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Regional Alliances Leave Juba In Two Minds Over Planned Oil Pipeline
...sis that it would be both shorter, and cheaper to build (MEES, 6 September). For more than two years, since the South seceded from Sudan in July 2011, the two countries’ leaders have been unable to find common ground on a wide range of issues, resulting in persistent mudslinging and accusations of...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013 -
Supply Challenge Still Alive Despite Shale Surge
...deed, domestic energy demand within the GCC is growing at an annual 5% and in 2011 stood at 200mn tons of oil equivalent. That number is expected to double in the next decade, said a senior Gulf banker. Saudi Arabia consumes 2.8mn b/d during peak consumption periods and has recently taken to su...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013 -
Legal And Operational Challenges Complicate RWE Dea Sale
...vourably to imported gas. Therefore I believe there is room for compromise,” said Mr Schlichter. Egypt’s energy sector has been suffering from tardy government decision making, a result of the political upheaval following the removal of Mubarrak in 2011 and the subsequent military coup against Pr...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013 -
Mubadala In Asia, Africa Push As Questions Mount Over Middle East Assets
...20. Oxy and Mubadala also partners at the Mukhaizna development in Oman’s Block 53. Mukhaizna has plateaued at about 120,000 b/d, and Oxy (operator) continues to struggle to maintain this level – despite a prior plan to plateau production at 150,000 b/d by 2011 (MEES, 8 March). Some of Mubadala’s pa...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013 -
Syrian Economy Incurs $103Bn Losses
...fect of sanctions.) Oil Output Plummets In September oil production under government control was estimated to have hit a low of 19,000 b/d of light crude and condensate, compared to an average of 380,000 b/d before the start of the uprising in March 2011 (MEES, 4 October). Gas production in...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013 -
UAE Issues 2014 Budget
...proved a three-year federal spending plan of Dh140bn ($38.1bn) for 2014-16, a 15% increase on the previous plan for 2011-13 (MEES, 9 November 2012). The three-year plan, first introduced in 2011, was intended to achieve sustained growth under the state’s strategic plan. The 2014 budget just announced is...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013 -
Benchmark Crude Prices ($/B)
...12 2011 WTI 96.38 97.87 101.48 106.27 106.55 105.73 94.17 94.18 95...
Volume: 56Issue: 44Published at Fri, 01 Nov 2013