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  1. Saudi Arabia Gas: New Facilities, Greater Flexibility

    ...RIL ('000 B/D) PRESUMES ALL FUEL OIL BURNT IN POWER PLANTS (SOME IS USED AS INDUSTRIAL & BUNKER FUEL). SOURCE: JODI, MEES.   3: SAUDI ARABIA SALES GAS OUTPUT HAS BEEN CONSISTENTLY CLIMBING YEAR-ON-YEAR (BN CFD) CONVERTED FROM BTU TO CFD UNTIL 2011. SOURCE: SAUDI ARAMCO, ME...

    Volume: 63
    Issue: 26
    Published at Fri, 26 Jun 2020

  2. US Rigs Fall To New Low

    ...cord 76%. Of the latest fall, half (five) were in the Permian, leaving the total for the key Texas/New Mexico shale basin at 132, level with the April 2016 nadir as the low point in data since 2011. Permian drilling has actually been more resilient than elsewhere – all other key basins had already hi...

    Volume: 63
    Issue: 26
    Published at Fri, 26 Jun 2020

  3. Oman Feels The Pain As Export Revenues Plummet

    ...onomic outlook. A succession of six sizeable annual deficits since the 2014 price crash has gradually pushed-up Oman’s debt levels, and another substantial rise this year seems inescapable (see chart 2). Current spending jumped in 2011 as Oman sought to ride out ‘Arab Spring’ protests through higher pu...

    Volume: 63
    Issue: 26
    Published at Fri, 26 Jun 2020