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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 -
International Oil Market Developments
...vements, which led to the suspension or huge reduction of exports from countries such as Egypt, Syria, Yemen and even Tunisia. Moreover, conflict between Sudan and South Sudan led to suspension of the latter’s exports. • The tsunami, which hit Japan in March 2011 led to the shutdown of most Ja...
Volume: 56Issue: 17Published at Fri, 26 Apr 2013 -
Oil Markets In 2012: Calm Or Turbulent Waters?
...e imposition of sanctions and embargoes may still result in a large loss of Iranian output. In December 2011, the US Congress passed a new bill that will apply sanctions to all financial institutions engaging in direct dealings with Iran’s Central Bank – the recipient of Iranian oil export pa...
Volume: 55Issue: 17Published at Mon, 23 Apr 2012 -
Stirring The Blends
...2 1,099 2009 634 562 975 2010 528 510 850 2011 451 463 745 2012 364 389 618 Table 2 Cargoes Per Year Forties Flotta To...
Volume: 50Issue: 17Published at Mon, 23 Apr 2007