Tag Archives: Persian Gulf Countries

The MoU aims to generate USD 4 billion in annual productivity improvement.

Iran'.s priority for gas exports to Europe was to proceed with LNG.

Currently. the value of the UAE’s investments in Indonesia amounts to $2 billion.

The U.S. oil major bid for the cargoes of the ultra light oil at more than $2 a barrel above Dubai quotes.

Iran’s electricity exports to Iraq have steeply risen this year.

Other marine services offered at the Port of Fujairah include ship supplies. ship repair. spare repair. spare parts and inspection.

Saudi Arabia still loses sleep over the price of oil. Not for much longer.

Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.

Saudi Arabia and Russia. the world'.s top two oil producers. agreed on Monday on the need to extend output cuts for nine months until March 2018.

Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.