- Sort by:
- Score
- Published ▼
-
Aramco Awards Bring Forward Shaybah 1Mn B/D Target To 2016
...crement Project is part of the ongoing Shaybah NGL Recovery Program mega-development – intended to process 4bn cfd of gas to produce 240,000 b/d of ethane (MEES, 4 June 2012). This includes nine other major contracts that are under way, to be completed by the end of 2014, Aramco says. While the Sh...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Kurdish Oil Heads North But Not Yet To Sea
...G capital Erbil. Repsol has conducted a significant 2D seismic acquisition program which identified a number of drilling targets. Drilling operations began on the Zewe-1 exploration well in November 2013 and drilling in Qala Dze is expected in the early part of 2014, Maersk says. The Danish co...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Refiners Plan ‘Too Much CDU Capacity, Not Enough Conversion
...be delayed until [the planned giant 615,000 b/d] Al-Zour is completed,” says Mr Fathi. Al-Zour contracts may be awarded in 2014, he adds. Iraq’s capacity utilization is “not more than 70%” with light product imports over 100,000 b/d, but the long-planned expansion has made little progress: “Ev...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Jordan Pushes Shale And Wind In Quest For Diversity
...ES, 18 October 2013); a 146mw gas-fired plant at Zarqa for start-up soon and a 143MW expansion of Samra III gas-fired plant for 2015 (MEES, 9 November 2012); and a 573MW tri-fuel plant at al-Manakher for early 2014 (MEES, 19 October 2012). ...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
OPEC Raises Up World Oil Demand Forecasts
...OPEC OPEC, in its latest oil market commentary, has edged up its world oil demand forecasts for both 2013 and 2014, citing positive developments in the OECD economies of both Europe and North America. Still, the producer group does not expect this to translate into increased demand for it...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Donors Pledge $2.4Bn Syrian Aid
...raise some $6.5bn for 2014 in order to provide medical care, food water and shelter for both refugees having fled Syria and civilians within Syria. The Secretary General noted that when the donors met a year ago 4mn Syrians needed aid, and that a year later the world is facing a regional and a hu...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
Iran’s Indicators Improve As Sanctions Relief Approaches
...e real inflation rate to be much higher, the trend is clearly down. President Rohani said in November that his government is targeting a fall to 35% by the end of the Persian year on 20 March 2014; and to 25% a year later. The World Bank’s latest figure is 43% (for y/e October 2013). Un...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014 -
World Bank Ups Global Growth Prospects, MENA In The Doldrums
...REGIONAL The World Bank has nudged up its global growth prediction for 2014. For MENA, a relatively healthy oil-fueled performance for GCC countries masks a sharp fall in growth projections for the region’s developing economies. In its latest twice-yearly Global Economic Prospects, re...
Volume: 57Issue: 03Published at Fri, 17 Jan 2014