Iran open to foreign investment in energy sector

Iran’s deputy oil minister has said the country is open to foreign companies investing in its energy sector, Bloomberg has reported. The National Iranian Gas Company is also open to potential ventures with private groups, he said. Iran plans to invest $50bn during the next 10 years on liquefied natural gas projects. Related Posts:Overview of […]

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Iran open to foreign investment in energy sector

Iran’s deputy oil minister has said the country is open to foreign companies investing in its energy sector, Bloomberg has reported. The National Iranian Gas Company is also open to potential ventures with private groups, he said. Iran plans to invest $50bn during the next 10 years on liquefied natural gas projects. Related Posts:Overview of […]

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Oman to assess potential for refinery in Duqm

Oman Oil Company has signed a cooperation agreement with UAE-based International Petroleum Investment Company to explore the potential of developing a refinery and petrochemical complex at Duqm, Oman. The agreement will entail an in-depth assessment of the both the feasibility and implementation of the proposed project. Related Posts:AUD/USD Update for November 02, 2023 – Potential […]

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Oman to assess potential for refinery in Duqm

Oman Oil Company has signed a cooperation agreement with UAE-based International Petroleum Investment Company to explore the potential of developing a refinery and petrochemical complex at Duqm, Oman. The agreement will entail an in-depth assessment of the both the feasibility and implementation of the proposed project. Related Posts:AUD/USD Update for November 02, 2023 – Potential […]

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Oman to assess potential for refinery in Duqm

Oman Oil Company has signed a cooperation agreement with UAE-based International Petroleum Investment Company to explore the potential of developing a refinery and petrochemical complex at Duqm, Oman. The agreement will entail an in-depth assessment of the both the feasibility and implementation of the proposed project. Related Posts:AUD/USD Update for November 02, 2023 – Potential […]

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Oman to assess potential for refinery in Duqm

Oman Oil Company has signed a cooperation agreement with UAE-based International Petroleum Investment Company to explore the potential of developing a refinery and petrochemical complex at Duqm, Oman. The agreement will entail an in-depth assessment of the both the feasibility and implementation of the proposed project. Related Posts:AUD/USD Update for November 02, 2023 – Potential […]

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Era of ‘cheap oil’ may be over, says report

A new report has warned that the era of ‘cheap oil’ is over, as there is a ‘significant risk’ that global production of conventional oil could ‘peak’ and decline by 2020. The UK Energy Research Council study say most governments are showing little concern about oil depletion, even though the 10 largest oil producing fields […]

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Era of ‘cheap oil’ may be over, says report

A new report has warned that the era of ‘cheap oil’ is over, as there is a ‘significant risk’ that global production of conventional oil could ‘peak’ and decline by 2020. The UK Energy Research Council study say most governments are showing little concern about oil depletion, even though the 10 largest oil producing fields […]

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Era of ‘cheap oil’ may be over, says report

A new report has warned that the era of ‘cheap oil’ is over, as there is a ‘significant risk’ that global production of conventional oil could ‘peak’ and decline by 2020. The UK Energy Research Council study say most governments are showing little concern about oil depletion, even though the 10 largest oil producing fields […]

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Era of ‘cheap oil’ may be over, says report

A new report has warned that the era of ‘cheap oil’ is over, as there is a ‘significant risk’ that global production of conventional oil could ‘peak’ and decline by 2020. The UK Energy Research Council study say most governments are showing little concern about oil depletion, even though the 10 largest oil producing fields […]

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‘Loose’ policy could push oil above $100, says Merrill

According to Bank of America Corp.’s Merrill Lynch unit, oil may jump above $100 next year as emerging market demand rises and ‘loose’ monetary policy weakens the US dollar. ‘A vicious cycle of rising oil prices, rising capital inflows in emerging markets, continued emerging market currency appreciation and in turn higher emerging market commodity demand […]

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‘Loose’ policy could push oil above $100, says Merrill

According to Bank of America Corp.’s Merrill Lynch unit, oil may jump above $100 next year as emerging market demand rises and ‘loose’ monetary policy weakens the US dollar. ‘A vicious cycle of rising oil prices, rising capital inflows in emerging markets, continued emerging market currency appreciation and in turn higher emerging market commodity demand […]

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‘Loose’ policy could push oil above $100, says Merrill

According to Bank of America Corp.’s Merrill Lynch unit, oil may jump above $100 next year as emerging market demand rises and ‘loose’ monetary policy weakens the US dollar. ‘A vicious cycle of rising oil prices, rising capital inflows in emerging markets, continued emerging market currency appreciation and in turn higher emerging market commodity demand […]

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‘Loose’ policy could push oil above $100, says Merrill

According to Bank of America Corp.’s Merrill Lynch unit, oil may jump above $100 next year as emerging market demand rises and ‘loose’ monetary policy weakens the US dollar. ‘A vicious cycle of rising oil prices, rising capital inflows in emerging markets, continued emerging market currency appreciation and in turn higher emerging market commodity demand […]

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LNG supplies to tighten from 2015, says Qatar

Faisal Al-Suwaidi, the chief executive of Qatargas, has said that postponing planned natural gas liquefaction facilities amid the current global slump in natural gas prices will lead to tight supplies by 2015, Reuters has reported. LNG consuming nations must prepare for the coming tight supply situation, he said.

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LNG supplies to tighten from 2015, says Qatar

Faisal Al-Suwaidi, the chief executive of Qatargas, has said that postponing planned natural gas liquefaction facilities amid the current global slump in natural gas prices will lead to tight supplies by 2015, Reuters has reported. LNG consuming nations must prepare for the coming tight supply situation, he said.

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LNG supplies to tighten from 2015, says Qatar

Faisal Al-Suwaidi, the chief executive of Qatargas, has said that postponing planned natural gas liquefaction facilities amid the current global slump in natural gas prices will lead to tight supplies by 2015, Reuters has reported. LNG consuming nations must prepare for the coming tight supply situation, he said.

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LNG supplies to tighten from 2015, says Qatar

Faisal Al-Suwaidi, the chief executive of Qatargas, has said that postponing planned natural gas liquefaction facilities amid the current global slump in natural gas prices will lead to tight supplies by 2015, Reuters has reported. LNG consuming nations must prepare for the coming tight supply situation, he said.

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OPEC not to hike output, says Kuwait

Kuwait’s oil minister has said OPEC is likely to maintain oil production levels at its next meeting. ‘I don’t expect any output change in December,’ Sheikh Ahmad al-Sabah told reporters in Kuwait. He also said he expects oil prices to stay between $60 and $80 till the end of the year. Related Posts:Weekly Forex Outlook: […]

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OPEC not to hike output, says Kuwait

Kuwait’s oil minister has said OPEC is likely to maintain oil production levels at its next meeting. ‘I don’t expect any output change in December,’ Sheikh Ahmad al-Sabah told reporters in Kuwait. He also said he expects oil prices to stay between $60 and $80 till the end of the year. Related Posts:Weekly Forex Outlook: […]

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OPEC not to hike output, says Kuwait

Kuwait’s oil minister has said OPEC is likely to maintain oil production levels at its next meeting. ‘I don’t expect any output change in December,’ Sheikh Ahmad al-Sabah told reporters in Kuwait. He also said he expects oil prices to stay between $60 and $80 till the end of the year. Related Posts:Weekly Forex Outlook: […]

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OPEC not to hike output, says Kuwait

Kuwait’s oil minister has said OPEC is likely to maintain oil production levels at its next meeting. ‘I don’t expect any output change in December,’ Sheikh Ahmad al-Sabah told reporters in Kuwait. He also said he expects oil prices to stay between $60 and $80 till the end of the year. Related Posts:Weekly Forex Outlook: […]

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Taqa to invest $1bn

Abu Dhabi National Energy Company (Taqa) is negotiating with three firms in the mid and downstream sector, as it seeks to meet its $1bn spend target for the fourth-quarter, Reuters has reported. Taqa has already invested $1.5bn and plans to continue its buying spree and could spend a further $1bn before the end of this […]

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Taqa to invest $1bn

Abu Dhabi National Energy Company (Taqa) is negotiating with three firms in the mid and downstream sector, as it seeks to meet its $1bn spend target for the fourth-quarter, Reuters has reported. Taqa has already invested $1.5bn and plans to continue its buying spree and could spend a further $1bn before the end of this […]

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Taqa to invest $1bn

Abu Dhabi National Energy Company (Taqa) is negotiating with three firms in the mid and downstream sector, as it seeks to meet its $1bn spend target for the fourth-quarter, Reuters has reported. Taqa has already invested $1.5bn and plans to continue its buying spree and could spend a further $1bn before the end of this […]

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Taqa to invest $1bn

Abu Dhabi National Energy Company (Taqa) is negotiating with three firms in the mid and downstream sector, as it seeks to meet its $1bn spend target for the fourth-quarter, Reuters has reported. Taqa has already invested $1.5bn and plans to continue its buying spree and could spend a further $1bn before the end of this […]

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UAE inks nuclear deal

UAE President Sheik Khalifa bin Zayed Al Nahyan has signed into law the regulatory framework for building ‘a peaceful nuclear energy sector,’ the Associated Press has reported. The law complies with regulations of the UN’s International Atomic Energy Agency (IAEA), under which the country will be prohibited from developing its own program to enrich uranium […]

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UAE inks nuclear deal

UAE President Sheik Khalifa bin Zayed Al Nahyan has signed into law the regulatory framework for building ‘a peaceful nuclear energy sector,’ the Associated Press has reported. The law complies with regulations of the UN’s International Atomic Energy Agency (IAEA), under which the country will be prohibited from developing its own program to enrich uranium […]

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UAE inks nuclear deal

UAE President Sheik Khalifa bin Zayed Al Nahyan has signed into law the regulatory framework for building ‘a peaceful nuclear energy sector,’ the Associated Press has reported. The law complies with regulations of the UN’s International Atomic Energy Agency (IAEA), under which the country will be prohibited from developing its own program to enrich uranium […]

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UAE inks nuclear deal

UAE President Sheik Khalifa bin Zayed Al Nahyan has signed into law the regulatory framework for building ‘a peaceful nuclear energy sector,’ the Associated Press has reported. The law complies with regulations of the UN’s International Atomic Energy Agency (IAEA), under which the country will be prohibited from developing its own program to enrich uranium […]

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