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Qatar Unfazed By Arab Blockade

September 15, 2017 Zainab Calcuttawala 0

Qatar’s resilience in the face of months of economic and diplomatic ostracization echoes in the ears of Saudi Arabia—a regional and religious leader running out of options in its quest to keep the states on the Arabian Peninsula within the confines of its geopolitical agenda. Doha flaunted its perseverance in fulfilling international natural gas orders once again this week, when Energy Minister Mohammed Bin Saleh Al Sada confirmed this fact to diplomats and reporters in Doha. “During this blockade we have never missed a single…

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Houthis Threaten Saudi Oil Tankers

September 14, 2017 Zainab Calcuttawala 0

Houthi leader Abdel-Malek al-Houthi said his rebel alliance would begin attacking Saudi oil tankers should the Kingdom begin an offensive against the key Yemeni port of Hodeidah, according to a new report by Reuters. “We could target Saudi oil tankers and we could do anything, we have not done this before,” he said. The speech, which was televised across the Houthi leader’s territory, added that Yemeni missiles could reach the Emirati capital of Abu Dhabi, as well as anywhere in Saudi Arabia, though Reuters reports that the group’s…

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OPEC’s No. 2 Faces Civil War Threat

September 13, 2017 Zainab Calcuttawala 0

Tribal violence in the southern regions of Iraq is erupting on sectarian lines, threatening safety and security at oil facilities, officials told Kurdistan24. A majority of Iraq’s law enforcement network has congregated in the northern and western portions of the country to contain the efforts of the Islamic State to restart the reign of its illicit organization, giving Shia and Sunni the leeway to reignite previous rivalries. “We need larger forces to control rural areas and restrain lawless tribes in the south,” Army Lieutenant…

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Nigeria To Shutter Three Oil Refineries To Rehabilitate Output

September 13, 2017 Zainab Calcuttawala 0

Nigeria will shut down three of its oil refineries for comprehensive rehabilitation, according to an announcement by the Nigerian National Petroleum Corporation (NNPC) on Wednesday. The Kaduna, Warri and Port Harcourt refineries will shutter to allow the national oil company to return refining capacity to their nameplate levels, NNPC managing director Dr. Maikanti Baru told reporters at the capital. “As you know, it is being the perception of the public that the repairs of the refineries are never done thoroughly. So this time, our intention…

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Largest Libyan Oilfield Back Online After Armed Assault

September 8, 2017 Zainab Calcuttawala 0

Libya’s largest oilfield is now fully operational following a couple of weeks of output turbulence, according to UPI, who received official confirmation of the oilfield’s operational status from Austrian energy firm, OMV. The “irregularities” had been caused by “gangsters,” said Mustafa Sanalla, head of Libya’s National Oil Corp. In late August, the assaults by the armed group Reyayna Patrol Brigade had forced some of the pipelines connected to the Sharara field to be shut down. The ordeal cost $160 million…

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Kazakhstan Seeks New Deal To Develop Delayed Kashagan Field

September 7, 2017 Zainab Calcuttawala 0

Kazakhstan plans to strike a standalone deal with a multinational oil and gas major to increase output at the Kashagan field, according to a Kazakh official who spoke to Reuters. Astana ramped up output by 9.9 percent between January to July, bringing its total production to 1.724 million barrels per day. The country had vowed to keep output below 1.7 million bpd last November, when OPEC and 11 non-member nations struck a landmark production agreement in Vienna. Kazakhstan does not plan to remain in violation of the OPEC deal for long. It hopes…

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Oman To Become A Key Part Of China’s Silk Road

September 7, 2017 Zainab Calcuttawala 0

New Chinese investments are working to transform a small fishing village in Oman into the country’s new industrial center, according to a new report by Reuters. The city receiving all of the industrial attention is located 345 miles south of Muscat. The project promises an overall surge in Chinese investment in the country if it shows any indications of a success. Three years of low oil prices have pummeled the country’s revenues, making foreign direct investment a key source of new capital in a difficult time. Duqm, the city inundated…

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China Declares Support For Punitive Action Against North Korea

September 7, 2017 Zainab Calcuttawala 0

Chinese Foreign Minister Wang Yi announced on Thursday Beijing’s support for punitive action against North Korea for its recent ballistic missile tests over Japan. The United States has proposed an oil embargo against North Korea enforced by the United Nations after Pyongyang authorized nuclear tests that violated several UN resolutions. Yi encouraged the global community to reach a consensus on a strategy to deescalate the North Korean nuclear program and eventually invite Pyongyang into international diplomatic circles. In additional to…

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Qatar’s Latest Move Against The GCC Blockade

September 5, 2017 Zainab Calcuttawala 0

Three months after the announcement of a Gulf blockade against Qatar, the country is accelerating trade growth via a special port located on its shores, according to reports emerging from the region. The $7.4 billion Hamad port had been designed as a point of economic independence from Saudi Arabia and the United Arab Emirates. “This is a gateway to break the shackles imposed on Qatar,” Doha’s transport minister Jassim bin Saif Al-Sulaiti said at the port opening held on Tuesday. “Nothing can stop us and our ambition,” he added. Doha dodged…

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Tesla’s New Frontier: Batteries And Wind

September 5, 2017 Zainab Calcuttawala 0

To power Tesla’s electric car empire, the company has joined hands with Vestas, a top wind turbine manufacturer, to create a storage system that would make power generated from wind useful during quiet days in the jetstreams. Vestas has been on this quest for a while already. Its research and development team already has ten projects lined up to tackle this issue. Both solar and wind power have this same drawback: a dark day or a windless morning can throw off power generation for entire communities. Natural gas turbines replaced solar…

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