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Kurdish Oil Heads North But Not Yet To Sea
...aq to help us sustain the target production level beyond 2020,” Maersk Oil CEO Jakob Thomasen says. Maersk has been present in the KRG’s Sarsang block since 2011 with its 30% shareholding of HKN Energy. Exploration activity still dominates the scene in the north, though 2014 is expected to be...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Jordan Pushes Shale And Wind In Quest For Diversity
...barak overthrow of 2011, as the country has been massively reliant on expensive oil imports to fuel its rapidly-growing power demand ever since (see graphs). The Energy Ministry is studying an electricity tariff proposal from Attarat Power (Apco), a joint venture of Estonia’s Enefit, Malaysia’s YTL Po...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
OPEC Raises Up World Oil Demand Forecasts
....46mn b/d in November. This compares with a MEES estimate of 29.82mn b/d. World Oil Demand & Call On OPEC OPEC Projections Of Global Supply-Demand Balance (Mn B/D) Annual 2008 2009 2010 2011...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Egypt: Sisi In The Wings As Arab Spring Challenges Remain Center Stage
...re voting for a new constitution, the third in three years. Since the demonstrations in Tahrir Square ushered in the end of Husni Mubarak in February 2011 the country has been in turmoil, and its population has repeatedly been asked to choose or legitimize a successor regime. With no improvements to...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Tunisian Democracy Faces Economic Headwinds
...nuary 2011 ouster. But tensions have since risen with the assassination of two opposition politicians at the hands of radical Islamists, and the party was accused of tacit support for religious hardliners. After months of tense negotiations, Mr Larayedh agreed to step down, and his ministers will be re...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Zawiya Ups Libya Exports
...lonel Gaddafi from power in 2011. Output recovered remarkably quickly in the aftermath of the conflict, and briefly touched pre-war levels before the strikes at terminals and oil fields shut in the bulk of oil production from July 2013. Libya’s key eastern export terminals remain shut, with strikers lo...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
World Bank Ups Global Growth Prospects, MENA In The Doldrums
...owth Forecasts (% Market Prices) *2000-09 2010 2011 2012 2013 2014 2015 2016 Wo...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Benchmark Crude Prices
...13 2013 2012 2011 WTI 93.96 92.76 96.78 97.91 93.85 97.54 10...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014