The United States is not going to Iraq to seize oil, US Defense Secretary Jim Mattis stressed earlier this week, prior to his visit to
Category: Mena
Iran Discovers New Shale Oil Reserves and Ponders Boosting Gas Exports
Iran has found new shale oil reserves in its western province of Lorestan. The state-run National Iranian Oil Company (NIOC) said that the new discovery
Iran Gets Self-Sufficient in Fertilizer Production
Iran has recently become self-sufficient in the production of nitrogen fertilizers, thus meeting all needs of its agricultural sector. “About 6 million tons of nitrogen
Boosting Food Security: UN Provides Fertilizer for Iraqi Farmers
More than 2,000 Iraqi farmers affected by conflict have been given 750 tons of fertilizer from the Food and Agriculture Organization of the United Nations
Iran Boosts Output and Readies for Foreign Investment Despite Trump’s Moves
Iran has announced that it would start working on new deals to develop oil and natural gas fields in mid-February – a move that will
Market Update: Oil Freeze Hard to Keep as Prices Sink Again
Oil prices went down earlier this week after Libya, which has an exemption from output cuts, had increased its production by more than a factor
Saudis Sign a Fertilizer Supply Deal with Bangladesh
The Saudi Arabian Mining Company (Ma’aden) signed a phosphate fertilizer supply contract with the Bangladesh Agricultural Development Corporation (BADC). The contract was signed in Riyadh
Lebanon About to Kick-Start Its Offshore Gas and Oil Production
Lebanon is planning to kick start its oil and gas industry by rekindling its licensing process with the aim to boost the development of a
Iran’s Comeback: Teheran Luring International Oil Giants
Iran has granted 29 energy firms from more than a dozen countries a permission to bid for oil and gas projects using the new, less
Market Forecast: Hedge Funds and Oil Demand in 2017
Saudi Arabia has gained an unprecedented support of a coalition of oil-producing countries to agree output cuts in 2017. The Kingdom has obtained pledges from