Tag Archives: Investment

Rising U.S. crude production remains an issue for OPEC as it strives to clear a global overhang.

Tehran aims to sign 10 new oil and gas deals by the end of the current fiscal year (March 20. 2018).

Iran’s largest solar panel manufacturing company is under construction in Shiraz. the capital of Fars Province.

Austerity helped push the economy into recession in the second quarter of 2017.

The situation is complicated and likely to continue until the dust from the Kurdistan independence referendum settles.

Aramco’s petrochemicals output is about 30 million tonnes a year from plants it owns and joint ventures in Saudi Arabia and abroad.

Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.

Oil- and gas-rich Iran has also pledged to slow climate change by promoting cleaner energies.

The state-controlled major recently sold a 30 percent stake in its giant Zohr gas field in Egypt to Rosneft.

Both the local and global firms are keen to form consortiums for the coveted project.