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Iran Revives 4mn B/D Production Target
...As key Opec members meet this weekend to decide whether to extend their ‘voluntary cuts’ into the second half of the year (see p9), Iran will as always cast its support from the sidelines. The country has essentially been exempt from cuts ever since Opec+ cuts began in January 2017, while ev...
Volume: 67Issue: 22Published at Fri, 31 May 2024 -
First Oil Export From UAE’s Belbazem
...velopment of Bu Haseer’s modest reserves economical, and Al Yasat has pursued a similar approach with Belbazem (MEES, 28 May). Outside of Al Yasat, CNPC is also present at Abu Dhabi’s largest concession, the 2mn+ b/d Adnoc Onshore concession. CNPC was awarded an 8% stake at Adnoc Onshore in 2017, ce...
Volume: 67Issue: 22Published at Fri, 31 May 2024 -
Sudan’s Army Turns To Russia For Weapons In Exchange For Naval ‘Supply Point’
...stored diplomatic relations with Sudan (under the SAF), having severed ties under President Bashir in 2016, when Khartoum sided with Riyadh following an attack on the Saudi embassy in Tehran, and later deployed troops to join the Saudi-led coalition fighting the Houthis in Yemen (MEES, 20 January 2017...
Volume: 67Issue: 22Published at Fri, 31 May 2024