- Sort by:
- Score
- Published ▼
-
IHC’S Lukoil Interest Showcases Global Energy Ambitions
...cently, Abu Dhabi’s overseas oil and gas interests have been in a process of consolidation that now appears to have ended. In 2017, Mubadala merged with fellow state investor IPIC, taking on a broad suite of investments that sit alongside its wholly owned subsidiary Mubadala Energy. This left it as Abu Dh...
Volume: 68Issue: 48Published at Fri, 28 Nov 2025 -
Will Iraq Be Caught In The Crossfire Of Trump’s Iran Policy?
...restart Kurdish exports to Turkey’s port of Ceyhan. This is especially the case given rumors from Washington that pro-Kurdistan names are being touted for senior positions at the Departments of State and Energy. But the KRG has also painfully learned, from its failed independence referendum in 2017...
Volume: 67Issue: 47Published at Fri, 22 Nov 2024 -
Tehran Takes Wary View Of US Presidential Elections
...timate say rests with Supreme Leader Ayatollah Ali Khamenei, who sets Iran’s overall policies. LESSER OF TWO EVILS? That said, a look at both candidates’ track records – Mr Trump’s presidency from 2017 to 2021 and Ms Harris’ tenure under President Joe Biden – shows that they were inclined to...
Volume: 67Issue: 44Published at Fri, 01 Nov 2024 -
Divided Kurdistan Struggles To Be Heard In Baghdad
...rum were cautiously optimistic that momentum is building behind the scenes to close the dangerous political divide between the two parties. The KDP had sought to take advantage of PUK divisions following the 2017 death of the party’s founder Jalal Talabani, but his son Bafel Talabani has now co...
Volume: 66Issue: 47Published at Fri, 24 Nov 2023 -
Algeria-Italy Gas Slump
...,300 b/d for an implied 60,000 b/d gross Ourhoud figure, less than half 2017 levels. Cepsa cites “scheduled maintenance turnarounds in Algeria” as a key reason for a fall in 9M 2023 upstream output versus a year earlier, as well as the sell-off of its UAE assets (MEES, 3 March). *Algerian state gi...
Volume: 66Issue: 46Published at Fri, 17 Nov 2023 -
Cairo Eases Power Cuts Amid Returning Volumes of Israel Gas
...ypt initially brought in two FSRUs to import LNG in 2015 as gas demand outstripped domestic gas output. But with the 2017 start-up of the 21.5tcf Zohr field domestic gas output soared (see chart, p2) and the need to import LNG lessened: Egypt most recently imported LNG in September 2018. For security of...
Volume: 66Issue: 45Published at Fri, 10 Nov 2023 -
Qatar’s Neighborly Exports Jump As Regional Leaders Reconcile
...e extent to which regional states are seeking to draw a line under the damaging Qatar embargo which lasted from June 2017 until January 2021 (MEES, 8 January 2021). That embargo was finally brought to an end at the 5 January 2021 GCC summit at Al Ula in Saudi Arabia. Disagreements may still happen be...
Volume: 65Issue: 47Published at Fri, 25 Nov 2022 -
Kuwait Reshuffles Oil & Gas Sector Leadership
...reverse capacity losses which saw KOC’s crude oil capacity fall to a 12-year low of 2.63mn b/d for 2020-21 (MEES, 22 October 2021), down from a peak of 3.15mn b/d in 2017-18. KOC’s new target is to reach 3.2mn b/d capacity by 2025 as part of KPC’s overall target of 3.5mn b/d. The other 30...
Volume: 65Issue: 45Published at Fri, 11 Nov 2022 -
Baghdad And KRG Sign Preliminary Oil Sharing, Budget Deal
...mo. The KRG’s independent oil exports have been a major bone of contention with Baghdad and a key cause of broader tensions between the two parties – including the 2017 operation to retake two of the KRG’s key producing fields, Bai Hassan and the Avana Dome, which transferred 280,000 b/d of production ba...
Volume: 62Issue: 48Published at Fri, 29 Nov 2019 -
Kuwait Emir’s Son Unleashes Political Upheaval
...e now out of the picture. Despite his own advanced age – 71 – Sheikh Nasser Sabah appeared to be solidifying a position as the front runner to eventually succeed his father. He was appointed deputy prime minister in 2017 and is the key backer of the planned $130bn Silk City megaproject (MEES, 15 De...
Volume: 62Issue: 47Published at Fri, 22 Nov 2019 -
Iran Ups Geopolitical Stakes With Nuclear Advances
...ssia. The new plants at Bushehr will also process Russian fuel (MEES, 31 March 2017). ...
Volume: 62Issue: 46Published at Fri, 15 Nov 2019 -
Jordan Energy Goals Remain Hostage To Geography
...xt to zero oil and gas resources, the Hashemite kingdom relies on costly imports for 95% of its energy consumption—a further burden on the country’s stagnant economy. Energy imports cost Jordan $3.42bn (JD 2.45bn) in 2017 up 26% from 2016, and with spending on oil imports alone up 43% for the fi...
Volume: 61Issue: 48Published at Fri, 30 Nov 2018 -
Libya Crude Export Revenue Set For Six-Year High
...nuary-September is already well above the firm’s $13bn earnings for 2017 as a whole, when export volumes averaged 790,000 b/d (versus 914,000 b/d for 9M18) and Es Sider averaged $52.8/B (versus $70.6/B for 9M18). MEES calculations put nominal gross crude export revenues at $11.36bn for 1H 2018 ve...
Volume: 61Issue: 47Published at Fri, 23 Nov 2018 -
Iran’s Oil Export Prognosis: Is The Market Too Blasé?
...gardless, it is feasible, perhaps likely, that by mid-2019 Iranian exports will have fallen well below 1mn b/d. Already, in advance of the 5 November re-imposition of US sanctions, total imports of Iranian crude and condensate had fallen sharply. From 2.64mn b/d for 2017 and 2.47mn b/d for the first ei...
Volume: 61Issue: 46Published at Fri, 16 Nov 2018 -
KRG Tempts Baghdad With Pipeline Expansion
...ming to tempt Baghdad into resuming piped exports to Turkey via the KRG’s link for the first time since June 2017. Indeed, the MNR’s statement makes clear its intentions. “The extra capacity will accommodate future production growth from KRG producing fields, and can also be used by the federal go...
Volume: 61Issue: 45Published at Fri, 09 Nov 2018 -
Bleak Picture For Iran As US Reimposes Oil Sanctions
...Iran’s oil exports fell by over 1mn b/d from 2017 levels even prior to this week’s re-imposition of US sanctions. Issuing waivers to eight Iranian clients, US President Trump says he is going “easy” on Tehran for fear of higher oil prices. While plenty of governments have talked tough against th...
Volume: 61Issue: 45Published at Fri, 09 Nov 2018 -
Qatar Petroleum Chief Consolidates Energy Sector Grip With Cabinet Seat
...October) and last year ended the moratorium on development of the giant North Field from which Qatar derives its world-leading LNG position. He himself was a driving force behind the imposition of the moratorium in 2005 (MEES, 17 October 2005) which was only lifted last year (MEES, 7 April 2017), ea...
Volume: 61Issue: 45Published at Fri, 09 Nov 2018 -
Qatar’s Export Revenues Hit A Four-Year High Despite Ongoing Embargo
...onomic embargo on Qatar in June 2017 they may have expected the emirate to acquiesce swiftly (MEES, 9 June 2017). But as the world’s largest LNG supplier and a major condensate exporter, amongst other liquids, Qatar always looked capable of surviving the blockade with minimal disruption (MEES, 9 June 2017...
Volume: 61Issue: 44Published at Fri, 02 Nov 2018 -
Lebanon Resignation Fiasco Highlights Limitations Of Saudi Iran Strategy
...isis” emerged in June 2017 when Saudi Arabia and its coalition issued a 13-point ultimatum and called on Qatar to cease its support of terrorist groups. The subsequent embargo is now in its sixth month, but Qatari exports have edged up (MEES, November 24). Seemingly cognizant that its strategy of re...
Volume: 60Issue: 47Published at Fri, 24 Nov 2017 -
Iraq Dreams Of Economic Normality With Draft 2018 Budget
...ficit is $9.9bn. Likewise, the $21.2bn deficit implied by the August revision to this year’s budget is based on an oil price assumption ($44.4/B) that now also looks highly conservative. Plug in the actual $47.3/B achieved for Iraqi crude exports in the first 10 months of 2017 and the deficit sh...
Volume: 60Issue: 46Published at Fri, 17 Nov 2017