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Saudi Arabia Oil Supply News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Saudi Arabia Oil & Gas.
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Latest Saudi Arabia Oil Supply News

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  • WEEKAHEAD-The view from Reuters editors in the Americas 7 Nov 2009 02:50 GMT
    ... a new, improved relationship with Latin America. OIL PRICING - We're chasing comments from oil ... they could join Saudi Arabia in pricing crude sold to the United States based on the ... in the oil patch have complained that supply, storage and transport constraints around WTI have ...

  • Research and Markets: Kuwait Oil and Gas Report Q4 2009 - Between 2008 and 2018, an Increase is Forecasted in Kuwaiti Oil Production of 29.3% 6 Nov 2009 16:31 GMT
    ... the addition of the " The Kuwait Oil and Gas Report provides industry professionals and ... of economic expansion. State oil company Kuwait Petroleum Corporation (KPC) is responsible for all domestic ... of near-term international oil company (IOC) investment, crude production is forecast to increase from 2.78mn ...

  • Deutsche Bank Hails Saudi Prospects 6 Nov 2009 19:58 GMT
    ... very promising economy because of its strong oil price, continued public sector investment in infrastructure and ... forecast oil price to peak $175 a barrel in 2016. With the current account and ... India and Turkey, and retail real estate supply remains well below other major GCC economies. ...

  • Oando to use London listing to fund upstream plans 6 Nov 2009 15:54 GMT
    ... Q1 2010, subject to approvals * Sees oil reforms freeing up assets * Supports govt plan ... despite the global economic slowdown. "With the petroleum industry bill coming along there will be ... gas-to-power plants to boost urgently needed electricity supply, with a 12.15 MW plant to be ...

  • Roubini: Commodities Due for a Correction 6 Nov 2009 23:12 GMT
    ... From crude to copper, from gold to silver, most commodities have ... China to drive global growth, how $100 oil would tip us back into recession, and ... for commodities would be weak compared to supply, and there could be a correction in ...

  • Kuwait cuts naphtha term offer in surprise move 6 Nov 2009 14:57 GMT
    ... SINGAPORE - Kuwait Petroleum Corp (KPC) has for the first time ... move could affect rival Abu Dhabi National Oil Co’s (ADNOC) ongoing term talks, as it ... Crack spreads — premiums/losses from refining Brent crude into naphtha — was at $95.95 a ...

  • GE Announces Latest Advancements To Leading Gas Turbine 6 Nov 2009 18:37 GMT
    ... GE Announces Latest Advancements To Leading Gas Turbine New ... more flexibility and fewer emissions, with estimated fuel savings of $2M per year Greenville, SC ... Saudi Arabia's 264 billion barrels. That available supply, coupled with the current low cost and the ...

  • Analysis: SE Asia Rig Market Challenged, But Construction Continues 6 Nov 2009 21:56 GMT
    ... and Vietnam. According to Shell, the Indonesia oil industry and what subsequently became Royal Dutch ... closely connected. Shell discovered commercial quantities of crude oil in Sumatra just over 100 yrs ago. ... shipyard without a contract for a total supply of 64 rigs. Thus, total utilization in ...

  • Chart Announces Opening Of JV Manufacturing Facility For Air Cooled Heat Exchangers In The Middle East 6 Nov 2009 04:35 GMT
    ... exchangers to support the region's energy and petrochemical industries. "Air cooled heat exchangers are required ... processes in the production and refining of oil, gas, and petrochemicals in the Middle East," stated ... products are used throughout the liquid gas supply chain for purification, liquefaction, distribution, storage and ...

  • Selling pressure extends QE bear run 6 Nov 2009 21:36 GMT
    ... the week ended Thursday, that also saw oil prices climb over $80 a barrel. Foreign institutions were mainly instrumental in dragging ... production of urea and related products to supply growing global demand, focusing on South America, ...

  • Peak oil review - Nov 2 2 Nov 2009 11:16 GMT
    ... It was another volatile week with oil prices pushing $82 a barrel on Monday ... January will switch to the Argus Sour Crude Index for pricing oil sales to US ... relatively weak. Valero, the country's largest independent petroleum refiner, said that it lost nearly $500 ...

  • OPEC oil output falls in October-Reuters survey 2 Nov 2009 15:53 GMT
    ... OPEC oil supply fell in October, the first decline ... 11 members of the Organization of the Petroleum Exporting Countries with output targets eased to ... released and as of 1304 GMT U.S. crude was up 76 cents at $77.76. It ...

  • OPEC oil output falls in October ' Reuters survey 2 Nov 2009 16:35 GMT
    ... OPEC oil output falls in October – Reuters survey ... 11 members of the Organisation of the Petroleum Exporting Countries with output targets eased to ... released and as of 1304 GMT US crude was up 76 cents at $77,76. It ...

  • Opec oil output falls in October for the first time since April 2 Nov 2009 20:25 GMT
    ... Opec oil output falls in October for the first ... 11 members of the Organisation of the Petroleum Exporting Countries with output targets eased to ... released and as of 1304 GMT US crude was up 76 cents at $77.76. It ...

  • Global oil yardsticks shaken by Saudis 3 Nov 2009 03:31 GMT
    ... November 3 2009 02:00 What is the oil price? For years, the answer has been ... the hundreds of different crudes traded globally. Petroleum Intelligence Weekly's International Crude Oil Market Handbook , a traders' bible, ...


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