Saudi Arabia Denies FT Report: IPO on Track
Saudi Arabia pushed back against reports that it was considering a private offering of Saudi Aramco instead of the previously announced initial public offering (IPO).
News / International
Saudi Aramco Cuts Asian Allocations
To meet its self-imposed export cuts in November, Saudi Arabia is cutting crude oil shipments to customers in Asia.
Iran Delays Tender for Azadegan Oilfield Again
Iran has pushed back its tender for the development of its Azadegan oilfield until at least 2018
Iraq to Reopen Kirkuk-Ceyhan Pipeline to Turkey
In a move that could weaken the Kurdistan Regional Government (KRG), the Iraqi Oil Ministry said that it would reopen the federal Kirkuk-Ceyhan pipeline to Turkey.
Bahrain’s LNG Terminal to be Completed in 2019
Bahrain’s new liquefied natural gas terminal (LNG) should be completed in 2019.
New Oil Pipeline to Link Saudi Arabia and Bahrain in 2018
The construction of an new oil pipeline connecting Saudi Arabia and Bahrain will be completed in 2018.
Saudi Arabia to Cut Exports by 560K b/d in November
Saudi Arabia will cut crude shipments by 560,000 barrels per day (b/d) in November.
Iraqi, Iranian Exports Rise in September
Both Iraq and Iran increased their crude oil exports in September.
Iraqi Oil Minister: Chevron, Total Interested in Acquiring Stake in Majnoon
Chevron and Total have expressed interest in taking over Royal Dutch Shell’s operations at the Majnoon oilfield.
OOCEP Signs $1B Loan Agreement
The Oman Oil Company Exploration and Production (OOCEP) finalized an agreement for a $1 billion loan.
