Energy MENA Edition
Latest News
World's first underground nuclear waste storage moves forward in Finland
Finland's government has already granted a construction licence for the above-ground encapsulation plant
Kaztransoil agrees tainted oil compensation deal with Transneft
Transneft had proposed the mechanism to make it easier to work out compensation due to Kaztransoil for oil that was loaded from the Baltic port of Ust-Luga.
Middle East Crude-Benchmarks rebound; Basra Heavy premium falls
Middle East crude benchmarks rebounded on Tuesday
Saudi Aramco concerned over Gulf attacks, has capacity to meet demand: CEO
Recent tanker attacks in the Gulf have raised fears about safety of one of the world's key shipping routes and pushed up oil prices
Oman’s refinery production rises as demand for M95 surges
Total production of M95 rose by whooping 14% in the first five months of 2019
Nawah signs up KHNP for UAE nuke plant maintenance
KHNP is a subsidiary of Kepco, Enec JV partner and prime contractor for the Barakah Nuclear Energy Plant
California’s green-power glut has a silver lining
The cost of producing solar power has dropped by more than 80% over the past decade, according to the Department of Energy
France wants EDF to sell more nuclear power to rivals, price could increase
EDF's rivals could get more nuclear power
Iran's oil exports slide further in June
Iran has nonetheless sent abroad about 300,000 bpd of crude in the first three weeks of June
Russia's Novak says it is too early to say if oil cuts will be extended
Novak said oil demand in the third and fourth quarters of this year was still unclear.
Insights
California’s green-power glut has a silver lining
The cost of producing solar power has dropped by more than 80% over the past decade, according to the Department of Energy
Hedge funds pause oil sales as Mideast tensions rise: Kemp
Hedge fund liquidation of petroleum futures and options positions stalled last week
OPEC's market share is in long-term decline: Kemp
OPEC's share of global production fell to just 41.5% last year
