A recent report shows that the volume of foreign investment in Iran has increased by over 64 percent.
Read More »Al-Falih Reiterates Closer Ties with China in Jeddah Investment Forum
A follow-up meeting will be held to explore cooperation in several different sectors. They include. industry. logistics. housing and financial services.
Read More »Saudi Aramco. SABIC Launch Bidding at Key Chemical Project
The project is strategic for Saudi Arabia. which plans to expand further into the petrochemical chain to export more end products and grow beyond oil.
Read More »Saudi Aramco to Sign China`s Yunnan Refinery Deal in 6 Months
Saudi Arabia aims to break the slow pace in the progress of Saudi projects in China and push for more investments between the two nations.
Read More »Adding 1 GW Per Year in Renewables is in Country`s Agenda
Oil- and gas-rich Iran has also pledged to slow climate change by promoting cleaner energies.
Read More »First Tanker with US-Produced LNG for Lithuania Leaves Behind `Political` Wake
According to energy industry analysts. the US is expected to become a net exporter of natural gas by next year. largely thanks to the country'.s LNG exports.
Read More »Oil Min: Foreign Finance Crux of Oil Industry Development
The average rate of recovery from Iranian oilfields is expected to reach 40% from around 25%.
Read More »China. Saudi Arabia Agree to Strengthen Economic Ties
China supports Saudi Arabia to diversify its economy.
Read More »Parliament Hands Zangeneh a Vote of Confidence
His latest efforts to woo investors bore fruit when Total signed a contract on July 3. to develop South Pars.
Read More »Aramco. Rosneft Agree to Conduct Joint Marketing with Pertamina
Pertamina. which owns 55 percent of both projects. was previously the sole off-taker of output by the Cilacap and Tuban refineries.
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