1. IEA World Energy Investment Outlook: Can We Still Count On The Middle East?

    ...the modeling and analysis are based. The focus is on the ‘New Policies Scenario’. Under this central scenario, global primary energy demand increases by one third between 2011 and 2035. This overall trend, however, masks marked differences between fuels: oil grows at 13% during the period; co...

    Volume: 57
    Issue: 24
    Published at Fri, 13 Jun 2014
  2. Algeria’s Natural Gas Policy: Beware Of The Egypt Syndrome!

    ...ose of electricity for that matter) since December 2005. As far as ARH is concerned, it managed, as explained in the Box on p19, to amend the relevant decree to adjust the indexation formula upward but the supply price it last notified in 2011 was kept below what the new formula actually suggested (Fi...

    Volume: 56
    Issue: 26
    Published at Fri, 28 Jun 2013
  3. Iraq’s Integrated National Energy Strategy: Investment And Institutional Requirements

    ...llion as capital expenditures and $90 billion as operating expenses), in 2011 dollars between 2012 and 2030, including all contracted payments to TSC operators. Of this total figure, it is assumed that about 15% will be available from private investments, primarily in refineries and linked in...

    Volume: 56
    Issue: 25
    Published at Fri, 21 Jun 2013
  4. US Energy Strategy At A Glance

    ...dependence from imported foreign oil, considered a US energy policy priority, may not happen any time soon. President Obama’s own projection is a one-third reduction in crude oil imports by 2025 (Washington Post, 30 March 2011). However, due to energy savings and increases in domestic production, most in...

    Volume: 55
    Issue: 26
    Published at Mon, 25 Jun 2012
  5. Iraq’s Fourth Bid Round: Assessment Of The Outcome

    ...e implications are obvious: the Ministry of Oil has to give the priority to gas-prone blocks in its exploration program under its current plan for 2011-14.   IOC Participation IOC participation provided few indicators. Japanese firms registered the highest participation with nine co...

    Volume: 55
    Issue: 25
    Published at Mon, 18 Jun 2012
  6. Anatomy Of Iraq’s Exploration Auction – Bid Round 4

    ...aqi Ministry of Oil concluded a two-day hydrocarbon exploration auction during 30-31 May 2012. Expectations following the road show in 'Amman on 11 September 2011 were that only a few companies out of the 39 (47 prequalified) that paid to bid were intending to do so. Several reasons prevented the bi...

    Volume: 55
    Issue: 24
    Published at Mon, 11 Jun 2012
  7. One Hundred Days In The Iraqi Oil Industry

    ...st 100 days (ending 1 June 2011) as compared to previous rates.   A 19% increase in the export rates of Iraq. This article includes analysis of actual production figures from the southern fields comprising over 75% of the country’s production and export. The figures for the 100 da...

    Volume: 54
    Issue: 26
    Published at Mon, 27 Jun 2011
  8. Iran’s Subsidy Reform: A Progress Report

    ...jor cities, no general strikes, no run on the banks and no panic buying. There was not even a commensurate reaction from the Majlis, whose main “intent and purposes” in the law were literally ignored by the government.      A poll, conducted by the Majlis Research Center in March 2011, in fact sh...

    Volume: 54
    Issue: 25
    Published at Mon, 20 Jun 2011
  9. Financing MENA Energy Investment In A Time Of Turmoil

    ...ICORP’s Economic Commentary dated June-July 2011. The views expressed are those of the author only. Comments and feedback may be sent to: aaissaoui@apicorp-arabia.com ‎In the last Commentary from April, published in MEES’s Energy & Geopolitical Risk, we examined the extent unfolding events within ME...

    Volume: 54
    Issue: 24
    Published at Mon, 13 Jun 2011
  10. The Forthcoming Exploration Blocks Bid Round In Iraq: Issues For Consideration

    ...s own development consultancy and research firm. (Email: mou-jiya@online.no). Introduction And Background The Ministry of Oil deferred the holding of the exploration blocks bid round, a fourth bid round in a row, from November 2011 to January 2012. The event would offer 12 exploration blocks fo...

    Volume: 54
    Issue: 23
    Published at Mon, 06 Jun 2011
  11. Rumaila Economics And Its Implications

    ...oduction capacity comprises the adjusted baseline production and the incremental production. Information available indicates that the work program for 2010 has a budget of $1.7bn and will add 200,000 b/d. In 2011 a budget of $2.5bn will add some 300,000 b/d and by 2012 some 500,000 b/d will have come on st...

    Volume: 53
    Issue: 25
    Published at Mon, 21 Jun 2010
  12. Soaring Oil Prices Push MENA Steel Demand To New Peaks

    ...mplex drilling and production technologies, which result in greater steel use as drilling distances increase. Tougher reservoir conditions also require special high quality down-hole steels. Saudi Aramco plans to add almost 3m b/d of crude production by 2011, but it is also making a considerable ou...

    Volume: 51
    Issue: 25
    Published at Mon, 23 Jun 2008