PLATTS - OPEC in March tightened the oil market considerably, slashing 570,000 b/d from its February output level, as Saudi Arabia continued to implement production cuts and Venezuela suffered from extensive power outages on top of US sanctions, an S&P Global Platts survey found.

REUTERS - Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday.

“Убежден, что результатами нашей совместной работы станут не только успешная реализация имеющихся российско-турецких проектов и увеличение двустороннего товарооборота, но и развитие новых направлений сотрудничества”, - подчеркнул Александр Новак.

Our unrelenting attention is on minimising costs, enhancing our operational efficiency, and maximising margins to ensure we thrive in the new multi-layered energy landscape.

Kuwait's growth has resumed, and the current account rebounded thanks to higher oil prices. Hydrocarbon output rose by 1.2 percent in 2018 after contracting a year earlier. Buoyed by a rebound in confidence and government spending, non-oil growth has accelerated to 2.5 percent.

«Отношения между Россией и Ираном планомерно развиваются. Мы последовательно проводим курс руководства наших стран на комплексное расширение российско-иранского сотрудничества. Работаем над укреплением нормативно-правовой базы, реализацией ключевых инвестиционных проектов. Успешно взаимодействуем с нашими иранскими друзьями в многостороннем формате, прежде всего в рамках реализации договоренностей ОПЕК+, по линии ФСЭГ», - сказал российский Министр.

“Россия как один из крупнейших поставщиков нефтепродуктов и угля в Ливан и в дальнейшем готова обеспечивать поставки энергоресурсов соответственно спросу. Значительный потенциал российско-ливанского взаимодействия в энергетике, в частности, сконцентрирован в нефтегазовом секторе”, - отметил глава Минэнерго России.

Mr. Abdul-Mahdi gave high appraisal of LUKOIL's operations in the country and expressed support for the intention to deliver first production at Eridu field ahead of time.

DS - Turkey's monthly liquefied natural gas (LNG) imports reached a historic record high at 2.34 billion cubic meters (bcm) in January 2019, according to Turkey's Energy Market Regulatory Authority (EMRA) data.

Saudi Arabia plans to issue 118 billion riyals ($31.5 billion) in debt this year to help finance the national budget deficit, the country’s Debt Management Office (DMO), part of the ministry of finance, said.

Aramco generated earnings before interest, tax and depreciation (EBITDA) of $224 billion in 2018, Fitch said on Monday, surpassing ExxonMobil, the world’s largest listed oil firm.

Saudi Aramco announced the signing of a share purchase agreement to acquire a 70% majority stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia, in a private transaction for $69.1bn.

The new facility will be used for large scale fabrication of offshore platforms and onshore/offshore modules.

China's crude oil imports from Saudi Arabia surged 28.5% year on year to 1.56 million b/d in February, surpassing Russia to become the top crude supplier in the month, latest data from the General Administration of Customs showed.

Aramco’s gas expansion strategy needs $150 billion of investment over the next decade as the company plans to increase output and later become a gas exporter, Nasser had said in November.