In the very early hours of 23 September, Gulf Arab nations joined the United States in a series of bombing raids on jihadist targets in Syria. The raids were intended as much to show regional accord as to inflict damage on the so-called Islamic...
Without much fanfare, the Qatar Financial Centre (QFC) has been gradually shifting its strategy, allowing local companies to set up special purpose vehicles (SPVs) and trying to attract more non-financial firms, in what appears to be a tacit...
Russian-Iranian dialogue stepped up a gear in 2014, having cooled off during the tail end of Dmitry Medvedev’s 2008-12 presidency. Serious efforts have been made at the political level to give economic substance to the relationship, but with...
Before Japan’s Fukushima disaster and the ‘Arab Spring’ uprisings of 2010-11, Gulf Co-operation Council (GCC) countries, as well as Egypt and some other North African states, were seriously considering nuclear power as a long-term energy...
Oxfam America filed a new lawsuit against the Securities and Exchange Commission (SEC) on 18 September over delays to the implementation of a law requiring US-listed oil companies to disclose their payments to foreign governments. Oxfam accuses...
Eni’s new chief executive, Claudio Descalzi, is under preliminary investigation by the Milan prosecutor’s office in relation to the acquisition of Nigerian block OPL 245 in 2011. Descalzi, who replaced Paolo Scaroni in May, was head of Eni’s...
In another development in South Africa’s widening nuclear procurement saga, Westinghouse Electric Company claims that minutes from a key meeting were omitted from documents handed over by Eskom relating to the controversial award of a tender for...
Somalia’s petroleum ministry says it has no knowledge of plans to review a series of contracts, including an oil exploration agreement with the UK’s Soma Oil & Gas. On 17 September the Financial Times reported that the government planned to...
The announcement on 22 September of an inter-governmental agreement between South Africa and Russia on strategic partnership and co-operation in nuclear energy and industry has been greeted with bemusement by South Africans. The agreement was...
The drive to discover and exploit resources in high-risk jurisdictions such as those in most African countries has obliged international oil and oil services companies to adopt ever more sophisticated compliance systems. The cost to a company of...
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