1. Saudi Efforts To Cut Oil Burn Take Backwards Step In 2022

    ...e year, crude burn rose sharply in November and December. Crude burn increased by 48,000 b/d month-on-month to a December record of 477,000 b/d, smashing the previous record of 424,000 b/d from 2011 in the process. Meanwhile fuel oil burn dropped by 36,000 b/d for December.  Again, this shift to...

    Volume: 66
    Issue: 08
    Published at Fri, 24 Feb 2023
  2. Algeria’s Sonelgaz Eyes Foreign Loans To Bridge $10bn Funding Gap

    ...15. Former energy minister Youcef Yousfi announced a plan in 2011 calling for 22GW of renewables capacity by 2030. This included 13.6GW of solar photovoltaic capacity, 5GW of wind capacity and 2GW of concentrated solar power. A first phase of 6GW by 2024 was priced at AD1.31trillion ($12.21bn – ME...

    Volume: 59
    Issue: 08
    Published at Fri, 26 Feb 2016
  3. MENA Nuclear Plans Move Forward

    ...d not achieve nuclear-generated electricity until 2011 when Russia’s Atomstroyexport completed the much-delayed 1GW Bushehr plant. The plant has since been shut down for long periods for repairs, and now Bushehr is halted again. Plant manager Hossein Derakhshandeh told Iranian state media the plant sh...

    Volume: 57
    Issue: 08
    Published at Fri, 21 Feb 2014