Download PDF From the American point of view, the biggest energy revolution in recent years has been the explosion in domestic supplies of oil and gas that has catapulted the United States into the top ranks of global energy producers. But globally, one of the most important, if less visible, energy revolutions has been the ongoing explosion in demand for oil in the Middle Ea
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One of the major problems faced by decision-makers is the rising cost of refinery projects A few weeks ago I wrote about the outlook for the petroleum refining industry in the Middle East and the great expansion that is forthcoming from about 8 million barrels a day (mbd) to 15.5 mbd in 2020. One of the major problems faced by decision-makers is the rising cost of ref
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Download PDF In Iraq, the journey to prosperity and success will be much faster this time around – we did it 5,000 years ago, and we will do it again. Turkey’s insatiable demand for energy to sustain its growth and development has seen it casting aside its traditional suppliers as it looks to the Caspian region and Iraq to secure its energy requirements. According to the OE
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In Iraq different constitutional, co-operation and legal instruments govern contracts whether for projects or procurement. The constitution provides relevant provisions as guiding principles that have to be adhered to by all Iraqi entities. Also agreements concluded between Iraq and international entities comprise mandatory measures of direct relevance The Iraqi constitution h
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Download PDF file A funny thing happened on the way to the euro. When it was first introduced to the global financial markets in 1999, the Euro began to appreciate in value compared to the U.S. dollar (USD). Around this time, West Texas Intermediate crude oil was trading below $20 a barrel. As the dollar lost value, oil began to rise. Is this a coincidence? The dollar began to
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