|Syria >> 3/22/2012 - The partners in a huge offshore-Israeli gas field development will begin talks about selling 2 million to 3 million tonnes a year of liquefied natural gas to a subsidiary of Russia's Gazprom for 15-20...|
|Saudi Arabia >> 3/19/2012 - Saudi Arabian oil exports rose 143,000 barrels per day (bpd) in January on the month, according to government data published Sunday, as the world's leading crude seller increased supplies to the Unite...|
|Iraq >> 3/18/2012 - Iraq has approved a plan to expand its oil export routes by adding capacity from its northern fields and building a pipeline to ship oil from southern fields to Ceyhan in Turkey, a government spokesma...|
|Saudi Arabia >> 3/16/2012 - Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the United States, adding to speculation about the response of the world's top oil exporter to sanctions against Iran an...|
|Germany >> 3/15/2012 - Germany’s largest producer of crude oil and natural gas with operations worldwide, Wintershall, passed the billion-euro mark with its annual net income for the first time in the company’s over 100-yea...|
|United Kingdom >> 3/15/2012 - The English Commercial Court in London ordered Excalibur Ventures LLC (Excalibur) to make a payment of £6,000,000 into Court within 21 days as security for the costs of Gulf Keystone and two of its su...|
|Israel >> 3/14/2012 - Noble Energy, Inc. announced that it and its partners in the Tamar field have signed a gas sales agreement to sell natural gas from the Tamar field, offshore Israel, to Israel Electric Corporation Lim...|
|United Arab Emirates >> 3/14/2012 - Abu Dhabi National Energy Co (TAQA) expects to increase capital spending to between $2.0 billion to $2.2 billion this year as it pushes ahead with expansion plans. TAQA, which is 75-percent owned by t...|
|Saudi Arabia >> 3/12/2012 - Saudi Arabia, the world's top crude exporter, will supply full contracted volumes of crude oil in April to at least one Asian term buyer, unchanged from March, an industry source familiar with the mat...|
|Saudi Arabia >> 3/12/2012 - Saudi Arabia, the world's top crude exporter, will supply full contracted volumes of crude oil in April to at least one Asian and another European term buyers as it did in March, trade and industry so...|
|Iraq >> 3/12/2012 - Exxon Mobil and Baghdad have reached agreement for the U.S.-based company to be paid in oil for work on the huge West Qurna-1 oilfield, after months of negotiations over contract terms, an Iraqi oil o...|
|Iraq >> 3/11/2012 - OAO Lukoil, Russia’s biggest non- state company by market value, plans to boost investments in the West Qurna-2 oil field in Iraq to about $2 billion this year. Lukoil plans to carry out drilling and ...|
|Saudi Arabia >> 3/9/2012 - Europe's debt crisis and an oil price rally are the biggest threats to global oil demand this year, OPEC said, adding it was still pumping above its target despite a slide in Iranian production. The O...|
|Austria >> 3/9/2012 - Estimate for 2011|
Demand for OPEC crude for 2011 remained unchanged from the previous assessment, as both non-OPEC supply and demand saw a similar downward adjustment, leaving the demand f...
|Austria >> 3/9/2012 - US|
US commercial oil stocks reversed the slight fall of the last month and increased by 4.0 mb to end the month of February at 1059.5 mb. With this build, they switched last month’s defici...
|Austria >> 3/9/2012 - Following the upward trend in January, OPEC spot fixtures continued to increase in February, by 1.31 mb/d, to average 12.27 mb/d. This increase was supported by both eastbound and westbound sailings, ...|
|Austria >> 3/9/2012 - Product market sentiment turned bearish in February, following disappointing demand for middle distillates due to the weak economy and the mild winter in the Northern Hemisphere. Additionally, the con...|
|Austria >> 3/9/2012 - Non-OPEC|
Estimate for 2011
Non-OPEC oil supply is estimated to have increased slightly by 30 tb/d in 2011 from the previous year to average 52.34 mb/d, representing a downward ...
|Austria >> 3/9/2012 - World oil demand|
Given the dimmer world economic picture this year in comparison with last year, total oil demand growth is expected to remain at around the same level. However, risks rema...
|Austria >> 3/9/2012 - Industrialised countries|
The recovery in the US continues. The recently announced second release of the 4Q11 GDP number was revised up to 3.0% and 2.8% on an annualized basi...