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Saudi Arabia Stems Domestic Oil Demand Growth
...amco said in its annual review for 2012 that it provided 3.924 tcf of raw gas to gas plants, an increase of 8.3% over 2011 and the single largest rise in its history, as the kingdom’s first non-associated Karan gas field entered into production. More significant for gas will be the start-up...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
Qatar Faces Challenging, Rapidly Changing, LNG Market
...ves away from oil-price indexing. Japan’s nuclear crisis took another turn on Tuesday when utility firm TEPCO, which operates the Fukushima nuclear plant, admitted that a storage tank was leaking radioactive water, contaminated when an earthquake and tsunami damaged the plant in early 2011. Ja...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
DNO Gets Q2 Tawke Tonic
...nnows such as the UAE’s New Age, to large independents like Marathon, Hess and Maersk to majors of the ilk of ExxonMobil, Chevron and Total. Despite the Q2 uptick, KRG and Baghdad’s oil dispute continues to keep production shut in at Tawke and other KRG oil investors. Not since early 2011, and th...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
SEC Head Resigns, Replacement To Come From Aramco
...ES, 9 August). He told a conference in 2011 that Aramco was looking to achieve generating efficiency as high as 75% (MEES, 23 May 2011), which compares with 61% for the most efficient CCGT technology today....
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
Bahrain GDP To Hit 5.6%
...BAHRAIN Bahrain GDP To Hit 5.6% Bahrain’s real GDP growth is projected to rise to 5.6% in 2013 from 3.4% in 2012 and 1.9% in 2011, according to the the Bahrain Economic Development Board in its 2013 Year Book released this week. The 2013 GDP increase will be la...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
Arabs To Offset Loss Of Western Aid To Egypt
...timated, by economics professor Fakhri al-Fiqqi, that Egypt has received a total of $26bn in aid since the revolution of 25 January 2011 - $14bn before 30 June 2013; and $12bn after. Around 900 people are said to have died after Egyptian security sources on 14 August assaulted the supporters of de...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
Assessment Of Iraq’s Nasiriya Integrated Project Contract
...eferred then but the negotiations broke down. Accordingly, it was announced that the field will be developed through national efforts. However, in January 2011 the MoO formally announced plans to invite IOCs to develop the Nasiriya oilfield together with a refinery of 300,000 b/d in a bid round la...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013 -
Benchmark Crude Prices ($/B)
...12 2011 WTI 105.03 106.92 105.12 104.47 95.79 94.17 94.42 94.18 95...
Volume: 56Issue: 34Published at Fri, 23 Aug 2013