- Sort by:
- Score
- Published ▼
-
Saudi Crude Prices Mainly Lowered For May Deliveries
...CI) 2012 2011 May Apr Mar Feb Jan Dec Nov Oct Se...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Saudi LPG Prices Fall Back, Suggesting Ample Supplies For April, Says Purvin & Gertz
...n 740.00 735.00 2011 1 Jan 935.00 920.00 2012 1 Jan 850.00 91...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Crude Oil Formulas/Posted Prices
...OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Abu Dhabi ($/B) 2012 2011 Mar Feb Jan De...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
EGPC Needs $1.1Bn Per Month For Import Of Petroleum Products
...the 2011-12 budget is widening from original estimates, with the subsidies for energy rising to E£120bn ($19.9bn) from E£95bn ($15.7bn) when the budget was first unveiled. The Egyptian economy has suffered in the aftermath of the January 2011 revolution and its foreign exchange reserves have fa...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
AOC Again Delays Egyptian Production Start-Up
...untry’s ongoing budgetary crunch. AOC receives a declining share of production from the Khafji crude from the offshore part of the Kuwait/Saudi Arabian Neutral Zone under a 20-year sales and purchase agreement – 37,000 b/d for the year to March 2011 was less than half the 2009-10 figure (81...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Iran Restricts Imports Of Foreign Goods
...the case of the textile industry, with adverse effects on unemployment. Also the high cost of utilities after the first phase of the withdrawal of subsidies has raised operating costs for these industries. With the tightening of western sanctions in 2011, access to foreign exchange has become more di...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Turkey Falls In Line With US Sanctions, Commits To Lower Iranian Imports
...e-third of Turkey’s final consumption in 2011. While Libya will be the main source of alternative supply, Mr Yildiz said that Ankara is already in talks with Saudi Arabia on long term and spot market purchases. He said that Turkey plans “to increase the number of countries we buy oil from and the ro...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
KRG Holds Back Exports In Escalation Of Oil Payment Row
...ate budget and the Iraqi economy,” Dr Shahristani told the conference. “The Kurdistan region did not provide oil produced in the region during the years 2010 and 2011, and this caused a deficit in the budget. The value of oil produced in 2011 reached $3.5bn, while the value of oil produced in 2010 re...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Development Of Joint Tunisian-Libyan Discovery On Hold
...rt of the block appears the more prospective and has been the focus of recent exploration efforts. Sonde drilled a successful exploration well, Zarat North-1, in January 2011, shortly before the declaration of force majeure. The Zarat field straddles the JO acreage and the Zarat permit of Sw...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
IOC To Farm Into South Sudan’s Block B Soon, Operator Total Says
...rlier (MEES, 14 July 1997) and the exit of Sudanese state firm Sudapet following South Sudan’s secession (MEES, 11 July 2011). Abu Dhabi’s state-owned conglomerate Mubadala initially showed an interest in replacing Marathon and Sudapet, but never followed up on it as Juba was intent on involving oil and ga...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Dubai Drydocks Uses Special Tribunal To Restructure $2.2Bn Debt
...s planned for completion in 2011, but hedge funds were not receptive and it dragged on. It then outlined the major terms of a new plan early in March, and said it planned to complete the process in mid-year. The company became over-leveraged when it expanded into Singapore. The company sa...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Militants Attack Yemen LNG Pipeline, Stop Production Of Four Cargoes
...quefaction plant after a similar attack was carried out on the pipeline in retaliation for the killing of a high-ranking al-Qa'ida official in an air raid on military bases in Yemen (MEES, 24 October 2011). This incident is only the latest in a long line of attacks on the country’s oil and gas in...
Volume: 55Issue: 15Published at Mon, 09 Apr 2012 -
Kurds Warn Over Oil Payment, Kirkuk Field Rehabilitation
...ocks to ExxonMobil (MEES, 21 November 2011). Citing Article 112 of the constitution, the KRG demanded both the governorate of Kirkuk and the KRG “be present with the federal government in any discussions and agree over the Baba structure’s development.” Kurdish Peshmerga forces control parts of...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012 -
Libya Stalemate On Exploration Restart
...-'Abdaly, Chairman of NOC’s Jowfe Oil Technology spoke of the efforts to get the Oasis (Waha) export terminal of Sider back on-stream late last year (MEES, 26 December, 2011). With some of the war’s most intense fighting nearby, the terminal suffered “complete destruction of the metering system…the he...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012 -
SEC Sees Orders Of $18Bn For Debut International Sukuk
...ternational paper last year when it mandated HSBC and Deutsche Bank to organize its first dollar-denominated sukuk issue. At the time bond specialists had suggested that it would probably take until early 2012 to prepare the issue for market (MEES, 6 June 2011). The sukuk were issued under regulation ‘S’ wh...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012 -
Greece-Cyprus-Israel Energy MOU Postponed Indefinitely
...s capacity as the foreign minister of the Constantine Mitsotakis government in 1990, visited Israel in December 2011 and reconfirmed his support for Mr Papandreou’s policy. Following a meeting with Israeli Prime Minister Benjamin Netanyahu, Mr Samaras, whose party Nea Demokratia is leading the polls ah...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012 -
IOCs Offer Abu Dhabi CO2 Technology To Secure Oil Fields
...rub out residual oil that has migrated through rock on its way to a reservoir during the reservoir’s formation, making more oil recoverable. In the pilot scheme there was no scaling, which would have indicated dissolving of the carboniferous rocks. The 60 t/d (1.2mn cfd) pilot started in 2009 and by 2011...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012 -
Crude Oil Formulas/Posted Prices
...OPEC/OIL PRICES Crude Oil Formulas/Posted Prices ($/B) Algeria (Dated Brent + / - Adjustment Factor; $/B) 2012 2011 Apr Ma...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012 -
New Commerce Minister Looks To Push Ahead With Cyprus’s Natural Gas Plans
...silikos power station, where 793mw of capacity was destroyed in July 2011 by an explosion at a nearby military base. Some of that power generation capacity will come back online in mid-to-late 2013. Meanwhile, Cyprus is relying on heavy fuel oil for power generation. Cyprus has been fined by the EU for it...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012 -
Work Begins On VTTI Oil Storage Terminal
...te by mid-2014. The company held a ground-breaking ceremony at the site, located in an area designated by the government as the Vasilikos Energy Center on the island’s southern coast, in January 2011 (MEES, 24 January 2011). Vasilikos is also the site proposed by US energy firm Noble Energy for an LN...
Volume: 55Issue: 14Published at Mon, 02 Apr 2012