Global demand for transport will continue to grow dramatically over the next three decades.
Read More »Saudi Arabia Backs out of Major Russian LNG Project
The Saudi Arabian national oil and gas company Saudi Aramco has decided not to buy a share in Novatek’s Arctic LNG-2 project.
Read More »Iran After Connecting Chabahar to Pakistan’s Gwadar
Iranian Foreign Minister Mohammad Javad Zarif said that Tehran is to propose a new plan to Islamabad to make up a joint transportation project with linking Chabahar port to the Pakistani port of Gwadar.
Read More »New Iraq-Syria Crossing Could Breathe New Life Into Iran’s Oil Exports
A new border crossing between Iraq and Syria is under construction in an area controlled by Iran-affiliated militias.
Read More »New Flare Stack to Be Installed in Iran’s South Pars
Local technicians at Iran’s giant South Pars gas field have begun an operation to install the last flare stack of the offshore platforms in the Phase 14 of the field.
Read More »Saudi Aramco`s Ambition to Become a Leading Player in LNG Market
Sempra has said it hopes to reach a final investment decision by early 2020.
Read More »Aramco Enters U.S. Shale Gas Business with Sempra LNG Deal
Saudi Arabia is tapping into the U.S. shale revolution that will primarily ship the fuel to buyers in Europe and Asia.
Read More »Annual Export of Non-Oil Goods from Iran’s Southern Province Hits $16.5 Bln
Products worth $16.5 billion were exported through the gates of the customs department of the Southern Iranian province of Hormuzgan in the last Persian calendar year (ended on March 20). of which $2.7 billion were the goods produced in the province.
Read More »Iran. Turkey Ready to Strengthen Economic Cooperation
Turkey is the destination for over 50% of Iran’s non-oil exports.
Read More »OPEC to Gather in Jeddah amid Regional Tensions and Price Volatility
Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
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