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News // Поиск по тегу 'saudi arabia'

Russia’s Central Bank sticks to oil price forecasts

Еhe central bank of Russia has no plans to revise its current oil price estimates for the next 12 months despite the OPEC deal that saw international oil benchmarks pass the US$50 barrier and stay above it for a week now.

07 December 2016 , 10:07Irina SlavNeftegaz.RU0

OPEC has reportedly agreed a production cut — and oil is going wild

The price of oil is surging after reports that the oil producers cartel OPEC has agreed a deal to cut output.

30 November 2016 , 18:04Neftegaz.RU0

OPEC focusing Pre-Vienna diplomacy on Iran, Russia - which is holding firm on a production freeze, not cut

With only a few days to go before OPEC Vienna meeting to ratify its oil cutback deal, and amid disturbing developments such as Saudi Arabia saying it will not attend a pre-meeting of non-OPEC members.

28 November 2016 , 11:03Neftegaz.RU0

Maduro: Venezuela has the OPEC deal in the bag

After earlier this week OPEC tabled the issue of Iran’s and Iraq’s participation in the OPEC deal until November 30, the markets might have thought there would be little jawboning left to do until that day. But not so fast.

25 November 2016 , 17:37Julianne GeigeNeftegaz.RU0

Saudi Aramco's novel technology to help find new oil fields

Saudi Aramco's Exploration and Petroleum Engineering Center achieved the industry's first trillion cell reservoir simulation run recently.

25 November 2016 , 13:00Neftegaz.RU0

Iran overtakes Saudi to becomes India's top crude oil supplier

For the first time ever, Iran has surpassed Saudi Arabia to become India's top crude oil supplier.

18 November 2016 , 16:04Neftegaz.RU0

Saudi Arabia and Russia to meet ahead of OPEC meeting

Saudi Arabia’s Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak are said to be heading to Qatar later this week for an unscheduled meeting, according to industry sources quoted by Reuters.

16 November 2016 , 18:00Tsvetana ParaskovaNeftegaz.RU0

Hyundai and Saudi Aramco sign contract for Uthmaniyah ethane recovery

Hyundai and Saudi Aramco have inked contracts for the company’s Uthmaniyah Ethane Deep Recovery Project.

16 November 2016 , 16:02Neftegaz.RU0

High drama in Vienna causes some observers to think Saudis are bent on quashing output deal

By most counts, the long-standing rivalry between Saudi Arabia and Iran flared up again at the worst possible time, reportedly during the recent meeting among OPEC that was intended to pave the way for ratification of an oil output reduction deal later this month.

08 November 2016 , 18:00Neftegaz.RU0

Hyundai Engineering wins contract worth $727 mln from Saudi Aramco

Hyundai Engineering & Construction obtained an order to build a gas treatment plant worth $727 million from Saudi Arabia’s state-run oil company Saudi Aramco.

28 October 2016 , 14:12Neftegaz.RU0

Saudi´s Al-Falih and Russia´s Novak discussed energy cooperation

Russia and Saudi Arabia have signed a joint memorandum of cooperation in the oil and gas sectors.

24 October 2016 , 10:21Neftegaz.RU0

Rosneft CEO Igor Sechin says Russia has potential to raise oil output

Russia could significantly increase oil production in the next 10 years up to an estimated 200 million metric tonnes of additional annual output.

20 October 2016 , 14:39Neftegaz.RU0

Saudi Arabia Drilling Academy opens

Supported and funded by private drilling companies, Saudi Arabia Drilling Academy (SADA) in Abqaiq is provided with logistic support by Saudi Aramco.

19 October 2016 , 16:01Neftegaz.RU0

Russia says 6-month oil output freeze most efficient

Freezing global crude oil production for 6 months with an option for an extension would be the most appropriate and efficient way to rebalance the market, said Russia’s Energy Minister Alexander Novak.

18 October 2016 , 10:08Tsvetana ParaskovaNeftegaz.RU0

Venezuela president about Russia and «new mechanism» for higher oil prices

The price of crude has recovered in the last days but the recent period of low oil prices has been deeply hurtful for producers like Venezuela who are heavily dependent on crude exports.

12 October 2016 , 14:26Neftegaz.RU0

Iran And Saudis: No freeze deal in Algeria, here's hoping for better luck in Vienna

Less than 24 hours before the freeze talks in Algeria get underway, Saudi Arabia and Iran have quashed any hopes for a deal to be made.

29 September 2016 , 12:00Neftegaz.RU0

Russia: Oil production freeze not essential

It's not essential to use artificial action on the energy market to correct the imbalance between supply and demand, Russia's energy minister said from Algeria.

27 September 2016 , 17:00Daniel J. GraeberNeftegaz.Ru0

Iran to attend key oil meeting in Algeria

Attending the 15th Ministerial Meeting of the International Energy Forum (IEF), Iranian oil minister will deliver a speech in the first session of the Forum.

26 September 2016 , 15:36Neftegaz.RU0

Russia's energy minister: No oil production cuts on table

Russia's energy minister said there are no proposals on the table to cut crude oil production, though a move to hold levels steady is under review.

23 September 2016 , 14:11Daniel J. Graeber0

Fire at Saudi Aramco’s Ras Tanura oil terminal injures 8 workers

8 people were injured after a blaze broke out at about 9 am today at a Saudi Aramco oil terminal.

20 September 2016 , 18:00Neftegaz.RU0

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