Geopolitical Risk

Russian state firm Rosneft plans to construct a 30bcm/year gas pipeline to supply Turkey with Kurdish gas by 2020. But current KRG output is just 4bcm/y; where are the extra supplies to come from? And is there sufficient external demand?

Iraqi Kurdistan is holds its independence referendum on 25 September, a historic vote that will likely secure a resounding “Yes.” But how much will actually change?

Cypriot authorities remain upbeat on the country’s chances of finding offshore gas riches in the coming months despite Total’s failure to find commercially viable quantities. Next door, the deadline for Lebanon’s recent bid round has been delayed.

China is providing an economic lifeline to Yemen’s embattled government as it offers a steady outlet for crude exports. Exports...

With the diplomatic rift between Qatar and its neighbors entering its fourth month the situation is stabilizing. Restrictions on vessels...

Tentative moves towards improved Saudi-Iraqi relations raise the possibility of Iraq regaining access to a 1.6mn b/d export pipeline through the kingdom. This could prove a win-win for both.

Output from the West Qurna-II field in southern Iraq averaged 413,000 b/d in the second quarter of the year. This...

Faced with powerful business interests, efforts to cut corruption and promote social inclusion have come to an abrupt and premature end.

The volatility of output from Libya’s largest oil concession, the Repsol-operated Sharara fields, highlights the challenges of keeping the country’s oil production on an upwards trajectory.