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W.Asia

W.Asia
2019, July, 20, 13:20:00
RUSSIA, SAUDI ARABIA ENERGY PROJECTS
Russian and Saudi Arabian companies are considering expanding existing energy cooperation to include new joint oil and gas, petchems and nuclear projects,
W.Asia
2019, July, 20, 13:10:00
IRAN'S NUCLEAR LIMITS
European signatories to the Iran nuclear deal do not see Tehran's recent moves reducing compliance as significant and do not intend "for now" to trigger the agreement's dispute mechanism
W.Asia
2019, July, 20, 11:50:00
SAUDI ARABIA GDP UP 1.9%
Saudi Arabia's real non-oil growth is expected to strengthen to 2.9 percent in 2019 as government spending and confidence increase, but real GDP growth is projected to slow to 1.9 percent as real oil growth slows to 0.7 percent with the implementation of the OPEC+ agreement.
W.Asia
2019, July, 20, 11:40:00
ALFANAR RENEWABLE INVESTMENT TO BRITAIN £1 BLN
The Alfanar Group, one of Saudi Arabia’s largest industrial conglomerates, has announced that it will set up a renewable energy office in the UK, through its subsidiary ‘Alfanar Energy UK Ltd.’ The new subsidiary will be headquartered in London, tapping into the UK’s highly skilled workforce and creating up to 30 jobs.
W.Asia
2019, July, 12, 08:15:00
ADNOC, RUSSIA INVESTMENT
ADNOC Group CEO Dr. Sultan Al Jaber met with Russian Energy Minister Alexander Novak in Moscow as ADNOC looks to expand its partnership and investment base.
W.Asia
2019, July, 12, 07:50:00
SAUDI ARAMCO, MCDERMOTT CONTRACT $4.5 BLN
McDermott has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Aramco worth more than $4.5bn for the Marjan Increment Programme.
W.Asia
2019, July, 12, 07:45:00
SAUDI ARAMCO, SAIPEM CONTRACT $3.5 BLN
As part of its larger increment programmes for Marjan and Berri, Saudi Aramco has awarded Saipem two EPCI contracts worth more than $3.5bn.
W.Asia
2019, July, 9, 17:05:00
TURKEY, RUSSIA STRATEGIC PARTNERSHIP
The natural gas pipeline project TurkStream, which will carry Russian gas to Turkey and Europe, as well as Turkey's first nuclear power Akkuyu, currently under construction by the Russian firm Rosatom, are two prominent strategic projects.
W.Asia
2019, July, 9, 16:35:00
SAUDI ARAMCO CONTRACTS $18 BLN
Saudi Aramco has awarded 34 contracts with a total value of $18 billion for the engineering, procurement and construction of the Marjan and Berri increment programs. The company plans to boost the Marjan and Berri fields’ production capacity by 550,000 barrels per day of Arabian Crude Oil and 2.5 billion standard cubic feet a day (BSCFD) of gas.
W.Asia
2019, July, 8, 13:00:00
OPEC OIL PRODUCTION DOWN ANEW
The 14-member OPEC pumped 29.60 million barrels per day (bpd) last month, the survey showed, down 170,000 bpd from May’s revised figure and the lowest OPEC total since 2014.
W.Asia
2019, July, 8, 12:55:00
ARABIAN OIL DEMAND UP
OPEC+, as the enlarged group has come to be known, also sealed a long-term cooperation agreement “the Charter of Cooperation,” which aims to bring the 24 oil producing countries together to promote stability to a market that has been characterized by intense volatility in recent months.
W.Asia
2019, July, 8, 12:50:00
IRAN IS THE GUARANTOR
“Iran is the biggest guarantor of energy stability and security in the region while the US is the biggest de-stabilizing force in the world’s energy sector.”
W.Asia
2019, July, 8, 12:45:00
IRAN'S NUCLEAR WILL UP
Iran said on Sunday it will shortly boost its uranium enrichment above a cap set by a landmark 2015 nuclear deal, prompting a warning ‘to be careful’ from U.S. President Donald Trump, who has pressured Tehran to renegotiate the pact.
W.Asia
2019, July, 5, 11:35:00
U.S., BRITAIN IRAN SANCTIONS
British Royal Marines seized a giant Iranian oil tanker in Gibraltar on Thursday for trying to take oil to Syria in violation of EU sanctions, a dramatic step that drew Tehran’s fury and could escalate its confrontation with the West.
СТРАТЕГИЯ ОПЕК+
2019, July, 4, 16:45:00
СТРАТЕГИЯ ОПЕК+
“Что особо важно: мы договорились постоянно мониторить ситуацию. Если появятся какие-либо угрозы для рынка, мы в любой момент можем собраться и решить, что необходимо делать. При угрозе дефицита, к примеру, мы можем вынести решение об увеличении производства”, - подчеркнул Александр Новак.