Kuwait Eyeing New Chinese Contracts
Kuwait is looking to sign new crude export deals with Chinese buyers.
Kuwait is looking to sign new crude export deals with Chinese buyers.
Following the independence referendum held by the Kurdish Regional Government (KRG) earlier this week, Iran has halted the trade of petroleum products.
Iranian crude exports to Asia rose in August for the second month in a row but remained well below export levels for August 2016.
OPEC crude production has risen in September.
Libya’s crude production has risen to 950,000 barrels a day (b/d)
Looking to expand its operations, Saudi Aramco plans to begin trading non-Saudi crude oil.
Iran has agreed to build an oil refinery in the Syrian city of Homs.
Iraq is shifting its export focus toward Asia to take advantage of growing regional demand.
Kuwait announced a new tender for the development of its Jurassic natural gas field.
Saudi Aramco will soon finish the shale-production facilities it is building in northern Saudi Arabia.