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  1. Iran Sets New Production Targets As Owji Offers Oil To The World

    ...rget is a flashback to 2015 when the Joint Comprehensive Plan of Action (JCPOA) was signed and Iran sought to bring foreign firms back into the country. Back then Iran targeted 5.7mn b/d by 2017-18 (MEES, 25 September 2015), but few firms were willing to take the plunge. TECHNICAL & FINANCIAL CH...

    Volume: 65
    Issue: 05
    Published at Fri, 04 Feb 2022

  2. Exxon Eyes 25% 2022 Permian Growth

    ...ficiencies and driving technology applications… has worked very, very well, and we’re seeing the results of that.” This references a strategy first set out in 2017 (MEES, 17 February 2017) and expanded upon two years later (MEES, 15 March 2019). Exxon also stuck to its guns and doubled down on the Pe...

    Volume: 65
    Issue: 05
    Published at Fri, 04 Feb 2022

  3. Egypt To Seek More IMF Aid Amid Growing Budget Deficit

    ...se. Preliminary figures for the first half of the current 2021-22 financial year (ie for 2H 2021) show subsidies and grants spending rising to E£136bn ($8.6bn), the highest first half figure since 2017-18 and up 36% from the 1H 2020-21 figure (see table and chart 1). Whilst comparing part year ac...

    Volume: 65
    Issue: 05
    Published at Fri, 04 Feb 2022