Tag: support
-
Oil prices are rising with the support of the Russian crisis… and “Brent” is near $75
Oil prices began trading today, Tuesday, June 27 (2023), with an increase, supported by concerns about political instability in Russia and potential supply disruptions, as well as hopes for a recovery in US demand before the summer season. The political situation in Moscow stabilized after the armed mercenaries withdrew from the city of Rostov in…
-
Jordan Petroleum Refinery shares rise with the support of the “Fourth Expansion” project
The Jordan Petroleum Refinery rose by more than 1% during trading today, Wednesday, June 21 (2023), supported by progress in the fourth expansion project, which will raise the refinery’s capacity to 120,000 barrels per day. The fourth expansion project – in addition to raising the refinery’s capacity – aims to improve air quality in Jordan,…
-
Visit of the President of Iran to Venezuela.. Do you support energy relations? (article)
Read in this article Iran and Venezuela are two oil-rich countries with a troubled history with the United States Iran and Venezuela share business initiatives to enhance bilateral relations in the energy industry US sanctions significantly impede Iran and Venezuela’s access to international markets Iran and Venezuela have mostly focused on oil and gas cooperation…
-
10 tenders to support oil production in Kuwait to 3 million barrels per day
Aiming to boost Kuwait’s oil production to 3 million barrels per day by 2025, up from 2.8 million barrels per day now, the Gulf state’s oil sector is preparing bids worth more than $700 million. Today, Sunday, June 18 (2023), the CEO of the Kuwait Oil Company, Ahmed Jaber Al-Aidan, announced his country’s commitment to…
-
Shell allocates $15 billion to support low carbon energy solutions
Anglo-Dutch Shell seeks to advance its plans to reduce emissions from its operations, along with achieving increased returns for shareholders through a balanced energy transition; The company is working to reduce emissions from its operations and from the fuels and other energy products it sells to customers, in order to move toward its goal of…
-
Crude oil prices rise with the support of the “debt deal”… and Brent exceeds $77
Crude oil prices rose today, Monday, May 29, 2023, after US President Joe Biden and House Speaker Kevin McCarthy reached a preliminary agreement on the debt ceiling in the United States, which would protect the country with the largest economy in the world and the largest consumer. oil globally, from faltering. Although benchmark Brent crude…
-
Do new deals support Saudi Aramco shares in the upcoming sessions?
Saudi Aramco’s stock recorded a marginal decline – the first in 7 consecutive sessions – during trading today, Monday, on the Saudi Stock Exchange. The decline came despite Aramco announcing huge deals to increase its investments in the refining and petrochemical sector in China, the world’s largest oil importer. During the past 24 hours, Saudi…
-
Aramco President: We support Chinese energy security through 3 main strategies
The CEO of Saudi Aramco, Amin Al-Nasser, announced that the oil giant has affirmed its support for China’s long-term energy security and development. Al-Nasser said, before the China Development Forum today, Sunday, March 26 (2023), that the company has partnerships and technologies to reduce emissions with China to produce low-carbon products. Al-Nasser also indicated that…
-
He went to invest the gas fields in Iraq to support the power stations
As part of the ongoing efforts to solve the electricity crisis, the gas fields in Iraq are witnessing a government tendency to invest in them and support the continuity of their work. In joint statements, Iraqi Oil Minister Hayan Abdul-Ghani and Electricity Minister Ziyad Ali Fadel confirmed today, Wednesday, March 22, 2023, the directives of…
-
Does the Saudi-Iranian agreement support cooperation in the field of energy? (article)
Read in this article • Saudi Arabia plans to invest in Iran’s energy infrastructure • Iran relies heavily on oil and gas as a primary source of income • Investment in Iran can happen quickly when diplomatic relations between the two countries are normalized • Saudi Arabia does not wish to enter into a conflict…
