OPEC’s oil output has seen a marginal increase in November, compared to October 2015, according to a Reuters survey
Industry
Saudi Aramco launches Detroit centre for global fuels programme
Saudi Arabian energy and chemicals company Saudi Aramco has launched its research and development centre in Michigan, Detroit
Lower crude production in KSA and Iraq hits OPEC output
Oil production from Organization of the Petroleum Exporting Countries (OPEC) totalled 31.08mn bpd in October, down 120,000 bpd from September this year, and the lowest level since May, Platts survey revealed
Future Energy Forum to launch next year, seeks membership
Beginning 2016, founders of The Iraq Club will officially launch the Future Energy Forum (FEF), an exclusive business-focused community connecting a senior network of leaders specifically engaged in the development of emerging energy markets
Saudi Aramco and Hyundai Heavy Industries sign MoU for new business opportunities
Saudi Aramco and Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MoU) to collaborate on business development opportunities in the Kingdom of Saudi Arabia