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  1. Libya: Oil Output, Revenue Losses Mount

    ...untry and have been shut in since the declaration of force majeure at Ras Lanuf and Hariga ports. NOC pegs lost Agoco output at 300,000 b/d, although this is likely an overstatement given chronic power problems have dogged output at the key Mesla and Sarir fields ever since Libya’s 2011 revolution. Za...

    Volume: 61
    Issue: 27
    Published at Fri, 06 Jul 2018

  2. Abu Dhabi Streamlining Creates $135bn Energy Fund With Global Reach

    ...rgest investments is Spanish firm CEPSA, which it has wholly owned since 2011. Primarily a refining company with three refineries totaling 528,000 b/d of capacity (and actual 2015 throughputs of 434,000 b/d)it lurched to a $1.15bn loss in 2015, more than twice the $465mn loss the previous year. Of 2015 ne...

    Volume: 59
    Issue: 27
    Published at Fri, 08 Jul 2016

  3. Gulf Independents Upbeat On Egypt, Despite Unrest

    ...pear set to post record figures for the second quarter - Kuwait Energy’s focus on Egypt has not been without its problems. The company was owed $164mn by cash-strapped state firm Egyptian General Petroleum Corporation (EGPC) as of the end of 2012, up from $131mn at the end of 2011. The firm says it has st...

    Volume: 56
    Issue: 27
    Published at Fri, 05 Jul 2013