Tag Archives: Middle East

Geopolitical consequences aside. market experts believe that the situation around Qatar may serve to become a positive factor for rising oil prices.

The South Caucasus Pipeline Expansion Project has been completed by 85 percent.

A group of scientists has come closer to establishing a mathematical model of how water microdroplets organize themselves.

The deal will develop a world-class maritime yard within the King Salman International Complex.

Turkey had called for a 62.5 percent decrease in the price of gas it imported from Iran five years ago.

Emirates National Oil Company has paid dues as part of its debts owed to Iran for pre-sanction oil and gas purchases.

Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.

Iran holds the world'.s second largest gas reserves after Russia. but currently consumes almost all the gas it produces.

The conference. timed to the exhibition. will be attended by over 400 delegates from 30 countries.

SOMO and Russia'.s Litasco have set up a joint trading company in Dubai to market crude.