KSA
Tawasul
Mubasher TV
 Contact Us Advertising   العربية
KSA
TDWL Open
28 January 02:08 PM

Oil and Energy

19 January 01:53 PM IEA lowers 2021 global oil demand outlook amid COVID-19
Global oil demand is forecast to recover by 5.5 million barrels per day (mb/d) to 96.6 mb/d in 2021.
Oil and Energy
16 November 2020 03:44 PM OPEC+ starts meetings to support oil market amid COVID-19
OPEC+, are holding meetings starting on Monday to highlight ways to support the oil market in 2021 amid the surge of Coronavirus (COVID-19) again.
Global Reports
12 November 2020 01:27 PM IEA says coronavirus vaccines unlikely to rescue oil market soon
The International Energy Agency said it does not expect the prospect of a coronavirus vaccine to significantly boost oil demand until well into next year.
Global Reports
2 November 2020 02:16 PM China may account for highest petrochemical capacity additions by 2030
The global petrochemical capacity is set to witness a 42% growth by 2030.
Global Reports
13 October 2020 05:08 PM OPEC lowers 2021 world oil demand forecast amid COVID-19
OPEC has cut its 2021 world oil demand growth forecast by 0.08 million barrels per day (bpd).
Oil and Energy
5 October 2020 04:28 PM Siemens, Macquarie units launch US distributed energy JV
Macquarie’s Green Investment Group (GIG) and Siemens’ Smart Infrastructure (SI) and Financial Services (SFS) are forming a new joint venture (JV) named Calibrant Energy.
Oil and Energy
30 September 2020 03:35 PM Shell plans up to 9K job cuts in low-carbon transition
Royal Dutch Shell on Wednesday said that it plans to cut up to 9,000 jobs, or over 10% of its workforce.
Global Reports
3 June 2020 05:30 PM Saudi Arabia, Russia near agreement to extend oil output cut
Saudi Arabia and Russia have reportedly agreed on a preliminary deal to extend the current crude oil output curbs for another month.
Global Reports
5 March 2020 06:23 PM OPEC raises crude output cuts
OPEC has extended output curbs and increased production cuts by an additional 1.5 million barrels per day (b/d) until 30 June 2020.
Global Reports
21 February 2020 07:32 PM Chinese solar industry may rebound in 2020
​​​​​​​Mubasher: The China Photovoltaic Industry Association (CPIA) expects the country’s new installations to reach a range between 35 and 45 gigawatts in 2020.
Oil and Energy
20 February 2020 05:28 PM Global LNG demand forecast to double by 2024 – Shell
Mubasher: Global demand for liquefied natural gas (LNG) is forecast to double to 700 million tonnes by 2040.
Global Markets brief
16 February 2020 00:13 AM Saudi Aramco changes frequency of fuel’s price review cycle
Riyadh – Mubasher: Saudi Aramco has changed the frequency of the price review cycle to be conducted monthly instead of quarterly, effective 16 February 2020.
Oil and Energy
15 February 2020 11:20 PM Omani crude oil output falls 1.26% MoM in January 2020
Mubasher: Oman’s daily production of crude oil and condensates declined by 1.26% month-on-month (MoM) to 958,270 barrels in January 2020.
Global Reports
6 February 2020 10:19 PM OPEC+ may propose more output cut as coronavirus impacts demand
Mubasher: OPEC+ JTC is set to propose a cut of 600,000 bpd in output, in response to the coronavirus’ impact on global energy demand.
Global Markets brief
6 February 2020 01:17 PM Total, India’s AGEL to form joint venture at $500m
Mubasher: Total is expanding its partnership with Adani Green Energy Limited (AGEL), India's largest privately-owned energy and infrastructure conglomerate.
Global Reports
31 January 2020 10:03 PM UK-EU hydrocarbon ties safe from post-Brexit storm
Mubasher: Brexit is not likely to have a major impact on the kingdom’s hydrocarbon ties with the EU, data and analytics company GlobalData said.
Global Markets brief
30 January 2020 06:22 PM Schneider Electric, Qbera Capital partner to support solar energy projects
Schneider Electric Solar Spain and Qbera Capital have entered into a strategic alliance to support solar energy growth across a number of markets
Global Reports
25 January 2020 07:23 PM Oil prices to soften in 2020 as geopolitical tension mitigated
Mubasher: Global oil prices are expected to decline during the first six months of 2020, according to a report released on Saturday by the NBK.
Global Reports
24 January 2020 06:48 PM Fear arises as Brexit impact on power sector still unclear
Mubasher: The UK’s power sector is drowning in uncertainty, as investors anticipating risks and impacts associated with the beginning of the post-Brexit era.
Global Reports
23 January 2020 06:19 PM Global hydrocarbon investments to focus on LNG in 2020
Mubasher: The final investment decisions (FIDs) in the oil and gas sector are expected to be focused on liquefied natural gas (LNG) projects during 2020.
Global Markets brief
22 January 2020 07:27 PM US’ Hilco Redevelopment Partners buys $240m refinery in Philadelphia
Mubasher: American real estate developer Hilco Redevelopment Partners has sealed a $240 million deal to buy the Philadelphia Energy Solutions oil refinery.
Oil and Energy
14 January 2020 09:55 PM OPEC+ may postpone March meeting to June
Mubasher: OPEC and its allies are expected to postpone an upcoming policy meeting from March to June, Reuters reported on Tuesday.
Global Markets brief
10 January 2020 11:19 PM Oil settles 52 cents lower on Friday
Mubasher: Oil futures fell at Friday’s settlement, plummeting 6.4% for the week.  
Oil and Energy
9 January 2020 08:22 PM Iran to lead Middle East in pipeline length additions
Mubasher: Iran is expected to top countries in the Middle East in terms of oil and gas new-build trunk/transmission pipeline length additions.
Global Markets brief
9 January 2020 05:59 PM Asia to comprise 50% in petrochemical growth by 2030 –GlobalData
Mubasher: In terms of capacity growth in the petrochemical industry between 2019 and 2030, Asia is forecast to lead globally.
Oil and Energy