- Sort by:
- Score
- Published ▼
-
Benchmark Crude Prices/Iraqi Crude Exports and Revenues
...OIL PRICES Benchmark Crude Prices* 9-May 29 Apr - 3 May 22- 26 Apr Apr-13 Mar-13 Q1 2013 Q4 2012 2012 2011 WTI 96.39 93...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
South Sudan Brings Largest Oil Field Back Online
...oduction at the field has begun at around half the levels seen in late 2011, Dar Petroleum chief Joseph Potdung said. “Within a month we should be reaching 165,000 b/d to 180,000 b/d, and we would expect to reach the level…we were [at] before the shutdown by early next year.” While these ti...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
OMV Output Up On Yemen, Libya Stability
...a result of a more stable environment in both countries following the upheavals of the ‘Arab Spring’ in 2011 and 2012, the company said. Production in the first three months of 2013 was up just 1,000 boe/d from the previous quarter’s average, but 1% up on the corresponding quarter in 20...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Oman Reviewing Electricity Policy, Targeting Efficiency
...ectricity Intensity (Megawatt-hours per user account) 2005 2011 % Change Residential 12.8 16.3 27 Industrial 1,561.50 4,074.90 161 Co...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Libya ‘Mob Rule’ Sounds Investment Alarm
...byan oil veteran. The contrast could not be sharper with the optimism generated by the oil industry’s Phoenix-like rebirth from the 2011 civil war. Confounding outside commentators, Libyan oil professionals managed to bring output from almost zero in August 2011 to over 1mn b/d in just five mo...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
North African Oil Investors Head For The Exits
...vestment. But both BG and Hess’ exit plans pre-date the In Amenas slaughter, MEES understands. Prior to In Amenas, Algiers had been planning to hold a new upstream bidding round this year, its first since March 2011. If this goes ahead, the round will be a key litmus test of whether the country ha...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Poland’s Kulczyk Buys Winstar
...t). The company also has exploration acreage in Syria (Block 9, under force majeure), Romania and Brunei. The addition of 11.2mn boe reserves (2P) from the Winstar acquisition more than doubles the Polish firm’s existing reserves. Although Tunisian output remained relatively steady in 2011 de...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Cairo Reinstates IMF Loan Negotiator
...oducts alone stood at an estimated $1.3bn for the fiscal year 2012-13, up from $1.1bn in 2011-12, according former oil minister Usama Kamal....
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Kuwait Grants $215Mn For Jordan LNG Terminal
...abia and the UAE, with each of the four countries providing $1.25bn. The fund was set up in December 2011 in the wake of the Arab Spring and its resources are to be disbursed over a five-year period (MEES, 12 April). The first agreement covers a $65mn grant to be used to help part-finance an LN...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Total Sees Multi-Billion Dollar Solar Opportunity
...cently the world’s largest producer of solar panels, Suntech Holdings, filed for bankruptcy in March. BP withdrew from solar in late 2011. Shell, while it still has solar interests through associate firm Showa Shell (including a joint venture with Saudi Aramco to make solar cells in Saudi Arabia, an...
Volume: 56Issue: 19Published at Fri, 10 May 2013 -
Yemen’s 2012 Budget Raises Social Spending To Offset 2011’s Economic Decline
...MEN Yemen’s 2012 Budget Raises Social Spending To Offset 2011’s Economic Decline The Yemeni government has unveiled a record budget for 2012 aimed at stimulating the economy, which has shrunk as a result of the political turmoil in the country last year. After the Arab Spring, the political cl...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
Energy Equities: Petchems Help Saudi Market Post Multi-Year High
...st of the company’s plants from 19 January to 9 February. It started commercial operations on 1 October 2011 at its $10bn-plus petrochemical plant and said that the mega-complex, which will produce 4mn tons/year of petrochemical and chemical products, is expected to take time to improve performance an...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
Japan’s Crude Imports Rise 9.25% In March To 4.209Mn B/D
...853mn b/d and an increase of 11.28% over the February 2011 crude import figure of 3.783mn b/d. March imports from the Middle East averaged 3.452mn b/d, up by 7.72% from the February average of 3.205mn b/d but only 0.44% above the year-on-year average of 3.437mn b /d in March 2011. Saudi Arabia continues to be...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
Saudi LPG Prices Respond To Slow Propane Demand, Support For Butane
...n 740.00 735.00 2011 1 Jan 935.00 920.00 2012 1 Jan 850.00 91...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
Crude Oil Formulas/Posted Prices ($/B)
...L PRICES/OPEC Crude Oil Formulas/Posted Prices ($/B) Algeria (Dated Brent + / - Adjustment Factor; $/B) 2012 2011 May Ap...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
Anadarko Gets Algerian Boost, El Merk Delayed
...gerian production dipping to 50,000 b/d, from 55,000 b/d for the first quarter 2011 (see table and graph). Higher oil prices mean the firm received a lower share of production due to the terms of the company’s production sharing contract (PSC) for Block 404a, which it operates, despite gross production ri...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
IMF Says Bahrain’s Political Unrest Reduces GDP Growth To 2% In 2011
...hrain IMF Says Bahrain’s Political Unrest Reduces GDP Growth To 2% In 2011 Real GDP growth in Bahrain in 2011 is expected to reach about 2%, down from 4.1% in 2010, according to the International Monetary Fund (IMF) in its latest Article IV consultation with Bahrain. Disruptions caused by protests du...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
MOL To Sell Nabucco Shares, BEH Uncertain Over Project’s Future
...e only company that has expressed interest in joining Nabucco of late (MEES, 10 October 2011). It is unlikely that Bayerngas would join Nabucco before 16 May. In related news, Bulgaria’s BEH has also expressed doubts about the feasibility of Nabucco. At a press conference in Baku on 28 Ap...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
Eni ‘In Good Shape’ For Kashagan Start-Up
...tober 2011). ...
Volume: 55Issue: 19Published at Mon, 07 May 2012 -
TPAO Begins Drilling Well In Northern Cyprus
...ptember a concession by the Turkish-Cypriot administration to explore for hydrocarbons within the 40% of the island that has been occupied by Turkish forces since 1974 and was also awarded a number of offshore concessions encompassing most of the island (MEES, 5 December 2011). The move followed the start of...
Volume: 55Issue: 19Published at Mon, 07 May 2012