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Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…
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DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
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Geographic
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The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…
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DOI: 10.1108/OXAN-DB285518
ISSN: 2633-304X
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Geographic
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It intends to produce up to 11 million tonnes of ‘blue ammonia’ annually by 2030, using 'blue' hydrogen made from natural gas but with mitigated carbon impacts. The target lacks…
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DOI: 10.1108/OXAN-DB271565
ISSN: 2633-304X
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The impact of the sanctions Russia imposed after Turkey shot down its warplane on November 24.
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DOI: 10.1108/OXAN-DB210287
ISSN: 2633-304X
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The conflict in Ukraine is a threat to Turkey’s economy. The lira has weakened again, which will push inflation above 60%. Ankara has condemned Moscow’s invasion but is seeking…
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DOI: 10.1108/OXAN-DB267878
ISSN: 2633-304X
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Geographic
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The Tanap gas pipeline project.
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DOI: 10.1108/OXAN-DB198953
ISSN: 2633-304X
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Geographic
Topical
Turkey stands to lose 21% of its import portfolio during the peak winter demand period. Take-or-pay gas import contracts signed two decades ago are coming to an end, and renewal…