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Abu Dhabi Restructures Energy Sector
...erations (ADCO), now administered by ADNOC, following the expiry of the concessions held by foreign partners. His predecessor, Yousuf bin ‘Umair, was chairman and CEO of ADNOC and was known to be close to Shaikh Khalifa. He retired in June 2011 and Mr Suwaidi was appointed Director General and took over Mr ‘Um...
Volume: 57Issue: 12Published at Fri, 21 Mar 2014 -
Suez Canal Traffic Data, 2013
...Suez Canal Traffic Data, 2013 2013 Change vs 2012 2012 2011 2010 2009 2008 20...
Volume: 57Issue: 12Published at Fri, 21 Mar 2014 -
GCC Petchems: Innovation Needed
...rth $97.3bn, 2% of the global figure, but GCC producers spent a mere $380mn on R&D, “just 0.8% of global R&D spending,” the GPCA says. However this 2012 spend was 30% up on $266mn for 2011, while global petrochemicals R&D spending increased 10% year on year. GCC petrochemicals firms have st...
Volume: 57Issue: 12Published at Fri, 21 Mar 2014 -
OPEC Annual Data Special
...06 2007 2008 2009 2010 2011 2012 2013 Saudi Arabia 8.49 8.62 9....
Volume: 57Issue: 12Published at Fri, 21 Mar 2014 -
Iran Nuclear Talks Resume In Shadow Of Rising Crude Exports
...d condensate have been on a downward trajectory since early 2012. US sanctions targeting third-party imports of Iranian crude came into effect in late 2011 and EU sanctions from July 2012. For 2013, sales of Iranian crude oil and condensate averaged 1.12mn b/d, down 30% from 1.59mn b/d in 2012; and 56...
Volume: 57Issue: 12Published at Fri, 21 Mar 2014 -
RWE-Dea Sold To Russian Investor Group
...ncessions in Libya, which remain undeveloped (see table). Dea’s regional portfolio would have meshed well with Wintershall’s Libyan assets, which yielded 100,000 b/d before the 2011 civil war plunged the country’s oil sector into disarray. Wintershall, a subsidiary of German chemicals company BASF, is al...
Volume: 57Issue: 12Published at Fri, 21 Mar 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 98.90 99.25 102.77 100.68 94.81 97.54 105.73 98...
Volume: 57Issue: 12Published at Fri, 21 Mar 2014