Iraq pumps at full tilt, but qualms over contract terms linger on

There is much in early 2018 for the veteran oil minister Jabbar Al-Luaibi to feel positive about, wih exports from the southern Basra terminals breaking historical records. In December 2017, Iraq averaged 3.535m b/d of exports, the fourth successive month of higher loadings, according to Ministry of Oil (MOO) data. Overall production averaged 4.41m b/d, according to S&P Global Platts – slightly higher than the country’s 4.34m b/d Organisation of Petroleum Exporting Countries (Opec) quota. 11/01/2017 Issue 1,051 Read More

Bahrain's Economic Performance

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Gulf boundaries and hydrocarbons infrastructure

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The Gulf region: economy and society

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Iraqi Kurdistan hydrocarbons infrastructure map

Revised in January 2015, this map provides a detailed overview of hydrocarbons infrastructure in the Kurdistan area of Iraq.

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Levant has grounds to fear destabilisation from Saudi activism

The 3 January presentation of diplomatic credentials by the new Saudi and Lebanese ambassadors, Walid Al-Yaacoub and Fawzi...

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Firm oil prices give scope for more balanced economic decisions

Few can feel comfortable in a region where Gulf Co-operation Council (GCC) countries will need to borrow some $148bn next...

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Bahrain could reopen old wounds with Qatar territorial dispute

A 4 November announcement by the state Bahrain News Agency (BNA) has thrown into doubt the kingdom’s continued acceptance...

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