Tag Archives: Investment

Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.

ADNOC has said that it would aim to double its refining capacity in a major push to expand its downstream operations.

The development builds on discussions during a climate summit in Paris last year.

The cooperation deal envisages investments worth at least €3 billion ($3.5 billion) in the Greek market.

A deal would represent a novel way for the debt-laden oil company to boost output from mature fields without losing control or risking capital.

Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt.

The Trans Anatolian Natural Gas Pipeline (TANAP) will support regional trade and improve connectivity.

In addition to demand growth. LNG supply projects have an opportunity to capture legacy demand.

The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.

The state-owned company is looking at both shale and conventional resources in the US.