Energy MENA Edition
Latest News
China state utility, independent gas firm jointly build east China pipeline - report
The pipeline is likely to be operational by the end of October 2019
Kuwait Petroleum Corp seeks LNG cargo for late March delivery: sources
The cargo is for March 29 to 30 delivery
Iran self-sufficient in gasoline, oil minister tells state TV
OPEC member Iran has for years struggled to meet its domestic fuel needs
Indian Oil signs first annual deal for U.S. oil
Term deal to help IOC diversify away from OPEC suppliers
Indian oil refiner BPCL buys gasoline cargo for March in rare move
Both sources said strong demand and low gasoline prices amid a glut of the fuel likely prompted the refiner to import.
Energy group Total buys French plastics recycling firm Synova
Synova produces around 20,000 tonnes of high-grade polypropylene from recycled plastics for car manufacturers.
Middle East Crude Benchmarks fall; little impact from Saudi outage
Middle East crude benchmarks Dubai and Oman eased on Monday
Qatar Petroleum signs initial deals to boost local energy industry
Qatar Petroleum will sign contracts on Monday with General Electric, Schlumberger, Mcdermott, and Qatar's Nakilat $2.47bln
Indian Oil signs first annual deal to buy up to 3mln T U.S. oil
State-run IOC had previously purchased U.S. oil from spot markets
Indonesian presidential hopefuls vow energy self-sufficiency through palm
Indonesia has been pushing for all diesel fuel used in the country
Insights
Saudi-Pakistan refinery project fuels new era of cooperation
With a population that now exceeds 200mln, Pakistan’s demand for oil-related products is forecast to rise by 80% by 2022
Hedge funds accelerate oil buying: Kemp
Investors bought crude oil futures and options at the fastest rate for almost six month
Asia's crude oil refiners are caught between Trump and OPEC: Russell
Asia's oil refiners are increasingly finding themselves trapped between OPEC's production cuts and the hard place of U.S. President Donald Trump's sanctions against Iran and Venezuela.
