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Sudan, South Sudan Claim Oil Production Boon, But How Much?
...OC), a consortium of China National Petroleum Corporation (CNPC), Malaysia’s Petronas and ONGC Videsh (all state-owned) and local firm Nilepet. Since South Sudan’s independence in July 2011, GPOC has been responsible for operating those parts of Blocks 1, 2 and 4 that lie south of the border with Su...
Volume: 62Issue: 06Published at Fri, 08 Feb 2019 -
Algeria Reaches Critical Crossroads
...e Arab Spring that started in 2011. The government responded to local protests through more spending via food and fuel subsidies, salaries increases for public jobs and housing and health assistance, at a time when oil prices were comfortably sitting above $100/B. But it is now paying dear for a fa...
Volume: 59Issue: 06Published at Fri, 12 Feb 2016 -
New Kuwait Inquiry Targets GDF Suez, Sumitomo Deal
...osecutor, where the case has sat unresolved since 2011. Yet the man who led the charge against the Shell deal, ‘Ali Salih al-‘Umair, was recently appointed Minister of Oil. The al-Zour IWPP is not alone in the latest round of parliamentary scrutiny: also targeted is a $4.4bn deal to purchase 25 new Ai...
Volume: 57Issue: 06Published at Fri, 07 Feb 2014 -
Revolutions Spiral Out Of Control
...prived southern town of Tataouine are debated (MEES, 30 November 2012). Not only has the fall in oil production of recent years continued, the decline accelerated for 2011 whilst the sharp climb in gas output over the years to 2010 has gone into reverse (see graph). Of the almost 10...
Volume: 56Issue: 06Published at Fri, 08 Feb 2013