Saudi Oil Plant Attacked by Drones But Production Unaffected - Bloomberg:
Drones attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia but failed to disrupt production, the kingdom’s Oil Minister Khalid Al-Falih said.
Saudi Arabian Oil Co., or Aramco as the company is known, extinguished a small fire at a natural gas liquids plant at Shaybah on Saturday morning, it said in a statement. There were no casualties and oil operations were not interrupted by the incident.
“We will provide further details as they become available,” the company said.
Saturday 17 August 2019
#AbuDhabi ADX achieves 97% disclosure compliance in Q2 2019 | ZAWYA MENA Edition
Abu Dhabi ADX achieves 97% disclosure compliance in Q2 2019 | ZAWYA MENA Edition:
Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 97 per cent regarding the disclosure of the 2nd quarter financial statements 2019 of its listed public joint stock companies, domestic and foreign, within the deadline of 45 days from the end of the financial period.
Some 62 out of 64, local and foreign, public listed companies disclosed their 2nd Quarter financial statements for 2019 within the 45 days period given.
The Energy Sector witnessed an increase in profit with 20.41 per cent, followed by the Services Sector with a profit increase of 18.72 per cent.
Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 97 per cent regarding the disclosure of the 2nd quarter financial statements 2019 of its listed public joint stock companies, domestic and foreign, within the deadline of 45 days from the end of the financial period.
Some 62 out of 64, local and foreign, public listed companies disclosed their 2nd Quarter financial statements for 2019 within the 45 days period given.
The Energy Sector witnessed an increase in profit with 20.41 per cent, followed by the Services Sector with a profit increase of 18.72 per cent.
U.S. Oil Export Race Rages Even as One Project Makes Leap - Bloomberg
U.S. Oil Export Race Rages Even as One Project Makes Leap - Bloomberg:
The race to develop oil terminals that can fully load supertankers on the U.S. Gulf Coast remains congested, even as one of North America’s largest pipeline operators decided to push its project ahead.
Over a year, more than 10 projects have been proposed for terminals that, combined, will be able to load 8 million barrels a day onto very large crude carriers, or VLCCs. While they all not be needed, the companies planning the facilities continue to move forward.
Enterprise Products Partners LP was first to announce a final investment decision on its Sea Port Oil Terminal late last month, and last week the company said it expects to receive regulatory approval in the first half of 2020, followed by two years of construction. In the meantime, Energy Transfer LP said last week it was advancing talks on its terminal and Tallgrass Energy LP is holding discussions on its project.
The race to develop oil terminals that can fully load supertankers on the U.S. Gulf Coast remains congested, even as one of North America’s largest pipeline operators decided to push its project ahead.
Over a year, more than 10 projects have been proposed for terminals that, combined, will be able to load 8 million barrels a day onto very large crude carriers, or VLCCs. While they all not be needed, the companies planning the facilities continue to move forward.
Enterprise Products Partners LP was first to announce a final investment decision on its Sea Port Oil Terminal late last month, and last week the company said it expects to receive regulatory approval in the first half of 2020, followed by two years of construction. In the meantime, Energy Transfer LP said last week it was advancing talks on its terminal and Tallgrass Energy LP is holding discussions on its project.
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