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Oil and Natural Gas

This section will try to explore more about Oil and Natural gas, in terms of Drilling, Investment, Infrastructure, Importing, Exporting, and prices, and it's an academic method to understand how making a connection between Hydrocarbons industry and global market.

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The Geopolitics of the Iraqi Kurdistan Natural Gas: A Stalemate or a Shift in Perspective?

Bahrooz Jaafar

8/23/2023 8:52:00 PM

Several problems surround the Kurdistan Region's natural reserves; internal political divisions and the lack of institutions, successive pressures from the central government in Baghdad, and regional efforts to keep the Kurds away from the energy issue. If the Iraqi Kurdish leaders develop a new energy security vision and build effective institutions, the region's natural gas could bring about geopolitical change.

A new era for natural gas markets

Mediterranean Institute for Regional Studies

7/11/2023 12:09:00 PM

In 2022, Europe faced the harshest energy crisis in its modern history. Russia’s invasion of Ukraine drove gas prices to historic highs, with spot prices peaking at almost 340 euros per megawatt hour (MWh) on August 26, 2022 – an annual increase of more than 640 percent. One year later, however, prices have returned to their 2019-2021 average.

The United States and the Kurdistan Region's Energy Issue

Bahrooz Jaafar

12/6/2022 11:45:00 AM

Hydrocarbons in the main basins of the Gulf, the Black Sea, and the Eastern Mediterranean have sparked the most dialogue at various levels. Regarding geographical position, the Kurdistan Region is between the three major strategic factions. This analysis discusses the level and limits of coalition support for the Kurdistan Region. As always, the U.S. administration in 2022, at various levels of support for the oil and gas sector of the Kurdistan Region, for example, during the visit of the U.S.

Iraqi Kurdistan Gas Resources: The Icarus Adventure

Sardar Aziz

9/4/2022 6:44:00 PM

In the Kurdistan Region of Iraq (KRI), gas is a relatively new industry rapidly growing in importance. The region has a massive amount of gas, accounting for an estimated 3 percent of global reserves. Domestic, regional, and international demand for gas is increasing for several reasons. Despite this potential, the sector faces many local, national, regional, and international challenges. Some of the region’s influential players are irritated that the gas could empower the Kurdistan Regional Gov

Chevron’s Latest Oil Deal With Iraq Is One To Watch

SIMON WATKINS

11/19/2021 10:41:00 AM

The idea of developing the 4.36 billion-barrel Nasiriyah oilfield has been mooted by a rapid succession of governments in Iraq since it was discovered by INOC in 1975. The original plan to develop the field on a standalone basis was shelved in the lead-up to the Iran-Iraq war that began in 1980 and lasted until 1988. The field eventually came on-stream in 2009 and was listed on the 2009-2010 fast-track development plan, which aimed to raise its output to at least 50,000 bpd in the first phase.

Syria’s oil, gas and water – the Immiscible Solution to the War in Syria

Mediterranean Institute for Regional Studies

10/22/2019 6:52:00 PM

In 2010, the energy sector contributed about 35% of export earnings and 20% of government revenue. The Oil & Gas Journal estimated Syria’s oil reserves at 2.5 billion barrels, as of January 1, 2015. These are located mostly in the east and northeast. Natural gas reserves are estimated at 241 billion cubic meters, located primarily in central Syria. Most of Syria’s crude oil is heavy (low gravity) and sour (high sulphur content), which requires a specific configuration of refineries to process. T

The Iraq-Turkey Pipeline Dispute: Opportunity in an Arbitration

Mediterranean Institute for Regional Studies

8/26/2019 9:09:00 PM

Fatigue and frustration aside, U.S. focus and engagement in Iraq remains critical to the national- and energy-security interests of the United States and its allies. Iraq has increased its oil production by more than half since 2012, and is set to be the world’s third-largest oil producer by 2030. Its proven natural gas reserves are enough to meet, for example, Germany’s present demand for 40 years.

Natural Gas in the Eastern Mediterranean: The Regional Destabilizer and the Quest for a Security Provider

Mediterranean Institute for Regional Studies

5/25/2019 10:36:00 PM

The relatively newly-found natural gas reserves in the Cypriot Exclusive Economic Zone (EEZ), coupled with the much more significant findings in Israel and Egypt generated over-excitement and disproportionate optimism regarding the economic future of the island, the prospects for a settlement to the Cyprus problem, and even regional stability in the Eastern Mediterranean. Alas, the findings created more challenges than opportunities. This piece deals with the developing regional instability due

Expectations behind Oil review in 2019

Mediterranean Institute for Regional Studies

1/17/2019 9:21:00 PM

The Brent crude futures curve flattened significantly in the last quarter of 2018 as oil prices slumped to $50s per barrel by end-year compared to four-year highs in early October of $86 per bbl, as US sanctions on Iran went into force. At the time of writing, the market remains in ‘contango’–where forward prices exceed spot price–on anticipation of supply glut or rising levels of inventories (crudes and products).

Bilal Wahab in an Exclusive Interview with MIRS: Corruption remains the Second Insurgency of Iraq

Dana Taib Menmy

2/12/2018 12:27:00 PM

In this interview with Dr. Bilal Wahab, a Wagner fellow at the Washington Institute for Near East Policy, talks to the MIRS about the future of energy lines across Middle East, and the issues of the oil and gas sectors in Iraqi and the Kurdistan Region.

The Surprising, Real Geopolitical Risk To Oil Markets

Mediterranean Institute for Regional Studies

11/16/2017 10:45:00 AM

According to many analysts and pundits, the Middle East suddenly became a much riskier place in which to do business over the past two weeks.

Comparative Analysis of Oil and Gas Contract Planning Agreement Between Kurdistan Regional Government (KRG) and Norway

Dilshad Mwani

11/5/2017 11:17:00 AM

This research study throws light on contract planning agreements practiced over the sector of oil and gas in Norway and KRG.

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