1. Germany’s RWE Faces Challenging Sale Of North African Assets

    ...rprisingly Libya’s 2011 civil war set back RWE’s plans: RWE had been exploring the two blocks since 2003 (spending $500m in the process) and development plans were already drawn up pre-revolution. The country’s continued instability will no doubt deter at least some potential purchasers. Exploration in Libya ha...

    Volume: 56
    Issue: 31
    Published at Fri, 02 Aug 2013
  2. Twilight Looms For OPEC’s Golden Age

    ...ars on the trot! Gas has also emerged as an increasing revenue driver, enabling Qatar in 2011-12 to post OPEC’s strongest earnings gains (see table 1).   Table 1: OPEC Members’ Petroleum Exports By Value ($Bn)   2005 20...

    Volume: 56
    Issue: 31
    Published at Fri, 02 Aug 2013
  3. GCC: UAE And Saudi ‘Readiest’ For Renewables

    ...ssil fuels and subsidized energy prices present “prominent barriers to investment in renewable energy projects,” the organization’s ‘Renewable Energy Readiness Assessment Report: The GCC Countries 2011-12’, published on 22 July says.   The UAE gets the highest score of 4.75 out of 7, while Sa...

    Volume: 56
    Issue: 31
    Published at Fri, 02 Aug 2013
  4. Iran To Syria’s Financial Rescue, Again

    ...en secretive about his country’s finances since the beginning of the uprising in March 2011, announced an Iranian concessionary aid package of around $7bn, consisting of a $3bn credit line to import crude oil and petroleum products, a $3bn concessionary loan and a further $1bn credit line (MEES, 31 Ma...

    Volume: 56
    Issue: 31
    Published at Fri, 02 Aug 2013
  5. OPEC’s Dilemma

    ...OPEC   OPEC’s Dilemma   Two new dimensions to international oil markets are creating a real dilemma for OPEC and may be sowing the seeds of a major oil price shock. The first is the fall-out from the “Arab Uprisings” that began early in 2011, and the second is the de...

    Volume: 56
    Issue: 31
    Published at Fri, 02 Aug 2013
  6. Benchmark Crude Prices

    ...13 2012 2011 WTI 107.89 105.95 106.64 104.47 95.79 94.17 94.42 94...

    Volume: 56
    Issue: 31
    Published at Fri, 02 Aug 2013