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Month: May 2020

Category:
  • Iran

Iran’s Khamenei denounces Israel as ‘tumor’ that will be eliminated

Iran’s Supreme Leader Ayatollah Ali Khamenei called on Palestinians on Friday to continue their uprising against Israel, suggesting the Israeli government was a “tumor” that should be confronted until Palestinians Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Iraq

Financial free fall threatens Kurdistan’s stability, oil sector

In an era of depressed oil prices and budget disputes, the KRG has lost most of the revenue that underwrites its economy, and has no clear plan for bridging its Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Ethiopia

China Steps Up Pressure Over Ethiopia Hydro Power

China and the United Nations backed calls for Ethiopia to resume talks over its plan to begin filling a giant hydropower dam that is opposed by Egypt.  Ethiopia wants to Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • East Africa

The African Nation That Can’t Get Its Energy Industry Off The Ground

The African continent witnessed different reactions to the ongoing period of depressed demand – mature producers like Nigeria and Angola are facing liquidity issues and struggle to keep their 2020 Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • South Africa

South Africa scientists say up to 50,000 COVID-19 deaths possible

South Africa could see up to 50,000 coronavirus deaths and as many as 3 million infections by the end of the year as the southern hemisphere winter leads to a Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Economy, GDP Projection for 2020: Zainab Ahmed

Nigeria’s economy could contract 8.9% this year without stimulus, Lagos-based ThisDay newspaper reported, citing Finance Minister Zainab Ahmed. Measures being put in place could slow the contraction to 4.4% and if Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Pakistan

Pakistan’s coronavirus cases quadruple during the holy month of Ramadan — and show no signs of slowing

As Friday prayers began in the main mosque here last week, worshipers filled the front courtyard. Late arrivals squeezed into the back and into overflow areas, disregarding the tape on Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Bangladesh
  • Climate
  • India

Cyclone Amphan: Survivors return to face destruction left by storm

Millions of people across Bangladesh and eastern India are taking stock of the devastation left by Cyclone Amphan. A massive clean-up operation has begun after the storm left 84 dead and Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • India

World’s Third Largest Oil Consumer Sees Very Slow Demand Recovery

Crude oil demand in India will take longer to recover than many hope for as the country braces for the worst recession in its history after a two-month lockdown. Bloomberg Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple
Category:
  • Argentina

Argentina oil production may take years to recover despite $45/b reference price

Argentina’s move to set a $45/b domestic crude oil reference price this week has brought cheer to some oil producers, but analysts say it may take a couple of years Continue Reading

Posted On : 22 May 2020 Published By : Tom Whipple

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