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Iran Retaliates Against Tightening Sanctions By Threatening To Block Hormuz
...ude oil exports in 2011 were approximately 2.5mn b/d and have dropped to roughly 1.5mn b/d, which in real terms means almost $8bn in lost revenues every quarter. On 11 June Washington granted exemptions to India, South Korea, Turkey, Taiwan, South Africa, Sri Lanka and Malaysia for 180 days (MEES, 18 Ju...
Volume: 55Issue: 28Published at Mon, 09 Jul 2012 -
Libya’s Exploration Record Offers Challenge For New Government
...ological and geophysical study" (2011 annual report). Pertamina's Libyan assets were evaluated as part of a 2011 company-wide audit. CNPC Area 17 (Block 4), offshore (Sabratah Basin). 28.5 6....
Volume: 55Issue: 28Published at Mon, 09 Jul 2012 -
Shell, Baghdad Poised For Gas Breakthrough
...,000 b/d Diwaniya refinery should be put in place, giving Iraq domestic refining capacity of 680,000 b/d, some 140,000 b/d higher than at the beginning of 2011 (MEES, 17 January)....
Volume: 54Issue: 28Published at Mon, 11 Jul 2011 -
OPEC, IEA Supply ‘Surge’ Fails To Subdue Oil Prices
...5,000 b/d, their highest level since June 2009 (MEES, 4 July) OPEC Crude Oil Production June 2010 – June 2011 (MEES Estimates – ‘000 B/D) 2011 2010 Target Jun May Apr Mar Feb Jan Dec No...
Volume: 54Issue: 28Published at Mon, 11 Jul 2011 -
Project Finance At The Crossroads
...ants are built, three are to start in 2011 and 131 are under construction. Coal‐to‐chemical production reached 24mn tons in 2010 with a gross value of $1.37 trillion, and production is expected to reach 106mn tons/year by 2020, he said. This is something that Saudi Arabia, with its cheap gas, did no...
Volume: 54Issue: 28Published at Mon, 11 Jul 2011 -
OPEC Slashes Demand Forecasts
...10 2011 2012 2015 2020 2025 2030 North America 23.7 23.4 23.4 23.5 23.6 23.4 23.1 22.8 Western Europe 14.8 14.6 14.6 14...
Volume: 52Issue: 28Published at Mon, 13 Jul 2009 -
Gulf Power/Water Privatization Continues, As Saudi Arabia Conducts Review
...ditional capacity to begin operating in summer 2011 and become fully operational in the summer of 2012, through two 650mw plants at Barka 2 and Sohar 2. At Al Ghubrah output will be increased under a development that splits the site into East and West locations....
Volume: 52Issue: 28Published at Mon, 13 Jul 2009 -
Libya’s Limited Infrastructure Hampers Gas Expansion Plans
...10 bcm/y, is due to be expanded to 11bcm by 2011 at a cost of €84mn. It appears that there is no shortage of Libyan gas to fill the country’s only gas export pipeline, and certainly no shortage of buying interest in Italy, where Eni has brought forward plans to increase pipeline supplies of na...
Volume: 50Issue: 28Published at Mon, 09 Jul 2007