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Iranian Crude Output Continues To Fall, Hurt By Sanctions
...d 2014 "Many challenges". Chinese, Japanese and Indonesian firms working on it Yaran Arvandan Oil & Gas Co. 300 0 30000 30000 en...
Volume: 55Issue: 05Published at Mon, 30 Jan 2012 -
Abu Dhabi Continues Uncertainty Over 1.4Mn B/D Concession
...isting partners in its existing consortium, whose concession is due to expire in January 2014, or seek new players. It also heated speculation about Asian companies’ future role in the emirate by signing a deal with China’s CNPC to award it new blocks, writes Nick Wilson. State-owned Abu Dhabi Na...
Volume: 55Issue: 04Published at Mon, 23 Jan 2012 -
South Pars Reservoir Faces Challenges
...d Venezuela’s PDVSA (10%), which are providing $1bn. POGC says the project is 71% completed offshore and 27% onshore and first production will start in 2012. It is unlikely, however, that the contractor will be able to complete the onshore facilities before 2014. In anticipation of gas being pr...
Volume: 55Issue: 03Published at Mon, 16 Jan 2012 -
'Attiyah Hands Over Qatar Energy Portfolio To Sada
...otas. A future decision the minister will have to take is on the moratorium on new developments of the North Field. QP has said it will not decide whether to lift the moratorium until 2014. MEES understands that it is more likely to be 2016 after results from the 1.5bn cfd Barzan gas development in it...
Volume: 54Issue: 04Published at Mon, 24 Jan 2011 -
China Hedges Bets As South Sudan Votes On Independence
...ploration in March and a consortium led by Luxembourg’s Star Petroleum will start exploring Block E. “We estimate that these two blocks have huge reserves which could allow us to add three times the current production to reach maybe 2mn b/d in around 2014 to 2015,” he said, according to AFP. Total sp...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Unrest Sweeps North Africa
...esident Ben Ali called the ongoing nationwide protests “acts of terrorism” and blamed “foreign parties” during a speech on national television. However, on 13 January Mr Ben Ali announced on state television that he would not seek a sixth term in office when his current one ends in 2014. Following the an...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Utenov: Kazakstan’s Strategic Oil Exports Outlook
...ich comes in approximately 2018-19 according to the group of six companies’ estimate. Before the start of oil production under the framework of Kashagan Phase 2 development, the capacity of the existing export systems with full extension of the CPC oil pipeline by the end of 2014 will be enough to ex...
Volume: 54Issue: 03Published at Mon, 17 Jan 2011 -
Saudis Accelerate Multi-Billion Dollar Downstream Drive
...3,000 b/d of ultra-low sulfur diesel, 6,300 tons/day of coke and 1,200 t/d of sulphur from late 2014/early 2015. Sinopec is involved in a so-far unsuccessful gas exploration joint venture in Saudi Arabia’s Empty Quarter and also partners Saudi Aramco at its 240,000 b/d Fujian refinery and petrochemical pl...
Volume: 54Issue: 01/02Published at Mon, 10 Jan 2011 -
Saudi Aramco Takes Central Role Downstream
...port Refinery ConocoPhillips, Saudi Aramco 400 2014 Jazan Saudi Aramco 400 2015 Ras Tanura Expansion Saudi Aramco 50 2015 East Coast Refinery Saudi Aramco 40...
Volume: 53Issue: 04Published at Mon, 25 Jan 2010 -
Iran Petroleum Crisis Claims “Fundamentally Unsound”, Says Fesharaki
...that, absent some change in Iranian policy, this ratio will be 0.33-0.46, with exports declining to zero by 2014-15. Energy subsidies, hostility to foreign investment, and inefficiencies in its state-planned economy underlie Iran’s problem.” Mr Stern adds that the export decline rate estimate is...
Volume: 50Issue: 03Published at Mon, 15 Jan 2007