riskandforecast

Energy

Risk Watch  03/07/12

Saudi Arabia increases oil production as EU embargo against Iran starts

Saudi Arabia has increased its oil production to a 30-year high in an apparent attempt to cover the drop of Iran oil exports due to the EU embargo....

First oil flows through UAE’s Hormuz bypass

The UAE has started the operation of the so-called Hormuz bypass that allows the export of oil via a pipeline that bypasses the Straits of Hormuz....
 
Flash Report  22/11/11

MOL in Croatia – Lull before the storm

The Croatian government failed to put legal controls on the Hungarian Company’s business share, which means that it will leave the resolution of the problem to the incoming administration....
Flash Report  31/05/11

Mol-affair: Foreign policy coup with potentially risky consequences

On May 24, Prime Minister Viktor Orbán unexpectedly, although not without preliminaries, announced: the government acquired the 21.2% stake of Russia’s Surgutneftegaz in MOL for EUR 1.88 billion....
 
Risk Watch  02/05/11

Pipeline carrying Egyptian gas to Jordan bombed

Jordan faces an increase in deficit after Egyptian gas supplies were disrupted....
Dubai  12/04/11

Dubai faces mini-boom

The UAE and the emirate of Dubai in particular are likely to experience a mini-boom as a result of the regional situation....
 
Bahrain  03/01/11

Oil prices remain above $90 per barrel

The increase of oil price to over US$ 90 per barrel is a positive development for all GCC states and Yemen....
Hungary  27/10/10

Budapest’s New Mayor May Expand Public Control over City Utilities

István Tarlós, the governing Fidesz party’s brand-new mayor of Budapest, announced plans for a swift and wide-ranging review of private companies’ ownership contracts in city utilities....
 
Hungary  14/10/10

Reform plans – How will Fidesz spend the next four years?

Hungarian Prime Minister Viktor Orbán, slammed by opposition leaders and market analysts for his secretive approach to policymaking, has now removed all doubt....
Kuwait  20/09/10

Kuwait to announce launch of nuclear program this year

Kuwait’s announcement that it intends to launch its nuclear program this year is a significant step in the country’s efforts to tackle its chronic and severe power shortages. ...
 
Bahrain  03/09/10

Bahrain credit rating lowered as break-even price of oil rises

An increased break-even price of oil for Bahrain has prompted a major credit rating agency to downgrade the country’s credit rating. ...
Risk Watch  17/08/10

New major gas discoveries in various governorates

Discoveries of gas in various Yemen governorates will help the country generate more income as its oil resources, the main source of income, rapidly dwindle....
 

Prolonged power cuts in Sharjah leading to unrest and damaging businesses

Repeated and prolonged power cuts in the UAE emirate of Sharjah has damaged the emirates' economy....
Oman  18/03/10

Oman’s economy better than expected in 2009 as oil production goes up

Data released by the Omani Central Bank and government show that Oman’s economy has fared better than predicted and better than most other GCC economies....
 
Kuwait  18/03/10

Kuwait looks at nuclear energy in seven years

Kuwait's need for power increases as the country diversifies it's economy. The plan to start using nuclear energy in seven years demonstrates the government’s commitment to resolving this issue....
Slovenia  09/03/10

Struggle for power and influence within the Slovenian government

Despite the eternal bickering, the situation in the coalition and parliament is essentially stable. An imminent political crisis, government reshuffle or leadership change is not on the horizon....
 
Yemen  01/03/10

Gazprom may invest in Yemen

Russian Gazprom has indicated it might be interested in oil exploration in Yemen. With Yemen’s economy heavily reliant on oil revenues, which is rapidly dwindling, new finds are vital....
Political Forecast  01/03/10

DPS strengthens its domination of the Montenegrin political scene

Neither the hardships of the global economic crisis nor a scathing IMF report on Montenegro’s fiscal performance has managed to loosen the governing Democratic Party of Socialists’s grip on power....
 
Kuwait  15/02/10

Kuwait's Parliament Approves US $104bn Four-year Development Plan

Kuwait's parliament last week passed a $104bn four-year development plan, the first for decades, proposed by the government....
Political Forecast  20/01/10

E.U. Beckons, Economy Bleakens in Montenegro

Montenegro in 2009 saw positive developments in its bid to EU-accession. However, the economic outlook hasn't improved for 2010, which forecasts numerous conflicts in the new year....
 
 

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