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  1. Aramco To Spend $35bn On Stabilizing Oil Capacity

    ...0,000 b/d by 2014. Manifa will help stabilize Saudi capacity by offsetting declines from mature fields.  Saudi Aramco is also eyeing CO2 enhanced oil recovery. It is building a new CO2 capture facility and transport system, which will compress and dry CO2 from the Hawiyah NGL Recovery Plant, send it to...

    Volume: 55
    Issue: 43
    Published at Fri, 19 Oct 2012

  2. IEA Predicts Bleaker Days Ahead For OPEC

    ...e world’s largest economy,” the report projected. And in oil demand terms non-OECD should eclipse the OECD by 2014, the MTOMR revealed.   Rising North American production will lessen the need for imports, leading to an actual reduction of inter-regional crude trade by some 1.6mn b/d to 32...

    Volume: 55
    Issue: 43
    Published at Fri, 19 Oct 2012