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Marib Conflict Threatens Yemen’s Struggling Oil Sector
...llapsed to just 14,000 b/d in 2016. Green shoots then began to emerge, first in the eastern Masila Basin where state firm PetroMasila restarted oil production in 2016 (MEES, 15 September 2017). PetroMasila produces 40,000-50,000 b/d from Blocks 10 & 14, of which some 34,000 b/d was exported last year. Oi...
Volume: 64Issue: 12Published at Fri, 26 Mar 2021 -
Ex-Sonatrach CEO Held In Dubai Amid Refinery Probe
...rest warrant “against the main accused” in the ongoing corruption case surrounding Sonatrach’s December 2018 purchase of Italy’s 200,000 b/d Augusta refinery (MEES, 11 May 2018). “The main accused” was widely believed to be Ould Kaddour, who was Sonatrach CEO from 3 April 2017 to 23 April 2019 and le...
Volume: 64Issue: 12Published at Fri, 26 Mar 2021 -
Egypt Power: Plentiful Gas, Falling Demand Make Shortfalls A Distant Memory
...fective capacity with blackouts commonplace. Two key events have transformed Egypt’s power supply situation in recent years. The start up of the giant Zohr offshore gas field at the end of 2017 and its subsequent ramp-up made chronic gas shortages a thing of the past (MEES, 14 September 2018). And 20...
Volume: 64Issue: 12Published at Fri, 26 Mar 2021