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Yemen On Brink Of Collapse As Crisis Threatens To Submerge Oil Sector
...adership to acquiesce to their wishes. But while the feeder gas pipeline from Marib to the plant proved to be the target of choice in 2011 and 2013 – the focus has since shifted to Balhaf itself – which has been the subject of two mortar attacks in less than a year. The latest of these came this week, wi...
Volume: 57Issue: 51/52Published at Fri, 19 Dec 2014 -
UK Restores Permanent Gulf Presence Amid Escalating ISIS Fight
...’s facilities after its withdrawal in 1971 – and therefore benefits from the United States’ security umbrella. Largely due to the presence of international security forces in Bahrain, including the US Navy as well as the GCC force that intervened to help quash unrest in 2011, Bahrain spent just $1....
Volume: 57Issue: 50Published at Fri, 12 Dec 2014 -
Libya: UN Efforts To Mediate Run Into Headwinds
...und of talks held in September did not yield any results. Libya’s latest political crisis in the aftermath of the 2011 revolution that swept Mu’ammar al-Qadhafi from power ignited when Islamist militia took control of Tripoli in July in response to parliamentary elections held a month earlier. The el...
Volume: 57Issue: 50Published at Fri, 12 Dec 2014 -
Healed GCC Is To Meet In Doha, Discuss Stronger Military Ties
...gional security – including the expansionary Islamic State and the GCC’s rival across the Gulf, Iran – the group will likely only be capable of taking baby steps towards that goal. GCC defense spending has come off its early 2000s highs but outlays have spiked since unrest rocked the MENA region in 2011...
Volume: 57Issue: 49Published at Fri, 05 Dec 2014 -
Iran Oil Exports To Rise In 2015 Despite Nuclear ‘No-Deal’
...wn, averaging less than 1.3mn b/d for the first ten months of 2014 (including condensate), versus 2.53mn b/d in 2011 (see graphs). Condensate Boost Speaking in Vienna this week, Iran’s Oil Minister Bijan Zanganeh said that despite the sanctions, Iran is still targeting an increase in exports ov...
Volume: 57Issue: 48Published at Fri, 28 Nov 2014 -
GCC Mends Fences
...st several months, Saudi Arabia finally returned its ambassador to Doha this week. The UAE and Bahrain will likely follow suit, though it is unclear if the dispute has reached a final resolution. Since the 2011 ouster of Egypt’s Husni Mubarak, the GCC has been roiled by an internal dispute that pi...
Volume: 57Issue: 47Published at Fri, 21 Nov 2014 -
IOCS In Tunisia Look To Bureaucratic Debottlenecking
...tput since 2010. The aftermath of the 2011 revolution that toppled Ben Ali, saw substantial political instability, as a first government had to make way to a caretaker administration. As a result, exploration rights were not granted, and exploration and production permits not renewed, a serious bl...
Volume: 57Issue: 44Published at Fri, 31 Oct 2014 -
Tunisia: Election Time In The Arab Spring’s Sole Survivor
...TUNISIA Tunisia: Election Time In The Arab Spring’s Sole Survivor Regime change in Tunisia set off a series of revolutions across the Middle East in 2011. The achievements of these protest movements have largely been reversed elsewhere, but parliamentary elections held in Tunisia over th...
Volume: 57Issue: 43Published at Fri, 24 Oct 2014 -
Oil Revenues Key To Conflict In Libya
...bya specialist at the International Crisis Group. The enmity is rooted in the period after Mu’ammar al-Qadhafi was toppled in 2011, when the JCP stonewalled decision making in the GNC, so paralyzing a government already struggling to impose its authority on the country. The Misratans on the other ha...
Volume: 57Issue: 42Published at Fri, 17 Oct 2014 -
Airstrikes Hit Syria’s Murky Wartime Oil And Gas Sector
...e entry of US-led coalition warplanes into the Syrian melee. In fact, Syria suffered from years of decline in its oil sector even prior to the outbreak of war in 2011, which then reduced oil and gas production to a mere trickle. Declining oil revenues helped put Syria on the path to civil unrest an...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
Libya Oil Revival Cut Short By Sharara Outage
...litical crises and strikes left oil production fluctuating since the ouster of Muammar al-Qadhafi in 2011. Libya’s production increases in recent months had defied an escalating conflict between militia supporting opposing political factions. Output rebounded after the Political Bureau of Cyrenaica (PB...
Volume: 57Issue: 38Published at Fri, 19 Sep 2014 -
Iraqi Oil Sector Faces Years Of Instability
...ghdad Tension Remains But northern Iraq is likely to remain divided for some time. The current cooperation between Erbil and Baghdad is likely to revert to the status quo ante, with flashpoints along the so-called “Trigger Line”, without (as has been the case since late 2011) the calming influence of...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
GCC Saga Continues
...fering citizenship – and its perks – to Sunni Bahrainis, a highly sensitive demographic issue for Manama, which has faced several rounds of Shia-led protests since 2011. However, it remains unclear if Doha is prepared to agree to accept a scaled-back role in regional affairs. Libya Attacks Sa...
Volume: 57Issue: 36Published at Fri, 05 Sep 2014 -
IDB Loans Egypt $425mn
...ruggling to revive its sagging economy, following the decline in growth since the overthrow of former president Husni Mubarak in early 2011. Egypt is seen by Gulf countries as key to stability throughout the Arab and Muslim world; stability which needs to be reinforced at a time of major political up...
Volume: 57Issue: 35Published at Fri, 29 Aug 2014 -
Algeria: Terrorist Threat Low, But IOCs Keep An Eye On Security
...ys Riccardo Fabiani, an analyst at the Eurasia Group. And while the Algerian military were not deemed to be up to the task in 2011, some oil executives are now confident that the security forces have responded well to the shock of In Amenas. “We are conscious of what happened last year, co...
Volume: 57Issue: 34Published at Fri, 22 Aug 2014 -
Pressure Eases As Yemen Secures Long-Awaited Loan
...y oil and gas infrastructure has been regularly targeted by Islamic militants and tribesmen alike, since the start of anti-government protests in 2011. The protests, and the eventual ouster of President Salih the following year, left a power vacuum in the state that militants have since been looking to...
Volume: 57Issue: 33Published at Fri, 15 Aug 2014 -
Confusion Reigns As Iran Denies Russia Oil Deal Reports
...anian oil exports are down by more than 1mn b/d on average over the past 12 to 16 months, relative to 2011 levels, on the back of international sanctions placed on it on account of its nuclear program (MEES, 1 August). Given Russia’s place among the P5+1 group of world powers currently in ne...
Volume: 56Issue: 32Published at Fri, 08 Aug 2014 -
Libya: Anarchy Entrenched As Fighting Continues
...uld be a first step towards strengthening central government in the aftermath of the 2011 revolution that toppled Mu’ammar al-Qadhafi. The despot left behind few state institutions that could be used as the basis for a functioning government; instead power quickly fell to the disparate militia groups th...
Volume: 57Issue: 31Published at Fri, 01 Aug 2014 -
Libyan Operators Wait For Output Surge
...ened up the pipeline to the Mellitah terminal; Sharara production is exported from nearby Zawiya. Before the revolution that toppled veteran despot Mu’ammar al-Qadhafi in 2011, Libya was producing 1.6mn b/d. The hasty shut down of fields and pipelines during the fighting led to fears that it would ta...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014 -
Saudi Arabia Denies Funding Isis
...ceived new support from Iran in the form of elite al-Quds brigade forces helping to fight the Sunni insurgency. Prince Muqrin bin ‘Abd al-‘Aziz, the former Saudi intelligence chief named recently as the future King of Saudi Arabia to succeed Crown Prince Salman, back in 2011 warned Washington at a me...
Volume: 57Issue: 28Published at Fri, 11 Jul 2014