Morocco’s state-run phosphates company OCP and UAE National Oil Company (ADNOC) are going to boost their partnership by setting up a new global fertilizers joint
Category: Mena
Market Update: Oil Prices Overreacting to Iran’s Nuclear Developments
Oil prices extended gains – with US West Texas Intermediate crude for June delivery going up by 24 cents to reach $68.81 a barrel –
Saudi Aramco and French Total to Expand World’s Leading Refining Hub
Saudi state-run giant Aramco and French oil company Total are planning to sign a deal next week for the expansion of their joint venture refinery
Market Update: Saudis and Russians Working on a Historic Long-Term Oil Pact
Saudi Arabia and Russia are working on a landmark long-term deal that could extend the limitations on world oil supplies by major exporters for up
Saudis Scale Back on Public Listing of Giant Aramco
Saudi Arabia is taming its ambitions for a public offering for its oil company Aramco. The country has decided to move ahead with a listing
Market Update: Iran Doubles Gas Production at the World’s Largest Field
Iran has almost doubled its gas output at South Pars, the world’s largest gas field, in 2017. Gas production at South Pars went up from
Energy Geopolitics: Iran’s Global Oil Comeback Not Happening
Analysts were expecting Iran’s oil-and-gas industry to take off following the relaxation around the nuclear deal. Instead, the anticipated boom is nowhere to be seen.
Geopolitics of Energy: Egypt to Buy $15 Billion Worth of Israeli Gas
Investors in Israel’s natural gas industry gave a green light to a deal to supply an Egyptian company with gas worth $15 billion. The move
Market Update: Saudis Remain Committed to Oil Output Cut Deal
Saudi Arabia is committed to sticking with the petroleum output freeze for the remainder of this year even if it means to “overbalance the market
Potash Market Update: Norway’s Yara Helps Produce Potash in the Arab World
The Arab Potash Company (APC) and Yara International ASA, a Norwegian chemical company, are partnering to invest $200 million to fund a new production line