Gas-rich Gulf state aims to escape blockade by diversifying economy.
Read More »SOCAR. BP to Build Petrochemical Facility in Turkey
BP and SOCAR expect to work towards a potential final investment decision in 2019.
Read More »Iran emphasizing importance of expanding business-economic relations with Kuwait
Al-Nahar emphasized the importance of expanding trade and economic relations between the two neighboring countries.
Read More »Switzerland prepares to launch Iran payments channel
Switzerland is close to launch an initiative to let companies sell food. medicine and medical devices to Iran by using a new payment channel.
Read More »Saudi Arabia Spares Asia from Crude Cuts in Bid to Keep Market Share
South Korea imported 8.8 million barrels of light sweet WTI Midland and Eagle Ford crude and condensate in October.
Read More »Export Value of Iran’s Industrial & Mining Products Exceeds $22B
The export value exceeded $22 billion in the eight months.
Read More »Supply Glut and Economic Concerns Affects Oil Price in 2019
The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.
Read More »Khalid al-Falih Expects Oil Stocks to Fall by End of First Quarter
The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.
Read More »Iran Earns 16% More in Tar Exports in Last 8 Months
Iran exported $561 million worth of tar in the first eight months of the current Iranian year
Read More »Iran. Iraq in Talks for Trade in Own Currencies
The central banks of Iran and Iraq are finalizing negotiations to begin trade in their own currencies.
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