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W.Asia

W.Asia
2017, January, 9, 19:00:00

SAUDI CUTS OIL PRODUCTION: 486 TBD

Saudi Arabia has cut its crude-oil production by at least 486,000 barrels a day since October, said a person familiar with the kingdom’s output, bringing the world’s largest exporter of petroleum swiftly into line with OPEC’s deal to raise prices.

W.Asia
2017, January, 9, 18:50:00

SAUDI'S CHANGES PRICE: $2 TLN

Saudi officials are seeking to transform Saudi Aramco into the world’s most valuable publicly traded company, which they say is worth about $2tn.

W.Asia
2016, December, 20, 18:35:00

BP: 10% SHAREHOLDER

BP today signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) that grants BP a 10% interest in Abu Dhabi’s ADCO onshore oil concession, which has a life of 40 years.

W.Asia
2016, December, 16, 18:40:00

OPEC CUTS OIL

Japanese refiners have received notices of crude supply cuts from "some producers" for January loading, following OPEC's November 30 decision to cut production.

W.Asia
2016, December, 15, 19:00:00

IRAQ'S OIL WILL UP

Iraq plans to increase crude-oil exports in January, government records show, immediately raising questions about its commitment to slashing production in line with OPEC’s landmark production agreement last month.

W.Asia
2016, December, 14, 19:00:00

РОССИЯ: ПОРА ДЕЙСТВОВАТЬ

В субботу страны ОПЕК и еще одиннадцать других государств договорились снизить добычу, чтобы стабилизировать цены на нефть. О том, как это получилось, рассказал министр энергетики России Александр Новак.

W.Asia
2016, December, 12, 18:50:00

ОГРАНИЧЕНИЕ ДОБЫЧИ НЕФТИ

Состоялось подписание соглашения об ограничении добычи нефти между странами ОПЕК и 11 странами, не входящими в картель. Сопредседатель встречи, Министр энергетики Российской Федерации Александр Новак, выступая на итоговой пресс-конференции заявил, что общемировое сокращение добычи нефти странами ОПЕК и не входящими в картель достигнет 1,7-1,8 млн баррелей в сутки. При этом, согласно подписанному соглашению, страны, не входящие в ОПЕК берут ответственность по сокращению добычи нефти порядка 560 тыс. барр в сутки.

W.Asia
2016, December, 12, 18:45:00

SAUDI - RUSSIAN ALLIANCE

The first global crude supply pact in 15 years has underlined the growing energy alliance between Saudi Arabia and Russia, as the depth of the two-year oil slump forces co-operation between once unlikely partners.

W.Asia
2016, December, 12, 18:40:00

ROSNEFT SUCCESSFUL DEAL

Rosneft Board of Directors has approved a strategic cooperation agreement with Qatar Investment Authority and Glencore, providing for further cooperation in upstream projects, logistics and global trading.

W.Asia
2016, December, 2, 19:00:00

CHINA'S OIL BENEFITS

For China’s beleaguered oil sector, a deal by the Organization of the Petroleum Exporting Countries to cut output could offer a lifeline to an industry that has been hammered by low prices—and may also hasten its shift away from a heavy reliance on Saudi crude.

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CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)