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Iran’s Rohani: A Mid-Term Report
...cession has returned, and attributed it to the continuation of international economic sanctions and the decline in annual oil export revenues from $119bn in 2011 to an estimated $25bn in 2015 – the lowest in 10 years. Subsequently, in a scenario that appeared suspiciously pre-arranged and intended to pr...
Volume: 59Issue: 01Published at Fri, 08 Jan 2016 -
The North Sea & OPEC, Contrasting Policies, But Comparable Oil Resources?
...rrels. Avaldness Field was discovered in 2010 with reserves estimated at about 0.4bn barrels, but with upward revisions they could be nearly 2bn barrels. The Schiehallion and Loyal Fields went onstream in 1988 and had produced about 400mn barrels by 2011 when about 450mn barrels were added to the re...
Volume: 57Issue: 05Published at Fri, 31 Jan 2014 -
Nine Approaches To Counter The Emergence Of Unconventional Oil
...an to increase crude oil exports in order to maintain revenues. In 2012, total world oil supply exceeded demand by approximately 1mn b/d compared with 200,000 b/d in 2011. Based on currently available data, the surplus in crude oil supply will continue to grow, and the disparity between oil supply an...
Volume: 57Issue: 02Published at Fri, 10 Jan 2014 -
Challenges for Libya’s upstream sector
...nvince foreign firms to resume exploration in Libya. Key amongst the issues is the security situation, which links to the political future of Libya. The Return Of Libyan Production The successful return of Libyan oil production has been striking. In June 2011, at the height of the co...
Volume: 56Issue: 02Published at Fri, 11 Jan 2013 -
Iran’s Subsidies Reform: A Year Later
...commendation for a gradual five-year approach, President Ahmadinejad in late December 2010 announced drastic increases in energy, water, power and bread prices to go into effect immediately (MEES, 20 June 2011). And unable to find a satisfactory formula to determine eligibility for receiving welfare as...
Volume: 55Issue: 05Published at Mon, 30 Jan 2012 -
Challenges Ahead Of Ban On Oil Imports From Iran – Consequences
...rst Nine Months 2011) Country Quantity ('000 b/d) Share of Country Total (%) Share of Iran’s Exports (%) France 53...
Volume: 55Issue: 04Published at Mon, 23 Jan 2012 -
The Oil Curse And Oil Exporting Countries: Looking To The Future
...l producers. It also brings conflicts between provinces within countries. Examples of internal conflict include the political instability in Venezuela, the separation conflict in Angola’s oil-rich Cabinda province, the civil war in Nigeria and the 2011 civil war in Libya. These conflicts are known as...
Volume: 55Issue: 01/02Published at Mon, 09 Jan 2012 -
Competitiveness And Saudi Petroleum Policy
...d raising their productivity, and cost reduction. Global Economy At the request of the agency organizing this forum, I will address today the global oil market in 2011 and touch upon three main points: the global economy, the oil market and the Kingdom’s petroleum policy. I will start with th...
Volume: 54Issue: 05Published at Mon, 31 Jan 2011 -
Financial Precursors Of Sustainability Of US Economic Recovery
...nk that foresees “much more lending in 2011.” This is one of those financial precursors for the sustainability of recovery (http://finance.yahoo.com/tech-ticker/bank-ceo-%22quite-optimistic%22-about-2011-%22i-think-you%27ll-see-much-more-lending%22-535742.html?tickers=HBAN,XLF,KRE,FAZ,FITB,KEY,RK...
Volume: 54Issue: 04Published at Mon, 24 Jan 2011 -
Iraq’s TSC And PSC Agreements – A Good Deal For Iraq?
...an planned to be operating in 2011. Facilities, pipelines, storage and ports are not yet developed to serve the huge planned oil production. I agree they are not the major issue, which is that the call on Iraq’s crude oil is likely to require much more modest production than the mooted development pl...
Volume: 53Issue: 03Published at Mon, 18 Jan 2010