LONDON / Reuters Specialist renewable energy investor Quercus will invest over half a billion euros in a solar power project in Iran, with construction to start in the first half of 2018, the company’s chief executive told Reuters. The planned 600-megawatt (MW) plant, located in central Iran, will be the sixth largest globally, behind projects of up to 1.5 gigawatts …

DUBAI / Reuters The Saudi stock index may rise as crude oil prices held near a six-month high, while other Gulf markets more susceptible to foreign flows may follow the downtrend in Asian shares. Brent was trading at $56.80 a barrel in Asia, staying near a March high struck on Friday. Petrochemical makers, that account for roughly one-quarter of Saudi …

Bloomberg When the who’s who of the oil trading industry gathered in Singapore last year for the annual Asia Pacific Petroleum Conference (APPEC), the talk was about a painful year ahead. Of the dozen or so senior oil traders canvassed, all but one expected prices to be capped at about $50 a barrel. A year later, the sentiment has turned …