Thursday 27 July 2017
 
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Crude oil

Saudi Aramco logs record crude production in 2016

Saudi Aramco achieved a record high crude oil production of 10.5 million barrels per day in 2016, the world's leading integrated energy company said in its 2016 Annual Review. Amin H Nasser, president and CEO of Saudi Aramco s

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Saudi Aramco logs record crude production in 2016

Saudi Aramco achieved a record high crude oil production of 10.5 million barrels per day in 2016, the world's leading integrated energy company said in its 2016 Annual Review. Amin H Nasser, president and CEO of Saudi Aramco s

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Iraq's crude production rises to 4.632m bpd in July

Iraq's crude oil production in July rose to the highest level since January, as the country's supply slowly gets back on track despite low oil prices and a conflict with Islamic State militants. The Opec member pumped 4.63

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Kuwait oil output up to 1.5mbpd despite strike

Kuwait's crude oil production was 1.5 million barrels per day (bpd) on average despite an open-ended strike by Kuwaiti oil workers, an oil spokesman told state news agency Kuna on Tuesday. Thousands of Kuwaiti oil and gas work

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Saudi Aramco, Sabic mull joint oil refinery

Saudi Aramco and Saudi Basic Industries Corp (Sabic) are considering a new joint refinery in Yanbu on the Red Sea coast of Saudi Arabia to produce chemical products from crude oil, a report said. “This move is long overdue g

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Saudi Aramco, Sabic mull joint oil refinery

Saudi Aramco and Saudi Basic Industries Corp (Sabic) are considering a new joint refinery in Yanbu on the Red Sea coast of Saudi Arabia to produce chemical products from crude oil, a report said. “This move is long overdue g

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Saudi Aramco, Sabic mull joint oil refinery

Saudi Aramco and Saudi Basic Industries Corp (Sabic) are considering a new joint refinery in Yanbu on the Red Sea coast of Saudi Arabia to produce chemical products from crude oil, a report said. “This move is long overdue g

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Indonesia eyes Iran LPG deal, but not crude

Indonesia's Opec governor said on Monday a deal was imminent for importing Iranian condensate and liquefied petroleum gas, but not for crude oil. A delegation of Indonesian oil officials will travel to Iran later this week to

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Asian stocks slip as crude heads south

Asian shares slipped on Thursday as a fragile recovery in volatile crude oil unravelled, reviving anxiety about the health of the global economy, and Chinese shares skidded. MSCI's broadest index of Asia-Pacific shares outside

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Iran's crude oil sales to Europe hits new high

Iranian Oil Minister Bijan Zanganeh said on Saturday that Iran's crude oil sales to Europe after the lifting of international sanctions on Tehran had already reached above 300,000 barrels, according to the ministry's news agency.

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