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  • Fujairah fuel storage

    Iran to add 1.1 billion litres oil production storage by 2013

    Iran plans to increase its oil products storage capacity by 1.1 billion litres (6.9 million barrels) by next March, oil ministry news service Shana said on Tuesday.

    June 19, 2012 5:23
  • Zain Sudan

    Dollar shortage, tax hikes hurt Sudan Telcos

    Higher taxes and mounting competition are also posing challenges for the African country's three major telecoms players as they battle to tap the potential of a relatively underpenetrated market.

    June 19, 2012 5:20
  • Obama

    Obama congratulates Saudi king on selecting new heir

    U.S. President Barack Obama on Monday congratulated Saudi Arabia's King Abdullah for naming Prince Salman as heir apparent and said he was looking forward to continuing to deepen the U.S.-Saudi partnership.

    June 19, 2012 11:20
 
 
  • Eni-Snam

    Sovereign funds tell Eni interested in Snam stake

    Italian oil and gas major Eni has received expressions of interest from sovereign funds for a 22.5 percent stake in Snam that it must sell to exit investment in the gas grid operator, an Eni source said on Sunday.

    June 18, 2012 10:53
 
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