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Nader Itayim | ‌‌نادر ایتیّم Profile
Nader Itayim | ‌‌نادر ایتیّم

@ncitayim

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Opec and Middle East energy and geopolitics at @ArgusMedia | #oott | Before at @MeesEnergy | Opinions my own | nader.itayim @argusmedia .com | @Arsenal @Memgrizz

دبي, الامارات العربية المتحدة
Joined June 2013
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
Footage of the massive explosion at #Beirut port a short while ago. It's truly frightening. #Lebanon
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇸🇦 #Saudi energy minister Prince Abdulaziz bin Salman: "When in our lifetimes have we seen refining margins of $47-50/bl... It tells you that there is no refining capacity commensurate with the current demand and expectation of demand this summer." #oott #mpgc2022
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
🇸🇦 #Saudi energy minister Prince Abdulaziz bin Salman at #SPIEF2021 #oott
@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
Decisive response by #Saudi energy minister Prince Abdulaziz to a question about whether the era of "oil production is over": "We're increasing our production capacity... And not only have we decided to do so, but I repeat that you might expect more of that to happen." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
@talkSPORT Oh for crying out loud, no. No he does not. The fans behind the goal were giving it to him throughout the game. He was giving a bit back. That's fine. That's a big part of what modern football is. Ramsdale has done nothing wrong here.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇬🇷🇮🇷 Iranian embassy in Athens today confirms: After intensive efforts to follow-up, the Greek Court of Appeals has overturned the initial ruling that allowed the confiscation [by the US] of Iranian oil... By god's grace, the entire cargo will be returned [to #Iran ]. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
#Opec + meeting done and dusted in a record 25 minutes. Last month we had a record 23 minute JMMC meeting. Opec+ - You're spoiling us. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
"Instead of I'm back, we'll say we are back. #Opec + has the opportunity today to become, collectively, the Schwarzenegger of international organization and activity" - #Saudi energy minister Prince Abdulaziz bin Salman at today's Opec+ meeting. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
#Kuwait 's oil minister confirms the #Opec + deal has been agreed and finalized: "We now announce the completion of the historic agreement to reduce output by approx 10mn b/d from members of "Opec+" starting from May 1, 2020." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
Taking the #Covid19 vaccine in the Middle East - Hilarious from Haval Pasha [ @havpash on IG and TikTok].
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇸🇦 #Saudi energy minister Prince Abdulaziz: "The world needs to wake up to an existing reality. The world is running out of energy capacity at all levels, including SPRs. This is a reality." #oott #Opec +
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🚨 "We think we need at least $520bn in investment each year just to hold [oil production] flat at 100mn b/d. Today, we are not even at $400bn - we're at $370bn." - @EnergyAspects ' Amrita Sen. #oott #Opec +
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
5 years
This is some picture! #UNGA
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
Awkward moment from Monday's meeting between 🇮🇷 #Iran 's oil minister Javad Owji and 🇻🇪 #Venezuela 's oil minister Tareck El Aissami in Caracas, via @KayhanLife #oott 🇻🇪: 😃 "Viva Iran!" 🇮🇷: 😃 "Viva Venezuela!" 🇮🇷: 😃 "Down with USA" 🇻🇪: 😬 "Don't say that" 🇮🇷🇻🇪: ✌️✌️
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇳🇬 Nigeria's oil minister warns there is no real capacity within #Opec + to keep hiking proudcfion. “If there's anything we can do to produce more, Opec will be the first to do so. But unfortunately, this capacity doesn’t exist in most countries” #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
Kremlin spokesman Dmitry Peskov says work "is underway now" with #Mexico to try to finalize consensus with Friday's #Opec + output cut deal. #oott #Russia .
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
WOW: 🇺🇸🇮🇷US President Joe Biden @POTUS is asked here if he can announce that the #JCPOA is dead. He says “it is dead - but we’re not going to announce it.” Guess what, big fella - you just announced it. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
[March 2020] Well, this feels like a lifetime ago. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
🇲🇦 These Moroccan football moms are the MVPs of this #WorldCup2022 . Hands down!
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇮🇷 Video purporting to be of aftershock following today’s #earthquake in Bandar Abbas on #Iran ’s southern coast. Man says: “look what the quake did to the mountains… another earthquake, it’s shaking the trucks and flattening the mountains.”
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
20 days
🇮🇷 #Iran 's state broadcaster in Isfahan this am: "The city is in complete calm and security, people are going on with their normal lives." "1-2 hours ago, sounds were heard in the sky. We understand several miniature UAVs were overhead, which were shot down." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
20 days
🇮🇷🇮🇱 Fascinating @Jerusalem_Post report on what happened in Isfahan this a.m. "Israeli official security and governmental sources told The Jerusalem Post Friday: "An eye for an eye, a tooth for a tooth. Israel retaliated where they were attacked.”
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
#Lebanon 's health minister says the massive explosion at #Beirut 's port area haas resulted in a "very high number of injuries."
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
5 months
WOW. 🇦🇴 #Angola 's oil minister announces that the country is LEAVING #Opec "The decision, duly considered, was taken at a session of the Council of Ministers, guided by the President of the Republic, João Lourenço." Comes weeks after the row over 2024 production targets. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇸🇦 #Saudi energy minister HRH Prince Abdulaziz bin Salman just announced the closure of the 23rd Opec-Non- #Opec meeting - delegates. #oott That was the December 2021 meeting was was kept "in session."
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
@ArtOfMikel @Gunnersc0m NO. THEY. HAVEN'T. We work to a model. To a plan. Not to get fleeced. Rightly so.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
Tough day on the #covid19 front in the #GCC today as #Saudi Arabia, #Qatar and #Oman all report record-high new case numbers: ▫️ Saudi Arabia: 2,039 | Total: 46,869 ▫️ Qatar: 1,733 | Total: 28,260 ▫️ Oman: 322 | Total: 4,341
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
#India Petroleum minister says gasoline consumption in India is today already 15pc above pre-Covid levels; and diesel 6-10pc above pre-Covid levels. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
And what a goal it was! Saudi Arabia 2 Argentina 1!
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
Director General of #Lebanon 's public security says the explosion at #Beirut port was not caused by a bomb, but by highly-explosive materials that were confiscated several years ago - @AJABreaking
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
#Saudi energy minister in response to a question whether Opec+ is using energy as a weapon with today's agreement to cut production targets by 2mn b/d: "Show me where is the act of belligerence." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
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Nader Itayim | ‌‌نادر ایتیّم
4 years
@OilSheppard I'm afraid Google has made that a lot more bullish than it actually is. Zanganeh says: #Mexico raised some reservations that it had on Thursday. But I hope once those reservations are taken into account, we can arrive at a final decision tonight. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
#Iran 's oil minister #Zanganeh says Gulf trio of #Saudi Arabia, the #UAE and #Kuwait have said they will voluntarily cut an additional 2mn b/d on top of their commitments under the #Opec + deal. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
5 years
Macron, at the conclusion of the G7 summit in Biarritz, France: "We hope in the next few weeks we can achieve that [Rohani-Trump] meeting. Our purpose is to ensure the stability of the region, and to ensure that #Iran should never have nuclear weapons." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
7 years
@Arsenal *anything. At this point I'd take anything...
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
With #Opec + today agreeing to cut 2mn b/d from current targets, we're talking about an effective cut of approx 900k b/d, give or take. Why? Because the cut would only impact those countries producing at or close to target: KSA, UAE, KUW, S SUD, ALG, GAB, IRQ and OMN. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
7 years
#Iran 🇮🇷 qualifies for #Russia2018 1st in Asia to qualify ✅ 3rd overall after Brazil + host Russia ✅ Qualify without conceding a goal ✅
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
8 months
NEW: 🇨🇳🇸🇦 Chinese imports of #Saudi crude are likely to rise strongly in Q4 as state-owned and private-sector firms step up purchases, and Aramco finalises a number of its partnerships with Chinese firms. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇸🇦 The #Saudi economy grew by 12.2pc year on year in the second quarter, according to the General Authority for Statistics, the highest quarterly growth rate for more than a decade. Growth supported by a 22.9pc year-on-year increase in oil activities. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
5 years
The #Iraqi delegation just got up and left the room halfway through the #Opec + JMMC press conference here in Jeddah. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
11 months
🇸🇦 #Saudi energy minister on way to the @OPECSecretariat : "You guys, enjoy your weekend - you have no idea what we'll decide." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
6 months
BREAKING: 🇰🇼 #Kuwait 's @kipicofficial says operations at the 615k b/d Al-Zour refinery have almost ground to a "complete halt" after an interruption in "fuel gas supplies" from @KocOfficial due to a faulty valve. Restart of operations to previous levels to take ~10 days. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
5 years
When a picture is worth a thousand words: #Iran 's oil minister Zanganeh sharing a word with the #Saudi oil minister al-Falih on the sidelines of today's #Opec meeting. It's all happy families at Opec #oott / @isna_farsi
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
😏 Perception vs reality #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
#Saudi energy minister Prince Abdulaziz bin Salman to #Iran 's Bijan Zanganeh: "our friendships last forever. I'm honored you call me a dear friend and I'd have to reciprocate by also saying I will continue to look at you and share this friendship until we are alive." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
With the utmost respect, no. Such an endeavor would require $100bn+ in investment at the very least. Probably much more. Even if sanctions were to be lifted, the appetite to invest in today's #Iran is simply not there atm. #oott
@DeItaone
*Walter Bloomberg
3 years
OIL MINISTER ZANGANEH SAYS IRAN'S OIL PRODUCTION CAN EASILY REACH 6.5 BPD WHEN U.S. SANCTIONS LIFTED
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
ICYMI: 🇺🇸🇸🇦 Rep. Tom Tiffany (R) demanded a hearing into whether the Biden admin tried to influence the outcome of the midterm election by asking #Saudi Arabia to push back an #Opec + plan to lower oil production quotas by one month. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇺🇸🇸🇦 The US complaining about the #Opec + decision because it hurts American interests is one thing. But repeatedly dictating to Saudi Arabia and Opec+ countries what is or is not "in their economic interest" is something entirely different... #oott
@staunovo
Giovanni Staunovo🛢
2 years
“What #OPEC + did this week was disappointing because we don’t think it was in their economic interest, or the economic interests of the rest of the world,” Deputy Treasury Secretary Adeyemo #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
Interestingly, #Lebanon 's Director General of public security Abbas Ibrahim also described the theory that fireworks were behind the #Beirut explosion as "ridiculous".
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
Sure, we now have this 10mn b/d #Opec + deal in place. Yes, ok, #Mexico ... But forgetting Mexico for a minute, a massive 2.5mn b/d of the cut is down to #Russia . The same Russia that has struggled so badly to deliver cuts of just 200k-300k b/d since January 2017. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇸🇦 #Saudi energy minister Prince Abdulaziz on the current spat with the US over energy/ #Opec + cut etc: "I think we, as Saudi Arabia, decided to be the more mature guys." #oott 🔥
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
🇸🇦 #Saudi energy minister Prince Abdulaziz: "The world was hoping to crucify us for being the largest liquids exporter in the world - we will deliver [on our targets] and now we want to hold the world accountable to us." #COP27 #SGIForum
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
WOW. #Iran 's men's national volleyball ball team (ranked 12th in the world) has just beaten #Poland (ranked 2nd) at the #Tokyo2020 Olympics. 🏐
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
NEW: 🇮🇷 #Iran 's oil minister has warned that the country could switch back to being a net gasoline and gasoil importer "within 2 to 3 years" if domestic consumption continues to grow at current rates. #oott 🔓
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
7 months
🇸🇦🇵🇸 #Saudi Crown Prince MBS: “The conditions must be created for the return of stability and achievement of lasting peace that ensures a just solution to establish a Palestinian state within 1967 borders to achieve security and prosperity for all." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
7 years
When you stop and think: #Opec has for almost 9 months been discussing a deal that would cut/ freeze oil output for... 6 months.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
6 years
Everyone continues to talk about quantity when discussing the impact of the loss of Iranian barrels from the market. But the bigger issue is quality: Simply put, it's not easy to replace the type of oil that #Iran produces. @rezaamanat #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇦🇪 #UAE energy minister al-Mazroeui: I think #Opec + will stay. #Russia is an important member, and leaving the politics aside, this volume is needed today. Unless someone is willing to bring 10mn b/d... we don't see how one can substitute Russia. #oott @AtlanticCouncil
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Nader Itayim | ‌‌نادر ایتیّم
10 months
🇸🇦🇷🇺 This is such a weird narrative. Yes, #Russia may be producing more that #Saudi in a certain month, but that's entirely manufactured. And a shift in power? Power comes from capacity. Ability to produce. Not production in any given month. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
20 days
🇮🇷🇮🇱 #Iran downplaying, denying and dismissing is a good thing. Potentially provides the de-escalatory off-ramp the region needs. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
Sorry, but this is just stupid.
@stillgray
Ian Miles Cheong
2 years
The first man in space, Russian cosmonaut Yuri Gagarin, has been stripped of his honours by the Space Foundation, which censored his name “in light of current world events.”
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
8 months
#Opec has responded to @IEA chief Fatih Birol's recent op-ed saying demand for fossil fuels is set to peak before 2030. Full statement in link: #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
9 months
🇮🇷 🇸🇦 This. This really is something.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
This is just a brilliant picture. 🇸🇸🇸🇦 A meeting between the Southern Sudanese foreign minister Mayiik Ayii Deng and a delegation headed by the Saudi ambassador to South Sudan, Ali bin Hassan Jaafar.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
Ali Abdezadeh, chief of #Iran 's civil aviation authority, tells @PressTV it is "not possible" that the Ukraine Int'l Airline jet that crashed in Iran yesterday was hit by a missile. Says Ukrainian team of experts is now in Tehran to investigate the incident.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
NEW: 🇮🇷 #Iran says it will export its first ever crude oil cargo from its new Jask oil terminal on Thursday [22 July]. This will be Iran's first crude export from outside the Mideast Gulf and beyond the Strait of Hormuz. Map credit: @AFP #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇺🇲🇸🇦 US President Joe Biden in response to a question about him meeting Saudi Crown Prince Mohamed bin Salman during his planned visit to the Kingdom in July: "I'm not going to meet with MbS. I'm going to an international meeting and he's going to be part of it." #oott 🤔
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
#Opec + to meet again today at 6pm Vienna time with full intention to finalise Friday's 10mn b/d cut agreement: sources #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
HISTORIC. 🇦🇷🇸🇦 #FIFAWorldCup
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Nader Itayim | ‌‌نادر ایتیّم
10 months
Interesting. 🇨🇾 #Cyprus is the ONLY country in Europe for which oil is the largest source of electricity generation. Thanks to @AzizSapphire for sharing the map. #oott
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Nader Itayim | ‌‌نادر ایتیّم
7 years
WOW - #Iran 's Under-17 national football team just THUMPED Germany 4-0 in the Under-17 World Cup. Future is bright! 🇮🇷
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Nader Itayim | ‌‌نادر ایتیّم
4 years
Literally NOTHING about this tweet is factual, yet it has been retweeted close to 6,000 times. Why @Twitter ?
@RoshanCricket
Roshan Abeysinghe
4 years
King of Bahrain arrives in Dubai with his robot bodyguard fitted 360 with cameras and in built pistols. Technology moving very fast than ever in history. Now politicians might order this too
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
6 months
Parallels made are understandable. But the world has changed. The region has changed. From what I have been told, there is no appetite for, and no interest in, any such thing among the Arab Gulf producers. Not something anyone is looking to repeat. #oott
@baldersdale
Andy Critchlow
6 months
Analysts dismiss likelihood of a 1973 style oil embargo but with all major Arab Gulf oil producers now calling for an immediate ceasefire in #Gaza how long before crude diplomacy is used? It’s the region’s only real political leverage.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
11 months
🇦🇪 #UAE energy minister confirms the new 2024 baseline is 200k b/d above previously baseline, allowing it to increase its production by that volume from the start of the year. He says although the baseline is closer now to capacity, it is still some way below it. #oott #Opec +
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇮🇷 Today, #Iran 's oil minister said the country was facing a 240mn cubic meters/day gas deficit last winter. The same Iran some keep saying could save Europe this winter if sanctions were to be lifted. But it cannot. Not now. And not without SIGNFICIANT investment first. #oott
@shananewsroom
Shana
2 years
وزیر نفت با بیان اینکه در مصرف گاز در بخش خانگی سالانه بیش از ۶ درصد با افزایش روبه‌رو هستیم، گفت: پارسال با ناترازی ۲۴۰ میلیون مترمکعب گاز زمستان را پشت سر گذاشتیم، امسال نیز برنامه‌های کوتاه‌مدتی برای سپری کردن فصل سرد سال طراحی شده است.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 months
Wow. @Aramco 's long-heralded plan to boost capacity to 13mn b/d is no more. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
6 months
🇮🇷 #Iran 's oil minister says crude output now at 3.4mn b/d, will reach 3.6mn b/d by the end of the current Iranian year (March 2024), and rise to 4mn b/d in the new year (March 2024-25). CONTEXT: Iran hasn't produced 4mn b/d for 20+ years, despite getting close in 2004-05 #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇫🇷 #France 's @TotalEnergies has decided to initiate legal proceedings against @Greenpeace to "repair the damage" caused by the "spreading of misleading information." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
#Opec secretary general says $12.1 trillion needed in oil investment between now and 2045 - more than $500bn each year - not only add capacity but fight natural decline. #oott @ADIPECOfficial
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
NEW: 🇨🇾 @exxonmobil and @qatar_energy have resumed drilling in block 10 offshore #Cyprus to appraise the “significant” discovery they made at the Glafcos 1 well in February 2019. Below a video of the start of drilling of the Glafcos 2 well. #oott #ongt
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🇮🇷🇷🇺 #Iran 's state oil company NIOC has signed an MOU with #Russia 's Gazprom covering cooperation on a host of Iranian oil and gas projects that Iran values at $40bn. 🚨 Important to say no actual investment, as yet. Just a [non-binding] commitment to do so in the future. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
10 months
After a slow start, 🇷🇺 #Russia appears to have delivered its 500k b/d voluntary cut in June, according to the secondary sources. #Opec + #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
NEW: #Opec + reaches a grand compromise. The group will boost its collective output by up to 400k b/d each month through end 2022. But, from May 2022 5 countries - KSA, RUS, UAE, IRQ, KUW - will have higher baselines to tune of 1.63mn b/d combined. #oott 🔓
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
🇦🇪 #UAE Minister of Industry and Advanced Technology and @AdnocGroup CEO Sultan al-Jaber: "The world has sleep-walked into the supply crunch." #energytransition #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
🇸🇦 @Aramco CEO: Oil and gas will continue to be part of the world's energy mix for the foreseeable future. We see industry capital investment being insufficient to meet demand, with much dedicated to projects with higher depletion, requiring still higher future investment. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
6 years
NEW: #Iran oil ministry's news agency Shana reporting that an NIOC tanker carrying Iranian condensate from the South Pars field to South Korea is on fire after colliding with a Chinese cargo ship approx 60 miles south of South Korea. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
3 years
Well, this is just all kinds of awesome. Or should I say, owlsome. via @DannyDutch
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
#Opec +: Today's decision is one to reduce the group's overall quota/ target. NOT production. Opec+ production in July was 2.9mn b/d BELOW target. So a 100k b/d reduction in quota does v little to impact physical vols. It really only reduces the gap/ shortfall. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
4 years
#Lebanon 's PM Hassan Diab has declared tomorrow, Wednesday, a national day of mourning for the victims of today's explosions at #Beirut port.
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
6 years
As Iranians, we should just take a minute and appreciate something we may well never see again: #IRN topping a group that includes #ESP and #POR 😉
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
1 year
🇮🇷🇷🇺🇨🇳 Interesting admission here by #Iran 's @IRNA_1313 : "Iran tried to keep its oil buyers after the sanctions, especially China... But, after the embargos were imposed on Russia, it offered oil to China at a lower price than Iran, and took part of Iran's market share." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
8 months
🇸🇦 With all the talk around the phase out or phase down of fossil fuels to reduce emissions, #Saudi energy minister Prince Abdulaziz has another idea - how about we also phase out cows? 🙃 #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
5 months
Important to wait for the details. Cut from what point, and by which countries. @ArgusMedia figures in October saw over-compliance of around 500k b/d from a handful of countries. Will the headline number include that? or be in addition. #oott
@FirstSquawk
First Squawk
5 months
OPEC+ TOTAL CUTS COULD APPROACH 2 MILLION BPD DEPENDING ON COUNTRIES' WILLINGNESS TO CONTRIBUTE -SOURCE
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
According to @Kapsarc , "a substantial increase in oil and gas investment is needed today to guarantee energy security from 2025 and beyond. The risk of facing oil and gas shortfalls rises significantly if upstream capex does not grow fast enough." #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
5 years
#Iran 's oil minister has: - Flown from Tehran to Vienna - Warned of Opec's demise - Met w/ Venz oil minister - Met w/ #Opec Sec Gen - Met w/ Russia's oil minister - Met w/ Iraqi oil minister - Met w/ Libya's NOC chairman ...and it's barely 2pm. #oott What did you do today?
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
🚨 Of the 10 Opec members that actively participate in the #Opec + deal [remember Iran, Venezuela and Libya are exempt], 5 DIRECTLY REPORTED TO OPEC a FALL in their crude output in Feb vs Jan. And of the remaining 5 that saw output RISE, 3 fell short of their targets. #oott
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@ncitayim
Nader Itayim | ‌‌نادر ایتیّم
2 years
Only because I'm still seeing a lot of inaccurate noise around this issue: 🇮🇷 🇺🇸 The US' decision last week to restore waivers on #Iran 's nuclear programme had NO impact on Iran's ability to sell its oil. Iran's oil sales are still very much under sanctions. #oott
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