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OPEC+ Agrees to Oil Supply Boost after UAE, Saudi Compromise

2021-07-19 11:15:00| OGI

The group, which includes OPEC countries and allies like Russia, crucially agreed new production allocations from May 2022 after Saudi Arabia and others agreed to a request from the UAE.

Tags: supply oil saudi boost

 

Saudi Arabia, UAE Reach Compromise over OPEC+ Oil Policy: Report

2021-07-14 17:30:00| OGI

Saudi Arabia and the UAE are reported to have reached a compromise to unlock more oil supply after OPEC+ talks this month were abandoned due to a dispute between the two countries, says source.

Tags: policy report reach oil

 
 

OPEC+ Delays Meeting as UAE Objects to New Oil Deal

2021-07-01 21:00:00| OGI

OPEC+ sources earlier said the plan, on which top OPEC+ producers Saudi Arabia and Russia had reached a preliminary agreement, would see oil output rise by 400,000 bbl/d a month.

Tags: meeting deal oil objects

 

Biden pressures UAE to drop Huawei or potentially miss out on fighter jets

2021-06-11 02:00:00| Total Telecom industry news

The presidency of Donald Trump saw the US go on a major strategic charm offensive around the world, trying to see China’s Huawei excluded from national 5G networks on the grounds of national security. Coupled with ongoing sanctions against the Chinese vendor, this strategy quickly bore fruit in a number of markets and, while many governments refused to implement a complete ban, Huawei’s prospects dwindled in much of Europe. However, in the Middle East, convincing governments to abandon Huawei…read more on TotalTele.com »

Tags: miss drop potentially pressures

 

E&P Plus: Permian in the Middle East? UAE to Replicate US Shale Boom

2021-04-20 19:00:00| OGI

The UAEs unconventional resources show promising results, with production potential comparable to the most prolific North American shale plays.

Tags: us east middle middle east

 

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