Banks lend more attention to financing the private sector
The significant reduction in bank loans to the petroleum and electricity sectors…
Shell to invest $600m in Western Desert operations
By Ahmed Tolba Badr Petroleum Company (Bapetco), a joint venture between the…
Iran announces nuclear-powered vessel capabilities
Iranian authorities arrest suspects for the assassination of Iranian nuclear scientists.
Iran discovers oil field but who’s buying?
Kenya cancels oil deal with Iran after threat of sanctions for doing…
British Petroleum draws first gas from Seth development Block
Energy veteran British Petroleum (BP) has announced production of first gas from…
EU oil embargo on Iran comes into effect
Oil market observer bodies and analysts say the embargo, coupled with US…