- Sort by:
- Score
- Published ▼
-
New Adnoc Supremo Commits To 3.5mn b/d Output Target Amid Leadership Shakeup
...pect to see a slow but upward improvement in the medium term. Overall we think that 2016 and 2017 will be the years during which markets will start to rebalance.” But this optimism is not universally shared, with a number of variables in play that could dampen or reverse price gains (see p11). NEW FA...
Volume: 59Issue: 14Published at Fri, 08 Apr 2016 -
Mid-East LNG Demand‘A Driving Force’ In 2015
...lution. Whether this is realistic remains to be seen. Egypt hopes to call time on gas imports by 2020 following last year’s discovery of the 23 tcf Zohr offshore field – operator Eni plans first gas from late 2017, ramping up to 2.7bn cfd by 2019 (MEES, 25 March). But while this is substantially more th...
Volume: 59Issue: 14Published at Fri, 08 Apr 2016 -
OPEC Output Falls Ahead Of Meeting As UAE Outage Outweighs Iran Gains
...proaching balance is the director general of the Abu Dhabi National Oil Company (Adnoc) Sultan al-Jaber. He said this week that he expects prices to rise gradually and for the market to rebalance in 2016 and 2017 (see p2). However, there remain multiple variables that impact on this supply-demand dy...
Volume: 59Issue: 14Published at Fri, 08 Apr 2016 -
Petroceltic: Worldview Or Bust
...rly 2019:” the 2012-approved development plan had 2017 (MEES, 13 August 2012); the firm subsequently insisted 2018 was feasible (MEES, 1 May 2015). In fact the project’s delays, so far, have been modest for Algeria. If Worldview is sensible it will seek to keep hold of Petroceltic’s project ma...
Volume: 59Issue: 14Published at Fri, 08 Apr 2016 -
Saudi Crown Prince Plots $2,000bn Mega Wealth Fund
...uld likely happen in 2018, or even 2017, he says. The Aramco IPO and the transfer of its shares to the PIF will “technically make investments the source of Saudi government revenue not oil… within 20 years, we will be an economy or state that does not depend on oil,” he says Prince Muhammad, who al...
Volume: 59Issue: 14Published at Fri, 08 Apr 2016