AMMAN, Jordan (MNTV) — Jordan’s National Petroleum Company (NPC) has announced a comprehensive strategy to expand operations at the Risheh gas field, aiming to significantly boost production and strengthen the country’s energy security through 2050. NPC CEO Mohammad Khasawneh said current production exceeds 75 million cubic feet (mcf) per day,...
BAGHDAD, Iraq (MNTV) — Iraq’s State Oil Marketing Organization (SOMO) is nearing a preliminary agreement with ExxonMobil to expand cooperation in Asia, with plans covering crude storage, refining, and trading, according to the state-owned Iraq News Agency (INA). SOMO director general Alaa Nizar Al-Shatri said the talks include securing storage...
ALGIERS, Algeria (MNTV) — Tanzania’s Petroleum Upstream Regulatory Authority (PURA) and Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) have initiated talks to enhance cooperation in regulating oil and gas exploration and production. According to Daily News, the meeting, held in Algiers brought together senior...
Announcement comes after Trump signed trade agreement with Japan, establishing baseline 15% tariff on nearly all Japanese imports ISTANBUL (AA)—Japan’s top tariff negotiator Ryosei Akazawa said Friday that the trade deal reached between his country and the US will take effect within two weeks, Kyodo news agency reported. President Donald...
KABUL, Afghanistan — Afghanistan’s national power utility will host an international conference next week aimed at attracting foreign investment to its electricity sector, part of a push to expand infrastructure and reduce reliance on energy imports. According to ToloNews, Da Afghanistan Breshna Sherkat (DABS), the state-owned national electri...
MINSK/TASHKENT (MNTV) — Women entrepreneurs are playing a central role in strengthening relations between Uzbekistan and Belarus, as a high-profile business forum in Vitebsk brought together more than 200 delegates from both countries to explore new trade and investment opportunities. According to UzDaily, the Third Business Forum of Women Ent...
RIYADH, Saudi Arabia (MNTV) — Saudi Arabia recorded a 24.2 percent increase in foreign direct investment (FDI) inflows in 2024, reaching $31.8 billion. The country’s cumulative FDI stock nearly doubled to $260.4 billion compared with 2017 levels. The strong performance reflects the success of Vision 2030, the National Investment Strategy launc...
ASTANA, Kazakhstan (MNTV) — Kazakhstan has unveiled plans to construct a new city near Almaty, designed to become an international hub for business, finance, and innovation. The project, called Alatau City, is one of the most ambitious urban developments in Central Asia and is expected to attract investment, industry, and millions of new resid...
TOKYO, Japan (MNTV) — Saudi Arabia will stage more than 150 business events at its pavilion during Expo 2025 Osaka, aimed at deepening global partnerships and advancing dialogue on investment, sports, sustainability, and development. According to the organizers , the events, scheduled between September 4 and October 7, will bring together gove...
ASTANA, Kazakhstan (MNTV) — Kazakhstan has confirmed reserves of 2.6 million tons of rare earth elements as part of a nationwide exploration drive, underscoring the country’s ambitions to play a larger role in the global transition to clean energy technologies. According to the Geology Committee under the Ministry of Industry and Construction,...
