Tag Archives: Egypt

Russia does not expect the latest regional diplomatic crisis with Qatar to affect an agreement among major producers to cut oil output.

The SPR sales would not start until October 2018 and would amount to just 95.000 bpd. or 1 percent of current U.S. output.

Kuwait is part of a joint OPEC/non-OPEC ministerial monitoring committee.

OPEC has been urging other producers to join the supply pact.

MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.

The discovery of a huge natural gas deposit in Egyptian waters has boosted hopes of other such finds in the eastern Mediterranean.

Dana made a net profit of $7 million in the three months to Dec. 31.

.Iran is currently the world’s 14th largest steelmakers

.It is expected to the agreement to be completed during the next two months

.Siemens is the best partner for such megaprojects. which can make a difference for entire nations