1. US Shale A Threat To Mideast Condensate, Despite Oil Price Slide

    ...duce the firm’s exposure to political instability. Japan’s Gulf^ Condensate Imports (‘000 B/D)   2011 2012 2013 *2014 Qatar 15...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014
  2. UAE Sees Balanced 2015 Budget Despite Oil Price Fall

    ...tensifies. The budget is part of a three-year federal spending plan of Dh140bn ($38.1bn) for 2014-16. The three-year budget first introduced in 2011 intended to achieve sustained growth. Announcing the new budget, Shaikh Muhammad bin Rashid Al Maktum, UAE Prime Minister and Ruler of Dubai, said health, ed...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014
  3. Saudi Speciality Petchems Transformation Focuses On Aromatics

    ...e key components of Aramco’s refining expansion and push into petrochemicals under its Accelerated Transformation Program launched in 2011 to turn Aramco into “a fully integrated global energy enterprise.” Aramco CEO Khalid al-Falih says the program will “not only significantly expand our existing ca...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014
  4. Oman Turns To Wind To Cut Rural Generating Costs

    ...13 to 195MW in 2020. This projection excludes a proposed aluminum smelter under consideration at Duqm, which would consume 1GW. Oman Rural Electricity Supply* (Gwh)   2009 2010 2011 20...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014
  5. Saudi Arabia Takes On Oil Market Bears

    ...counting for roughly one third of the group’s total output, Saudi Arabia has often acted without waiting for a formal agreement by all 12 members of OPEC. It ramped up production to make up for the loss of more than 1mn b/d of Libyan oil at the start of the revolution in the North African state in 2011, an...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014
  6. Oil Revenues Key To Conflict In Libya

    ...bya specialist at the International Crisis Group. The enmity is rooted in the period after Mu’ammar al-Qadhafi was toppled in 2011, when the JCP stonewalled decision making in the GNC, so paralyzing a government already struggling to impose its authority on the country. The Misratans on the other ha...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014
  7. Abu Dhabi Boosts Offshore Output As Umm Lulu Comes Online

    ...f in 2011 was reinjected into oil fields for enhanced oil recovery purposes, the official UAE Yearbook covering 2013 says. One of the largest increments will come from Upper Zakum, which is being further developed the Zakum Development Company (ZADCO) at an estimated cost of over $10bn. ADNOC ho...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014
  8. Benchmark Crude Prices ($/B)

    ...13 2012 2011 WTI 82.70 87.62 91.44 93.13 95.95 97.25 103.00 98...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014