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W.Asia

W.Asia
2017, January, 26, 18:50:00

QATAR'S INVESTMENT TO RUSSIA

Abullah bin Mohammed Al Thani, the fund’s chief executive, said it would invest a further $2bn on top of $500m of existing investments in the country. Some of the investments would be made jointly with the $10bn sovereign Russian Direct Investment Fund, its partner in a deal last summer for St. Petersburg’s airport, he added.

W.Asia
2017, January, 13, 18:50:00

OIL MARKET DEFICIT

The world could run short of oil by 2020 due to the recent sharp global downturn in upstream investment, Saudi Energy Minister Khalid al-Falih said Thursday.

W.Asia
2017, January, 13, 18:45:00

EMIRATES URGE TO CUT

Suhail Al Mazrouei said on Wednesday that Opec and non-Opec producers who have agreed to restrict their output over the next six months need to demonstrate that they are being implemented in order for their initiative to stabilise oil prices.

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.

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