- Sort by:
- Score
- Published ▼
-
Eni Egypt Gas Find
...ES, 3 July). Eni holds a 75% working interest in the West Abu Madi permit, while BP holds the remaining 25%. Petrobel, a JV between Eni and state oil firm EGPC is operator. ENI EGYPT PRODUCTION (NET) 2012 2013 2014...
Volume: 58Issue: 30Published at Fri, 24 Jul 2015 -
The Iran Nuclear Deal And Oil Markets
...llapse since June 2014, the IOCs, in an effort to satisfy investor expectations, were cutting back on capital investments in exploration, development and production. In a world of now much lower oil prices these cuts have accelerated. NEW, MORE ATTRACTIVE TERMS Thus to compete for shrinking IOC in...
Volume: 58Issue: 30Published at Fri, 24 Jul 2015 -
China Crude Imports Hit Record In 2q15 (‘000 B/D)
...1Q15 Jun-15 May-15 Apr-15 2Q15 ‘000 b/d % 1Q15 4Q14 3Q14 2Q14 2014...
Volume: 58Issue: 30Published at Fri, 24 Jul 2015 -
South Korean Crude Oil & Condensate Imports, ‘000 B/D: Saudi Volumes Top 1mn B/D In Q2
...2Q14 2014 2013 2012 2011 2010 MIDDLE EAST 2,103 -480 2,583 2,...
Volume: 58Issue: 30Published at Fri, 24 Jul 2015 -
Benchmark Crude Prices ($/B)
...15 2014 2013 2012 WTI 48.45 51.69 52.41 59.86 59.43 58.02 48...
Volume: 58Issue: 30Published at Fri, 24 Jul 2015 -
Genel Ramps Up KRG Output As Exports Rise
...liver in excess of 100,000 b/d net to Genel on peak days in the January-June period from its working interest in the Taq Taq and Tawke fields. The figure compares with average net output from the Kurdish fields of 69,000 b/d in 2014. The recent production boost, Genel says, helped the Kurdistan Re...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Iraq: Key Oil Production & Export Data, 2q 2015 (‘000 B/D)
...IRAQ: KEY OIL PRODUCTION & EXPORT DATA, 2Q 2015 (‘000 B/D) 2Q15 vs1Q15 vs2Q14 1Q15 2014 2013 2012 Ju...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Iran Boosts Salman Output
...e field has 46 oil wells, and 10 water injection wells. This boost in Salman oil output comes as part of a $2bn Iranian Oil Ministry plan announced in 2014 aimed at boosting offshore production. The ministry has long made expediting the development of the fields Iran shares with its ne...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Partex Sees Adco Opportunity As BP, Shell Shun Terms
...s a partnership of Adnoc with 60%, Total, BP, Shell and ExxonMobil each with 9.5% and Partex with 2%. When the concession expired in January 2014, Adnoc qualified its four oil Major ex-partners but excluded Partex, as it tried to expand participation to bring in more Asian companies and other European an...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Kuwait Energy Gets Iraq Reserve Boost, Output Up
...oil equivalent (boe) at end-2014. Block 9 alone accounts for 507.5mn boe. KEC posted record annual working interest production of 25,252 b/d for 2014, up 8% on 2013. Output rose further to 26,820 b/d in Q1 this year (see table) but likely dipped in Q2 with production at the firm’s Block 5 license in...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Israel: New Gas Law
...w of 1952 has few requirements of the operator: several only have a 5% stake, the minimum under current rules (see table, MEES, 5 December 2014). A common pattern of recent years has been for firms with little-to-no oil experience to snap up the rights to offshore licences in the hope that the 2009 an...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
India’s Key Crude Suppliers 2009-15*: Iran Slides From Second To Seventh Spot (‘000 B/D)
...INDIA’S KEY CRUDE SUPPLIERS 2009-15*: IRAN SLIDES FROM SECOND TO SEVENTH SPOT (‘000 B/D) 2014-15 rank vs13-14 vs09-10 2013-14 20...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Egypt Petchems Plans Continue To Expand As Tahrir Gets Styrene Plant
...ocess units, while Italy’s Tecnimont and Holland’s Archirodon are building offsites and utilities (MEES, 4 April 2014). ECHEM PROJECTS State firm Echem is currently building three petchems plants. Its Ethydco ethylene derivatives unit has awarded contracts to Japan’s Toyo Engineering and the En...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Iran Deal To Pressure Prices Through 2016
...end that is especially likely on the back of this week’s Iran nuclear deal - this will serve only to maintain the downward pressure on world oil prices, and further delay any potential rebalancing of the market. After growing by a massive 2.4mn b/d in 2014, production growth from outside Opec lo...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Libya: Oil Boost Hopes Fizzle Out Amid Hollow ‘Peace Deal’
...cember 2014 by Salim Dirbi as a successor to the Al-Qa’ida-affiliated Abu Salim Martyrs Brigade. But IS has made inroads elsewhere. It raised its black flag over the town of Harawa, about 60km east of Sirte, on 5 June, and over Qadhafi’s former stronghold, Sirte, in early July. In February, it took co...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Saudi Taps Domestic Market For $4bn Amid Soaring Deficit
...gh oil prices put the country in a position to maintain spending despite the decline in oil revenues, Mr Mubarak says. But these surpluses are gradually being eroded. Saudi net foreign assets fell to $680bn at end-May, down $66bn, or 9% from their August 2014 peak of $746bn (MEES, 3 July). Sa...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
SEC Seeks Expansion Cash
...e exploring all options available in the debt market.” SEC last year issued SR4.5bn ($1.2bn) of sukuk and $2.5bn of international bonds to help fund its expansion program. Two previous Sukuk raised $2bn in 2013 and $1.75bn in 2012 (MEES, 31 January 2014). Like all regional state-owned ge...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Iraq To Slash 2016 Investment Budget
...an 90% of total Iraqi revenues (MEES, 20 March). 2015 REVENUES BELOW BUDGET, WAY DOWN ON 2014 This year’s federal budget forecast is based on 3.3mn b/d of oil exports at an average price of $56/B – implying revenue of $67.5bn, down 20% on 2014’s $84.1bn takings. Iraqi crude export revenues hi...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Iran Fronts Syria $1Bn
...pport to Syria has been essential since the beginning of the Syrian uprising, which began in early 2011. It continues to offer a lifeline of economic support in the form of oil supplies and credit. In 2014 Iran’s oil deliveries to Syria ranged between 50,000 b/d and 70,000 b/d, probably free of charge (ME...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015 -
Upstream Investment Climate Unstable, Forecast: More Of The Same
...vestment is being transformed by recent price volatility and the potential for low prices longer-term, a tough financial environment and the impending strengthening of policy to mitigate climate change. Between June 2014 and January 2015, Brent crude prices plunged by 60%, from $115/B to $45/B, ca...
Volume: 58Issue: 29Published at Fri, 17 Jul 2015