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March 24, 2021

Nigeria
Nigerian Lawmakers Consider a Petroleum Investment Bill

Nigerian lawmakers are seeking passage of a Petroleum Industry Bill that would reorganize the oil industry. Since the establishment of civilian government in 1999 after a generation of military rule, repeated attempts at passing a PIB have been made.

Nigerian President Muhammadu Buhari is seated, wearing traditional dress, while signing a bill into law.

January 7, 2021

Southeast Asia
Cambodia Begins Oil Production, But Who Will Benefit?

Late last year, Cambodia finally began oil production, from offshore fields in the Gulf of Thailand. A joint venture between the Cambodian government and Singaporean company KrisEnergy Ltd started pr…

Chairman of the KrisEnergy Group Tan Ek Kia (L) shakes hands with Cambodian Minister of Economy and Finance Aun Pornmoniroth during a signing ceremony in Phnom Penh, Cambodia on August 23, 2017.

May 1, 2020

Iraq
Between a Rock and a Hard Place: Iraq’s Pledge to Cut Oil Production

Iraq faces an uphill battle in meeting its obligations to the historic production cut agreement reached by the Organization of Petroleum Exporting Countries (OPEC) and other major producers such as R…

A worker wears a protective mask, following an outbreak of coronavirus, at Nahr Bin Umar oil field, north of Basra, Iraq March 15, 2020.

July 26, 2018

NAFTA
Oil Production Has Moved North, and Auto Production South

Both Mexico and the U.S. are in a sense adjusting to (mild) oil shocks ...

Oil Production Has Moved North, and Auto Production South

April 30, 2019

Nigeria
Dangote’s Oil Refinery Central to Nigeria Meeting Its Production Goals

On April 25, the managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, said that Aliko Dangote's new Lagos oil refinery is central to the government meeting its ambi…

Nigeria-Dangote-Oil-Refinery-Construction

September 2, 2021

Digital Policy
Ransomware’s Path to Product/Market Fit

The economics of cybersecurity have long benefited attackers, but ransomware has become so successful that if these criminal gangs running the attacks were viewed as startups, they would all be unico…

A view shows a laptop display showing part of a code, which is the component of Petya malware computer virus according to representatives of Ukrainian cyber security firm ISSP, at the firm's office in Kiev.

August 16, 2022

Nigeria
Massive Borrowing Puts Nigeria’s Future at Risk

The country’s bloated debt portfolio is the outcome of decades-long economic mismanagement.

Nigerian President Muhammadu Buhari presents 2021 budget to the national assembly.

October 27, 2016

Sub-Saharan Africa
Recovery of Nigeria’s Oil Production Under Threat

According to the Nigeria National Petroleum Corporation (the state-owned oil company) Nigeria has the capacity to produce 2.5 million barrels of oil per day (bpd). At the beginning of the year, produ…

oil-militants

May 27, 2016

Sub-Saharan Africa
Nigeria’s Oil Production Down by 40 Percent

Oil is the property of the Nigerian state. Most of it is produced through partnerships between the Nigerian National Petroleum Corporation, which is owned by the state, and private oil companies. Oil…

Nigeria oil tankers

November 15, 2018

Saudi Arabia
Saudi Arabia Considers New Oil Production Cuts Amid Shrinking Budget Deficits

This is a guest post by Jareer Elass, an energy analyst who has covered the Gulf and OPEC for 25 years. He is a regular contributor to the Arab Weekly.  As the 2019 budget season approaches, Saudi…

 Saudi Energy Minister Khalid al-Falih addresses the gathering during India Energy Forum in New Delhi, India, October 15, 2018.