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Anarchy In Libya Keeps Production Shut In
...ttle, to no centralized power, and relies on the loyalty of the militias that were formed during or after the 2011 revolution. This power vacuum gives Tripoli almost no leverage over the armed followers of Mr Jathran, and it must hope that the continued absence of revenues will lead the secessionists to pu...
Volume: 56Issue: 43Published at Fri, 25 Oct 2013 -
Iran: Return To Markets A Priority For Oil Ministry New Guard
...er the past three months. This represents a near 60% drop in crude oil exports since 2011, MEES estimates show. But with this month’s relative thawing of Iran-US relations bringing about a public softening of attitudes towards the Islamic Republic and its oil sector, Iranian officials ha...
Volume: 56Issue: 43Published at Fri, 25 Oct 2013 -
Nakilat JVs Win Contracts For LNG Vessels
...ipped 1.6% to QR553.2mn ($151.8mn), from QR562.4mn ($154.3mn) for the same nine months last year. Total profit in 2012 was pegged at QR766mn ($210.4mn) compared with QR833.1mn ($228.9mn) in 2011, an 8% year-on-year reduction attributable to higher operational and administrative costs in 2012. ...
Volume: 56Issue: 43Published at Fri, 25 Oct 2013 -
Egypt Rejects Israeli Gas
...Egyptian gas to Israel via AGP was discontinued in April 2012 in the aftermath of the January 2011 revolution in Egypt, which toppled the Husni Mubarak regime (MEES, 30 April 2012). Mr ‘Abd al-Rahim went on to say that Egypt is working with companies, such as BP, Shell and BG, and not co...
Volume: 56Issue: 43Published at Fri, 25 Oct 2013 -
QPI Steps Back From Tunisia Refinery Project
...newed this interest after the 2011 revolution that ousted former president Zein al-‘Abidine Ben ‘Ali. Recent political developments may have played their part in QPI's decision. The moderate Islamist Ennahda party has agreed to relinquish power to a caretaker government that is to prepare fo...
Volume: 56Issue: 43Published at Fri, 25 Oct 2013 -
Uncertainty Reigns As Oxy Inches Closer To Asset Sell-Off
...GA). But the level of political risk in Bahrain is fairly low, despite repeated protests since 2011. Saudi Arabia and other regional countries have strongly supported the Bahraini monarchy, and the risk of chaotic political transition is negligible at this point. If Oxy were to sell its stake in...
Volume: 56Issue: 43Published at Fri, 25 Oct 2013