2018-02-16 23:30:00
SAUDIS - RUSSIA AGREEMENT
FT - Crude producers led by Saudi Arabia and Russia will aim to draft an agreement to formalise their partnership for oil market co-operation by the end of 2018, the UAE's energy minister said.
Opec countries and allies outside of the cartel joined forces in 2017 to curb production and bolster the oil market after a three-year downturn. The 24 nations have pledged to reduce output by 1.8m barrels a day.
Oil officials have said in recent months they sought to institutionalise this alliance beyond the end of 2018 when the current cuts deal expires, but they have not given further details.
Suhail al-Mazrouei, Opec president, told the local National newspaper on Thursday that the charter for the broader group is currently "a work in progress".
He did not elaborate on the nature of the partnership, its purpose or its obligations, but its creation underlines the severity of the recent price crash on oil-rich economies and the need to prevent further falls.
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Earlier:
2018, February, 14, 10:10:00
RUSSIA - OPEC RELATIONSHIPPLATTS - "We understand that global demand for oil will continue to grow rapidly and this demand will need to be met, so we will likely need to work together, including on upstream technology and joint projects to meet this growing demand," Novak said.
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2018, January, 24, 12:15:00
СОГЛАШЕНИЕ ВЫПОЛНЕНО НА 107%МИНЭНЕРГО РОССИИ - АЛЕКСАНДР НОВАК: СОГЛАШЕНИЕ ОПЕК+ ПО ИТОГАМ 2017 ГОДА ВЫПОЛНЕНО НА 107%
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2017, December, 29, 11:35:00
OPEC'S TRIUMPHPLATTS - The issuance of a combined 2.8 million b/d cap on formerly exempt members Libya and Nigeria at the organization's November 30 meeting means that OPEC as a whole now has a notional collective ceiling of 32.74 million b/d, when all the members' quotas are added up. From January-November, compliance was 108% according to S&P Global Platts, one of the six secondary sources used by the organization to monitor output.
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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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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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2017, December, 1, 13:00:00
СОГЛАШЕНИЕ: МЕНЬШЕ НЕФТИМИНЭНЕРГО РОССИИ - «Мы успешно и конструктивно провели переговоры по продлению сделки. Мы удовлетворены результатами балансировки рынка, сокращением излишков нефти и нефтепродуктов, снижением волатильности цен, а также возврату инвестиционной активности в отрасли. В тоже время мы также единодушно подтвердили то, что мы находимся лишь в середине пути, и для того, чтобы достичь окончательной цели по балансировке рынка, нам нужно продолжить совместные усилия».
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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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October, 18, 08:00:00 |
ТРАГЕДИЯ В КЕРЧИ |
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October, 17, 10:35:00 |
OIL PRICE: ABOVE $81 ANEW |
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October, 17, 10:30:00 |
СОТРУДНИЧЕСТВО ИРАНА И РОССИИ |
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October, 17, 10:25:00 |
ЦЕНА URALS: $81.10625 |
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October, 17, 10:20:00 |
INDIA'S PIVOTAL IMPORTANCE |
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October, 17, 10:15:00 |
INDIA NEEDS OIL |
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Chronicle:
2018, October, 17, 10:10:00
SAUDI - INDIA'S DOWNSTREAM
MEOG - Judaimi highlighted that the closer cooperation between Saudi Aramco and Indian energy entities is reflected in the partnership with RRPCL and ADNOC on the Ratnagiri mega-refinery and petrochemicals complex in Maharashta this year. He noted that nearly $2 billion in material-service sourcing with Indian companies to date; and the opening of the Aramco Asia India office in 2017.
2018, October, 17, 10:05:00
U.S. IN EUROPE
REUTERS - The United States must not determine European energy policy or decide whether Germany buys Russian gas, a top German diplomat said on Tuesday.
2018, October, 17, 10:00:00
TOTAL IN RUSSIA: THE LARGEST
FT - “Total has great ambition in this country, we want to be the largest foreign oil and gas player here,” the company’s chief executive Patrick Pouyanné said on Monday at the launch of a factory outside Moscow.
2018, October, 17, 09:55:00
PETROBRAS - CNPC COOPERATION
PLATTS - Petrobras is to form two joint venture companies with China National Petroleum Corp. (CNPC) to complete construction of a refinery and revitalize four mature fields in the offshore Campos Basin, the state-owned Brazilian company said
