EastMed Tensions: Turkey Ramps Up Drilling, Cyprus Its Gas Exports Plans
With the outright confrontation between Turkey and the European Union about Ankara’s drilling program in the Eastern Mediterranean on …
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ICL’s 3Q19 Results: Overall Optimism Despite Lower Sales, Eyes on China & India
ICL has reported its financial results for 3Q19 that highlighted its decreased sales standing at US$1325 million compared to …
ADNOC-OCI Joint Venture Fertiglobe Aspires to Become Global Export Leader in Nitrogen Fertilizer
The combination of ADNOC’s fertilizer business into OCI’s Middle East and North Africa (MENA) nitrogen fertilizer platform has been …
10th GPCA Fertilizer Convention: GCC Agri-Nutrients Industry Must Innovate to Face Growing Challenges
The agri-nutrients industry in the Arabian Gulf and globally is entering a new phase characterized by lower market growth, …
Middle East ‘Ablaze’: US Blames Oman Tanker Explosions on Iran
The US accused Iran of executing attacks in the Gulf of Oman, which left two tankers ablaze, which further …
US Stops Granting Waivers on Oil Purchases from Sanction-Hit Iran
Two White House officials let themselves heard on Friday (26 April) that there would not be any more waivers …
Market Update: Saudis Mull Extending Oil Production Cut
The Saudi energy minister said that it was early to say whether there was a consensus among OPEC and …
Tit-for-Tat: Saudi Arabia Threatens to Ditch Oil Dollars if NOPEC is Passed
Saudi Arabia is threatening to start selling its natural resources in currencies other than the US dollar if Washington …
Oman Clinch Deal to Invest in Sri Lanka’s Hambantota Oil Refinery Project
Oman’s oil minister said over the weekend that he was excited about his country taking part in a Sri …
New Energy Hot Spot: Exxon, in U-Turn, Now Plans Oil Drilling in Israel
The American oil giant Exxon Mobil Corporation is pondering oil and gas exploration in Israel. This move would make …