Tag Archives: Exchange

The annual US General Assembly opened on September 12 and lasts until December or January.

Tribal fighting near oilfields sites is definitely affecting the energy operations and sending a negative message to foreign oil firms.

If the US$2-trillion valuation becomes a reality. the IPO could bring in US$100 billion. which would make Aramco’s IPO the biggest in history.

The move comes as BP re-evaluates its portfolio in the wake of a dramatic slump in oil prices three years ago.

The two sides also exchanged views on expansion of relations in other domains. including energy. roads. agriculture and trade as well as tourism.

The new capacity is expected to help the ministry avoid periodic outages during the hot summer when demand peaks for cooling homes and businesses.

The US is trying to prevent a flux of Iranian oil on the market.

Oil Minister Bijan Zanganeh has been credited with the boost in Iran'.s crude output since many global sanctions were lifted last year.

In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.

Copper mining earns Zambia more than 70% of its foreign exchange.