Saudi Aramco’s vision is to be the world’s pre-eminent integrated energy and chemicals company.

OPEC’s production of crude oil and other liquids is expected to decline to 32.8 million barrels per day (bpd) by 2024,

Iran will enrich uranium to 5% at its underground Fordow nuclear facility

В рамках ОПЕК+ Россия в октябре вышла на уровень сокращения добычи нефти в 211 тбс относительно уровня октября 2018. Об этом рассказал Министр энергетики Российской Федерации Александр Новак.

During the meeting held at ADNOC headquarters, the Council revealed the discovery of new hydrocarbon reserves estimated at 7 billion barrels of crude oil and 58 trillion standard cubic feet of conventional gas, putting the UAE in the sixth place in terms of global oil and gas reserves, with a total reserves of 105 billion barrels and 273 trillion cubic feet of conventional gas.

Saudi Aramco earned net income of $68.2 billion compared with $83.1 billion for the same period a year ago, it said in a statement posted on its website. The state company’s revenue slipped to $217 billion from $233 billion.

Bankers have told the Saudi government that investors will likely value the company at around $1.5 trillion, somewhat below the $2 trillion valuation by Saudi Crown Prince Mohammad Bin Salman when he first floated the idea of an IPO nearly four years ago.

In 2018 a total of 533 TWh of electricity generated in Asia was from nuclear power. This was 12% higher than the previous year, and 60% higher than in 2012. Nuclear generation in Asia now represents 21% of total electricity generation.

Saudi Aramco announced its intention to establish the Jazan Power Joint Venture. The JV will be 46% owned by Air Products, 25% by ACWA Power, 20% by Saudi Aramco and 9% by Air Products Qudra.

“What I intend to do, perhaps, is make a deal with an ExxonMobil or one of our great companies to go in there and do it properly … and spread out the wealth,” Trump said Sunday during a news conference about the U.S. special forces operation that led to the death of Islamic State leader Abu Bakr al-Baghdadi.

Механизм ОПЕК+ показал свою эффективность, но он не безгранично эффективен. То есть все равно есть лимит, сколько можно на себя взять и какие действия могут быть предприняты. Мы продолжаем мониторить ситуацию на предмет таких неопределенностей.

The US continues to talk with Saudi Arabia about the kingdom's plans to produce nuclear energy for power generation and is still discussing the possibility of Gulf countries importing US LNG, the outgoing US secretary of energy said on Saturday.

After threatening last week to increase the US tariff on imports of Turkish steel to 50%, President Donald Trump said Wednesday he had instructed the Department of the Treasury to lift all sanctions imposed on Turkey in light of a pause in the latter country's military operations in northeastern Syria -- but some saw the initial threat as hollow and of no major impact on Turkey-US steel trade flows.

Russian crude producer Lukoil is in talks with Saudi Aramco on potential joint projects outside Russia and Saudi Arabia, including some in Africa, CEO Vagit Alekperov said Wednesday on the sidelines of the Russia-Africa Summit in Sochi.

одну из ведущих ролей в наращивании российско-турецкого экономического взаимодействия продолжает играть энергетическая отрасль, подчеркнул Александр Новак. «Успешно продвигается реализация флагманских проектов: “Турецкий поток” и АЭС “Аккую”, подчеркнул Министр.