W.Asia
2020, February, 10, 10:40:00
IRAN SUPPORTS OPEC
Iran’s support for any output reduction agreed by a majority of OPEC member states
2020, February, 10, 10:35:00
IRAN'S OIL DEVELOPMENT: $1.3 BLN
"The contract core sum is $876 million and with its side costs the investment will reach $1.3 billion," Zanganeh said.
2020, February, 7, 11:05:00
OPEC+ : 600 TBD
The Russian delay is sure to frustrate OPEC kingpin Saudi Arabia, which had called for the collective to immediately implement deeper cuts of 500,000 b/d or more amid the sell-off in crude prices.
2020, February, 7, 10:55:00
EU, TURKEY SANCTIONS
The EU has agreed to sanctions against two officials from Turkey’s state petroleum company.
2020, February, 5, 11:20:00
RUSSIA, SAUDI ARABIA READINESS
Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz "thoroughly discussed" the current oil market conditions as prices have fallen by more than 20% in the past three weeks amid global oil demand concerns, a Kremlin statement said late Monday.
2020, February, 5, 10:40:00
ENI, BAHRAIN ENERGY COOPERATION
In accordance with Bahrain’s national energy plan, renewable energy will be an area of particular interest in order to consider potential business opportunities. In the LNG sector, the collaboration will target a more sustainable and efficient energy mix to meet Bahrain’s future energy needs. Eni’s unique know-how and expertise will also be leveraged to evaluate further exploration opportunities.
2020, February, 3, 12:15:00
SAUDI ARABIA'S OIL PRODUCTION 9.744 MBD
Saudi Arabia over-complied with its quota of 10.31 million b/d last year under the old agreement with the 23-member OPEC/non-OPEC coalition, collectively known as OPEC+, as the country made up for laggards Iraq and Nigeria, which flouted their quotas for most of last year.
2020, February, 3, 11:45:00
IRAQ'S OIL EXPORTS DOWN 3.5%
Iraq's federal exports averaged 3.3 million b/d, compared with 3.43 million b/d in December, the oil ministry said in a statement on Saturday. The January figure is 420,000 b/d lower than the all-time high of 3.726 million b/d reached in December 2018.
2020, February, 3, 11:40:00
UAE GAS WILL UP
"ADNOC will deploy capital, technology, and expertise to develop and produce shallow gas resources and conduct further exploration to assess further volumes and firm up development costs," it said Monday in a statement.
2020, January, 31, 12:20:00
SAUDI'S OIL FOR CHINA UP 47%
The big annual boost in Saudi shipments followed a new marketing strategy by state-run Aramco, which signed at least two new supply pacts with private refiners in China that came into the market from late 2018. Previously, Saudi Aramco had only dealt with China’s state refiners in long-term contracts.
2020, January, 31, 12:15:00
U.S., IRAN SANCTIONS UPDOWN
The potential that the waivers would lapse has raised concerns since 2019 that state-owned Russian nuclear company Rosatom, which does work for Iran's civilian nuclear program but also supplies a fifth of US enriched uranium, could be sanctioned, disrupting the supply of nuclear fuel to US utilities.
2020, January, 31, 11:35:00
TURKEY'S GAS IMPORTS DOWN 17%
Turkey's total gas consumption decreased by 15.8% to approximately 3.44 bcm in November 2019, from around 4.09 bcm in November 2018.
2020, January, 29, 13:29:00
TURKSTREAM: THE FIRST BILLION
Gazprom supplied its first billion cubic meters of gas via the TurkStream gas pipeline.
2020, January, 29, 12:35:00
UAE INVESTMENT FOR KAZAKHSTAN: $2 BLN
"The UAE is currently investing over US$ 2 billion in Kazakhstan, which makes it one of the top sources for Foreign Direct Investments."
2020, January, 27, 14:55:00
U.S., DUBAI, HONG CONG, CHINA SANCTIONS
The US State Department on Thursday set sanctions against companies in Dubai, Hong Kong, and Shanghai,