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QatarEnergy To Take Over LNG Marketing Role
...naging Director (subsequently CEO) in 2014 (MEES, 19 September 2014). Mr Kaabi’s tenure has been characterized by three primary tenets – aggressive expansion, streamlining of operations and squeezing IOC partners. This latest initiative arguably facilitates all three and underlines the extent to wh...
Volume: 66Issue: 08Published at Fri, 24 Feb 2023 -
Saudi Arabia’s Oil Export Revenues Jump To Three Year High
...art 1), while the $64.2bn Q4 figure was the highest for any quarter since prices first collapsed in late 2014. The increase came despite Saudi Arabia’s crude oil production dipping by 100,000 b/d to an 11-year low of 9.12mn b/d for 2021, with gross oil exports in turn dropping to an 11-year low 7.56mn b/d ac...
Volume: 65Issue: 08Published at Fri, 25 Feb 2022 -
Saudi Reaps Rewards Of Downstream Investment
...erall trade surplus over the first 11 months of last year was $149.4bn, already $62bn more than over the whole of 2017. The full-year 2018 trade surplus will likely fall just shy of 2014’s $168.6bn. LOOKING AHEAD Saudi Arabia has cut production more deeply than mandated under the terms of...
Volume: 62Issue: 08Published at Fri, 22 Feb 2019 -
Algeria Eyes Refinery Bidders As Gasoline, Diesel Consumption Dips
...7,000 b/d of crude in 2016, according to official data provided to Jodi. This is the same volume as for 2015 and 2.7% down from peak throughput of 593,000 b/d in 2014. While Algeria’s total products consumption – which fell 2.2% to 403,000 b/d in 2016 from a record 412,000 b/d in 2015 – is significantly be...
Volume: 60Issue: 08Published at Fri, 24 Feb 2017 -
KRG Refining Down As Producers Prioritize Exports
...0,500 b/d in 2015, up slightly on 2014’s previous record of 99,700 b/d. But run rates fell to 72% for 2015 as a whole and averaged just 60% for the last four months of the year, down from an average of 80% for 2013 and 2014. The three plants’ total crude distillation capacity is 139,000 b/d split be...
Volume: 59Issue: 08Published at Fri, 26 Feb 2016