Energy, Oil and Gas

Latest developments of the energy market ranging from oil and gas exploration, production, transportation, storage to major key market players updates and the impact on geo-political and economical levels.

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233Reports for Energy, Oil and Gas

April 24, 2023

Summary: The monetization process of the Aphrodite gas field offshore Cyprus is encountering many difficulties, especially between equity partners Chevron and Shell. What are Chevron and Shell’s vie...

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April 20, 2023

Summary: Despite Saudi Arabia’s decision to cut production starting this May by 500,000 barrels per day (bpd), Aramco announced last week (10/4/2023) that it will continue to supply full contracted crude vo...

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April 19, 2023

Summary: Saudi Crown Prince Mohammad Bin Salman Bin Abdulaziz announced last Sunday (16/4/2023) that Saudi Arabia has transferred 4% of Saudi Aramco’s shares from the Kingdom’s coffers to Sanabil Investment...

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April 06, 2023

Summary: Russian oil trading at discounted prices has recently found its way to the top of Asian markets' imports, overtaking Saudi oil. Since then, Saudi Crown Prince Mohammad Bin Salman Bin Abdul...

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April 05, 2023

Summary: Saudi Arabia, Russia and other OPEC+ members have decided to increase production cuts starting May until the end of 2023 by 1.15 million barrels per day (bpd). The UAE said it would cut prod...

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March 28, 2023

Summary: In the wake of his appointment earlier this month (9/3/2023) as chairman of the $790 billion Abu Dhabi Investment Authority (ADIA), UAE National Security Advisor Sheikh Tahnoon Bin Zayed Al Nahyan ...

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March 15, 2023

Summary: On the basis of the Beijing agreement last Friday (10/3/2023) between Saudi Arabia and Iran, Saudi Minister of Foreign Affairs Prince Faisal Bin Farhan Al Saud and his Iranian counterpart Hossein A...

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March 10, 2023

Summary: A news report published late last week mentioned that the UAE is having an internal debate about leaving OPEC+ as a result of a disagreement with Saudi Arabia about oil production.Are th...

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March 10, 2023

Summary: UAE President Sheikh Mohammad Bin Zayed Al Nahyan is said to be moving away from coordination with Saudi Arabia on OPEC+ matters.UAE National Security Advisor Sheikh Tahnoon Bin Zayed is rep...

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February 22, 2023

Summary: Saudi Minister of Energy Prince Abdulaziz Bin Salman Bin Abdulaziz met with U.S. Senate Minority Leader Mitch McConnell on 19/2/2023 in Riyadh.During the meeting, the two men discussed the c...

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