Tag: companies
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Sanctions on Iran extend to 9 new companies that manufacture and promote petrochemicals
The United States of America has tightened sanctions against Iran by listing the names of 9 Iranian, Singaporean and Malaysian companies involved in selling leading petrochemical products in Tehran. On Thursday, February 9, 2023, the US Treasury announced imposing sanctions on 6 petrochemical companies based in Iran. The sanctions also included the branches of the…
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Russia is considering adopting Brent crude prices instead of Urals in accounting for oil companies
Russia is currently studying the adoption of Brent crude prices in the tax accounting of oil-producing companies, in an attempt to compensate for part of the losses incurred due to the European and American sanctions imposed on Russian oil. The Russian government is moving to adopt a new system in imposing taxes on oil producers…
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The American “SLB” strengthens its presence in Russia after the exit of competing companies
At a time when international energy companies rushed to exit Russia after the outbreak of the Ukrainian war, the American company SLB began to acquire contracts for services and equipment from these companies and established its presence in Moscow. The company – which is based in the US state of Texas and abandoned the name…
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10 companies compete to store liquefied petroleum gas in Kenya
Kenya’s new LPG storage terminal project is set to welcome 10 companies that have expressed interest in entering the market; This may enable the country to secure fuel supplies for homes in the medium and long term. The Kenyan company, Fossil Supplies Limited, announced that it has submitted an environmental impact report for the project…
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A company affiliated with the army is at the forefront.. Egypt is close to selling shares in fuel companies
Egypt has placed a number of fuel companies, including the “Wataniya” fuel company affiliated with the military, at the forefront of the companies whose stakes are to be sold in the coming months. In this context, the Sovereign Fund of Egypt included 5 companies in the Pre-IPO Fund, in preparation for selling stakes ranging between…
