supply
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Jordan Discusses Renewing Oil Import MoU with Iraq
Wednesday, 6th January 2021
The Jordanian Ministry of Energy and Mineral Resources stated that it is going into discussions with the Iraqi authorities about renewing the Memorandum of Standing (MoU) signed between Jordan and Iraq to supply oil.
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BHP Awards Shell LNG Supply Contract
Tuesday, 1st December 2020
BHP company has awarded Shell company its first liquified natural gas (LNG) supply contract for five-year terms to fuel BHP’s carriers which will transport iron ore between Western Australia and China from 2022.
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Sapura Wins Major Service Contract in Qatar
Tuesday, 17th November 2020
Sapura Energy Berhad, a leading global integrated oil and gas services and solutions provider has been awarded a major service contract by Total E&P Golfe pertaining to the AL-Khalij Field in Qatar.
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SABIC’s Feedstock Supplies Reach Normal Levels
Sunday, 29th September 2019
The Saudi Basic Industries Corporation (SABIC) announced that the supply level of its feedstock returned to normal again.
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Saudi Arabia Cuts Oil Output after OPEC Low Demand Forecast
Tuesday, 14th August 2018
Saudi Arabia was forced to cut oil production by more than 200,000 barrels per day (b/d) last month after OPEC’s forecasted demand figures were lower than expected, raising concerns about oversupply.
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Kuwait Boosts Crude Oil Exports to China
Wednesday, 28th June 2017
Kuwait’s crude oil exports to China in the first five months of 2017 grew 5.6% from the same period of 2016. -
Rosneft to Provide 10 LNG Cargoes to Egypt
Tuesday, 21st March 2017
A trading unit of Russia's largest oil producer Rosneft Trading SA (RTSA) has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company (EGAS) in 2017. -
Nigeria’s NLNG to Resume Industrial Gas Supply
Tuesday, 14th March 2017
The Nigeria Liquefied Natural Gas (NLNG) Ltd. said it is rectifying the pipelines which exploded in February in Rivers, to ensure resumption of industrial gas supply within mid-March. -
IEA Predicts Slump on Oil Supply by 2020
Wednesday, 8th March 2017
According to the International Energy Agency (IEA) latest report, investment in new projects fell during the slump in oil prices that began in mid-2014, which may compromise production levels by 2020. -
Oman, Japan Signed Pipe-Supply Contract
Tuesday, 31st January 2017
Petroleum Development Oman (PDO) signed a $1.2b contract with Japanese supplier Sumitomo to supply piping for its drilling operations through Duqm.
Latest News
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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SFE Widens Scope for Wataniya Buyers
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 59.24 | -2.12% |
Crude Oil (Brent) Brent | USD/bbl | 62.91 | -1.60% |
NYMEX Natural Gas | USD/MMBtu | 3.07 | -0.42% |
OPEC Basket Price | USD/bbl | 63.43 | +1.52% |
Last Modified February 21, 2021