IRAQ DATA: December oil exports up 0.5% on month despite higher OPEC+ quota
December exports up 0.5% to 3.677 million b/d Quota rose to 4.237 mil in Dec b/d, vs 4.193 mil b/d in Nov January quota stands at 4.281 mil b/d Iraq’s Continue Reading
Iraq’s INOC to take over ExxonMobil’s stake in West Qurna 1 oil field: minister
Highlights Cabinet grants approval for INOC’s takeover of stake: minister ExxonMobil had filed lawsuit last year over stake sale ExxonMobil wanted to sell stake to a third party The Iraqi Continue Reading
China Secures Foothold In This Strategic Middle East Oil State
Oman continues to expand its cooperation with China as it looks to build out its petrochemical sector Oman’s options to raise money through conventional bond offerings remain constrained China already Continue Reading
Kazakhstan’s government resigns as fuel protests rage
Kazakh President Kassym-Jomart Tokayev accepted the government’s resignation on Wednesday after a fuel price increase in the oil-producing Central Asian country triggered protests in which nearly 100 police were injured. Continue Reading
Kazakhstan protests reach highest-producing oil field Tengiz, output unaffected: operator
No supply disruption reported from main export fields Contract workers gather in support of protests Mangistau region output mainly directed to domestic needs Contract workers at Kazakhstan’s highest-producing oil field, Continue Reading
Russia-Led Bloc to Send Troops to Kazakhstan Amid Protests
Russia and its allies pledged to send troops to help quell protests in Kazakhstan that posed the biggest threat to the central Asian country’s leadership for decades. Dozens of anti-government Continue Reading
Protests escalate in Kazakhstan; president’s home set ablaze
Riot police walk to block demonstrators during a protest in Almaty, Kazakhstan, Wednesday, Jan. 5, 2022. Demonstrators denouncing the doubling of prices for liquefied gas have clashed with police in Continue Reading
Kazakhstan appeals for help from Russian-led alliance over protests
Kazakhstan’s president appealed to a Russian-led military alliance for help on Wednesday after vowing to act with force to curb protests that have swept the resource-rich central Asian nation in Continue Reading
bringing a grim sense of déjà vu
When the Omicron coronavirus variant spread through India late in December, Prime Minister Narendra Modi urged the nation to be vigilant and follow medical guidelines. Arvind Kejriwal, the chief minister Continue Reading
Guyana Is Taking Control Of Its Oil Boom
Guyana’s recent oil discoveries could not have come at a better time for the country, with international companies looking to move away from traditional oil-producing states A new law passed Continue Reading