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  1. Algerian Minister Dispels Doubt Over Upstream Plans

    ...anwhile, construction of the new 4.5mn tons/year train at Skikda, to replace those destroyed in an explosion in 2004 will start in June. The contract was awarded to the US engineering and construction company KBR in July 2007 (MEES, 16 July  2007), with an expected cost of $2.81bn, and will be ready in 2011...

    Volume: 51
    Issue: 05
    Published at Mon, 04 Feb 2008

  2. Dresdner Kleinwort Holds Brent Price Forecast At $70/B For 2008

    ...rlier forecast also saw Brent falling away to $45.50/B by 2011, but now the Brent price is expected to flatten out at around $60/B from 2009. One of the principal reasons why oil prices rose so sharply in 2007 was OPEC’s policy of undersupplying the market with the aim of tightening inventories in or...

    Volume: 51
    Issue: 05
    Published at Mon, 04 Feb 2008