1. Iraq-KRG Oil Talks Resume But Wide Differences Remain

    ...oup, the firm gave up a 60% stake in June 2017 to Russian state-firm Rosneft (MEES, 16 June 2017) which brought capacity to the current 950,000 b/d. Although typically only around half of this is being utilised (see chart). Moving ownership from Kar and Rosneft to INOC in the future would be pr...

    Volume: 66
    Issue: 09
    Published at Fri, 03 Mar 2023
  2. Repsol & Shell Leave Morocco; Repsol Quits Iraqi Kurdistan

    ...as Covid hit) fuel Morocco’s two gas-fired power plants (MEES, 5 June 2020). The exit of Repsol and Shell leaves the only sizable players in Morocco as Eni, which has the shallow water Tarfaya permit off the south of the country (MEES, 22 December 2017), and ConocoPhillips which signed up for th...

    Volume: 64
    Issue: 09
    Published at Fri, 05 Mar 2021
  3. Middle East Adjusts To Trump’s Foreign Aid Game

    ...nual hike to the already sizable assistance the US provides to Amman. Jordan is the most aid-dependent country in the Middle East, with foreign grants comprising about 10% of budgeted revenues this year (MEES, 1 December 2017), and the US is Jordan’s single biggest donor. Israel, the region’s se...

    Volume: 61
    Issue: 09
    Published at Fri, 02 Mar 2018
  4. Lebanon’s Political And Economic Struggles Continue

    ...s attempt to cobble together a budget for 2017 after failing to do so for the past 12 years is unsurprisingly proving to be an uphill struggle. The disruptive headwinds from the ongoing conflict in Syria, which brought into Lebanon more than 1.5 million refugees, also led to a deterioration in ec...

    Volume: 60
    Issue: 09
    Published at Fri, 03 Mar 2017
  5. Warring South Sudan Factions In Last-Chance Saloon

    ...ly 2017. But peace cannot be delayed, and this should not detract from the formation of a transitional government by 9 July… Adhering to commitments made since last May to form a transitional government is the way to address the issue of government legitimacy,” Mr Cannell says. IMPLEMENTATION ST...

    Volume: 58
    Issue: 09
    Published at Fri, 27 Feb 2015