SAUDI - IRAQI TALKS
AOG - Saudi Arabia's Energy Minister Khalid al-Falih has said that the recent talks with his Iraqi counterpart stressed the need to strengthen commitment to a OPEC-led agreement to reduce crude output.
"The talks... came out with an agreement in the vision between the two countries aimed at ensuring the stability of world oil markets and consolidating the gains made in the recent period," Falih has reportedly said in a media statement.
The talks focusesd on "the need to intensify efforts to urge all parties to strengthen their commitment to the agreement to reduce production, to maintain the balance of global energy markets."
Falih, who is also Saudi Arabia's minister of industry and mineral resources, said the economic relationship between the two countries "will witness more cooperation in the field of trade exchange... and joint investments."
Iraqi oil minister Jabar Al Luaibi met with Saudi Crown Prince Mohammad bin Salman during his visit to Saudi Arabia last week, the statement from the kingdom's Energy Ministry said.
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Earlier:
2017, December, 20, 19:35:00
SAUDIS EXPECTS +12%BLOOMBERG - Saudi Arabia expects oil revenue to jump 12 percent next year in a sign the world’s biggest crude exporter expects prices to keep rising in 2018.
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2018, January, 15, 09:55:00
IRAQ'S OIL PRODUCTION: 5 MBDPLATTS - Iraq is nearing a production capacity of 5 million b/d, though it will comply with its quota under the OPEC production cut agreement, oil minister Jabbar al-Luaibi said.
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2017, December, 4, 23:10:00
SAUDI ARABIA - RUSSIA COMPROMISEREUTERS - The outcome represents a successful compromise between de facto OPEC leader Saudi Arabia (which wanted to announce an extension throughout 2018) and non-OPEC heavyweight Russia (which wanted to avoid giving such a long commitment).
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2018, January, 5, 23:40:00
IRAQI OIL TO CHINAPLATTS - China's crude oil imports from Iraq in November surged 47.2% on year and 58.8% on month to hit a record high of 4.21 million mt or an average 1.03 million b/d, making the Persian Gulf producer its third-largest supplier, data from China's General Administration of Customs showed.
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2017, December, 1, 12:55:00
SAUDIS & RUSSIA LEADERSHIPPLATTS - Saudi Arabia reasserted its leadership of the oil market Thursday after brokering its desired extension of output cuts with OPEC and non-OPEC partners through to the end of 2018. The deal -- agreed after nearly nine hours of negotiations in Vienna -- kept its new ally Russia onside and prevented a sell-off that many analysts had feared.
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2018, January, 3, 15:40:00
IRAQ'S OIL EXPORT UP TO 3.535 MBDPLATTS - Federal crude oil exports from Iraq's southern Persian Gulf terminals edged up in December to reach a new record high, averaging 3.535 million b/d, up 33,000 b/d from in November, the latest data from the oil ministry showed.
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2017, November, 24, 09:15:00
SAUDI'S OIL FOR CHINABLOOMBERG - As Saudi Arabia led OPEC’s output cuts this year to shrink a global glut, it’s lost out on market share in the world’s biggest energy consumer. Russia in September retained the top Chinese supplier spot for the seventh straight month, while the kingdom was third.
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2017, December, 8, 17:45:00
ОТНОШЕНИЯ ИРАКА И РОССИИМИНЭНЕРГО РОССИИ - Министр энергетики Российской Федерации Александр Новак принял участие в официальной церемонии запуска газоперерабатывающего завода на месторождении «Бадра».
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2017, November, 3, 12:20:00
СОТРУДНИЧЕСТВО РОССИИ И САУДОВСКОЙ АРАВИИПо линии энергетики Министр отметил потенциал сотрудничества по вопросам совместной разработки нефтяных и газовых месторождений на территории России и Саудовской Аравии, производства нефтегазового оборудования, разработки и внедрения современных технологий в области нефтегазодобычи, а также подготовки кадров для топливно-энергетического сектора Саудовской Аравии.
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2017, December, 8, 17:40:00
ПРИОРИТЕТЫ ИРАКА И РОССИИМИНЭНЕРГО РОССИИ - Александр Новак подчеркнул, что одним из приоритетных направлений сотрудничества России и Ирака является кооперация в нефтегазовом секторе, где у стран много общих интересов и наработанного опыта.
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2017, October, 30, 11:40:00
SAUDIS PROGRESSIMF - Saudi Arabia had made good progress in initiating its ambitious reform agenda. Fiscal consolidation efforts are beginning to bear fruit. Progress with reforms to improve the business environment are gaining momentum, and a framework to increase the transparency and accountability of government is in place.
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2017, December, 6, 12:30:00
СОТРУДНИЧЕСТВО ИРАКА И РОССИИМИНЭНЕРГО РОССИИ - Александр Новак подчеркнул, что одним из приоритетных направлений сотрудничества России и Ирака является кооперация в нефтегазовом секторе, где у стран много общих интересов и наработанного опыта. |
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2017, October, 16, 11:45:00
SAUDI'S BANKS ARE BETTERBut we expect a rise in the sector's NPL ratio and muted credit demand in the second half of 2017 and 2018, reflecting the slowing economy. GDP growth slowed to 1.4% in 2016 from 3.4% in 2015 and we expect it to be below 1% in 2017 and 2018.
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2017, September, 22, 08:50:00
RUSSIA - KURDISTAN INVESTMENTInstead, with the planned referendum just days away, Russian state oil giant Rosneft announced its latest investment last week, to help Iraqi Kurdistan develop its natural gas industry, for domestic supplies and eventual export.
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