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Mar 19
JEDDAH – Saudi Aramco and Petrochina are to be honored as refining & energy companies of the year at the 23rd annual presentation of Hart Energy Publishings Refining & Energy Company of the Year Awards that will take place Wednesday (March 24) at the Sheraton Phoenix Hotel in Phoenix, Arizona.
Accepting the award on behalf of Saudi Aramco will be Dawood M. Al-Dawood, vice president for Marketing, Supply, and Joint Venture Coordination, Saudi Aramco.
Tagged as: Advanced Research Center, Arizona, Athabasca Oil Sands Corp., Beijing, biofuels, CNPC, Dawood M. Al-Dawood, Director, Dover, energy operations, Energy Publishings Refining & Energy Company, energy sectors, energy security, energy;, executive vice president, Exploration and Petroleum Engineering Center, Frederick L. Potter, Hart Energy Publishing LP, Harts Executive, JEDDAH, MacKay River, Nippon Oil Corps Osaka, Nippon Oil Corps Osaka refinery, oil field;, oil production capacity, oil;, PDVSA, Petrochina Company Ltd., Phoenix, Qian Jinhua, Research and Development Center, Saudi Aramco, Science and Technology Management Division, senior director, Sheraton Phoenix Hotel, Singapore Petroleum Company Limited, state energy, state oil, state-of-the art computer technology, USD;, vice president for marketing -
Moscow throws down the gauntlet to OPEC
Filed under NewsJan 3As a New Year begins with renewed hopes, aspirations and indeed fears, competition seems focusing on Asia China to be specific. Voices in the US, clamoring to diversify away from the energy rich Gulf as far as possible, for their energy needs, have been gaining strength in recent months and years. And with Europe too endeavoring, one way or the other, to look for sources other than Russia, a battle to grab optimal share of the growing Chinese pie seems intensifying. As geo-political considerations continue to play the usual big role in the selection of energy supplier(s), Moscow seems focused on developing infrastructure that could provide it long-term customers and security. What more can a supplier ask for?
Russia is already a major player. It has played its cards rather deftly in recent years. At times it tends to play to both the tunes cooperation and competition with the OPEC (Organization of the Petroleum Exporting Countries).
Tagged as: Al Troner, Asia Pacific Energy Consulting, Asia-Pacific, Asia;, built infrastructure, Chess, China;, CNPC, East Siberian-Pacific Ocean, East Siberian-Pacific Ocean pipeline, energy chess board, energy exports, energy infrastructure, energy needs, energy-hungry economic giant, energy;, Europe;, Gulf OPEC, high oil prices;, Igor Sechin, imported oil, increase oil exports, Japan, MIddle East;, Moscow, neighbors pipeline systems, New Year's Day, Nikolai Tokarev, oil deliveries, oil export terminal, oil fields, oil pipeline operator, oil supplies, oil;, Organization of Petroleum-Exporting Countries;, port of Kozmino, Premier, President, Prime Minister, Riyadh, Rosneft, RUB, Russia;, Russias deputy Prime Minister, Saudi Arabia, South Korea;, state energy, Taishet-Skovorodino pipeline, Transneft, United States;, USD;, Vladimir Putin -
Russia unveils Siberia oil export route to Asia
Filed under NewsDec 29MOSCOW – Prime Minister Vladimir Putin launched Russias long-awaited Siberian oil export route Monday, giving energy-hungry Asia a new supply source from the worlds largest crude exporter seeking to diversify its client base away from Europe.
Putin, clad in a heavy winter parka, pushed a button that initiated the first filling of an oil tanker bound for Hong Kong at a new oil terminal near the Russian Pacific port of Nakhodka, the projected terminus of the new Siberian oil pipeline.
Tagged as: Amur, analyst, Asia;, chief strategist, China;, Chris Weafer, CNPC, energy;, Europe;, former Soviet Union, Kozmino oil port, Kozmino port, Moscow, Moscow University, Nikolai Tokarev, oil export route, oil fields, oil group, oil pipeline, oil pipeline monopoly, oil port, oil tanker, oil terminal, oil;, Organization of Petroleum-Exporting Countries;, Pacific ocean, port of Kozmino, President, Prime Minister, Rosneft, RUB, Russia;, Russian Pacific port of Nakhodka, Saudi Arabia, Soviet Union, Transneft, Transneft president, Uralsib Bank, USD;, Vladimir Putin, worlds top world oil exporter -
Iraq to double oil supply to China
Filed under NewsDec 23LUANDA/BEIJING: Iraq will more than double crude oil supplies to China next year to over 300,000 barrels per day, Iraqs oil minister said, as Chinese refineries boost output to new highs to feed strong recovery in demand.
Iraqi oil minister Hussain Al-Shahristani told Reuters the supply target on Tuesday on the sidelines of an OPEC meeting in Luanda.
Tagged as: Angola, Assem Jihad, Beijing, Beijing-based marketing executive, China;, Chinaoil, Chinas National Petroleum Corp., CNPC, crude state oil trader, defense conglomerate, double crude oil supplies, double oil supply, energy group;, Hussain Al-Shahristani, Iraq;, Iraqs oil minister, Islamic Republic of Iran;, little-known Beijing-based oil trader, little-known Beijing-based oil trader affiliated, LUANDA, lucrative oil fields, NORINCO, oil consumer, oil demand;, oil field;, oil firms, Oil Minister, Oil Ministry, oil production, oil trader, oil;, Organization of Petroleum-Exporting Countries;, Reuters;, Saudi Arabia, Sinochem, spokesman, state oil, trader, Unipec, USD;, Zhenhua Oil -
Asian firms tie energy future to Iraqi oil
Filed under NewsDec 14BAGHDAD – Asian firms Petronas and CNPC made aggressive bids to become major players in the international energy market by snatching up contracts for Iraqs oil fields at an auction over the weekend.
The Malaysian and Chinese companies, both massive state-owned firms but not yet household names worldwide, were part of consortiums that won four of the seven contracts handed out by the Iraqi government to develop its oil sector. Their success in striking deals contrasted starkly with the absence of US firms from the bidding process – only one bid on any of the 10 fields on offer in the two-day auction included an American company, and that was unsuccessful.
Tagged as: Alex Munton, Baghdad;, CNPC, energy future, energy market, energy security, foreign energy, founder and editor, Halfaya, Iraq;, Iraqi government, Middle East analyst, Middle East analyst for research group, MIddle East;, oil field;, oil fields, Oil India, oil majors, oil sector, oil;, ONGC, Petronas, research group, Ruba Husari, Shell, United States;, Wood Mackenzie, www.iraqoilforum.com -
Iraq eyes new oil platforms export boost
Filed under NewsNov 27BASRA – Iraq aims to install four new floating oil terminals and three new undersea oil pipelines that will boost export capacity to 8 million barrels per day from a current 1.9 million bpd, a top oil official said.
Dhiya Jaafar, current chief of Iraqs South Oil Co. (SOC), which oversees the bulk of exports from the countrys vast oil reserves, on Wednesday told Reuters work should be completed on the new terminals and pipelines in the second half of 2011.
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