Results 50 articles shown
Iraq's Luaibi Orders Work To Reopen Oil Pipeline To Turkey
Tuesday, October 10, 2017 Iraq plans to reopen a crude oil pipeline from the Kirkuk oilfields to Ceyhan in Turkey, the oil ministry said.
Iraq and Iran Boost Oil Exports in Sales Battle With Saudis
Tuesday, October 10, 2017 Iraq and Iran boosted crude exports in September, taking advantage of a slower pace of shipments from rival Saudi Arabia to win buyers in key markets like China and the US.
Petronas Chem Sells Half Of Polymers Business To Saudi Aramco For $900MM
Monday, October 02, 2017 Petronas Chemicals Group Bhd (PCG) says it plans to sell 50% of a polymers unit to Saudi Aramco's wholly owned subsidiary.
Iran Vows Oil Exports as Cargoes Seen Unscathed by Trump Threat
Monday, September 25, 2017 Iran will persist with exporting its oil to global customers, unfettered by Donald Trump's intensifying offensive against the country, according to the Middle East nation's state-run producer.
Abu Dhabi's Adnoc Is Said to Consider IPO for Shipping Business
Thursday, September 21, 2017 Abu Dhabi National Oil Co. is considering a plan to sell shares in its shipping unit as part of a broader strategy to attract investment.
Aramco Plans to Buy Non-Saudi Crude in Global Trading Expansion
Tuesday, September 19, 2017 Saudi Aramco plans to expand its trading business by buying and selling non-Saudi crude as the world's biggest exporter prepares for what could be a record initial public offering.
Saudis Said to Mull Phasing Out Gasoline Subsidy by End-November
Monday, September 18, 2017 Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest.
LNG Glut May Flip to Deficit as Cheniere Sees China Growth
Friday, September 08, 2017 The global glut plaguing LNG markets may start to dwindle in 5 years, threatening to spur a deficit equivalent to twice the output of leading producer Qatar.
Harvey Makes Landfall in Saudi Arabia, Muddying Waters: Gadfly
Friday, September 01, 2017 Saudi Arabia has explicitly targeted the US in its strategy to drain the crude oil glut.
Dow Chemical Plans to Boost Stake in Sadara JV to 50 Pct
Monday, August 28, 2017 The Sadara complex has 26 integrated facilities and the capacity to produce more than 3 million tonnes of products per year.
Iraq Faces Resistance From Asian Buyers On 'Ambitious' Oil Price Change
Friday, August 25, 2017 Iraq's proposal to change the way it prices crude oil in Asia faces resistance from refiners who fear that longer lead times between pricing and deliveries will expose them to more risk.
Saudi Aramco, SABIC Launch Bidding At Key Chemical Project
Thursday, August 24, 2017 Saudi Aramco and SABIC have launched bidding for engineering work on their joint crude oil to chemicals project.
Bapco To Meet Technip-Led Consortium For Talks On Refinery Expansion
Tuesday, August 22, 2017 Bapco will meet a consortium led by Technip for further talks over the planned expansion of Bahrain's only oil refinery.
JODI: Saudi Arabia Crude Oil Exports Fall Slightly In June
Thursday, August 17, 2017 Saudi Arabia's crude oil exports in June fell slightly to 6.889 million barrels per day.
Shell Divests Stake in Saudi JV
Wednesday, August 16, 2017 Shell has completed the sale of its 50-percent stake in the SADAF petrochemicals joint venture to SABIC, Shell announced Tuesday.
Saipem to Build Pipelines for Kuwait Refinery Project
Wednesday, August 16, 2017 A unit of Kuwait Petroleum Corp. has awarded Saipem an approximately $850 million contract tied to KOC's Al Zour refinery project.
Saudi's Sadara Commissions Last Plant of Its Saudi Petchem Complex
Monday, August 14, 2017 TDI is mainly used in the production of flexible polyurethane foam for furniture, mattresses and car seats.
Leviathan Partners in Talks to Pipe Gas to Egypt Via Jordan
Thursday, August 10, 2017 Companies developing Israel's largest natural gas reservoir are negotiating an alternative delivery route to key target market Egypt to skirt financial disputes.
Petrofac JV Awarded $2B Refinery Contract In Oman
Friday, August 04, 2017 Petrofac says Oman's Duqm Refinery and Petrochemical Industries awarded a $2 billion contract to the British oilfield services company's 50:50 joint venture with Samsung Engineering.
Traders: ADNOC Finalizes July 2017 To June 2018 Diesel Term Contract
Tuesday, August 01, 2017 Abu Dhabi National Oil Company has finalized its July 2017 to June 2018 diesel term contract at a higher premium than an earlier contract it signed, traders say.
UN: Saudi-Led Coalition Stops Oil Tankers From Entering Yemen
Thursday, July 27, 2017 A Saudi-led military coalition and the government of Yemen denied four oil tankers access to a Yemeni port last week.
Saudi Aramco To Complete Phase 1 Of Expanded Gas Pipeline By Year End
Wednesday, July 26, 2017 Saudi Aramco will complete the first phase of an expansion of the main gas pipeline across Saudi Arabia by the end of this year.
Sources: UAE Buys First US Oil Cargo To Replace Qatar Condensate
Wednesday, July 26, 2017 The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter say.
Neverland Tanker With Disputed Kurdish Oil Reappears Off Malta
Friday, July 21, 2017 The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30.
Qatar Seeks To Open New LNG Markets With Floating Terminals
Wednesday, July 19, 2017 Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar.
Kuwait to Boost Oil-Output Capacity From 2030, Plans Refineries
Thursday, July 13, 2017 Kuwait plans to raise oil-production capacity to as much as 4.75 million barrels a day after 2030.
Qatargas Asks Suppliers To Set Up Local Offices Amid Arab Boycott
Wednesday, July 12, 2017 Qatargas has asked its suppliers to set up local operations in Qatar in an apparent bid to shield the Gulf state from further economic sanctions.
Saudi Aramco to Meet Asia Demand for August Crude in Full -Sources
Tuesday, July 11, 2017 Saudi Arabia has been cutting exports to Europe and the United States to comply with a production cut deal.
Iran Expects Steep Increase in Gas Output, Exports
Tuesday, July 11, 2017 Iran will see a steep rise in its natural gas output and exports after last year's easing of Western sanctions, its deputy oil minister said.
Shell: Qatar LNG Flows Unaffected By Crisis
Monday, July 10, 2017 Qatari exports of liquefied natural gas (LNG) remain stable amid ongoing tension.
Top Iran Oil Tanker Firm NITC Says Shipments To Europe Increasing
Monday, July 10, 2017 NITC, Iran's leading oil tanker operator, said its shipments to Europe were increasing daily.
Abu Dhabi Oil Firm ADNOC Catches Regional Listing Bug
Monday, July 10, 2017 ADNOC is looking to float some of its services businesses and enter tie-ups with global investors to help it create new revenue streams and secure more market access.
Saudi's Sadara Chemical Starts Propylene Glycol Plant
Monday, July 10, 2017 Sadara Chemical starts production at its propylene glycol plant.
Total CEO: 'I Don't Have to Choose' Between Qatar and Rivals
Friday, July 07, 2017 Total, which has been in Qatar since 1936, is one of the main shareholders in the Dolphin Energy pipeline.
Qatar Flexing LNG Muscle Puts US, Australia Plants at Risk
Friday, July 07, 2017 As if billions of dollars of LNG project cost overruns and the prospect of a glut well into the next decade weren't enough, proposed export sites now face increased competition.
Total Nears Deal To Invest Up To $2B In Iran's Petrochemical Industry
Tuesday, July 04, 2017 Total and Iran reach a preliminary agreement to build 3 petrochemical plants in a deal that could see the French oil major invest up to $2 billion in Iran.
Repair Delays at ADNOC Ruwais Refinery to Lift Gasoline Demand
Friday, June 30, 2017 Abu Dhabi demand for gasoline is expected to stay firm after its plans to restart a gasoline-making secondary unit at its Ruwais refinery were delayed.
Iraq Is New Oil King, Beats Saudis in Fastest Growing Market
Wednesday, June 14, 2017 Iraq is gaining the edge over Saudi Arabia in the world's fastest-growing oil consumer amid an intensifying race among producers to retain their most-prized markets.
Statement: Qatar Petroleum, Shell Sign LNG Bunkering Agreement
Tuesday, June 13, 2017 Qatar Petroleum and Shell signed a framework agreement to develop global LNG bunkering facilities.
Crude Oil, Fuel Shipping Costs From Qatar Set To Rise On Port Ban
Monday, June 12, 2017 The costs to ship fuel and crude oil from Qatar are expected to rise after the UAE banned vessels that previously called at Qatar from docking at UAE ports, sources say.
Strike Ends At Israeli Oil Refinery Paz
Monday, June 12, 2017 Workers at Israel's Paz Oil end their strike that had shut down the refinery in the city of Ashdod after labour and management agreed in principle to a new collective labour contract.
Iraq Seeks to Triple Refining Capacity With Slew of Projects
Friday, June 09, 2017 Iraq plans to triple refining capacity by 2021 to shake off its reliance on refined-product imports.
Qatari LNG Diversions Shock EU Traders as Crisis Intensifies
Friday, June 09, 2017 European energy markets started to feel the impact of the escalating diplomatic row in the Middle East after natural gas prices soared when tankers full of Qatari fuel abruptly changed course.
UAE Needs Qatari Natural Gas to Keep Dubai's Lights On
Thursday, June 08, 2017 When it comes to natural gas shipments, the United Arab Emirates needs Qatar more than Qatar needs the UAE.
Qatar Gulf Row Roils LNG Market, Shell Tanker Diverted
Thursday, June 08, 2017 The escalating diplomatic conflict between Qatar and several of its Middle East neighbors has roiled the liquefied natural gas trade.
Abu Dhabi Port Eases Restrictions On Oil Tankers Going To And From Qatar
Wednesday, June 07, 2017 Abu Dhabi port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry sources and shipping circulars seen by Reuters.
ExxonMobil Says Qatar LNG Not Affected By Arab States Tension
Wednesday, June 07, 2017 ExxonMobil says that production and exports of liquefied natural gas from Qatar have not been affected by rising diplomatic tensions in the Middle East.
Port Bans Choke Qatar's Commodity Trade As Gas Supply Worries Grow
Tuesday, June 06, 2017 A campaign by leading Arab powers to isolate Qatar is disrupting trade in commodities from crude oil to metals and food, and deepening fears of a possible jolt to the global gas market.
Maersk Says No Longer Able To Ship Qatar Bound Cargo
Tuesday, June 06, 2017 Maersk can no longer transport goods in or out of Qatar after Arab countries imposed restrictions on trade with the tiny Gulf state, the company says.
Russell: Saudi Arabia's Oil Price Hike To Asia May Be Self-Harming
Monday, June 05, 2017 Saudi Arabia's dilemma is shown quite neatly by its decision to raise crude oil prices for Asian refiners even though the kingdom is steadily surrendering market share in China.