- Sort by:
- Score
- Published ▼
-
Syria Eyes Major Players for Offshore Blocks
...prus has yet to start producing gas despite discovering the Aphrodite field in 2011. He estimated that it would take 6-8 years before any gas can be produced and even that timeline could prove overly optimistic. ...
Volume: 68Issue: 51/52Published at Fri, 19 Dec 2025 -
Libya Instability Returns With Zawiya Force Majeure
...ssible to end these clashes and keep oil facilities out of the conflict zone, regardless of the causes or motives.” INSTABILITY RETURNS The incident is the latest episode of instability that has plagued Libya’s vital oil and gas sector in the near 14 years since the country’s 2011 re...
Volume: 67Issue: 51/52Published at Fri, 20 Dec 2024 -
Kuwait’s New Emir Criticizes Political Divisions
...so suffered a leadership vacuum of late, with the government accused by MPs of filling high-level vacancies based on loyalties rather than merit. The new Emir criticized recent pardons granted to opposition figures, including former MPs who were involved in the 2011 storming of parliament, in ad...
Volume: 66Issue: 51/52Published at Fri, 22 Dec 2023 -
Eni & Total Add To Cyprus Gas Finds With 2-3tcf Zeus
...arby. Taken together such volumes would in theory be sufficient to justify the construction of a land-based LNG plant, Nicosia’s long-stated aim ever since Cyprus’ first gas discovery, 4.5tcf Aphrodite, back in December 2011 (MEES, 9 January 2012). Despite the five to-date gas discoveries, no field ha...
Volume: 65Issue: 51/52Published at Fri, 23 Dec 2022 -
Exxon Spuds Cyprus Well
...vuşoğlu said he had received assurances from Washington and Doha that any potential drilling would only take place in areas not claimed by Turkey. Glaucus, with an initial reserves estimate of 5-8tcf (MEES, 1 March 2019) was the third gas discovery to be made off Cyprus following 2011’s 4.1tcf Ap...
Volume: 64Issue: 51/52Published at Fri, 24 Dec 2021 -
Libya: Oil Output Doubles In 2017 But Peace Dividend In The Balance
...2018 brings a new opportunity for a comprehensive peace deal in Libya. But, when it comes to oil production, the risks are largely on the downside. As has often been the case since the toppling of former leader Muammar al-Qadhafi in 2011, the future of Libya hangs in the balance. A peace se...
Volume: 60Issue: 51/52Published at Fri, 22 Dec 2017 -
Algeria To Retain Gas Focus In 2018 As New Fields Start Up
...ich badly damaged the fields’ processing facilities. Output, at an annualized 8.6bcm for the first nine months of 2017, averaged close to 9bcm/y capacity for the first time since 2011 (MEES, 3 November). Repair work from the attack was completed in mid-2016 but the leap in output only came after lo...
Volume: 60Issue: 51/52Published at Fri, 22 Dec 2017 -
Qatar Gets Flexible In Bid To Adapt To Brave New LNG World
...ntrica 3 UK 2014 2018 DES CNOOC 2 China 2011...
Volume: 59Issue: 51/52Published at Fri, 23 Dec 2016 -
Libyan Output Crashes As Fighting Escalates
...tions, production in the Sirte Basin slumped. Libyan production fell to as low as 150,000 b/d earlier this year when operations at the western fields of Sharara and El Feel where interrupted, a tenth of the 1.5mn b/d produced before the blockade. Prior to the 2011 revolution that disposed of Mu’ammar al-Qa...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
Yemen On Brink Of Collapse As Crisis Threatens To Submerge Oil Sector
...adership to acquiesce to their wishes. But while the feeder gas pipeline from Marib to the plant proved to be the target of choice in 2011 and 2013 – the focus has since shifted to Balhaf itself – which has been the subject of two mortar attacks in less than a year. The latest of these came this week, wi...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
Turkey Official Oil Data (‘000 B/D)
...13 2012 2011 2010 2009 Crude Production 49.9 -0.7 +3.2 50.6 47.8 47...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
EU Crude Import Evolution 2011-2014
... 2011 2012 2013 1H14 COUNTRY ‘00...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
Benchmark Crude Prices ($/B)
...12 2011 WTI 54.11 61.11 67.18 75.48 84.33 97.25 103.00 98.03 94...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
Sonatrach Slammed
...inted Sonatrach in recent years. The court, in its freshly-released review of Algeria’s 2011 budget, says that Algeria’s tax authorities “lack the appropriate means to verify the tax declarations of Sonatrach and its affiliates.” The court recommends the adoption of a standardized system of ac...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Suez Canal Traffic, 3Q 2013
...en the key source of southbound shipments. In 2011 southbound crude shipments fell sharply as Libyan exports slowed to a trickle due to the country’s civil war. However volumes sharply rebounded in 2012 and the first half of 2013 as Libya cultivated China in particular as a key market. •Ch...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
GPCA Urges Petchems Firms To Save Water
...ange their procedures overnight.” Some producers are already improving their water usage, says GPCA. Abu Dhabi’s Borouge requires more than 1 bcm/year of water to make plastics, but during 2011-12 it saved 24mn cu ms of fresh water by using cold sea water in its manufacturing processes. Meanwhile, GP...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
US Hikes Mid-Decade Output Estimates By 2mn B/D
...yond domestic demand and maximise product exports. Net US products exports shot up from 250,000 b/d in 2011 to over 900,000 b/d for 2012 and an EIA forecast of 1mn b/d for this year. Net products exports are set to hit 1.3mn b/d by 2030 and 1.8mn b/d by 2040, the EIA predicts. Of course, a revoking of th...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
US And Saudis At Odds Over Syria
...War in Syria,” says it expects Syria’s GDP in 2015 to be 57% smaller than that at the start of the conflict in 2011. The country’s poverty rate will soar to 44.5% over the same period, ESCWA says. ESCWA says that losses to the country are equivalent to “three decades of economic growth and two de...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
South Sudan Fighting Spreads To Oil Fields
...ate. Hundreds have already been killed in the conflict which started on 15 December. This has put the international community on alert; US President Barak Obama has called on the clashing factions to stop fighting. “In 2011, millions of South Sudanese voted to forge a new nation, founded on the pr...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013 -
Benchmark Crude Prices ($/B)
...Benchmark Crude Prices 19 Dec 9-13 Dec 2-6 Dec Nov-13 Oct-13 Q3 2013 Q2 2013 2012 2011...
Volume: 56Issue: 51/52Published at Fri, 20 Dec 2013