1. IEA: US Shale To Sideline OPEC Going Forward

    ...rgely unchanged from the previous MTOMR, with the 2017 estimate trimmed by just 95,000 b/d on account of marginally lower than expected 2013 demand and slightly weaker expectations of economic growth. Demand growth is projected to average 1.1mn b/d per year over the coming five years for a total in...

    Volume: 56
    Issue: 20
    Published at Fri, 17 May 2013
  2. IEA Sees Middle East Refiners Adding 2.5Mn B/D Of Capacity In 2013-18

    ...ant at Yanbu’, originally slated for 2014 completion, is now “scheduled for 2017-18.”   Elsewhere, the region’s largest capacity addition will be in the UAE, where a new 420,000 b/d refinery at Ruwais is due online in 2015. “This high-conversion project,” says the report, “will process heavy re...

    Volume: 56
    Issue: 20
    Published at Fri, 17 May 2013
  3. Jordan Testing Interest In Waste-To-Energy Projects

    ...ES, 11 January). Six companies have recently submitted bids to build a 500mw oil shale power plant, with construction to begin in 2014 for start-up by 2017. The Kuwait Fund for Arab Economic Development (KFAED) is providing $150mn funding for a 65mw wind farm in Ma’an governorate (MEES, 10 May), wh...

    Volume: 56
    Issue: 20
    Published at Fri, 17 May 2013