Friday, December 25, 2015
Saudi King Salman on Wednesday said he has ordered economic reforms to diversify sources of income and reduce high dependence on oil following a sharp drop in crude prices.
Friday, December 18, 2015
Kuwait has said it will establish a free economic zone on five islands close to the shorelines of regional heavyweights Iraq and Iran with large investments open to the private sector.
Tuesday, December 8, 2015
Egyptian natural gas companies have been ordered through arbitration to pay the Israel Electricity Corporation US$1.76 billion in compensation over a gas supply cut, the Israeli firm said Sunday.
As Israel prepares to push through a long-delayed landmark natural gas deal, Prime Minister Benjamin Netanyahu is facing a growing backlash by protesters who accuse him of using shady backroom dealings and strong-arm tactics to push through the plan.
Wednesday, December 2, 2015
While the golden domes of Turkmenistan's presidential palace hint at the country's fantastic gas wealth, the reclusive Central Asian country remains a slumbering giant in the high stakes game of energy politics.
Monday, November 30, 2015
Iran is seeking US$25 billion in investments from 50 deals involving international oil and gas companies, foreign executives were told Saturday in Tehran as the government outlined new contractual terms.
Wednesday, November 25, 2015
Tuesday, November 24, 2015
Flights to and from two northern Iraqi airports were suspended for 48 hours beginning on Monday due to danger posed by Russian cruise missiles heading for neighboring Syria, officials said.
Tuesday, November 10, 2015
Russia has finalized a contract for the delivery of advanced air-defense missile systems to Iran, the head of a Russian state-controlled industrial conglomerate said Monday.
Monday, October 26, 2015
For two years, Syrian teenager Ibrahim scraped together a paltry living selling lottery tickets and tissues on the crowded streets of Beirut, but that seems like a lifetime ago now.