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Competition Heats Up Over 2.8Mn B/D West Qurna-1
...2011. Baghdad then warned the US firm had to choose between its investment in federal Iraq and the KRG. Exxon’s KRG investment exacerbated already tense Iraqi political relations, catalyzing Washington to engage closer with Iraqi energy matters (MEES, 1 March). However, as yet Baghdad ha...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
Former Algerian Minister Latest Casualty In Widening Oil Corruption Scandal
...nventional oil and gas fields after yet another dismal international auction in 2011, when only two of 10 blocks were awarded, one of which to Sonatrach. But Mr Yousfi, who took over in the midst of the Sonatrach scandal, has had to cope with the fallout that ensued, including senior staff changes wi...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
OPEC Transportation By Numbers
...mbers and Dead Weight (dwt ‘000 t) 2008 2009 2010 2011 20...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
Qatar Nears Full GTL Output, Eyes Competitors’ Projects
...ntribution” to growth. The plant sold its first product shipment in June 2011. South Africa’s petrochemical producer Sasol has also boosted output and plans a further increase at its 32,400 b/d Oryx project, Qatar’s other GTL plant – QP (51%) and Sasol (49%). It may have finally reached full stable ou...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
OPEC’s MENA Refiners Holding Steady Ahead Of Capacity Surge
...fects of frequent disruptions through workers’ protests and militia operations. Meanwhile, Algeria’s recent data has been impacted by major upgrades at Skikda refinery (MEES, 19 July).OPEC said that total refining capacity of member countries fell by 1.4% in 2012 compared with 2011. The organization he...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
Morocco Awards 2 Power Projects, Lines Up Solar Bidders
...gher than on the same day last year; and 5.7% above than last year’s peak demand recorded on 17 July 2012. Morocco Electricity 2011 (Gwh) Sales 25,634.00 Net demand 28,751.90 Pr...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
OPEC sees Tight Markets As Libyan Volumes Slump, Iraq Disappoints
...st month while the US light sweet crude oil benchmark soared, ending July over 9% higher, the largest month-on-month percentage gain since November 2011. OPEC’s Reference Basket (ORB) in July jumped to $104.45/B, up by $3.42/B over June, the highest month-on-month gain since February, the MOMR sa...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
Deconstructing The Syrian Banking System
...nk of Syria website.** Downloaded from UK Government website, updated to 5 June 2013*** In 2011, Banque Saudi Fransi announced its intention to sell its stake but at the end of 2012, no sale had taken place. Banque Saudi Fransi is 31% owned by Credit Agricole. Syrian Banks’ Exposure To Key Fo...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013 -
Benchmark Crude Prices
...12 2011 WTI 107.33 105.12 105.5 104.47 95.79 94.17 94.42 94.18 95...
Volume: 56Issue: 33Published at Fri, 16 Aug 2013