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2019-03-11 11:50:00

SAUDIS OIL PRODUCTION 10.1 MBD

SAUDIS OIL PRODUCTION 10.1 MBD

PLATTS - Saudi Arabia produced 10.1 million b/d of crude oil in February, well below its quota under an OPEC/non-OPEC supply accord of 10.31 million b/d, an official in the kingdom told S&P Global Platts on Friday.

"March will be lower," the official added.

Saudi energy minister Khalid al-Falih said last month that March production would fall to 9.8 million b/d, with exports at 6.9 million b/d.

OPEC…

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Earlier:

SAUDIS OIL PRODUCTION 10.1 MBD
2019, March, 7, 11:30:00

SAUDIS RENEWABLE INVESTMENT $80 BLN

The Saudi plan to expand in the renewable energy sector and diversify partnerships with progressive countries in the field is moving forward.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 27, 09:50:00

РЫНОК НЕФТИ СТАБИЛЕН

МИНЭНЕРГО РОССИИ - “Сегодня мы видим на рынке более-менее спокойную, стабильную ситуацию, невысокую волатильность и более-менее приемлемые цены, которые устраивают и экспортеров, и потребителей. Мы считаем, что благодаря сделке, в первую очередь, достигнута такая стабильность”, - подчеркнул Александр Новак.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 27, 09:45:00

OIL MARKET BALANCE

Abu Dhabi: Energy Minister Suhail Al Mazroui said the oil market is on the “right track” and that the market will quickly return to balance in the first quarter of this year.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 25, 11:40:00

ARAMCO - NORINCO AGREEMENT $10 BLN

OGJ - Saudi Aramco has signed a $10-billion agreement to form a joint venture with China North Industries Group Corp. (Norinco) and Panjin Sincen to develop a fully integrated, grassroots refining and petrochemical complex in Panjin, in China’s Liaoning province.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 20, 11:45:00

RUSSIA, SAUDI ARABIA COOPERATION

PLATTS - Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz confirmed they are ready to continue cooperation on hydrocarbons during a phone call Tuesday, the Kremlin said in a statement.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 18, 11:40:00

SAUDIS INVESTMENT FOR PAKISTAN: $20 BLN

REUTERS - Saudi Arabia has signed an agreement to supply Pakistan with crude oil and petroleum products to secure its fuel needs, Saudi Energy Minister Khalid al-Falih said

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 15, 12:00:00

OPEC REMAINS HARD

PLATTS - "Our primary objective is to ensure that the oil market remains in balance throughout 2019 and beyond in order to build on the success of the past couple of years," added Barkindo.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 13, 12:15:00

OPEC OIL PRODUCTION 30.81 MBD

PLATTS - OPEC has painted a bearish picture for 2019, with demand for its crude oil expected to fall due to weak demand growth and a sharp rise in output from producers outside the group.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 13, 12:10:00

OPEC ISN'T A CARTEL

REUTERS - OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of fixing oil prices, when asked on Monday to comment on a U.S. House committee passing a bill targeting OPEC oil supply cuts.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 8, 12:10:00

OPEC PRODUCTION DOWN 970 TBD

PLATTS - OPEC pumped the fewest barrels since March 2015 in January, with crude output plunging to 30.86 million b/d, a fall of 970,000 b/d from December as new supply quotas went into force, according to an S&P Global Platts survey of industry officials, analysts and shipping data.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, February, 4, 10:00:00

SAUDI ARABIA ECONOMY UP 2.2%

REUTERS - Saudi Arabia’s economy grew at a pace of 2.21 percent in 2018, buoyed by strong oil sector growth and recovering from a contraction in 2017 when the economy was hurt by weak oil prices and austerity measures, government data showed on Thursday.

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Tags: SAUDI ARABIA, OIL, PRODUCTION

Chronicle:

SAUDIS OIL PRODUCTION 10.1 MBD
2019, March, 20, 10:50:00

ИНВЕСТИЦИОННЫЕ ПРОЕКТЫ ГАЗПРОМА

Совет директоров ПАО «Газпром» одобрил проводимую компанией работу по реализации крупнейших инвестиционных проектов. В числе приоритетных направлений деятельности компании — Восточная газовая программа.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, March, 20, 10:45:00

РУССКИЙ ГАЗ ДЛЯ СЕРБИИ

В 2018 году «Газпром» поставил в Сербию 2,15 млрд куб. м газа — на 1,2% больше чем в 2017 году (2,12 млрд куб. м).

SAUDIS OIL PRODUCTION 10.1 MBD
2019, March, 20, 10:40:00

EUROPE'S GAS SECURITY

IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.

SAUDIS OIL PRODUCTION 10.1 MBD
2019, March, 20, 10:35:00

S.KOREA'S LNG WILL UP

The South Korean government Tuesday gave its final approval to lower taxes on LNG used for power production by 75%, and raise those on thermal coal by 28% from April 1, in a move likely to boost downstream gas consumption.

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