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Houthis Step Up Siege On Aramco Energy Infrastructure
...rt of a regional tour, during which he met with Saudi Foreign Minister Prince Faisal bin Farhan. During the talks, Prince Faisal said that Riyadh will take “necessary deterrent measures to protect its national resources,” hinting that the kingdom could pursue its plans from 2017 to purchase Russian S-...
Volume: 64Issue: 10Published at Fri, 12 Mar 2021 -
Can Iraqi Kurdistan’s Bickering Factions Grasp Key Opportunities?
...ferendum in September 2017 which saw longstanding KRG president Masoud Barzani (KDP) resign – he still plays a major role behind the scenes – and Federal Iraqi forces retake large swaths of territory including key oil fields in Kirkuk (MEES, 10 November 2017). The crisis further eroded relations with Ba...
Volume: 62Issue: 10Published at Fri, 08 Mar 2019 -
Syria’s Eastern Oil Fields: The Post-War End-Game
...In the second half of 2017, the US-backed Syrian Democratic Forces (SDF) stormed down the east bank of the Euphrates taking village after village from the Islamic State (IS) while the Syrian Arab Army (SAA) and its allies liberated besieged Deir Ez-Zor and the river’s western bank. IS now ho...
Volume: 61Issue: 10Published at Fri, 09 Mar 2018 -
Iraq’s Politicized 2018 Budget Aims To Slash Deficit
...om the revised 2017 budget. While current spending is set to decline only marginally in real terms (see table), parliament opted for a substantial 15.3% cut from $24.1bn in 2017 to $20.8bn in capital expenditures real terms a surprising decrease given the emphasis Baghdad is rightly placing on th...
Volume: 61Issue: 10Published at Fri, 09 Mar 2018 -
BP: Mideast Moves To Center Stage In Cash-Constrained Times
...ojects where appropriate in response to the current business environment.” BP expects Capex of between $17-19bn for 2016 and 2017, a modest-to-zero reduction on 2015 Capex of $18.7bn, down by 18% from 2014’s $22.9bn. BP says it also expects to make $5-8bn from divestments by 2017. BP’s 2015 spend in...
Volume: 59Issue: 10Published at Fri, 11 Mar 2016 -
For KRG All Roads Lead To Turkey
...ate banks are also expected to finance a proposed gas pipeline from the Kurdistan region, says Mehmet Sepil, President of Anglo-Turkish Genel Energy, which will supply the gas from its Miran and Bina Bawi gas developments in Iraqi Kurdistan starting in 2017. SOFT TURKISH LOANS Mr Sepil said on...
Volume: 58Issue: 10Published at Fri, 06 Mar 2015