State-owned oil behemoth valued at up to $2 trillion. enough to buy Amazon and Apple with a few hundred billion to spare.
Read More »The IPO of Saudi Aramco is proceeding very well
Oil will maintain its key role in the global energy mix for the forseeable future.
Read More »Exxon Mobil Seeks to Work in Algeria
Algeria remains dependent on oil and gas earnings. which provide 60 percent of the state budget.
Read More »Oil Climbed as Geopolitical Risk Resurfaces in Libya
Oil prices are responding to the tightening of supply due to the Libyan production halt.
Read More »Egypt`s Bright Perspective Thanks to Zohr Gas field
The focus has been on gas that has begun flowing from Egypt’s Zohr gas field. the largest in the Mediterranean.
Read More »China is Ramping Up its Presence in Iraq
The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.
Read More »CEFC Chairman under Probe
Glencore-QIA consortium bought a 19.5-percent stake in Rosneft in December 2016 for 692 billion rubles.
Read More »Azerbaijan. Russia Interested in Creation of Electrical Grid with Georgia
During the meeting in Moscow. the sides discussed a number of issues of great importance in the energy sector.
Read More »Modi. Rouhani to Talk Chabahar Port. Regional Security
Mutual concerns over regional security. especially the situation in Afghanistan. should also come up for discussions between Rouhani and Prime Minister Narendra Modi.
Read More »Iran will Connect to European Grid by Neighbors
Iran is paving the way for the investment of Iranian and foreign private sectors in renewable energies.
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