Tehran says its new petrochemical ventures require over $70 billion in investments that should mostly come from foreign sources.
Read More »Syria. Russia Discuss Means of Exploring and Investing Oil. Gas and Mineral Wealth
The Russian delegation comprises the Russian Deputy Minister of Industry and a number of senior directors and representatives of Russian oil companies.
Read More »Saudis Pay the Price for OPEC Leadership
The OPEC leader has lost ground to rivals selling in some of its key Asian export markets. most particularly China and India.
Read More »Saudi Arabia Produces 44% of GCC’s Natural Gas
Saudi Arabia’s fertilizer products portfolio consists of ammonia (26 percent). urea (28 percent). and diammonium phosphate (DAP) MAP (22 percent).
Read More »Oil Price Rally Accelerates Shale Boom in Argentina
Last year Exxon said they may invest over $10 billion in Vaca Muerta shale projects over the next few decades.
Read More »Citi: An Oil Supply Squeeze Is Inevitable
Venezuela is in disarray and in no condition to expand its oil production.
Read More »Russia`s Gazprom Neft Beefs Up Security at Its Iraqi Kurdistan Branches
The company'.s management is prepared for any situation. Gazprom Neft Middle East CEO says.
Read More »Libya Is Preparing to Ramp Up Oil Production
Libya and Nigeria have collectively added about 550.000 bpd since the original deal was agreed to last year.
Read More »Turkey Agrees to ‘Only Deal with Baghdad’ Over Oil Exports
Oil exports serve as the KRG’s main source of income.
Read More »Iran Annoyed at Shelving of IP Gas Pipeline Project
Till now Iran has not responded positively to the move of Pakistan seeking force majeure.
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