- Sort by:
- Score
- Published ▼
-
Eni 30tcf Egypt Gas Find A Game-Changer For East Med Energy Market
...the year, after Antitrust Authority Commissioner David Gilo ruled in December 2014 that the two firms had formed a monopoly offshore Israel (MEES, 27 February). This ruling would have forced Noble and Delek to divest their interests in either Leviathan or Tamar, but the government stepped in an...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Shell Seeks Shale Gas Price Hike
...th Egypt to drill the first horizontal wells into shale rock on the Western Desert’s Northeast Abu al-Gharadig block (MEES, 19 December 2014). The gas price agreed with both firms is $5.45/mn BTU, but Shell is now believed to be renegotiating the price. The budget for the joint operation to drill ho...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
LNG Market Evolution: How Much Will Qatar Give Up?
...se on the back of reduced nuclear generation – some of its nuclear plants were taken offline for maintenance – and revamping work at one of its coal-fired power plants. It imported a total of 7.12mn tons in the first half of 2015, up around 15% pro-rata on 2014 imports. Qatar, which covered 47% of...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Iran Looks To Tap Foreign Investment In Bid To Advance Downstream Plans
...jor exploration and production drive with improved oil and gas investment terms in comparison to the earlier buyback contracts (MEES, 31 July), while petrochemicals firm National Petrochemical Company (NPC) is seeking investors to complete more than 60 stalled projects (MEES, 10 October 2014). NI...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Minister Outlines Iraq’s Power Sector Woes As IMF Warns On Rising Subsidies
...ightly higher than 2014 output and compares with less than 1.5mn cfd in 2010. However, actual sales gas has declined, from over 690mn cfd in 2010 to less than 610mn cfd in 2014 and 590mn cfd for January to May this year. Gas flaring has risen from 51% in 2010 to a whopping 71% for July. While the Sh...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
August OPEC Production: Output Falls For First Time In Six Months
...oduction growth since the start of the year. At 31.88mn b/d in August, Opec output is up 1.49mn b/d on December 2014 levels. Including volumes from the Kurdistan Regional Government (KRG) in the north, Iraqi output slipped from an all-time high of 4.25mn b/d in July to 4.19mn b/d as overall export vo...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
‘That’ OPEC Editorial: Did It Really Say All That Much?
...fferent. In the piece, Opec said “it stands ready to talk to all other producers,” albeit only on the condition that the dialogue would “be on a level playing field.” The piece, and this line in particular, appeared to catch the imagination. Was this Opec showing a willingness to relent on its November 2014...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Iraq Notches Up Output Records But Trouble Looms
...D15** vsYTD14** 1H15 1H14 2014 2013 2012 CRUDE OUTPUT: Federal^ 3,718 3,591 +66...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Iraq: Key Oil Data (‘000 B/D)
...14 2014 2013 2012 CRUDE OUTPUT: Federal^ 3,718 3,591 +669 3,329 +237 3,...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Libya: Central Bank ‘Budget’ Poses More Questions Than Answers
...ternal or external obligations incurred by the Baida-based administration. TERRITORY DOWN, SPENDING DOWN So the fact that spending is, according to the CBL figures, down by 37% from January-July 2014, and by a massive 52% from the same period in 2013, reflects the fact the spending figures for Ja...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Oman: Oil Price Revival Key To Sustaining Record 1mn b/d Output
.../B for August, down from an average of $57.07/B for the first half of 2015, $96.95/B for 2014, and $105.47 for 2013. The undersecretary’s estimates roughly align with those made by Managing Director of Petroleum Development Oman (PDO) Raoul Restucci earlier this year: around $8/B for primary oil re...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Lebanon To Tap Bond Market For $1.3bn As IMF Warns On Debt Levels
...e political deadlock, EFG Hermes says in a recent report. This inflow was estimated at $7.7bn in 2014, according to the World Bank (MEES, 27 February). The country has been without a head of state since President Michel Sulaiman’s term expired in May 2014, and parliament has been unable to agree on...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
UAE Trims Market-Linked Fuel Prices
...ckling high energy consumption through a conservation campaign begun in 2014. Last week Riyadh told the IMF that it does not intend to adjust energy subsidies until a national public transport system is completed (MEES, 28 August). Kuwaiti finance ministry official Khalifa Hamadah told the Kuwait Ti...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Egypt Cuts Tax Ceiling
...0,000. As part of the same move, Egypt has also suspended for two years a 10% tax on capital gains and abolishes the supplementary tax levied on individual incomes exceeding E£1mn introduced in 2014-15 (MEES, 13 June 2014). The amendment is intended to make the taxation system more progressive and to re...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015 -
Benchmark Crude Prices ($/B)
...15 2014 2013 2012 WTI 46.75 40.79 41.41 42.90 51.15 58.02 48...
Volume: 58Issue: 36Published at Fri, 04 Sep 2015