Energy Industry

Iran's working class, facing dim prospects, fuels unrest

Jan 6, 2018

Iran's protests over the past week have been centered in dozens of long-neglected cities and towns, where economic prospects are dim

Sunni jihadists claim they blew up Iran oil pipeline

Dec 30, 2017

A Sunni jihadist group has claimed to have blown up an oil pipeline in Iran's southern Khuzestan province, the scene of other attacks by Arab separatists

Tax-free no more: Saudi Arabia, UAE to roll out VAT in 2018

Dec 27, 2017

Saudi Arabia and the United Arab Emirates, which have long lured foreign workers with the promise of a tax-free lifestyle, plan to impose a 5 percent tax next year on most goods and services to boost revenue after oil prices collapsed three years ago

Iraq plans new Kirkuk-Ceyhan oil pipeline

Dec 24, 2017

Iraq has invited companies to submit statements of interest in building a new pipeline from the northern city of Kirkuk to Turkey's Mediterranean port of Ceyhan

Positive IMF review paves way for $2B transfer to Egypt

Dec 21, 2017

IMF says Egypt's economic reforms on track, paving the way for the transfer of another $2 billion loan disbursement

Half the Saudi population receiving welfare in new system

Dec 21, 2017

Saudi Arabia doles out welfare payments to low, middle-income families, approximately half the kingdom's population

Saudi Arabia heralds biggest spending plans yet amid deficit

Dec 19, 2017

Saudi Arabia announces biggest budget in its history, announcing expenditures of 978 billion riyals ($261 billion) this coming fiscal year

Cyprus, Egypt, Greece agree to bolster maritime security

Dec 14, 2017

The defense ministers of Cyprus, Egypt and Greece have agreed to step up cooperation in combatting drug, weapons and people trafficking in the eastern Mediterranean and to share information on countering the threat of terrorism

Israel expects gas to flow from east Mediterranean to Europe

Dec 5, 2017

Israel's energy minister says a potential undersea pipeline carrying natural gas from deposits in the eastern Mediterranean to Europe is "very realistic" and could help secure the continent's energy future

Saudi oil minister talks of strengthening ties on Iraq visit

Dec 5, 2017

On Iraq visit, Saudi oil minister says relations between kingdom and Baghdad are improving

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What if you could see what will happen to the world in the next 10 years? In The Daily Futurist, we explore mostly on geography, archaeology and natural science. See the future here in The Daily Futurist.

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