Iranian Exports to Asia Rise but Remain Below 2016 Levels
Iranian crude exports to Asia rose in August for the second month in a row but remained well below export levels for August 2016.
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.
Algeria is looking to increase its natural gas exports to Spain via the Medgaz pipeline to 7 billion cubic meters (bcm) this year.
The initial public offering (IPO) for Saudi Aramco remains scheduled for 2018.