Tag: countries
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Energy relations between China and Iran are not a win-win deal for the two countries (article)
Read in this article • Production from the Yadavaran field will start in the first half of 2023 • In recent years, Iran has signed long-term cooperation documents with China and Russia • On the first day of the Iranian President’s visit to China, the two sides signed 20 cooperation documents • The Iranian leadership…
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Oil revenues and aid from Saudi Arabia and the Gulf states support developing countries (article)
From the rise of oil revenues in the 1970s until now, the Gulf states have provided massive financial aid to countries in economic distress in the Middle East and North Africa region and beyond. The Arab Gulf countries have emerged in the past five decades as one of the largest donors in the world, and…
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Shell is considering withdrawing from retail activities in 3 major European countries
Shell – one of the major international oil companies – is heading to exit retail activities in 3 major European countries, due to the repercussions of the energy crisis that has extended in the old continent since last year. The Anglo-Dutch company announced it is considering withdrawing from its home retail business in the United…