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News // Поиск по тегу 'saudi arabia'

Non-OPEC cutback participant Russia sees oil at $40/bbl heading into 2018

Russia said that it sees Urals at an average of $50 per barrel this year, but falling to $40 at the end of 2017 and staying near that level until 2019.

27 March 2017 , 17:39Neftegaz.RU0

Saudi retains top oil supplier to China despite yr/yr drop

Saudi Arabia maintained its spot as China's top oil supplier in February.

23 March 2017 , 14:10Neftegaz.RU0

Russia remained the world’s top oil producer in January

Russia remained the world’s largest oil producer in January, according to new statistics.

22 March 2017 , 16:07Neftegaz.RU0

IEA: Oil production rising, demand slowing in 2017

The growing consensus that the OPEC oil cutback initiative isn't working has been met by OPEC members insisting that their efforts combined with rising demand will result in a market rebalance.

17 March 2017 , 14:35Neftegaz.RU0

India’s oil imports from Iran trebled in February

The latest shipping figures show that India’s imports of crude oil from Iran in February increased by about 3 times.

17 March 2017 , 12:14Neftegaz.RU0

Lukoil calls for more oil cuts

Vagit Alekperov is encouraging OPEC and non-OPEC countries to extend their oil production cuts to help prop prices.

17 March 2017 , 10:11Neftegaz.RU0

Wärtsilä to supply 38 MW power plant to Saudi Arabia

The technology group Wärtsilä will supply a 38 MW power plant to a Saudi Arabian customer.

15 March 2017 , 15:24Neftegaz.RU0

Rosneft says oil production cuts may not be extended

Rosneft sees a lack of will among the main signatories to the OPEC/non-OPEC deal and U.S. shale production as the main risks to a possible extension of the global supply cut deal.

14 March 2017 , 17:29Neftegaz.RU0

Saudi/Russian vow to fortify oil cutbacks undercut by Iraq promising production hike to 5 mln bpd

Saudi Arabia and Russia presented a united front on compliance - only to have the rug pulled out from under them by Iraq boasting that it will be able to produce 5 mln barrels per day (bpd) by the 2nd half of this year.

09 March 2017 , 18:00Neftegaz.RU0

Saudi Arabia is all set for the world's biggest IPO

Saudi Arabia is aiming to sell 5 % of Saudi Aramco. The share sale would be worth $100 bln, 4 times the world's biggest IPO of Alibaba.

06 March 2017 , 15:21Neftegaz.RU0

Saudis and Angola overtake Russia in January exports to China

Saudi Arabia has regained its position as top oil supplier to China in January, overtaking Russia which was last year’s biggest supplier to China after having pushed the Saudis from the top spot.

27 February 2017 , 10:38Neftegaz.RU0

Siemens to supply five large gas turbines to Saudi Arabia

Siemens has received an order for five F-class gas turbines for a combined heat and power (CHP) plant in the Kingdom of Saudi Arabia. 

23 February 2017 , 21:09Neftegaz.RU0

Petrofac is hoping to make headway in Russia and swings into the green in 2016

Petrofac swung to a profit last year as project activity picked up pace in the 2nd half, signalling a market rebound with new opportunities in downstream.

23 February 2017 , 12:10Neftegaz.RU0

Saudis lose South Korea oil market share to Iran as Iraq accelerates its own export plans

How much patience Saudi Arabia will have for other OPEC members not pulling their weight under the cartel's oil cutback agreement has taken on with news that the kingdom is losing a share of South Korea's oil market to Iran.

20 February 2017 , 15:23Neftegaz.RU0

China boosts russian oil imports as Brent/Dubai spread shrinks

China’s independent refiners, the so-called teapots, are importing Russia’s Urals grade with the drop in the Brent/Middle East spreads.

15 February 2017 , 18:00Tsvetana ParaskovaNeftegaz.RU0

Is the Kremlin funding a campaign that undermines U.S. fracking?

The recent National Intelligence Council report assessing the involvement of Russia in last year’s U.S. presidential elections spurred a flurry of media reports suggesting that Russia is heavily involved in anti-fracking campaigning. Some authors interpreted this involvement as a propaganda effort, while others claimed the Kremlin was financially backing anti-fracking groups in the U.S., without, however, providing any evidence for this claim.

06 February 2017 , 00:06Irina SlavNeftegaz.RU0

Engie wins EPC contract for $1.2 bln in Saudi Arabia

Engie said it has been awarded the contract, and achieved financial closing, for the greenfield co-generation Fadhili independent power project (IPP) in eastern Saudi Arabia.

30 January 2017 , 18:00Neftegaz.RU0

Saudi Arabia will not reduce its oil exports to Japan despite the OPEC cut agreement

Crude oil shipments to Japan from its biggest supplier, Saudi Arabia, won’t be impacted by the agreement between OPEC and non-OPEC countries to cut output.

27 January 2017 , 18:00Neftegaz.RU0

Trump's America energy 1st plan greeted politely by OPEC and Russia

Trump has reiterated his vow to make America energy independent by releasing an America 1st Energy Plan whose highlights include taking advantage of the country's estimated $50 trln in untapped shale, oil, and natural gas reserves.

25 January 2017 , 12:11Neftegaz.RU0

Energy Minister Novak: Russia has reduced oil production by 100,000 bpd

Russia lowered its oil output in the wake of a landmark deal struck in November by the OPEC to spur prices through reduced production.

23 January 2017 , 10:37Neftegaz.RU0

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