- Sort by:
- Score
- Published ▼
-
Khartoum Gets Involved In Southern Sudanese Conflict
...eaking away from one another in July 2011, the economic futures of Sudan and its neighbor to the South are still very much linked – none more so by way of their oil industries. South Sudan is still dependent on the North for its oil export pipeline, as it remains the only existing and viable route by wh...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
IOCs Welcome New Egyptian Bid Round As Sign Of Progress
...2010 for North El Mahala Centurion N El Fayrouz Offshore North Sinai 2,280 9 2011 for North El Fayrouz Offshore Tharwa N Po...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Petroceltic Focuses On North Africa As Investment And Production are Set To Slump
...ined three new concessions in Egypt with the finalization of awards from 2012 EGAS and 2011 EGPC bidding late last year (two blocks and one block, respectively – all in partnership with other firms), more than tripling its exploration acreage in the country. The business outlook for Egypt improved ma...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
KRG Finalizes Marketing For End-January Independent Crude Exports
...red to the KRG due to the more attractive terms on offer when compared to the low returns of Baghdad’s long-term service contracts. ExxonMobil, which signed PSCs with the KRG for six blocks in 2011 despite the threat of expulsion from southern Iraq, has started drilling operations at its Pirmam bl...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
OPEC Output Recovers In December On Gulf Boosts
...nce September 2011 – when the country was still wracked by post-revolutionary turmoil. Protests at a number of Libya’s main oil fields and terminals continued throughout last month, severely disrupting supplies and keeping production at well below the near the 1.5mn b/d Libya was pumping earlier this ye...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Egypt Eases Forex Rules
...fect. It supersedes other circulars issued since the 2011 revolution which restricted transfers abroad to a maximum of $100,000 once in a life time only, on account of “the situation in the country.” The new circular will no doubt help Egyptians in acquiring their foreign exchange needs. But the av...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Oman’s 2014 Budget Aims To Curb State Expenditure
...tal budget revenue and 6% of GDP. The government appears to be calling an end to its sharp post-Arab Spring spending increases (as seen in the 2011, 2012 and 2013 budgets – see table), which Oman and other GCC countries instigated in an attempt to nip unrest in the bud. $85/B Oil Price As...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Nine Approaches To Counter The Emergence Of Unconventional Oil
...an to increase crude oil exports in order to maintain revenues. In 2012, total world oil supply exceeded demand by approximately 1mn b/d compared with 200,000 b/d in 2011. Based on currently available data, the surplus in crude oil supply will continue to grow, and the disparity between oil supply an...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 91.66 96.78 99.50 97.91 93.85 97.54 105.73 98...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014