On 21 April KMG and Bermuda-headquartered Nabors Industries Ltd. announced the establishment of their new JV, KMG Nabors Drilling Company LLP, at a signing ceremony attended by Deputy Energy Minister Uzakbay Karabalin. The JV is slated to be a major driller and developer for the Future Growth Project (FGP) at the Tengiz field, and possibly
On 28 April the Frelimo parliamentary majority voted to pass the government’s PES and budget for 2015, which had been submitted to the AR on 24 April. Notably, Renamo and the MDM voted against both. The PES is a more detailed version of the Frelimo government’s five-year plan, which is in turn based on the
After a period of relative calm in February and March, Rosneft President Igor Sechin has returned to the front lines of the oil and gas political arena with renewed challenges to senior government figures and Rosneft’s private sector competitors. On 22 April Rosneft responded to the Ministry of Natural Resources and Ecology’s proposal to extend
Prime Minister Haider al-Abadi’s visit to Washington earlier this month set the seal on his first half-year in office, underlining the strong international support he still enjoys and further strengthening his hand in domestic politics. In the early days of his administration, it was easy to characterize Abadi as a puppet or a political lightweight.
On 20 April Minister of Defense Nosiviwe Mapisa-Nqakula announced that the SANDF would be deployed to key areas to quell a spate of xenophobic attacks that have broken out in recent weeks, resulting in at least seven deaths. So far, the SANDF has been sent to parts of Johannesburg and Durban. The deployment, which is
In recent months, Turkey has been the subject of allegations in Kuwaiti and Lebanese media that intermediaries operating within the country have been providing funds and recruits for ISIL, including by using an as-of-yet undisclosed bank for these illicit transactions. The news both highlighted the fact that ISIL continues to receive substantial assets from within
UN envoy Bernardino Leon recently claimed that the participants in the UN-facilitated dialogue process had produced a draft ”which looks like something very close to a final agreement.” Leon also claimed that “80% of the text in the draft is… something that the parties can agree [on].” However, Leon’s statements should be viewed in light
On 20 April independent Mexican exploration and production company Citla Energy announced that it had partnered with ACON Investments, a private equity investment firm based in Washington, D.C., to seek opportunities in exploration and production projects in Mexico as part of the ongoing energy reforms. ACON has managed some $3.6bn in 50 international investments, including
In the wake of xenophobic violence in South Africa that began in Durban at the end of March, at least three Mozambicans were killed and an estimated 700 Mozambican nationals displaced. This latest wave was triggered by controversial statements made last month by Zulu King Goodwill Zwelithini, who called for immigrants to leave South Africa.
When Prime Minister Haider al-Abadi visited the White House on 14 April, there was room for three other officials on the couch reserved for the Iraqi delegation in addition to Abadi himself. Notably, Hussein Shahristani, the former deputy prime minister for energy, had a seat – albeit the furthest from Prime Minister Abadi and US