Tag Archives: Asia

The delay of additional oil product supplies in Asia could be good news for refiners. but could weigh on the crude oil market.

Aramco has said the 400.000-bpd Jazan refinery will start next year.

Iran boosted its crude exports to South Korea by 63.5 percent in last month.

The export plan for this year. based on nominations submitted by shippers. will add more oil to the global market.

Maersk produces oil from the Danish and UK sections of the North Sea. Qatar. Algeria and Kazakhstan.

OPEC agreed to slash the output by 1.2 million barrels per day from Jan. 1.

The nuclear negotiators prevented US President Donald Trump'.s adventurism towards Iran by inking the JCPOA.

OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.

Several Mena countries have already begun exploring energy storage as a way to integrate new renewable generation resources .

Global giant will deliver 35 substations to support plan to cope with increasing demand for electricity.