Switzerland | Egypt Oil & Gas
SABIC Not Seeking to Acquire Clariant
Saudi Basic Industries Corporation (SABIC) has denied interest in acquiring Switzerland’s Clariant, SABIC CEO Yousef Al-Benyan told Asharq Al-Awasat. SABIC owns a 25% stake in Clarent, which recently revealed th...
Iran Inks Solar Deals with Italian, Swiss Firms
A contract worth almost $44m has been inked with Italian and Swiss investors for building Iran’s biggest solar power plant in North Khorasan province, reported Trade Arabia. Managing Director of Energy Department of N...
Nigerian President Relies on Oil Officials in Fight Against Corruption
Nigerian President Muhammadu Buhari is packing his new cabinet with figures from the oil industry, according to Bloomberg, having nominated four former state governors and the current head of the national oil company ...
Omani Corruption Trail Leads to Switzerland
The Swiss attorney general’s office has confirmed that it is helping Oman investigate alleged corruption in the country’s national oil company and oil ministry, announced swissinfo.ch. In an email message to swissinfo...
Iranian Gas Between Swiss Sanctions and Indian Investments
According to Reuters Iran announced that the development rights for its Farzad-B gas field will in fact be available to Indian companies, quelling Indian concerns that the contract would instead go to rival European f...
UAE Biogas Ambitions Reach Nepal
UAE-based Farnek, a top facilities management (FM) company, has installed its first biogas plant in rural Nepal under its 2015 social engagement and corporate social responsibility strategy. Working with its long-term...
Oman Oil Executive Found Guilty in Anti-Corruption Campaign
The chief executive officer of Oman Oil Company has been sentenced to 23 years in jail in a landmark case that found that Ahmad Al-Wahibi accepted a bribe of $8 million from Korea-based firm LGI, a report said. The de...
Iran Methanol Mega Plant to Rival US Shale Gas
Iran is building the world’s largest methanol plant which the country is touting as a rival to US shale gas. The Kaveh mega methanol project, being implemented in the Persian Gulf city of Bandar Dayyer, is 70% complet...Page 1 of 1
