Lebanese PM Hariri resigns
madaresharghi Lebanese Prime Minister Saad Hariri has announced his resignation in a speech broadcast from Saudi Arabia. Hariri announced his resignation in a televised statement on Saturday, citing many reasons, ...
Daesh on verge of final collapse in Iraq, Syria after losing last major cities
madaresharghi The Daesh Takfiri group has virtually reached the point of annihilation in Iraq and Syria after its last two substantial urban strongholds in both countries were captured by government ...
Israel threatens to launch incursion into Syria
madaresharghi The Israeli military has threatened to launch an incursion into Syria “to protect” the people of a village populated by the Arab country’s Druze minority, who are themselves supportive ...
ONGC Seeking to Diversify Assets Amid Iran Gas Row
madaresharghi India’s ONGC Videsh has turned its focus on buying stakes in overseas oil and gas production assets to meet output targets after a delay by Iran in awarding development ...
Shell Bests Big Oil Peers
madaresharghi Royal Dutch Shell plc topped Wall Street forecasts with strong results across the board during the third quarter, perhaps affirming, as its Big Oil peers have done in recent ...
Iran's NDC, French Firm Sign Drilling Agreement
madaresharghi France's Altea Resources signed a memorandum of understanding with the North Drilling Company, a subsidiary of the National Iranian Oil Company, to cooperate in drilling-related operations and services. The ...
Exxon Spending $1b/y on Green Energy
madaresharghi One of the world’s biggest oil companies is pumping more than $1 billion a year into alternative forms of energy from algae engineered to bloom into biofuels and cells ...
Iran Petrochemical Exports Up 13%
madaresharghi Iran's petrochemical exports rose 13% in the first seven months of the current fiscal year (March 21-Oct. 22) compared with the same period of last year, an official at ...
Oil Near 2-Year Highs
madaresharghi Oil prices rose on Friday, nearing their highest levels in more than two years, with buyers attracted by expectations of an extension to a global pact to cut output ...
Iran Expects Crude Output to Reach 4.5 mbpd in Four Years
madaresharghi Iran sees the potential to raise its crude oil production capacity by more than 50% in the long run, while plans are in place to ramp up output to ...