The Saudi Aramco IPO has garnered $19.47 billion (73 billion riyals) in institutional and retail orders so far, Saudi Arabia’s Samba Financial Group reported on Thursday afternoon, according to Reuters Continue Reading
China’s Sinopec, the country’s largest refiner, is building a 200,000-bpd refinery in southern China, which will use Kuwaiti crude as feedstock, unnamed sources told Reuters. The refining and petrochemical complex Continue Reading
Tehran used arrests, deadly force and a prolonged internet blackout to contain nationwide protests that pose the most serious test in years for Iran’s leaders. Iranian President Hassan Rouhani on Continue Reading
Theoretically, there is no reason why Iraq cannot become one of the leading producers of petrochemicals in the world, given its tremendous reserves of oil and gas. Finally, with a Continue Reading
Iranian President Hassan Rouhani said on Wednesday that Iran and its people have defeated the conspiracies of its enemies and claimed victory in the nationwide protests in the country following Continue Reading
Highlights Violent clashes have rocked Iraq since Oct. Production, exports unaffected, sources say Government instability may delay oil projects London — Iraq’s crude production and exports continue at full throttle Continue Reading
Amnesty International said on Tuesday that more than 100 protestors had been killed in 21 cities in Iran during unrest that broke out over a rise in fuel prices last Continue Reading
Israel said its aircraft struck dozens of Iranian and Syrian military targets in Syria on Wednesday in retaliation for rockets fired toward Israel a day earlier. Syrian state media reported Continue Reading
Iraq’s crude production and exports continue at full throttle despite the recent violent demonstrations in the country, but analysts said the situation bears close watching as oil fields and ports Continue Reading
Turkey’s location has always given it a key geostrategic advantage. Its proximity to the Middle East and the Caspian as well as its position on the Black Sea make it Continue Reading
