Israeli engineers are working on the world’s tallest solar tower in the middle of southern Israel’s desert, reflecting the country’s efforts to decisively shift towards
Category: Mena
OPEC: Oil Output Falling Short of the Demand
For the first time in three years, the Organization of the Petroleum Exporting Countries (OPEC) said that its current output was falling short of the
Iran after the Embargo: International Tankers Help Ship Iranian Crude
Iran has been able to recover its pre-sanction level oil production and export at a much faster pace than earlier predicted also thanks to the
OPEC Fails to Agree on New Output Ceiling
OPEC did not manage to agree on a straightforward production strategy yesterday (2 June) as Iran insisted on boosting its own output despite the fact
Iraq Boosts Oil Output Before OPEC Meeting
Iraq is going to supply extra 5 million barrels of oil to its trade partners in June, thus effectively joining other Middle East producers by
Battling for Market Share: Saudi Arabia Wants Asia Buy More Oil
Ahead of the first OPEC meeting under the new Saudi oil minister, the Gulf Kingdom is offering extra crude to its Asian customers, a sign
OPEC to Meet for the First Time with New Saudi Oil Minister
Since the appointment of the new Saudi Energy Minister, Mr Khalid al-Falih has toured six state oil companies, met Gulf oil industry ministers, the South
Asian Markets in Focus as Iran and Saudi Arabia Fight for Market Share in Oil
Iran’s oil exports are expected to soar in May by almost 60 percent compared to a year ago, which is being mostly driven by the
Geopolitics of Oil: Saudi Arabia Appoints a New Energy Minister
Saudi Arabia on Saturday (7 May) appointed a new energy minister, replacing Ali al-Naimi, who held the post since 1995. The new head of the
IEA’s Chief Says Oil Prices Depend on Global Growth
The head of the International Energy Agency (IEA), Fatih Birol, said on Sunday (1 May) that crude prices may have reached their lowest, providing that