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BOC Seeks to Join London Metal Exchange
Bank of China Ltd. became the first Chinese company to apply for membership on the London Metal Exchange, the…
Sanctions Could Cost Iran $ 50 Bln
Iran’s oil revenue could halve. Top buyers are moving to cut imports of crude from the Islamic Republic amid a…
Saudi Arabia to Act to Push Down Oil Prices
Saudi Arabia will act to bring down oil prices, Saudi oil minister Ali Naimi said on Thursday as France signaled…
Abu Dhabi to Complete $ 600 Mln Solar Plant This Year
Abu Dhabi Solar plant Shams 1 will be completed by the end of this year and will be ready to provide Abu Dhabi with…
US Dollar Stabilizes Against Kuwaiti Dinar
Exchange rate of the US dollar against the Kuwaiti dinar stabilized, standing at KD 0.277 ($ 1), the euro also…
French Premier Upbeat on Oil-Release Prospects
French Prime Minister Francois Fillon on Thursday said he was optimistic about prospects for an agreement between…
ETHYDCO Awards Japan’s TOYO An Egyptian Ethylene Plant
The Egyptian Ethylene and Derivatives Co (ETHYDCO) has awarded Japan's Toyo Engineering Corp and ENPPI, an…
Kurdistan May Stop Crude Exports to Iraq
The Kurdistan Regional Government has said crude exports from the semi-autonomous region have dropped to 50,000…
Jordan, Palestinians Are Gas Export Priority: Israel’s Energy Minister
Uzi Landau said that the use of Israeli natural gas by our neighbors will create confidence and foster peace in the…
Saudi Arabia to Provide Yemen Two-Month Fuel Supply
Saudi Arabia is to give Yemen refined oil products to cover its needs for two months. The kingdom has repeatedly…
