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  1. Oman, Bahrain, Qatar Follow Saudi In Hiking Fuel Prices

    ...ve been widely domestically criticized. Independent MP Jamal Dawud said that “the decision will make the poor poorer.” Meanwhile, the main Shia political bloc Al-Wifaq, that has boycotted parliament since 2011, said the decision” reflects a futile and impromptu management of economic policies in the ki...

    Volume: 59
    Issue: 02
    Published at Fri, 15 Jan 2016

  2. Sinai Instability Headache For Regional Pipeline Plans

    ...peline south of Arish, in the north of Egypt’s lawless Sinai Peninsula. The pipeline linking Egypt with Jordan (and in theory Syria and Lebanon) has been the target of militants on more than 30 occasions since 2011.   Though Egypt was contracted to supply 250mn cfd, no gas has reached Jordan si...

    Volume: 59
    Issue: 02
    Published at Fri, 15 Jan 2016

  3. Shell, Iran Clear Debt

    ...troleum Contract (IPC - MEES, 4 December 2015).   The debt stems from purchases of Iranian crude in 2011 and 2012 for which Shell was unable to pay due to the imposition of fresh sanctions in 2012. In the firm’s 2012 annual report, it said that “Currently, we have approximately $2,336 million pa...

    Volume: 59
    Issue: 02
    Published at Fri, 15 Jan 2016