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Mena Aero in strategic tie-ups with Saudi firms

Bahrain-based Mena Aerospace Enterprises has entered into partnerships with two major Saudi-Arabian companies towards offering airport maintenance services as well as private aviation. Mena Aero and Attar Holding have signed an ag

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Iran bent on enrichment ahead of nuke talks

Iran will not stop higher-grade enrichment of uranium in response to external demands, Tehran's top nuclear official was quoted as saying on Tuesday, signaling a tough bargaining stance ahead of planned new talks with world powers.

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Iran aims to raise $9.7bn for energy projects

Iran plans to issue euro and rial denominated bonds worth a total of about $9.7 billion in the 2010-11 year to help finance energy projects, a senior oil official was quoted as saying. The Oil Ministry will issue five billion euros ($6.67

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Opec cannot raise crude output says Iran

Many OPEC states are now producing as much oil as they can, limiting the ability of the cartel to raise output even if such a decision was made to help cool crude prices, an Iranian oil official was quoted as saying yesterday (January 5).

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