South Africa - 02

South Africa: Implications of Zuma’s Cabinet Reshuffle

President Jacob Zuma’s late-night reshuffle on 30 March saw both Minister of Finance Pravin Gordhan and his deputy Mcebisi Jonas ousted from the Department of Finance and Tina Joemat-Pettersson replaced with Mmamoloko Kubayi as minister of energy. A total of 10 ministers and 10 deputy ministers were reshuffled. The replacement of Gordhan and Jonas with

Brazil - 02

Brazil: Parente Stays On as CEO: A Good Moment for Petrobras

Petrobras announced this week that CEO Pedro Parente’s tenure has been renewed for an additional two years to 2019. The decision was approved in a board meeting on 26 March. Parente took over as CEO in May 2016 following Aldemir Bendine’s resignation. Bendine, who had served as the head of the state-owned Banco do Brasil,

Kazakhstan - 01

Kazakhstan: Relations with Uzbekistan: Prospects for Downstream Cooperation

Last week Kazakh President Nursultan Nazarbayev hosted Uzbek President Shavkat Mirziyoyev for his first state visit to Astana. The two leaders claimed a breakthrough in their countries’ bilateral relations: they signed nearly 100 commercial agreements and memoranda of understanding worth $840mn in total and pledged to increase bilateral trade from $2bn to $5bn. The two

Turkey - 02

Turkey: Turkish State Bank Executive Arrested in New York: Implications for US-Turkey Relations

On 27 March Mehmet Hakan Atilla, the deputy CEO of Halkbank, Turkey’s largest state-owned bank, was taken into custody at John F. Kennedy International Airport in New York. He was detained on charges related to the infamous case involving Babak Zanjani, an Iranian business magnate who played a role in bypassing US-led sanctions. The head

Mozambique - 04

Mozambique: Upcoming Frelimo Congress: Prospects for Chipande

Earlier this week, Frelimo members were notified to contribute part of their salaries for the party to be able to afford its congress, which is set to take place in September in Maputo/Matola. (A note to this effect was sent to party members throughout the public sector.) Payments range from 10,000 meticais ($140) for a

Mexico - 02

Mexico: Open Season in Jeopardy: CRE’s Repeated Delays

CRE was slated to release the results of the first call of the Open Season, the bidding round to reserve midstream capacity from Pemex Logistics, on 15 March. Instead, the agency recently announced that the bidding round would be delayed for another two weeks. Companies had submitted their bids on 10 March, and transport and

South Africa - 05

South Africa: MPRDA Makes Slow Progress through Provinces

Public hearings on the MPRDA Amendment Bill have taken place at several of the provincial legislatures over the past two months. The period for written comments closed on 22 March, and the final provincial public hearing is due to take place in the Northern Cape legislature on 29 March. While the legislative process is slowly

South Africa - 04

South Africa: ANC Policy Discussion Documents Repeat Ideas for Energy Sector

Earlier this week the ANC released the discussion documents that will inform debate ahead of its National Policy Conference between 30 June and 5 July. The documents provide a strong indication of the party’s policy trajectory ahead of its December National Conference, where policy resolutions will be adopted. The documents include a number of important

Russia - 03

Russia: Putin Restrains Sechin’s Ambitions

For the first time in the last few years, President Vladimir Putin has ordered Rosneft CEO Igor Sechin to restrain his ambitions. Putin’s order specifically concerned the latest standoff between Sechin and Transneft President Nikolai Tokarev, but its implications are far wider. Sechin was ordered to dismantle the security team at Rosneft and stop flooding

Libya - 01

Libya: Oil Trucking Extortion in Western Libya: A New Energy Infrastructure Headache

Three months after the lifting of a two-year blockade of the Al-Ryayna pipeline, which links the major southwestern El Sharara oil field to facilities on the coast, a new threat to exports has re-emerged in the form of Mohammed El-Gurg. Hailing from Zintan, El-Gurg was one of the key figures behind the Al-Ryayna blockade, which