W.Asia
2020, December, 1, 13:25:00
OPEC: OIL DEMAND GROWTH 6.1 MBD: 2021
Next year, the global economy is forecast to return to growth, expanding by an estimated at 4.4%, and oil demand growth is expected to be high, in the tune of 6.1 mb/d.
2020, December, 1, 13:05:00
MIDDLE EAST ENERGY TRANSITION
85pc of issuers and investors in the Middle East to reallocate capital towards green financing goals by 2025.
2020, November, 30, 12:00:00
OPEC+ RUSSIA CONSENSUS
Saudi Arabia and Russia had invited ministers on the nine-country monitoring committee that they co-chair to informal discussions to hash out positions ahead of the official meeting.
2020, November, 30, 11:55:00
OPEC+ RUSSIA EXTENSION
The fact that US shale is not recovering strongly is further cause for Russia to continue to support ongoing cooperation within OPEC+.
2020, November, 30, 11:40:00
SAUDI ARABIA, UAE DIGITAL CURRENCY
In a joint statement the Central Bank of the United Arab Emirates (CBUAE) and the Saudi Central Bank (SAMA) launched the ‘Aber’ project, which seeks to evaluate the feasibility of issuing a digital currency for use between the two central banks.
2020, November, 27, 11:55:00
РОССИЯ - ИРАК: ИНВЕСТИЦИИ $10 МЛРД.
«В результате многолетнего сотрудничества России и Ирака совокупный объём инвестиций российских компаний в развитие иракских нефтяных месторождений превысил $10 млрд», – сообщил Николай Шульгинов.
2020, November, 27, 11:30:00
SAUDI ARABIA'S CARBON CONCEPTION
The circular carbon economy concept has been endorsed by G20 member states but has yet to be put into practice, and the kingdom has not revealed any timelines or targets associated with the plan.
2020, November, 25, 11:50:00
TURKEY'S RENEWABLES UP
In April, Turkey's power production from local and renewable sources was at the level of 80%, Dönmez said, adding that these numbers indicate records on a monthly basis since 2000.
2020, November, 24, 12:40:00
ADNOC, UAE OIL INVESTMENT $122 BLN
At the meeting, the SPC approved ADNOC’s capital expenditure (CAPEX) plan of AED 448 billion ($122 billion) for 2021-2025 to enable smart growth.
2020, November, 20, 13:30:00
SAUDI ARABIA, RUSSIA OIL FOR CHINA
Saudi Arabia was catching up with Russia which has exported about 1.7 million bpd of oil to China so far in 2020, with Iraq at a third place with about 1.2 million bpd.
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, 14:20:00
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, 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, 14:25:00
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, 14:15:00
TAP GAS PIPELINE STARTING
In December 2019, Turkey and Azerbaijan formally inaugurated the US$6.5bn Trans-Anatolian Natural Gas Pipeline (TANAP) gas interconnector.
