2018, August, 24, 11:25:00SAUDI ARAMCO IPO
ARAB NEWS - The Government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum. This timing will depend on multiple factors, including favorable market conditions, and a downstream acquisition which the Company will pursue in the next few months, as directed by its Board of Directors.
2018, August, 20, 14:15:00SAUDI ARAMCO: THE GLOBAL LEADER
SAUDI ARAMCO - 2017 highlights: Produced an average of 10.2 million barrels per day of crude oil including condensate Increased amount of natural gas supplied for fourth straight year, to an average of 8.7 billion standard cubic feet per day Crude oil exports averaged 6.9 million barrels per day
2018, August, 20, 14:10:00TOTAL LEFT IRAN
ARAB NEWS - “Total has officially left the agreement for the development of phase 11 of South Pars (gas field). It has been more than two months that it announced that it would leave the contract,” he told the ICANA news agency, which is linked to the oil ministry.
2018, August, 15, 10:40:00RUSSIAN NUCLEAR IN EURASIA
WNN - Rusatom International Network - a subsidiary of Russian state nuclear corporation Rosatom - has signed a memorandum of understanding and cooperation with the Eurasian Development Bank (EDB). The memorandum provides for establishing common principles of bilateral cooperation with Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and other countries.
2018, August, 10, 10:35:00IRAN VS OPEC QUOTAS
PLATTS - Saudi Arabia pumped 10.63 million b/d in July, according to the latest S&P Global Platts OPEC survey, far above its quota of 10.06 million b/d, though kingdom officials say their July output was 10.29 million b/d. Russia produced 11.22 million b/d in July, according to official data, basically erasing its 300,000 b/d pledged cut.
2018, August, 10, 10:25:00SWITZERLAND - IRAN SANCTIONS
REUTERS - “U.S. decisions on sanctions do not affect the legal situation in Switzerland with regard to Iran,” said Fabian Maienfisch of the State Secretariat for Economic Affairs (SECO).
2018, August, 10, 10:20:00IRAQI OIL PRODUCTION: 4.46 MBD
PLATTS - Iraqi crude oil production hit its highest in 13 months in July of 4.46 million b/d, the country's State Oil Marketing Organization said Thursday.
2018, August, 10, 10:15:00ADNOC - JAPAN RELATIONSHIP
OG.COM - “For more than four decades, the UAE and Japan have enjoyed a deep rooted and successful strategic relationship, underpinned by long standing energy partnerships,” Dr Al Jaber said. “ADNOC is keen to further strengthen the relationship, deepen partnerships and seize growth opportunities along the full oil and gas value chain.
2018, August, 10, 10:05:00CHINA - TURKEY NUCLEAR
REUTERS - Turkey will build a third nuclear power plant in the Thrace region northwest of Istanbul, and will cooperate with China on the initiative, Energy Minister Fatih Donmez said on Wednesday.
2018, August, 6, 13:20:00IRANIAN GAS UP
SHANA - The CEO of Pars Oil and Gas Company (POGC) said Iran's natural gas production from the supergiant South Pars Gas Field will increase by 100 million cubic meters by the end of the current calendar year to Mach 2019.
2018, August, 3, 09:55:00SAUDIS OIL PRICES DOWN
BLOOMBERG - Saudi Aramco, as the state-owned company is known, cut pricing for September shipments of all grades to Asia, its largest market. Aramco set the premium for Arab Light crude to Asia at $1.20 a barrel above the Middle East benchmark, it said Thursday in an emailed price list. The reduction of 70 cents for Arab Light was the second consecutive monthly cut for the grade and was 10 cents deeper than the median estimate of five traders in a Bloomberg survey.
2018, August, 3, 09:50:00IRAQ'S OIL EXPORTS 3.5 MBD
PLATTS - Iraqi southern crude oil exports in July surged to a record high of 3.543 million b/d, data from the oil ministry showed Wednesday, despite OPEC's second largest oil producer facing major protests near its key oil assets.
2018, August, 3, 09:45:00KUWAIT OIL PRODUCTION 2.8 MBD
PLATTS - Kuwait's crude oil production currently stands at 2.8 million b/d, the country's oil minister Bakheet al-Rashidi said Wednesday, up about 90,000 b/d from June levels.
2018, August, 1, 09:25:00IRANIAN OIL EXPORTS 2.3 MBD
SHANA - Iran exported an average of 2.3 million barrels per day of crude oil to Asian and European countries during the four months. This is while exports for last calendar year's corresponding period stood at 2.115 mbd.
2018, August, 1, 09:10:00SAUDIS NUCLEAR PROGRAMME
WNN - "The vision of Saudi Arabia 2030 considers nuclear energy as an important source to support stability and sustainable growth," Al Sultan said. "Deployment of nuclear energy aims for peaceful purposes, in a safe, secure and sustainable manner consistent with highest standards and best practices. The Kingdom of Saudi Arabia has requested the INIR mission to support this goal. It was a valuable tool to pinpoint areas of improvement and ensure that the required infrastructures are in place before signing the contract for building the first nuclear power plant in the Kingdom of Saudi Arabia."