1. GCC Saga Continues

    ...fering citizenship – and its perks – to Sunni Bahrainis, a highly sensitive demographic issue for Manama, which has faced several rounds of Shia-led protests since 2011. However, it remains unclear if Doha is prepared to agree to accept a scaled-back role in regional affairs. Libya Attacks Sa...

    Volume: 57
    Issue: 36
    Published at Fri, 05 Sep 2014
  2. Syria Eyes Iran For More Aid

    ...lumes to the Assad regime) its output volumes are thought to be way below nominal capacity levels (MEES, 25 July).  Currency Pounded The local currency, which has depreciated since early 2011, has of late come under renewed pressure, losing value on both the official and black markets. On the of...

    Volume: 57
    Issue: 36
    Published at Fri, 05 Sep 2014
  3. The Elusive Costs And Benefits Of Saudization

    ...essure on the government to devise a more potent employment strategy. A broader and more rigorous quota program came into effect in late 2011. Nitaqat (bands), as it is labeled, requires private companies to meet strict Saudization ratios, differentiated by the size and sector of the enterprise. Co...

    Volume: 57
    Issue: 36
    Published at Fri, 05 Sep 2014
  4. United States Crude Oil Imports, 1h 2014 (‘000 B/D)

    ...12                 2Q14 1Q14 1H14 ‘000 B/D % ‘000 B/D % 2013 2012 2011 2010 20...

    Volume: 57
    Issue: 36
    Published at Fri, 05 Sep 2014
  5. Benchmark Crude Prices ($/B)

    ...13 2012 2011 WTI 94.45 94.32 94.39 95.95 102.36 103.00 98.56 98...

    Volume: 57
    Issue: 36
    Published at Fri, 05 Sep 2014
  6. Iran Mulls Offering South Pars To IOCs As Opening Delayed

    ...ll behind schedule, whilst oil production and exports are now running at just two-thirds, and one half of 2011 levels respectively. But, as Iran continues its diplomatic push towards an agreement with the P5+1 (the five permanent members of the UN Security Council – the US, UK, France, China and Ru...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  7. Israel Refineries Hit Throughput Record, Diesel Exports Boom

    ...14 1H13 ‘000 b/d ***% 2013 2012 ‘000 b/d ***% 2011 2010 2009 20...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  8. GTL Back On The Radar For Mideast Downstream Planners

    ...2006 Qatar Shell/QP Pearl GTL, Ras Laffan 140 2011 Pr...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  9. Saudi Aramco To Invest $40bn Annually

    ...0bn barrels to existing resources. Saudi Arabia has 260bn barrels of recoverable reserves, a number that has remained constant even as output has risen steadily over the past decade to exceed an annual average above 9mn b/d since 2011. In addition to improved reservoir management, Aramco is lo...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  10. IDB Loans Egypt $425mn

    ...ruggling to revive its sagging economy, following the decline in growth since the overthrow of former president Husni Mubarak in early 2011. Egypt is seen by Gulf countries as key to stability throughout the Arab and Muslim world; stability which needs to be reinforced at a time of major political up...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  11. Indonesia’s Medco Returns To Tunisia As N American Firms Pull Back From MENA

    ...7.7mn sold Medco its Storm Ventures International subsidiary that holds the rights to the blocks. The deal once again gives Medco a foothold in Tunisia after it had relinquished its blocks in the country in 2011. Unlike other North African countries such as Libya and Algeria, Tunisia is not a major oi...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  12. Saudi Arabia Official Crude & Products Output, Consumption And Trade Figures, 1h 2014 (‘000 B/D)

    ...13 2012 2011 2010 2009 Crude Production 9780 +75 +138 9705 9660 97...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  13. Benchmark Crude Prices ($/B)

    ...13 2012 2011 WTI 94.55 94.39 97.19 102.36 105.13 103.00 98.56 98...

    Volume: 57
    Issue: 35
    Published at Fri, 29 Aug 2014
  14. South Sudan Oil Sector Takes Hit With Exxon Exit

    ...stopped operations at the block in 1985, after the resumption of the former Sudan’s decades-long civil war, which ultimately ended with a 2005 peace deal that paved the way for the South’s secession in 2011. And despite regularly talking up its plans to resume exploration at the block, it is yet to...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014
  15. Algeria: Terrorist Threat Low, But IOCs Keep An Eye On Security

    ...ys Riccardo Fabiani, an analyst at the Eurasia Group. And while the Algerian military were not deemed to be up to the task in 2011, some oil executives are now confident that the security forces have responded well to the shock of In Amenas. “We are conscious of what happened last year, co...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014
  16. Oman Oil Names Former Oxy Executive As New CEO

    ...$8mn from a senior official at Korea’s LG International some years ago, after the Korean firm won a total of $2bn-plus in contracts related to key downstream projects. The case came to light two years after the Omani leader Sultan Qaboos launched an anti-graft campaign in 2011, aimed at de...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014
  17. Arab Bank In Court

    ...nks – like France’s BNP Paribas – have faced US charges for doing business with countries against which the US has sanctions in place. The case may have implications for banks elsewhere in the Middle East. Lebanese banks, for instance, are notoriously secretive. In 2011, US Treasury Department ac...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014
  18. Benchmark Crude Prices ($/B)

    ...12 2011 WTI 93.96 97.19 97.52 102.36 105.13 103.00 98.56 98.03 94...

    Volume: 57
    Issue: 34
    Published at Fri, 22 Aug 2014
  19. Kurdistan Grapples With ISIS Threat; Oil Output Steady For Now

    ...reign oil companies, including ExxonMobil, whose entry into Iraqi Kurdistan in 2011 gave the KRG a claim of legitimacy that the smaller independents could not provide. Evacuations Continue But with evacuations of foreign staff underway by several of the more than 50 operators in the Kurdish oil se...

    Volume: 57
    Issue: 33
    Published at Fri, 15 Aug 2014
  20. Israel Upgrading Power Plants To Exploit Natural Gas Reserves

    ...wnward trend (see graph). Israel has been slowly phasing out the use of both in power plants since 2008 when it began importing Egyptian gas. The sharp downward trend – gasoil consumption alone halved in 2009 – was temporarily sent into reverse in 2011 and 2012, when Egypt first reduced shipments and th...

    Volume: 57
    Issue: 33
    Published at Fri, 15 Aug 2014