Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
“We talked again about cooperation in OPEC+,” Russian news agencies quoted Kremlin spokesman Dmitry Peskov as saying. “The parties agree that our countries bear a major responsibility for the negotiations to maintain the international energy market at a reasonable level, in a stable, predictable state,” Peskov said. Saudi Arabia and Russia are the world’s two […]
Despite US sanctions, Iranian crude exports have increased significantly this year, offsetting some of Riyadh and Moscow’s voluntary cut of 1.3 million barrels per day (bpd). Pro-Hamas Iran has denied any involvement in the group’s attack on Israel. US Treasury Secretary Janet Yellen said on Wednesday she had nothing yet to announce about whether the […]
In July 2023, the actual production volume of these countries was 22.6 million barrels per day, which is 2.816 million barrels per day less than the level set by the OPEC+ agreement. The OPEC+ deal parameters do not meet voluntary oil production cuts to be undertaken by some OPEC and non-OPEC countries from May 2023 […]
The New York Times reported that ConocoPhillips has held a lease on the potential drilling site for more than two decades and that administration lawyers argued that denying a permit would trigger a lawsuit that could cost the government up to $5 billion. . So, from a legal perspective, the Biden administration could not afford […]
Saudi Arabia 500,000 barrels per day, Iraq 211,000, the United Arab Emirates 144,000, Kuwait 128,000, Algeria 48,000 and Oman 40,000, each country announced. The cuts ignore calls from the United States to raise production as consumption rises and China, the world’s biggest oil consumer, reopens after its Covid shutdown. “As world economies recover, we will […]
Aramco said in a statement that the deal stipulates the supply of 480,000 barrels per day of Arab crude oil “under a long-term sales agreement” with Rongsheng. “This announcement reflects Aramco’s long-term commitment to China and confidence in the fundamentals of the Chinese petrochemicals sector,” said Mohammed Al Qahtani, Vice President of Aramco. “This is […]
Poole Harbor Commissioners (PHC) said the leak occurred on a pipeline operated by French-British company Perenco. In a press release, Perenco UK described the leak as “limited”, and said it was “working closely with the relevant authorities and a clean-up operation is underway”. “A full investigation will be launched to determine exactly what happened at […]
Russia announced on Tuesday it was cutting oil production by 500,000 barrels per day until the end of June, a response to Western sanctions that were due to expire at the end of March. “According to the current market situation, the decision to voluntarily reduce production by 500,000 barrels per day will remain in force […]
She said that they are currently building 100 economic zones across the country and offered land in economic zones to India, “I want Indian investors to invest in economic zones.” The Prime Minister thanked the Government of India and its people for extending unconditional support to Bangladesh during the Liberation War in 1971, as well […]
