News
2020, November, 19, 14:30:00
RUSSIA, SAUDI ARABIA STRATEGIC PARTNERSHIP
The Kingdom remains Russia’s strategic partner. We are looking forward to a long-term partnership with Saudi Arabia on the Sputnik V vaccine.
2020, November, 19, 14:25:00
U.S. OIL INVENTORIES UP 0.8 MB TO 489.5 MB
U.S. commercial crude oil inventories increased by 0.8 million barrels to 489.5 million barrels
2020, November, 19, 14:20:00
U.S., IRAN SANCTIONS AGAIN
Iran's oil exports are already under intense US sanctions pressure, and recent moves by the Trump administration have been seen as an attempt to harden its policy ahead of a Joe Biden White House.
2020, November, 19, 14:15:00
EUROPEAN SHARES DOWN
The pan-European STOXX 600 was down 0.9% in morning session, with growth-sensitive oil and gas, banking, mining and travel sectors falling the most.
2020, November, 19, 14:10:00
AGING EUROPEAN NUCLEAR
The ageing reactor fleet across Europe is reaching its 40th year in many countries and decommissioning of these plants is inevitable.
2020, November, 19, 14:05:00
VIETNAM'S GAS UP
The Vietnamese oil and gas company PetroVietnam (PVN) has started producing gas from the Sao Vang-Dai Nguyet field off the country’s southern coast.
2020, November, 18, 14:40:00
OIL PRICE: NEAR $44 ANEW
Brent rose 22 cents, or 0.5%, to $43.97 a barrel . WTI climbed 6 cents, or 0.1%, to $41.49 a barrel.
2020, November, 18, 14:35:00
OPEC+: 101%
The Committee reviewed the crude oil production data for October 2020 and welcomed the positive performance in the overall conformity level for participating OPEC and non-OPEC Countries, at 101 per cent.
2020, November, 18, 14:30:00
U.S. OIL PRODUCTION WILL BE 10.6 MBD
By August production of crude oil had risen to 10.6 million b/d in the United States,
2020, November, 18, 14:25:00
UAE OIL PRODUCTION 2.4 MBD
The UAE produced 2.4 million b/d in October, according to secondary sources quoted in OPEC's November monthly oil report. The UAE's quota is 2.59 million b/d.
2020, November, 18, 14:20:00
U.S., S. KOREA OIL IMPORTS DOWN
South Korean refiners have sharply increased intakes of Middle East crude since May as they started to reduce imports of US grades due to expensive WTI compared with Dubai-linked Persian Gulf grades.
2020, November, 18, 14:15:00
TAP GAS PIPELINE STARTING
In December 2019, Turkey and Azerbaijan formally inaugurated the US$6.5bn Trans-Anatolian Natural Gas Pipeline (TANAP) gas interconnector.
2020, November, 18, 14:10:00
U.S. INDUSTRIAL PRODUCTION UP
Industrial production rose 1.1 percent in October.
2020, November, 18, 14:05:00
TC ENERGY, NLE INVESTMENT $1 BLN
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a definitive agreement which allows NLE to make an equity investment of up to $1 billion in the Keystone XL pipeline project.
2020, November, 18, 14:00:00
TOTAL, ADNOC CLIMATE COOPERATION
The agreement brings together the best-in-class in low carbon technologies from ADNOC and Total, and expands on the long-standing partnership and collaboration between the two leading energy producers across the full value chain.
