Highlights TotalEnergies signed $27 billion worth of deals with Iraq in Sep INOC is a revived company that was dissolved in 1987 The Iraqi cabinet has approved Iraqi National Oil Continue Reading
Iraq’s newly founded Iraq National Oil Company was created to fairly distribute they nation’s oil wealth to its citizens. Having a national oil company is a good idea in that Continue Reading
Four months after the Ninewa province field came back online, production has again stopped. A wellhead at the Qayarah oil field. (Photo credit: Sonangol) ERBIL – Production has halted at Continue Reading
Saudi Arabia booked its highest-ever quarterly foreign direct investment (FDI) in the second quarter, thanks to a large oil pipeline infrastructure deal that state oil giant Aramco closed in the Continue Reading
Highlights Chevon, Iraq had signed framework agreement in Aug 2020 Committee recommends moving ahead with Nebras petchem project Expansion of Diwaniyah refinery approved An Iraqi government energy committee backs holding Continue Reading
Saudi Arabia’s oil revenues are flowing in at the highest rate in three years Saudi Arabia is already close to pre-pandemic production levels of 9.8 million barrels daily, and oil Continue Reading
Iran said its demand that the U.S. unblocks $10 billion of its oil funds trapped overseas is “one example” of what Washington could do to generate good will before big-power Continue Reading
Last year, with oil prices floundering near the $40 mark for much of the year, most of the Gulf economies were in dire straits due to their heavily oil-reliant economies Continue Reading
The seismic, multi-generational Iran-China deal is set for full roll-out. Full membership of the economic, military and political, SCO alliance will lead to major strategic investments in Iran’s up-and-downstream sectors. Continue Reading
Amir, an engineering master’s student standing outside Tehran University, had thought about going into digital marketing, but worried that Iran’s government would restrict Instagram, as it had other apps. He Continue Reading
