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Iraqi Oil Output Plunges As Pressures Mount
...2014 2013 2012 2011 2010 CRUDE OUTPUT: Federal* 2,783 3,042 -259 3,356 2,...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
IRAQ: KEY OIL DATA (‘000 B/D)
...14 2013 2012 2011 2010 CRUDE OUTPUT: Federal* 2,783 3,042 -259 3,356 2,913 -21...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Israel Refiners Ramp Up Throughputs On Back Of Cut-Price KRG Barrels
...12 2011 REFINERY OUTPUT (‘000 B/D) 294.89 282.21 +12.7 +4.5 302.77 +8.4 +18.3 29...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
ISRAEL OIL PRODUCTS SUPPLY AND DEMAND FIGURES, 2014 (‘000 B/D)
...13 2012 2011 REFINERY OUTPUT (‘000 B/D) 294.89 282.21 +12.7 +4.5 302.77 +8.4 +18.3 29...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Naimi: Please Don’t Let Me Be Misunderstood
...owth of 820,000 b/d – down from 1.61mn b/d growth in 2014. This would represent the first fall in US output growth year on year since 2011. Saudi Arabia has held its oil output steady at around 9.6-9.7mn b/d and may have increased production to 9.9mn b/d recently, a GCC source says. It was not cl...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Risk Premium Returns As Saudi Strikes Yemen Rebels, Iran Confrontation Widens
...uthis to withdraw from San’a and allow the legitimate government to return was rejected. The crisis in Yemen, one of the world’s poorest countries, began in 2011 when peaceful anti-government protests led to the ouster of ‘Ali ‘Abd Allah Salih, the long-time Yemeni leader who stepped down but re...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Aramco International Drive Gathers Pace With Mufti Appointment
...em. And we want to use this transformation to help facilitate a globally competitive Saudi energy sector and a sustainable and diversified expansion of the kingdom’s economy.” A statement posted on the company website in May 2011 said the strategic review involved detailed assessment of global and re...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Egypt Outlines 2015-16 Budget Guidelines
...s increased to 25% of the overall budget needs to be trimmed, adding that this increase was the result of the introduction of the minimum wage in the public sector as of the current year, normal salary increases and requests for adjustments pending since 2011. ...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Qatar’s Spending Spree Set To Continue
...ioritization of projects, if state entities fail to do so. This decision, according to Mr Emadi, reflects the government’s commitment to press on with its sustained development drive, focusing on the implementation of major projects in health, education, infrastructure and transport under the 2011-16 na...
Volume: 58Issue: 13Published at Fri, 27 Mar 2015 -
Egypt Scrambles For Gas Supplies In Run-Up To Presidential Vote
...yptians, but unless they are curbed, the future president will struggle to grow the economy and keep energy supply in line with demand. Any leader that fails to deliver on economic growth and the supply of basic services will struggle to avert the popular discontent that swept Mr Mubarak from power in 2011....
Volume: 57Issue: 13Published at Fri, 28 Mar 2014 -
Saudi King Springs Surprise On Eve Of Obama Visit
...fluence and is able to sway decisions on output ceilings. However, it has acted unilaterally on several occasions to balance markets, in 2011 to make up for the loss of 1.5mn b/d of Libyan crude oil and then again in 2012, to replace the 1mn b/d decline in Iranian export volumes due to sanctions. Sa...
Volume: 57Issue: 13Published at Fri, 28 Mar 2014 -
Algeria Returns To Expansionary Budget In 2014
...ALGERIA Algeria Returns To Expansionary Budget In 2014 Algeria has adopted an expansionary budget for 2014 after cutting 2013 budgeted spending. But the projected 2014 spend is still well down on the bumper 2011 spend, when Algiers attempted to stave off calls for po...
Volume: 57Issue: 13Published at Fri, 28 Mar 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 101.28 99.30 99.25 100.68 94.81 97.54 105.73 98...
Volume: 57Issue: 13Published at Fri, 28 Mar 2014 -
Libya Taps ‘Emergency’ Power Units
...stalled and commissioned, six weeks after sites were confirmed in December. Two further units are expected to be operational by the end of March. All are dual fuel turbines, able to run on natural gas or diesel. Before Libya’s 2011 overthrow of former dictator Mu’ammar al-Qadhafi, the country had in...
Volume: 57Issue: 13Published at Fri, 28 Mar 2014 -
Oryx IPO Bid Reveals Controversial Wasit Oil Deals
...IRAQ Oryx IPO Bid Reveals Controversial Wasit Oil Deals Geneva-based independent Oryx Petroleum has signed three oil deals directly with the Wasit Provincial Government, bypassing the central Iraqi government in Baghdad. The 13deal was done back in December 2011. Rumors of the deal – an...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
‘New Eni’ Reduces North African Exposure
...versification' Having recently sold much of its downstream and services business, Eni will increase the share of its capital expenditure (capex) devoted to the upstream from 48% in 2011 and 54% for 2012 to 61% by 2016. However the North Africa share of the upstream total will fall from 23% for 2012 to 17% for 20...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
Benchmark Crudes, Saudi Arabia - Economic Data & Saudi Arabia Export Revenue
...OIL PRICES Benchmark Crude Prices* 28-Mar 18- 22 Mar 11- 15 Mar 13-Feb 13-Jan Q4 2012 Q3 2012 2012 2011 WTI 97.23 93.11 92.72 95...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
Sudans Readying For Southern Oil Restart
...id in Juba on 26 March. He said the producing oil companies in the South were currently in the process of resolving any remaining technical issues that could prevent the country from reclaiming its place among Africa’s key oil exporters. South Sudan seceded from Sudan in July 2011, ta...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
Yemen Offers 15 More Blocks
...men’s 2011 average production at 228,000 b/d, down 24% from the 2010 figure of 301,000 b/d, and off 50% from 455,000 b/d in 2001.) Sustained attacks on the country’s oil pipelines and power lines however have compromised government efforts thus far, prompting the authorities to launch a major of...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013 -
PetroTel Expands Oman Portfolio
...nistry of Oil and Gas (MOG) on 26 March, for a 100% working interest in Blocks 39 and 67, both of which were made available as part of a bid round in August 2010. With this acquisition, PetroTel brings its number of Omani assets to four, after winning the adjoining Blocks 17 and 40 in 2009 and 2011 re...
Volume: 56Issue: 13Published at Fri, 29 Mar 2013