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Iran is looking forward to forming an international petrochemical association, with Turkey and Egypt as members, according to a press release by the Turkish Plastic Industrialists Federation (PLASFED). The Turkish federation said that the state-owned National Iranian Petrochemical Organization (NIPO) Read more
The Kingdom of Saudi Arabia has partnered with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), to boosts its potentials in the renewable energy sector with plans to further increase the energy it generates from the sector. More Read more
The Managing Director of Iran’s National Petrochemical Company (NPC), Abdolhossein Bayat, said that the country will be controlling 41% of regional petrochemical production in the next 7 years, during his speech at the opening ceremony of the 10th International Petrochemical Read more
Gasoil re-exporting to Syria from Lebanon is undergoing a major setback with only one dealer remaining in the business, conducted under a dangerous atmosphere and also being discouraged by bank policies. Lebanon’s trade deficit confirmed the trend. Interestingly, the quantities Read more
Gasoil re-exporting to Syria from Lebanon is undergoing a major setback with only one dealer remaining in the business, conducted under a dangerous atmosphere and also being discouraged by bank policies. Lebanon’s trade deficit confirmed the trend. Interestingly, the quantities Read more
Japan’s Prime Minister, Shinzo Abe, is on a two-day working visit to the United Arab Emirates (UAE) during which nuclear cooperation deal will be signed amongst others. This visit could probably lead to the use of Japanese technology in the Read more
Egypt has decided to begin work on its nuclear ambitions as soon as possible, as it awaits the arrival of the Russians to help in the implementation plans on the nuclear power station, located near the Mediterranean coast at Dabaa; Read more
The Kurdistan region of Iraq, Bina Bawi, has attracted an Austrian Oil company, OMV, which is also partly owned by the Abu Dhabi government, holding 24.9% stake. This company is already pumping gas in this region and it has set Read more
Libya will be issuing its 5th energy concession by in the fourth quarter of 2013 after a “strong demand” and the need to finance the post-war projects. Oil Minister Abdelbari al-Arussi said they are also engaged in discussions with OPEC Read more
If reports from Tehran are anything to go by, three African countries will be having Iran to build small refineries for them. Algeria is the only North African country alongside Angola and South Africa. Reports claim that terms have already Read more