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2016-04-03 16:10:00

KUWAIT & SAUDI AGREE

KUWAIT & SAUDI AGREE

 

AL-KHAFJI OIL FIELD

 

Kuwait and Saudi Arabia agreed to resume production at offshore Khafji oil field although no restart date was immediately available, Kuwait News Agency (Kuna) reported, saying Anas al-Saleh, Kuwait's acting oil minister, told Kuwait's Parliament that maintenance was planned first at the field.

Production at Khafji was halted in October 2014 because of environmental concerns. The 300,000-b/d field lies in the Saudi-Kuwaiti neutral zone. Kuwait Gulf Oil Co. and Saudi Aramco Gulf Operations Co. jointly operate it. Neither company commented on restart reports.

The restart initially will involve "small quantities, which would be increased taking into consideration environmental concerns," before returning to normal levels, Kuna said.

Separately, Saudi Arabia and Kuwait are expected to attend an Apr. 17 meeting in Qatar of major oil producers, members of the Organization of Petroleum Exporting Countries, as well as non-OPEC members, to discuss a proposed production freeze at January levels.

ogj.com

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More: 

SAUDI LOSES MARKET 

SAUDI EXPANSION 

SAUDI & SHELL SHARES 

RUSSIA & KUWAIT COOPERATION 

AS THE FOOL THINKS, SO THE BELL CLINKS 

SAUDI'S DEFICIT 20%

 

Tags: KUWAIT, SAUDI, OIL, OFFSHORE, KHAFJI

Chronicle:

KUWAIT & SAUDI AGREE
October, 20, 12:10:00

NORWAY'S PRODUCTION DOWN 171 TBD

NPD - Preliminary production figures for September 2017 show an average daily production of 1 772 000 barrels of oil, NGL and condensate, which is a decrease of 171 000 barrels per day compared to August.

KUWAIT & SAUDI AGREE
October, 20, 12:05:00

ЦЕНА URALS: $ $55,55881

Средняя цена на нефть Urals за период мониторинга с 15 сентября по 14 октября 2017 года составила $55,55881 за баррель, или $405,6 за тонну.

KUWAIT & SAUDI AGREE
October, 18, 19:10:00

OIL PRICE: ABOVE $58

Brent crude futures, the international benchmark for oil prices, were at $58.16 at 0643 GMT, up 28 cents, or 0.5 percent from their last close - and almost a third above mid-year levels. U.S. West Texas Intermediate (WTI) crude futures were at $52.03 per barrel, up 15 cents, or 0.3 percent, and almost a quarter above mid-June levels.

KUWAIT & SAUDI AGREE
October, 18, 19:05:00

РОССИЯ: БОЛЬШЕ НЕФТИ И ГАЗА

Александр Новак отметил рост основных показателей всех отраслей энергетики в прошлом году: «Мы имеем рекордные показатели за прошлый год по добыче нефти, угля. Идёт рост добычи и экспорту газа, в том числе в Европу на уровне 15 процентов. По углю мы наблюдаем рост добычи даже больше уровня прошлого рекордного года. Также отмечается рост производства электроэнергии на 2%, что говорит об оживлении экономики».

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