Subscribe to RSS
banner

OPEC Set To Rake In $1 Trillion In Revenues

JaulaDeArdilla / Foter

Members of the Organization of the Petroleum Exporting Countries (OPEC) could earn an estimated USD1,171 billion of net oil export revenues in 2012 and USD1,133-billion in 2013, according to the U.S. Department of Energy data unit, the EIA. READ MORE HERE

0 comments

Add your comment

Nickname:
E-mail:
Website:
Comment:

Other articlesgo to homepage

OPEC: Cuts coming?

OPEC: Cuts coming?(0)

While OPEC may not take action at its meeting on December 12, most analysts expect the group to cut production in the new year or face depressed crude prices.

Hidden riches: ME’s undiscovered oil & gas resources

Hidden riches: ME’s undiscovered oil & gas resources(0)

The Middle East is awash with billions of dollars worth of undiscovered oil and gas buried deep in the region, according to the United States Geological Survey. But the largest deposits are not in Saudi Arabia.

US shale: A threat to Saudi dominance?

US shale: A threat to Saudi dominance?(0)

OPEC finally acknowledged the very clear and present danger of North American shale oil and gas production.

Saudi Arabia: Refinery Hub

Saudi Arabia: Refinery Hub(0)

Saudi Aramco ‘s decision to proceed with the 400,000 barrels per day Jazan Refinery is part of a trend of turning the Middle East into a beehive of global refining activity.

Iraq: Making up for lost decade?

Iraq: Making up for lost decade?(0)

Although many new pockets of oil and gas reserves are bubbling all over the world, international oil companies consider Iraqi natural resources as one of the most prized assets.

read more
banner

Contacts and information

AlifArabia’s aim is to offer a brutally frank but sincere analysis on the Middle East region’s business and political issues. It wants to see a thriving and dynamic Middle East that encourages corporate and government transparency, investments and policies that allow the economies to grow.

Social networks

Most popular categories