Tag Archives: Economy

Emirates National Oil Company has paid dues as part of its debts owed to Iran for pre-sanction oil and gas purchases.

The state-owned NPC is the top regulatory body of the petrochemical industry.

The project will have double the capacity of Desert Sunlight Solar Farm in California.

The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.

Traders are now awaiting the release this week of minutes from the Federal Reserve'.s latest policy meeting.

Iran needs major investments in its offshore oil and gas sectors.

Russia will see lower inflation and a smaller budget deficit if OPEC and non-OPEC oil producers agree to extend a production cut deal.

The MoU aims to generate USD 4 billion in annual productivity improvement.

With a combined production capacity of 2.2 million tons annually. the plants cost $1.3 billion.

Saudi Arabia still loses sleep over the price of oil. Not for much longer.