- Sort by:
- Score
- Published ▼
-
Saudi Crude Exports At 3-Year Low: Oil Burn Peaks Amid Opec Curbs
...Saudi Arabia’s crude exports are at their lowest level since August 2014 as the kingdom deals with the double-whammy of increased summer demand and reduced output in accordance with last November’s Opec agreement. Saudi Arabia’s oil burn hit 1.39mn b/d in July, the highest figure on re...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
Technical Service Contract Woes Continue To Haunt Iraq
...revising downwards the contractual production plateau targets for fields, but the essential TSC format remains unchanged (MEES, 12 June 2015). This series of alterations in 2014-15 brought the implied total 2020 target from key IOC fields down from 11mn b/d in 2009 to 7mn b/d. It fell further ea...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
Egypt Outlines Suez Downstream Plan, Canal Expansion Begins To Pay Off
...re the highest income since the $482mn earned in October 2015, although still 8% short of the record $510mn revenues of August 2014. The earnings rally is largely attributable to increased crude and products volumes transiting the canal. Northwards products volumes in particular are being boosted by...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
What Embargo? Qatar Products Exports Hit Two-Year High
...tari oil exports rose to 1.09mn b/d, the highest figure since November 2014. Despite the products gains, July hydrocarbon export revenues were $4.18bn, down from $4.54bn in May prior to the blockade. The reason appears to be that Qatar handed discounts to buyers as reassurance. Certainly the ec...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
Rosneft Plans Key Gas Pipeline To Unlock Kurdish Exports to Turkey
...xt two years? Previous plans have stalled. Under a 2013 Gas Sales Agreement the KRG agreed to export 4bcm/y to Turkey by this year, rising to 10bcm/y by 2020, and eventually up to 20bcm/y (MEES, 11 April 2014). Development of key gas fields has slipped due to a number of reasons, chief among them pa...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017 -
Bahrain Taps Debt Market For Record $3bn
...17, gross foreign exchange reserves stood at $1.7bn, down from nearly $6.0bn at the end of 2014. This implies less than one month of current account payment coverage,” S&P said at the time. Although latest figures show this rebounding to $2.5bn at end-April. Fitch assigns Bahrain the highest ra...
Volume: 60Issue: 38Published at Fri, 22 Sep 2017