Pledge

Pledge

PRODUCT & SERVICES

Oil surges as Opec members stick to output pledge

January 4, 2017

Oil futures edged higher on Wednesday rebounding from the prior day s sharp selloff on signs that major oil producers are sticking to their pledge to cut output. February West Texas Intermediate crude... View more

Global oil giants pledge $1bn to fund low-carbon technology

November 5, 2016

Global oil giant Saudi Aramco has joined world s biggest oil companies in the pledge to invest an average of 100 million annually over the next 10 years in low-carbon technologies. The Oil and Gas Cli... View more

Saudis pledge to keep oil flowing

September 21, 2009

SAUDI Arabia s Minister of Petroleum and Mineral Resources Ali Al-Naimi reaffirms that Saudi Arabia is committed to the availability of petroleum to global markets especially for developing and emergi... View more

Japan gets LNG pledge

May 27, 2007

Qatar has pledged to continue supplying Japan with LNG and oil at a mutually acceptable price after Japan s Prime Minister Shinzo Abe visited the Gulf state. Abe travelled to the Middle East to raise ... View more

$5bn investment pledge by Qatar

May 2, 2006

Qatar s oil minister said his country is investing 5 billion to boost oil production to 1.1 million barrels per day by 2009. In Qatar the smallest oil producer in Opec we are putting a lot of effort a... View more

Qatar wants demand pledge

April 16, 2006

If the world s oil consumers want Opec to produce more oil they must guarantee demand and they need to build more refineries to refine the extra crude Qatar s oil minister said. It is very costly to b... View more

Dolphin wins $3.5bn pledge

July 17, 2005

The UAE-based Dolphin Energy said it has secured around 3.5 billion in financing from local and international banks for its gas project. The Dolphin gas project aims to pump an initial two billion cub... View more

Petron export pledge

May 15, 2005

Petron the Philippines largest oil refiner said it aims to double its oil exports this year to 20 per cent of total sales from last year s 10 per cent. Petron president Khalid Al Faddagh said the prop... View more

Japan wins supply pledge

May 7, 2005

Russia s state-run pipeline monopoly tried to ease Japanese concerns that the first stage of a crude pipeline from Siberia to Russia s Pacific Coast would deprive the energy-hungry nation of needed oi... View more

Total makes 1.1bn Indonesia pledge

March 3, 2003

Oil and gas contractor TotalFinaElf said it would spend around 1.1 billion in Indonesia this year compared with around 900 million in 2002. This is a big investment to maintain natural gas production ... View more

Norway keeps pledge to Opec with Hydro cutback

May 6, 2002

Norwegian group Norsk Hydro has cut oil output by 12 000 barrels of oil equivalents per day (boed) in the first quarter to meet Norway s commitment to Opec. The company which reported a bigger-than-ex... View more

UAE projects prove pledge to green ideal

November 19, 2001

Abu Dhabi National Oil Company (Adnoc) has long been recognised as a pioneer in the field of environmentalÊprotection and an offshore project earlier this year has reinforced this reputation. Adnoc su... View more

Saudi Bea in pledge to offer top quality

June 4, 2001

Saudi Bea Fasteners Manufacturing Co. Ltd is a dedicated superior quality producer of studbolts and fasteners specifically catering to the high end of the market. The Bea Group is Italian-based and ha... View more

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