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Opec Revenues Set For 2022 Windfall After 2021 Turnaround
...ectrum lie the many Opec members which are struggling to keep up. One example is Algeria, where state oil firm Sonatrach says it is expecting around $50bn in hydrocarbon revenues for 2022. MEES estimates Algeria will earn around $38bn from oil exports alone, up 65% on last year. In 2011, Al...
Volume: 65Issue: 26Published at Fri, 01 Jul 2022 -
Syria Oil-For-Aid Initiative: Can It Gain Traction?
...London-based independent Gulfsands has had zero production since 2011. With the firm’s sole assets frozen in Syria, it is trying to drum up interest in an oil-for-aid program that would see itself and other foreign producers return to their fields. The Syrian state’s share of proceeds from th...
Volume: 65Issue: 26Published at Fri, 01 Jul 2022