Saudi Arabia, Russia Confer Energy Cooperation
The Saudi Oil Minister, Prince Abdulaziz bin Salman, discussed with the Minister of Economic Development of the Russian Federation, energy cooperation to stabilize the global energy market.
OPEC | Egypt Oil & Gas - Part 14
Saudi Arabia, Russia Brings Stability to Oil Market
Saudi Arabia and Russia cooperate to bring “perpetual stability” in the global oil markets, Prince Abdul Aziz bin Salman, the Kingdom’s energy minister.
ADNOC Seeks Bond Issue
Abu Dhabi National Oil Co (ADNOC) is studying the possibility of a bond issue amid low interest rates.
Saudi Arabia Oil Exports Average 5.88 MM b/d
Saudi Arabia’s oil exports have decreased following the recent attacks on major facilities.
Algeria to Keep Limits on Foreign Energy Investments
The Algerian government is planning to maintain current clauses in the energy law that limit foreign stakes in oil and gas projects.
OPEC Pledges Commitment to Output Cuts
The Joint Ministerial Monitoring Committee (JMMC) has emphasized the need for continued commitment to the cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC major produce ...
OPEC Downgrades Forecasted Oil Demand Growth
The Organization of the Petroleum Exporting Countries (OPEC) has cut its forecast for global oil demand growth in 2020.
Iraq Vows to Cut Oil Output
Iraq will reduce crude oil production levels starting from October, according to the Iraqi Minister of Oil, Thamer Ghadhban.
OPEC to Discuss New Output Deal Metrics
The Organization of the Petroleum Exporting Countries (OPEC) may consider new metrics for the global oil output cuts.
OPEC+ Committed to Balancing Market: UAE
Oil producers are committed to achieving market balance, according to the UAE Minister of Energy and Industry Suhail Al-Mazrouei.
