Tag Archives: Market

The giant South Azadegan Oilfield near the Iraqi border has been singled out as the first field to be tendered under the new terms.

Like its competitors across the upstream sector. PTT has been cutting the costs of production.

Höegh LNG has one of the world’s biggest fleets of TMC compressors for FSRUs.

Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.

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.

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

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

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 .