OPEC shares expectations on MENA countries in 2014
The Organization of Petroleum Exporting Countries (OPEC), which pumps more than a third of the world’s oil, suffered a cutback of oil production over the […]
Iran
Iran, Lebanon and Egypt fuelling Syrian war
Reuters has come up with claims that Damascus is able to continue its offensive aggressiveness in the Syrian war due to the oil supplies it […]
Iran opens up to European banks
Iran is planning to use some European banks in handling its oil exports transactions. Tehran is expecting western countries to relax their sanctions before eventually […]
Oman-Iran: North-South corridor project gas pipeline
The much awaited natural gas pipeline construction between Oman and Iran will be completed in 2015. Negotiations over the 60billion deal took a decade for […]
Iraq named as Syrian attack collateral damage
In the latest development of the possible consequences of attacking Syria, reports are emerging that United States interest in Iraq will be attacked. Militants in […]
Tunisia and Iran revive port and maritime cooperation
Iran and Tunisia have decided to increase their cooperation, with regards to their maritime affairs, with the signing of several documents, at the end of […]
Lebanese opposition wants government out
Former Prime Minister, Fouad Siniora, has promised that the coalition of the opposition called “March I4” will force the current Prime Minister to step down […]
Fearing US, UE sanctions, Kenya cancels oil deal with Iran
Kenya has cancelled an agreement it signed end of May with Iran under which it was to import Iranian crude oil to cover all its […]