Natural gas is by far not the only area in which the European Union is significantly dependent on the outside world. When it comes to
Tag: Saudi Arabia
Uncertainties about Russia’s Oil Deal with Iran
After several months of negotiations between heavily-sanctioned Russia and rouge Iran on possible cooperation in oil sector, the talks yielded a surprising outcome on 5
Qatar Set to Become One of the World’s Major Fertilizers Producers
Doha, one of the main oil and gas producers in the world, is seeking to diversify its economy which is still heavily dependent on oil,
Saudi Mining Co. Gets $ 5 Bln Loan for Its Mega Phosphate Project
Saudi Arabian Mining Company, Ma’aden, has signed a $5 billion financing deal with several banks and a state-owned investment fund to support its $7.5 billion
Shell Fails to Find Gas in Saudi Arabia
Royal Dutch Shell has returned empty handed from its exploration campaign targeting natural gas reserves in the deserts of Saudi Arabia. According to Andrew Brown,
Gulf Countries Fertilizer Output Up 4 pc in 2013
The fertilizer production of Arab Gulf countries has reached 42.7 million tons in 2013, a 4 pc increase from the previous year, while the global
Dealing with Egypt’s Energy Subsidy Monster
Mohamed Shoeib, CEO of the energy division at Citadel Capital, thinks that subsidies that countries like Saudi Arabia provide Egypt with are not a solution
Oman’s Gas Consumption Nearly Doubles by 2020
The Oman Power & Water Procurement Company (OPWP) expects gas consumption in the electricity and water desalination sector to increase from the current annual volume
Chinese & Moroccans, Big Players in Global Phosphate Market
As the US rock production continues to drop due to several factors (environmental, raising costs…), the Chinese output has kept growing in recent years, increasing
Saudis to Build Multi-billion Phosphates City
Saudi Arabia, the world largest oil producer and exporter, is planning to build a city dedicated to the mining, processing and trading of phosphate-based products.