- Sort by:
- Score
- Published ▼
-
Dubai’s Dragon Roars In To Egypt With BP Purchase
...r 2018, up on 2017’s 84,000 b/d: the firm aims to “maintain” output at “around 100,000 b/d” in the coming years. Enoc has released few figures since taking Dragon private in 2015, but an entitlement share in line with 2014’s 56% would net it 52,000 b/d from Cheleken for 2018. The firm’s only ot...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Opec Output Rises In May Ahead Of Latest Crunch Meeting
...2014’s $914bn (see chart). The Opec Basket aggregate of prices rose by 33% for 2018 to $69.78/B, while the group’s crude oil exports edged up from 24.66mn b/d to 24.67mn b/d. Products exports also rose, from 3.92mn b/d in 2017 to 4.71mn b/d last year. It is therefore something of a mystery ho...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Venezuela’s Extraordinary Drilling Exploits
...st 32 rigs, down from 49 the previous year. That number was 74 as recently as 2014. Yet Opec’s ASB shows that Venezuela led Opec in the number of wells completed last year. The South American country completed a massive 710 over the course of 2018, up from 478 the previous year, and well clear of No...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Oman’s 2019 Power Start-Ups Are Last Gas Burners In Project Pipeline
...gas in 2018, equalling its record consumption in 2015. While consumption for power generation has remained in the 8.0-8.3bcm/y range since 2014, the upstream rally has boosted LNG exports (see chart). Although Sohar-3 and Ibri IPP would require around 420mn cfd of gas to operate at full ca...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019 -
Algeria Cuts Deficit For 2018: Gains Will Likely Prove Short-Lived
...Algeria notched up a $10.5bn deficit for 2018, the tenth in a row, though the lowest since oil prices crashed in the second half of 2014. But the numbers have taken a turn for the worse this year. And political instability presents a further downside risk. Freshly released financial stats fr...
Volume: 62Issue: 23Published at Fri, 07 Jun 2019