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2016-01-05 16:45:00

SAUDI-IRANIAN COMPETITION

SAUDI-IRANIAN COMPETITION

The rapid deterioration of relations between Iran and Saudi Arabia spells trouble for the energy market in general and for the development of Iran's gas industry in particular.

The immediate effects of the execution of the Shia cleric Sheikh Nimr al-Nimr in Saudi Arabia on 2 January and the subsequent torching of the Saudi embassy in Tehran will be felt in Syria and Yemen. In Syria, the two regional powers are already engaged in proxy warfare, with the Saudis working to secure the downfall of the Assad regime in Damascus and the Iranians to ensure its survival. In Yemen, Saudi forces are directly engaged in combatting the Iranian-backed Houthi forces who are in control of…

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Tags: SAUDI, IRAN, OIL, GAS
Chronicle:
SAUDI-IRANIAN COMPETITION
2021, April, 15, 13:09:00
MASTERING WIND POWER 23 – 30 June 2021
Mastering Wind Power LIVE ONLINE COURSE OVER 5 SESSIONS Commences: 23 June 2021 – 30 June 2021 (7 – 10 am)
SAUDI-IRANIAN COMPETITION
2021, April, 15, 13:05:00
U.S. OIL INVENTORIES DOWN 5.9 MB TO 492.4 MB
U.S. commercial crude oil inventories decreased by 5.9 million barrels to 492.4 million barrels.
SAUDI-IRANIAN COMPETITION
2021, April, 14, 12:19:58
OIL PRICE: ABOVE $64 STILL
Brent rose 85 cents, or 1.3%, to $64.52 a barrel. WTI added 82 cents, or 1.4%, to $61 a barrel.
SAUDI-IRANIAN COMPETITION
2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
SAUDI-IRANIAN COMPETITION
2021, April, 14, 12:10:00
U.S. OIL PRODUCTION WILL UP
Higher prices are buoying drillers’ confidence. Benchmark Nymex oil gained nearly 35% in the past four months after OPEC and its alliance cut production to strike a balance between demand and supply. The fossil fuel is also getting a bump as Covid-19 vaccinations progress and Americans travel again, boosting gasoline consumption.
SAUDI-IRANIAN COMPETITION
2021, April, 14, 12:05:00
EUROPE NEED €150 BLN PER YEAR
The financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current prices,
SAUDI-IRANIAN COMPETITION
2021, April, 14, 12:00:00
EUROPEAN WIND INVESTMENT $51 BLN
The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.
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