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Palestine Moves Forward With Onshore Oil Bid Round Amid Difficult Politics
...ile the Meged-5 well initially produced about 800 b/d when it came online in 2011, it averaged just 400 b/d over its first two years. The geology is challenging for a small operator with low technical capabilities like Givot Olam, as the carbonate rock containing the targeted reservoir is poor; co...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
Petro Rabigh, Chemanol Restart Offline Units
...rivatives – for an undisclosed period in 2015 for testing and inspection. This will be the plant’s second such shutdown since 2011, although the company says a five-year interval is typical for the industry. Petro Rabigh was hit last year by two utilities outages that necessitated repair and maintenance work on...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
Egypt: A Revolution Undone
...EGYPT Egypt: A Revolution Undone This week’s mass death sentences against political opponents have made it obvious that the army has reversed the course set by the 2011 revolution. But the military leadership has inherited the problems that ended Mubarak’s rule, and it is cr...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 99.42 102.02 103.97 102.02 100.48 98.56 97.54 98...
Volume: 57Issue: 18Published at Fri, 02 May 2014