Saudi Arabia confirmed that its oil supplies to Canada would not be impacted by the ongoing dispute between the two countries after the Kingdom froze
Category: Mena
The Arab Potash Company Achieves Record Production Since 1982
The Arab Potash Company (APC) announced that it has achieved a record output of potash during the first half of this year, attaining 1.2 million
Will It Ever Happen? – Doubts Mounting Over Saudi Aramco’s IPO
There are growing doubts regarding the public listing of Saudi Arabia’s state oil company Aramco as preparations for its IPO have stalled. Aramco’s IPO is
The Geopolitics of Oil: Iran Fights Back Against US Threats to Block Its Oil Exports
Iranian President Hassan Rouhani said that his country would maintain its firm stance against US threats to undermine Iranian oil sales, and warned that the
Market Update: Tehran Signals Compromise with OPEC’s Output Increase Plan
Iran hinted that it would agree to a compromise on a small boost in OPEC production during the cartel’s meeting last Friday. Saudi Arabia has
OPEC’s Back to Old Days: Squabbling Over Output Boost
OPEC is back in a row mode after an untypical period of agreement. The new squabble is taking place between the cartel’s leader, Saudi Arabia,
Market Update: The World’s Oil Output Rises Again
The oil prices have recently dropped after the United States increased its production level to the highest since March 2015 while Russian oil was also
Fertilizer Update: Brunei Selling its Share in Jordan’s Phosphate Company
Brunei, the largest shareholder in Jordan Phosphate Mines Company (JPMC), is selling its 37 percent stake to India’s two biggest fertilizer companies – Indian Potash
Market Update: OPEC’s Oil Output Freeze Deal Compliance High
OPEC oil production dropped to 13-month low due to falling Venezuelan output, Nigerian outages and strong compliance with the output freeze deal. The cartel is
The Energy of Geopolitics: Iran Hopeful About Oil Exports Post US Nuclear Deal Withdrawal
Iran Oil Minister Bijan Zanganeh said that his country did not expect a drop in its oil exports if the European Union manages to salvage