1. Suez Canal Trade Hits Records But Trade War Threatens

    ...%) and 543,000 b/d gasoline (up 36%) head north through the canal (see charts 1 & 2). This puts both on track to smash annual records – for diesel last year’s 445,000 b/d was a record; for gasoline the record of 499,000 b/d dates back to 2011. Combined northbound products volumes, which only fi...

    Volume: 61
    Issue: 43
    Published at Fri, 26 Oct 2018
  2. Iraq Invites Bids for 12 Fields in First Offering Since 2012

    ...al between Kerbala province and UK-independent San Leon in March 2011, outside of the auspices of the Ministry of Oil, which maintained that provinces cannot unilaterally sign deals with IOCs. The joint participation agreement was for San Leon and local partner Al-Meinaa to develop the fields under a pr...

    Volume: 59
    Issue: 43
    Published at Fri, 28 Oct 2016
  3. Saudi Product Exports At Record High; Crude Volumes Crimped

    ...D15 vsYTD14 vsYTD13 YTD14 2014 2013 2012 2011 2010 2009 Crude Production 10...

    Volume: 58
    Issue: 43
    Published at Fri, 23 Oct 2015
  4. Neutral Zone: Saudi Arabia Steamrolls Kuwait, Cuts Oil Output

    ...udi Arabian oil exports have already fallen to their lowest in three years, while August exports of 6.683mn b/d were at their lowest since March 2011, according to the latest data published by the Joint Oil Data Initiative (JODI). Crucial Test Riyadh’s action may yet prove to be a crucial test fo...

    Volume: 57
    Issue: 43
    Published at Fri, 24 Oct 2014
  5. IEA Predicts Bleaker Days Ahead For OPEC

    ...% of incremen-tal global liquids supply of 9.3mn b/d through to 2017, only second to North America’s 40% (largely from oil sands or tight oil). And for OPEC, Iraq is likely to be still more significant, supplying over 50% of a projected 3.34mn b/d increase for 2011-17. The MTOMR confirms findings of...

    Volume: 55
    Issue: 43
    Published at Fri, 19 Oct 2012
  6. Aramco Sees Energy Paradigm Shift

    ...ogram (MEES, 28 November 2011). But the problem was “misleading hype” about how quickly renewables could make an impact. “As a result there have been a lot of disappointments,” he noted.  ...

    Volume: 55
    Issue: 43
    Published at Fri, 19 Oct 2012