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Kurdistan Grapples With ISIS Threat; Oil Output Steady For Now
...reign oil companies, including ExxonMobil, whose entry into Iraqi Kurdistan in 2011 gave the KRG a claim of legitimacy that the smaller independents could not provide. Evacuations Continue But with evacuations of foreign staff underway by several of the more than 50 operators in the Kurdish oil se...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Israel Upgrading Power Plants To Exploit Natural Gas Reserves
...wnward trend (see graph). Israel has been slowly phasing out the use of both in power plants since 2008 when it began importing Egyptian gas. The sharp downward trend – gasoil consumption alone halved in 2009 – was temporarily sent into reverse in 2011 and 2012, when Egypt first reduced shipments and th...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Jordan Advances Solar Plans In Restive Southern Deserts
...the wake of 2011 regional unrest – is in talks to finance several smaller PV plants in the Ma’an area through loan packages. The three projects, totaling 40 MW, are being developed by Norway’s Scatec Solar and the European Jordanian Renewable Energy Projects company. The EBRD says that it may pr...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Pressure Eases As Yemen Secures Long-Awaited Loan
...y oil and gas infrastructure has been regularly targeted by Islamic militants and tribesmen alike, since the start of anti-government protests in 2011. The protests, and the eventual ouster of President Salih the following year, left a power vacuum in the state that militants have since been looking to...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Saudi Set For $28bn 2014 Surplus
...13 2012 2011 2010 2009 Actual* vs13% Bud. Actual Bu...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Jordan: $1bn Eurobond
...F-backed economic reforms which are aimed at reducing state subsidies. Until 2011 Jordan received cheap Egyptian gas; but Egypt no longer has enough gas for export. Meanwhile fighting between ISIS Jihadists (now IS) and Baghdad in Iraq’s Anbar province bordering Jordan put an end to the import of...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 95.58 97.52 99.79 102.36 105.13 103.00 98.56 98...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014