OPEC not likely to cut oil output quotas, says Kuwait

Kuwait’s oil minister Sheikh Ahmed Al-Sabah said he expects no further reduction in oil output quotas at this week’s OPEC meeting in Vienna, Bloomberg has reported. OPEC needs only compliance with the quota and not more production cuts, he said. Oil prices will probably range from $60 to $75 a barrel for the rest of […]

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OPEC not likely to cut oil output quotas, says Kuwait

Kuwait’s oil minister Sheikh Ahmed Al-Sabah said he expects no further reduction in oil output quotas at this week’s OPEC meeting in Vienna, Bloomberg has reported. OPEC needs only compliance with the quota and not more production cuts, he said. Oil prices will probably range from $60 to $75 a barrel for the rest of […]

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UAE exports of refined petroleum products to grow

US-based PFC Energy has said that slow demand and increasing production will help the UAE raise exports of refined petroleum products by 26% in 2010, Emirates Business has reported. The country and Abu Dhabi in particular, which is exporting more jet fuel and to a lesser extent fuel oil, has benefited from stagnant diesel consumption, […]

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UAE exports of refined petroleum products to grow

US-based PFC Energy has said that slow demand and increasing production will help the UAE raise exports of refined petroleum products by 26% in 2010, Emirates Business has reported. The country and Abu Dhabi in particular, which is exporting more jet fuel and to a lesser extent fuel oil, has benefited from stagnant diesel consumption, […]

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UAE exports of refined petroleum products to grow

US-based PFC Energy has said that slow demand and increasing production will help the UAE raise exports of refined petroleum products by 26% in 2010, Emirates Business has reported. The country and Abu Dhabi in particular, which is exporting more jet fuel and to a lesser extent fuel oil, has benefited from stagnant diesel consumption, […]

Stock Trkr
UAE exports of refined petroleum products to grow

US-based PFC Energy has said that slow demand and increasing production will help the UAE raise exports of refined petroleum products by 26% in 2010, Emirates Business has reported. The country and Abu Dhabi in particular, which is exporting more jet fuel and to a lesser extent fuel oil, has benefited from stagnant diesel consumption, […]

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Qatar hikes crude oil prices for August

State-owned Qatar Petroleum has raised its official August selling prices for crude grade 9.6% from July to $71.82 a barrel, Bloomberg has reported. The August price of Qatar Marine grade was increased 10% to $71.27 a barrel. Related Posts:Overview of the GBP/USD pair on April 17th. The Federal… April 17, 2023 The GBP/USD currency pair […]

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Qatar hikes crude oil prices for August

State-owned Qatar Petroleum has raised its official August selling prices for crude grade 9.6% from July to $71.82 a barrel, Bloomberg has reported. The August price of Qatar Marine grade was increased 10% to $71.27 a barrel. Related Posts:Overview of the GBP/USD pair on April 17th. The Federal… April 17, 2023 The GBP/USD currency pair […]

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Qatar hikes crude oil prices for August

State-owned Qatar Petroleum has raised its official August selling prices for crude grade 9.6% from July to $71.82 a barrel, Bloomberg has reported. The August price of Qatar Marine grade was increased 10% to $71.27 a barrel. Related Posts:Overview of the GBP/USD pair on April 17th. The Federal… April 17, 2023 The GBP/USD currency pair […]

Stock Trkr
Qatar hikes crude oil prices for August

State-owned Qatar Petroleum has raised its official August selling prices for crude grade 9.6% from July to $71.82 a barrel, Bloomberg has reported. The August price of Qatar Marine grade was increased 10% to $71.27 a barrel. Related Posts:Overview of the GBP/USD pair on April 17th. The Federal… April 17, 2023 The GBP/USD currency pair […]

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Yemen LNG to begin production soon

Yemen LNG expects to start production from its new gas liquefaction plant in the ‘coming weeks’, Joel Fort, the company’s chief executive, told Reuters. The first cargo was originally scheduled to be exported in August, but start-up problems, including leaking valves and minor glitches, had delayed first production, he said. ‘We are not yet producing […]

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Yemen LNG to begin production soon

Yemen LNG expects to start production from its new gas liquefaction plant in the ‘coming weeks’, Joel Fort, the company’s chief executive, told Reuters. The first cargo was originally scheduled to be exported in August, but start-up problems, including leaking valves and minor glitches, had delayed first production, he said. ‘We are not yet producing […]

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Yemen LNG to begin production soon

Yemen LNG expects to start production from its new gas liquefaction plant in the ‘coming weeks’, Joel Fort, the company’s chief executive, told Reuters. The first cargo was originally scheduled to be exported in August, but start-up problems, including leaking valves and minor glitches, had delayed first production, he said. ‘We are not yet producing […]

Stock Trkr
Yemen LNG to begin production soon

Yemen LNG expects to start production from its new gas liquefaction plant in the ‘coming weeks’, Joel Fort, the company’s chief executive, told Reuters. The first cargo was originally scheduled to be exported in August, but start-up problems, including leaking valves and minor glitches, had delayed first production, he said. ‘We are not yet producing […]

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Elections could delay Iraq Shell deal

Iraq’s deputy Oil Minister Ahmed al-Shamma believes political opposition to a gas joint venture between Iraq, Royal Dutch Shell and Mitsubishi may delay its finalisation until after national elections in January, Reuters has reported. The gas venture, once in place, will head Iraq’s plans to modernise its aging oil and gas facilities, update technology and […]

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Elections could delay Iraq Shell deal

Iraq’s deputy Oil Minister Ahmed al-Shamma believes political opposition to a gas joint venture between Iraq, Royal Dutch Shell and Mitsubishi may delay its finalisation until after national elections in January, Reuters has reported. The gas venture, once in place, will head Iraq’s plans to modernise its aging oil and gas facilities, update technology and […]

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Elections could delay Iraq Shell deal

Iraq’s deputy Oil Minister Ahmed al-Shamma believes political opposition to a gas joint venture between Iraq, Royal Dutch Shell and Mitsubishi may delay its finalisation until after national elections in January, Reuters has reported. The gas venture, once in place, will head Iraq’s plans to modernise its aging oil and gas facilities, update technology and […]

Stock Trkr
Elections could delay Iraq Shell deal

Iraq’s deputy Oil Minister Ahmed al-Shamma believes political opposition to a gas joint venture between Iraq, Royal Dutch Shell and Mitsubishi may delay its finalisation until after national elections in January, Reuters has reported. The gas venture, once in place, will head Iraq’s plans to modernise its aging oil and gas facilities, update technology and […]

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Crude price slips ahead of Opec meeting

The belief that Opec will not change crude oil output at its meeting this week has pushed prices down, on the expectation of weaker demand as summer draws to a close. The group is expected to keep output at 24.5845 million barrels a day. Bloomberg reported that crude is poised for its biggest decline in […]

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Crude price slips ahead of Opec meeting

The belief that Opec will not change crude oil output at its meeting this week has pushed prices down, on the expectation of weaker demand as summer draws to a close. The group is expected to keep output at 24.5845 million barrels a day. Bloomberg reported that crude is poised for its biggest decline in […]

Stock Trkr
Crude price slips ahead of Opec meeting

The belief that Opec will not change crude oil output at its meeting this week has pushed prices down, on the expectation of weaker demand as summer draws to a close. The group is expected to keep output at 24.5845 million barrels a day. Bloomberg reported that crude is poised for its biggest decline in […]

Stock Trkr
Crude price slips ahead of Opec meeting

The belief that Opec will not change crude oil output at its meeting this week has pushed prices down, on the expectation of weaker demand as summer draws to a close. The group is expected to keep output at 24.5845 million barrels a day. Bloomberg reported that crude is poised for its biggest decline in […]

Stock Trkr
Dubai oil retail price increases

The price of Dubai’s diesel has increased to Dhs10.20 per gallon from Dhs9.90 per gallon, Gulf News has reported. An oil retailer has confirmed the increase in the price of diesel by Dh0.30 per gallon attributed to a sharp increase in international oil prices in recent weeks. The price of diesel in Dubai was last […]

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Dubai oil retail price increases

The price of Dubai’s diesel has increased to Dhs10.20 per gallon from Dhs9.90 per gallon, Gulf News has reported. An oil retailer has confirmed the increase in the price of diesel by Dh0.30 per gallon attributed to a sharp increase in international oil prices in recent weeks. The price of diesel in Dubai was last […]

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Dubai oil retail price increases

The price of Dubai’s diesel has increased to Dhs10.20 per gallon from Dhs9.90 per gallon, Gulf News has reported. An oil retailer has confirmed the increase in the price of diesel by Dh0.30 per gallon attributed to a sharp increase in international oil prices in recent weeks. The price of diesel in Dubai was last […]

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Dubai oil retail price increases

The price of Dubai’s diesel has increased to Dhs10.20 per gallon from Dhs9.90 per gallon, Gulf News has reported. An oil retailer has confirmed the increase in the price of diesel by Dh0.30 per gallon attributed to a sharp increase in international oil prices in recent weeks. The price of diesel in Dubai was last […]

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Qatar-Turkey gas pipeline discussed

Qatar has proposed a gas pipeline from the Gulf to Turkey. According to reports in the Turkish press, the two countries are looking into if Qatar can supply gas to the Nabucco pipeline project, which would transport Central Asian and Middle Eastern gas to Europe, bypassing Russia. A Qatar-to-Turkey pipeline might hook up with Nabucco […]

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Qatar-Turkey gas pipeline discussed

Qatar has proposed a gas pipeline from the Gulf to Turkey. According to reports in the Turkish press, the two countries are looking into if Qatar can supply gas to the Nabucco pipeline project, which would transport Central Asian and Middle Eastern gas to Europe, bypassing Russia. A Qatar-to-Turkey pipeline might hook up with Nabucco […]

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Qatar-Turkey gas pipeline discussed

Qatar has proposed a gas pipeline from the Gulf to Turkey. According to reports in the Turkish press, the two countries are looking into if Qatar can supply gas to the Nabucco pipeline project, which would transport Central Asian and Middle Eastern gas to Europe, bypassing Russia. A Qatar-to-Turkey pipeline might hook up with Nabucco […]

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Qatar-Turkey gas pipeline discussed

Qatar has proposed a gas pipeline from the Gulf to Turkey. According to reports in the Turkish press, the two countries are looking into if Qatar can supply gas to the Nabucco pipeline project, which would transport Central Asian and Middle Eastern gas to Europe, bypassing Russia. A Qatar-to-Turkey pipeline might hook up with Nabucco […]

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