- Sort by:
- Score
- Published ▼
-
Iran Tensions Cast Shadow Over IEF Meeting
...continued. According to MEES calculations there has been some loss of Iranian production, with estimated February output of 3.46mn b/d down on the 2011 average of 3.59mn b/d. Production losses are only part of the issue. “It is costing twice as much to get anything done. Drilling, oil services, fi...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
Sonatrach In $6.6Bn Windfall Tax Resolution With Anadarko And Maersk
...8 6.6 For Comparison: 2011 TPE In...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
Noble Confirms Cyprus Resource, Assessing Site For Proposed LNG Plant
...kes reports. Noble Energy has reconfirmed its resource estimate for the December 2011 discovery at Cyprus’s Block 12 A-1 well at 7 tcf (198 bcm) following the release of an independent estimate by consultants Netherland Sewell and Associates (NSAI) in early March that put reserves at 5.1 tc...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
Kuwait Burns Crude, Turns To Renewables, To Meet Fuel Challenge
...ntracts are $14-14.7/mn BTU and rise with oil prices. In a research note Bloomberg New Energy Finance said that the cheapest PV power plant in 2010 could be built at $3.14/w. In its model a 1gw PV plant built in 2011 over 20 years was competitive against real oil prices rising from $80/B to $12...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
Bahrain Chaos Raises Specter Of Capital Flight
...vernment to disburse DB1,000 ($2,600) to each of Bahrain’s 136,000 households, and increased social spending in its 2011 budget (MEES, 21 February), but political disenfranchisement is at the crux of the matter, rather than the abject poverty seen in countries like Egypt and Yemen. Thus, as a result th...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Qatar To Supply Extra LNG to Japan
...cording to Energy Security Analysis, Inc (ESAI), the 2011 catastrophe could result in Japan importing an extra 5mn t/y of LNG. Only one of Japan’s 23 LNG terminals were reportedly affected by the disaster, so Japan could immediately start importing 5mn t/y of LNG if needed. Suppliers are preparing to...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
OPEC Firms Up Near Term Projected Demand For Its Crude
...r OPEC’s big Middle East Gulf exporters. “World economic growth remains robust and continuing improvements have led to improved growth expectations for 2011, which have been adjusted 0.1% higher to 4.0%,” the report predicted. “The main reason for the upward revision is healthy growth in the de...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Turkey Looks To Investment And Exploration, Mulls Southern Corridor Options
...ring 2011 the company would gather a further 5,000 km of 2D seismic in addition to the large amount that it has already acquired. Mr Aydemir declined to comment on the success rate of the wells drilled so far, but added that he believed that the cost of exploration and drilling would ultimately pr...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Greece And Italy Promote ITGI Gas Pipeline As Best Start To Southern Corridor
...t underway in 2011. Mr Sachinis said that the IGB project – priced at $145mn – will be more cost effective than other projects proposed to carry gas to Southeast Europe, as each billion cu ms of capacity will translate into a cost of around $30mn. He also noted that the ITGI and IGB projects can mo...
Volume: 53Issue: 12Published at Mon, 22 Mar 2010 -
Algeria To Spend $63Bn On Energy Projects Over The Next Five Years
...March at the cost of around $3bn, Dr Khelil said. Eni is developing the block, since acquiring the Canadian operator First Calgary Petroleum in September last year, and said at the time of the acquisition that production was due to begin in 2011. The contract for the Gassi Touil surface in...
Volume: 52Issue: 12Published at Mon, 23 Mar 2009