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Iran mulls new investment rules in push to boost clean energy

  Bloomberg Iran, which gets most of its electricity from natural gas, is considering new rules that may entice foreign investors to raise the amount of clean energy generated on its grid. The government is reviewing regulations to streamline and accelerate the process “for investors to bring funds inside the country and repatriate the profits,” presidential adviser Elham Aminzadeh said ...

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Libya’s largest oil port could be ready next week for shipments

  Bloomberg Libya’s largest oil export terminal may re-open as early as next week in a move that would provide relief for the cash-strapped country holding Africa’s largest crude reserves. Tankers may be able to load at Es Sider port by next week as maintenance work at the terminal is almost complete, a National Oil Corp. official said by phone ...

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Saudi Oger seeks payment freeze on local bank debt

  Reuters Construction giant Saudi Oger has asked banks to agree to a freeze in repayments on at least 13 billion riyals ($3.5 billion) of debt, sources aware of the matter said, as it seeks more time to collect money owed by the kingdom’s government. The request opens the way for the company, owned by the family of Lebanese Prime ...

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