by Wael Mahdi | Mar 15, 2016 | Business
Khobar- Since the four OPEC members, Saudi Arabia, Venezuela, Russia and Qatar have met last month in Doha, everybody has been waiting to know the setting of the next meeting that will include major oil producers, in a step urging them to freeze their oil output to...
by Asharq Al-Awsat | Apr 8, 2014 | Business
London, Asharq Al-Awsat—Iran’s oil minister said on Monday that his country will increase its crude oil output despite the US-led sanctions against the country’s energy sector. Iran has an “extensive plan” to bolster its oil production capacity, Bijan Namdar Zanganeh...
by Asharq Al-Awsat | Sep 1, 2013 | Business
Dubai, Reuters—Iran’s new oil minister has ordered the revision of energy project contracts to make them more attractive to foreign investors, a National Iranian Oil Company (NIOC) executive told oil ministry news service Shana. Iran’s long insistence on...
