1. Iraq Bidding: Chinese Firms Dominate

    ...gion’s rebounding oil output (see p5). In the upstream, it operates the Kurdish-controlled Khurmala dome portion of the giant Kirkuk oilfield and between 2014 and 2017 it controversially operated the field’s Avana Dome, and the nearby Bai Hasan field after Kurdish forces moved in claiming to secure th...

    Volume: 67
    Issue: 20
    Published at Fri, 17 May 2024
  2. Kuwait’s Emir Suspends Parliament;Can He Quell Tumultuous Divisions?

    ...ss a crucial debt law since 2017 due to opposition by MPs, these onerous spending commitments saw Kuwait rack up some $108bn in cumulative deficits over 2014-2022 (see chart 2). A 2024-2027 government program published earlier this year envisages a further surging of deficits to a colossal total of KD...

    Volume: 67
    Issue: 20
    Published at Fri, 17 May 2024