Iran to sell oil at $50 per barrel next year

Tehran - Iran expects to sell its crude oil at around $50 per barrel over the next Iranian calendar year that starts on March 21, 2017.


Korean shipyards invest In automation

Seoul - As offshore drilling and production units become more complex, shipyards have to evaluate and update processes and tools.


Chinese business delegation courts Taiwan ally Panama

Beijing - A large Chinese business delegation has arrived in the Central American country of Panama, a diplomatic ally of self-ruled Taiwan, and is keen to invest in energy and port projects.


OPEC to debate oil output cut next week but Iraq, Iran hesitate

Dubai - OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal’s success hinges on an agreement from Iraq and Iran, which are far from certain to give full backing.


“Carige Bank, Berneschi found guilty”

Genoa - It was one of the few gripping moments in a trial that had promised to be electrifying, but in the end has proven to be simply what it was supposed to be: an exhausting series of accounting data, diagrams cross referenced with corporate real estate deals to make one’s head spin

Trump victory may revive Keystone XL project
China’s insurance industry must respond to climate risks
Iran expects $12bn in foreign investments
Pakistani PM welcomes first large Chinese shipment to Gwadar port
Fincantieri launches a voluntary general offer for all the shares of Vard