INSEAD-Day

South Pars

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.
  • The South Pars gas field is one of the world's largest natural gas condensate fields. Iran shares the gas field with energy giant Qatar and there are 24 platforms on the side of the Islamic republic which has been developing it in the Gulf since the 1990s.
  • Iran arrests energy firm managers for backing workers’ strike

    Tehran, Iran -- Iranian authorities have arrested managers at a major petrochemical company for backing a workers' strike over pay and conditions in an energy-producing region in the south, Iranian media reported Wednesday. "A number of managers" were arrested for "having supported the acts of counter-revolutionary elements" and "organized strikes"...
  • Iran builds energy port on Persian Gulf for $350 million

    Iran built the port to reportedly expedite the export of petroleum products from the South Pars energy hub, which the country shares with Qatar.