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IPIC Subsidiaries Team Up In Abu Dhabi Upstream
...u Dhabi’s state-owned International Petroleum Investment Company (IPIC) in 2011 and has since developed into an international investment vehicle for its parent. IPIC also directly owns a 20.8% stake in Japan’s Cosmo Oil, which – like Cepsa – is primarily a downstream firm in its home country. Bu...
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Egypt Cuts Deficit On Back Of Gulf Cash, But More To Do
...taled E£701.5bn ($109.4bn), virtually level with the previous year (+0.5%) in real dollar terms. The 2013-14 spending equates to 35% of GDP. Egypt has seen close to four years of political turmoil following the February 2011 overthrow of Husni Mubarak. The 2013-14 fiscal year began with the July 2013 ou...
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Oil Prices: Uncertainties, Confusion And Conspiracy
...REGIONAL/SAUDI ARABIA Oil Prices: Uncertainties, Confusion And Conspiracy OPEC’s ‘need’ to maintain $100/B-plus sowed the seeds of recent oil price falls. What happens next? By-Paul Stevens* Oil prices have been falling. From 2011 to June 2014 the OPEC basket consistently av...
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Japanese Crude Oil & Condensate Imports, Q3 2014 (‘000 B/D)
...2013 2013 2012 2011 Middle East 2,829.1 2,940.7 2,631.7 2,800.2 85.8 +132.4 +5....
Volume: 57Issue: 46Published at Fri, 14 Nov 2014 -
Benchmark Crude Prices ($/B)
...13 2012 2011 WTI 74.21 78.24 81.26 84.33 93.13 97.25 103.00 98...
Volume: 57Issue: 46Published at Fri, 14 Nov 2014