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Egypt Cancels Summer In Bid To Avoid Power Cuts
...b-15 Jan-15 Dec-14 J-F-15 vsJ-F-14 vs2014 2014 2013 2012 2011 2010 20...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
EGYPT OFFICIAL JAN-FEB 2015 CRUDE & OIL PRODUCTS OUTPUT & DEMAND (‘000 B/D)
...14 2013 2012 2011 2010 2009 CRUDE OIL: Production* 679 670 687 67...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
Oman’s LNG Strategy Hinges On New Supplies, Production
...fferent ownerships and contracts. OMAN LNG EXPORTS (MN T/Y) OMAN: KEY GAS AND REVENUE STATS 2010 2011 2012 2013 2014 2015 Ga...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
OPEC Takes Revenue Hits But Stays Course On Output
...iefing in Washington DC. Prices averaged $100-110/B between January 2011 and August 2014 but have averaged around $55/B for Brent since the start of 2015. “The $380bn is almost a little short of a fifth of the size of their economies, a substantial amount for those countries. And similarly, for their bu...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
Firms Face Up To Mounting Libya Write-Offs
...LIBYA Firms Face Up To Mounting Libya Write-Offs The past year has seen a significant downturn in output for oil companies operating in Libya, with several firms recording their worst year since the toppling of Mu’ammar al-Qadhafi in 2011, and others deciding to write-off expenses fr...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
Chinese Q1 2015 Crude Imports (‘000 B/D)
...7 +2.8 +0.6 +1.0 61.3 58.2 60.7 62.3 60.4 63.6 *SOUTH SUDAN BECAME INDEPENDENT IN JULY 2011 BUT WAS STILL IN...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
Us Petroleum Imports, Exports, Demand (‘000 B/D)
...1Q14 4Q14 3Q14 2014 2013 2012 2011 2010 CRUDE OIL IMPORTS 7,396 7,242 7,...
Volume: 58Issue: 17Published at Fri, 24 Apr 2015 -
Egypt Pledges To Pay $1bn To International Oil & Gas Firms
...the tumultuous period that followed the toppling of President Mubarak in February 2011, deteriorating state finances and frequent changes to the political leadership meant that the funding of the energy sector was left neglected. By failing to pay up, the government discouraged IOC investment in...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Algeria: Politics Unchanged, Oil & Gas ‘Must Do Better’
...cline in recent years; export volumes are being squeezed further by rising domestic demand. Crude production declined from 1.25mn b/d in January 2011 to 1.14mn b/d three years later, according to MEES estimates. And according to latest figures from the International Gas Union – of which Algeria is a me...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Iranian Oil Exports Take Nosedive In Sign Of Things To Come
...cific duo of Japan and South Korea, which each cut their purchases by more than 70% versus relatively high February levels. Both countries have cut imports sharply since sanctions tightened in mid-2012: Japan’s 2013 imports were 143,000 b/d down on 2011 and Korea’s 98,000 b/d. South Korea imported 71...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Tunisia: Oil Output Down On Political Delays
...cense to December 2014 (sic) “is pending formal ratification.” BG Tunisia Output (Net) 2010 2011 2012 2013 Oil (‘00...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Saudi Tankers Merger Gets Green Light
...hri’s 107 VLCC voyages in 2011 were 45% Middle East Gulf to East Asia, 30% Middle East Gulf to the US, and 25% West Africa to East Asia. “This means Bahri will have a large portion of spare VLCC capacity to deploy on the Middle East-Europe and US routes, once it completes the purchase,” said Audi Capital....
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Saudi Direct Crude Burn Plan Can Only Work Short-Term, Says FGE
...s upstream section and may not start production until 2016. Saudi Peak* Direct Crude Burning (‘000 B/D) Saudi Oil Use For Power Generation (‘000 B/D) 2009 2010 2011 20...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Syria: Between A Rock And A Hard Place
...test the waters, and could resort to larger shipments in future. Syria’s revolution started in March 2011 with mainly peaceful demonstrations. Army deserters established the moderate Free Syrian Army, a grouping of militias that remains splintered. Islamist militias followed. Both the Free Sy...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 101.94 103.97 102.75 100.48 100.68 98.56 97.54 98...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Saudi Data Analysis: Oil Exports Hit 11-Year High To Top 8.5mn B/D In February After Satorp Start-Up
...SAUDI ARABIA Feb-14 Jan-14 J-F ‘14 vs J-F’13 Dec-13 Nov-13 2013 vs ‘12 2012 2011 2010 2009 Crude Production (Official) 9,850 9,...
Volume: 57Issue: 17Published at Fri, 25 Apr 2014 -
Iran Targets New Buyers For Its Crude
...24 April, quoting official sources. This was down from the previous year’s figure of 18.1mn tons (362,000 b/d). This plunge, PTI said, meant Iran is now India’s sixth largest supplier of crude in 2012-13, behind Saudi Arabia, Iraq, Venezuela, Kuwait and the UAE. In 2011-12, Iran was the third la...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Shell’s ‘New Lenses’ Offer Kaleidoscopic Vision
...ansmission projects of the ‘Desertec’ variety (MEES, 14 November 2011) “given the difficulty of high-level international policy coordination”. Mix And Match Kaleidoscope This highlights one of the drawbacks of Shell’s approach. Of course it is understandable that for the sake of simplicity the ma...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Total Sees Partnerships, Technology, Exploration Driving Growth
...gionally and globally, in a bid to drive production from 2.3mn boe/d in 2012 to its targeted 3mn boe/d by 2017. The group’s expected Middle East production of around 550,000 boe/d this year is slightly down on 2011’s 570,000 boe/d. Privately officials concede that the region’s operating environment is cu...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Benchmark Crude Prices/Saudi Arabia Crude Production
...OIL PRICES Benchmark Crude Prices* 25-Apr 15- 19 Apr 08- 12 Apr 13-Mar 13-Feb Q1 2013 Q4 2012 2012 2011 WTI 93.64 87...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013