Tag Archives: Market

A decision to delay the meeting would leave the future of the OPEC+ 1.7 million b d production cut accord with Russia and other allies up in the air.

Iran’s export of petrochemical products increased 5 percent in the 10 months of the current year (from March 21. 2019 to Jan. 20. 2020).

A new report estimates battery deployment across mobility applications. electronic devices and stationary storage will reach an annual level of 3.046GWh by this time.

Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.

Eni’s plan today includes upstream production growth at an annual rate of 3.5 percent up to 2025.

Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next week. the humbled kingdom may yet clinch victory.

Saudi Arabia wants to hold prices from falling. but Russia is still not agreeing.

The increase in the exports of petrochemical products is mostly due to inauguration of new petrochemical units in Iran.

That’s the suggestion from DNV GL. which forecasts the three breakthrough technologies could slash emissions from the energy. transport and heating sectors over the next decade.

Oil traders will remain hard to convince that producers are doing enough.