Saad Sherida Al-Kaabi, president and CEO of Qatar Petroleum and chairman of Qatargas concluded his talks with major Japanese energy companies aiming to strengthen existing cooperation.
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President of Qatar Petroleum and CEO and Chairman of Qatargas Saad Sherida Al-Kaabi headed to Tokyo to hold discussions with Japanese energy companies.
By Ron Bousso ISTANBUL (Reuters) – While OPEC and other big crude producers work towards a deal to cap production to erode a glut, industry executives are concerned the sharp drop in investment that followed the oil price crash could lead to another crisis – a supply shortage. Over $1 trillion (£0.8
Given the current conditions, the shipping industry needs supply-side re-positioning to help the markets back to improved health, and increased recycling in recent years has been a clear part of this, according to Clarksons Research. Since the start of 2009, a total of 206.6 million gross tons of sh
International Energy Agency (IEA) has informed that OPEC oil supply was at an all-time high during September while growth in oil demand dropped to a four-year low in the third quarter of 2016. According to IEA’s newly released Oil Market Report for October, global oil supply rose by 0.6 million barr
By Olesya Astakhova ISTANBUL (Reuters) – Igor Sechin, Russia’s most influential oil executive and the head of state-controlled energy giant Rosneft, said his company will not cap oil production as part of a possible agreement with OPEC. His comments underline how difficult it is for Russia to get it
By Karolin Schaps LONDON (Reuters) – Oil eased off four-month highs on Monday as doubts that oil producers can reach a meaningful output cut deal prompted some speculators to unwind bullish bets. Global benchmark Brent crude futures <LCOc1> were down 9 cents at $51.84 a barrel at 1029 GMT, around 2
ISTANBUL (Reuters) – Saudi Arabia’s Energy Minister Khalid al-Falih said on Monday that OPEC should not crimp oil supply too tightly and said he was optimistic a global production deal to limit supplies could be reached by November. Speaking at the World Energy Congress in Istanbul, Falih said OPEC,
Recently, OPEC announced production cuts as a strategy to reduce over-supply in the market and give a much-needed boost to oil prices. Without higher oil prices, many new projects are thought to be uneconomic. Or are they? According to its report on Monday, Douglas-Westwood has recently reviewed ove
Airborne Oil & Gas (AOG), a manufacturer of thermoplastic composite pipes (TCP) for oil & gas applications, has raised €23 million ($25.7 million) in a Series C investment round from both new and existing shareholders. AOG said on Monday that Saudi Aramco Energy Ventures (SAEV) joined the shareholde
Popular news, October 3 – 9, 2016
The last three months have been some of the worst the multipurpose and project carrier sector has endured as the breakbulk and project cargo sector remained weak, with little suggestion that volumes will improve significantly until the end of 2017, according to shipping consultancy Drewry. Rates hav
Gas exports from Iran have reached almost 4 billion cubic meters in the first half of the Iranian calendar year that started on March 20.
