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Showing 2059 results for Sakhalin Oil and Gas Development Co sorted by

Quarterly ForecastsJun 29, 2020 | 00:02 GMT
2020 Third-Quarter Forecast
While many of the trends identified in our annual forecast remain slowed down by COVID-19, their pace is picking up as countries carefully emerge from lockdown.
AssessmentsMay 15, 2020 | 10:00 GMT
Iraqi Prime Minister Mustafa al-Kadhimi makes a speech in Baghdad on May 6, 2020. The following day, Iraq's parliament granted a vote of confidence to al-Kadhimi’s new government and swore in a majority of his 22 ministers.
A Monumental Task Awaits Iraq’s New Government
On May 7, Iraq swore in its first legitimate government since violent protests led to the collapse of its last government in December. After months of political turmoil, the formation of the new government, led by former intelligence chief Mustafa al-Kadhimi as prime minister, is in itself an achievement. But no matter how coherent al-Kadhimi’s administration proves to be, Iraq’s increasingly dire economic situation -- made worse by the COVID-19 crisis and subsequent oil market shocks -- will make it difficult to maintain social and political stability, as well as manage domestic and external security. 
AssessmentsMay 12, 2020 | 10:00 GMT
An image of a gas flare at the Mozyr Oil Refinery in Belarus on Jan. 4, 2020. Russia recently resumed its oil deliveries to Belarus after a pricing dispute prompted Moscow to halt its supplies at the beginning of the year.
By Diversifying Its Oil Imports, Belarus Limits Russia’s Leverage
In recent months, Russia has weaponized its discounted oil deliveries to coerce Belarus into accepting a level of economic and political integration that would essentially guarantee its loyalty. This strategy, however, has only emboldened Minsk’s push to diversify its oil imports. But Belarus’ continued dependence on Russia’s close trade ties and natural gas exports will still leave Moscow armed with other sources of leverage to wield over its smaller neighbor in future negotiations.
AssessmentsApr 17, 2020 | 10:00 GMT
An image of the Algerian flag. Plummeting oil demand and prices due to the COVID-19 crisis have sapped the Algerian government of its primary revenue source.
COVID-19 Reveals the Depth of Algeria’s Economic Woes
Algeria has relied on oil and gas revenue to fund its myriad of extensive but expensive social spending programs for decades. But the government’s primary development tool now risks collapsing under the weight of plummeting oil prices and demand due to the COVID-19 pandemic. Since the previous oil and gas price slump in 2014, when export revenues were halved, Algeria’s foreign exchange reserves have dropped from $194 billion to just $62 billion in February of this year. The reserves are likely to continue draining fast as the pandemic continues to rattle global markets and suppress global demand for oil and gas.  Despite being one of the wealthiest countries in the Middle East and North Africa, Algeria’s wealth heavily depends on oil and gas revenue, which accounts for 60 percent of its state budget and nearly all (94 percent) of the country’s export revenue. By highlighting its severe vulnerability to global market
AssessmentsApr 16, 2020 | 10:00 GMT
A pumpjack outside the Russian city of Surgut.
The Golden Age of Russian Oil Nears an End
Russia's easily accessible oil reserves have long been the cornerstone of its economy. But these conventional fields are depleting, leading to the need to invest and expand into more untapped sources. This transformation will not be easy or cheap, as various factors have led to a poorly optimized oil sector that's ill-equipped to soften the blow of rising costs. The key to maintaining a strong energy market, and securing the capital needed to develop new and expensive fields, will instead rest on whether Moscow can secure its foothold in China's increasingly oil-hungry market. In any case, Russia may have little choice but to accept that its glory days of oil dominance and high profit margins are nearing an end. 
On SecurityApr 14, 2020 | 11:00 GMT
When an Economic Crisis Collides With an Unprecedented Espionage Threat
I've seen a number of news reports discussing how the lockdowns and travel bans resulting from COVID-19 are hindering the ability of intelligence officers to do their jobs by preventing them from being able to conduct in-person source meets. The inability to conduct face-to-face source meets, and to make personal contact with recruitment targets to develop relationships with them, is a valid concern. I would like to suggest, however, that the economic crisis resulting from COVID-19 will also provide intelligence officers a golden opportunity to spot and recruit new agents.
AssessmentsApr 9, 2020 | 10:00 GMT
The walls surrounding the Kremlin are reflected on a plaque at the entrance of the oil company Rosneft's headquarters in Moscow. 
Russia Loosens the Reins on Rosneft
The Russian government no longer has a majority stake in Rosneft for the first time in the energy giant’s 27-year history. On March 28, Rosneft announced that it had sold all of its assets in Venezuela as part of a deal with the wholly government-owned company, Rosneftegaz. The sale is designed to shield the company’s Venezuelan operations from further U.S. sanctions, while still allowing Moscow to continue its support of the disputed rule of President Nicolas Maduro. But by continuing Rosneft's slow and steady shift toward privatization, the passing of this threshold could also open the company up to a more market-driven and prosperous future. 
AssessmentsMar 16, 2020 | 13:46 GMT
A photo of a security official administers hand sanitizer in Lagos, Nigeria, on Feb. 28, 2020. The city's 20 million residents scrambled for hygiene products following the announcement of the first confirmed coronavirus case in sub-Saharan Africa.
Coronavirus Is Coming for Nigeria -- and Its Economy
As the coronavirus pandemic seeps into more corners of the world, sub-Saharan Africa has so far come out relatively unscathed. But there are signs the virus is now starting to make its way across the vast region -- and as it does, Africa's most populous country and largest economy, Nigeria, could face some of the sharpest losses. Like most of its African peers, Nigeria has an extremely vulnerable and overtaxed health care system that could buckle under the weight of an outbreak. But even if Nigeria somehow evades a wider contagion, the growing number of coronavirus cases elsewhere in the world will still risk tipping the country into crisis by slashing demand for its vital oil exports.
AssessmentsFeb 28, 2020 | 10:00 GMT
This photo shows the Guyanese flag.
The High Stakes of Guyana's Elections
Rarely do a country's elections matter as much for its future political balance of power as the March 2 ballot will for Guyana. The national balloting comes just 11 days after Guyana exported its first cargo of oil abroad, marking the beginning of a significant economic windfall to come as the country becomes the world's latest to join the oil production club. In the coming years, an oil boom will make Guyana one of the wealthiest countries in South America. The winner of the national elections will then have the chance to cement its political legacy through the kinds of economic patronage that come with increased wealth for the government.
Decade ForecastsFeb 12, 2020 | 02:59 GMT
Decade Forecast: 2020-2030
Over the next 10 years, the world will revert to a multipolar power structure that will encourage constantly shifting alliances and create a more contentious global system. In the midst of this dynamic change, pockets of economic opportunity will emerge.
SnapshotsFeb 7, 2020 | 20:54 GMT
Breaking Ranks, Kenya Enters Bilateral Trade Talks With Washington
The United States continues to try to break down plurilateral trade agreements into bilateral deals, and Kenya appears to be the first sub-Saharan African country on its list. During his visit with Kenyan President Uhuru Kenyatta, U.S. President Donald Trump announced that the United States intends to open formal trade negotiations with the East African nation. The Trump administration will try to use any deal with Kenya as a model for talks with other African countries as the United States moves away from multilateral trade deals.
Contributor PerspectivesJan 24, 2020 | 10:00 GMT
Mongolian President Khaltmaa Battulga speaks on Sept. 5, 2019, during the Eastern Economic Forum in Vladivostok, Russia.
How Great Power Competition Is Changing the Geopolitics of Mongolia
Mongolia is in a uniquely precarious situation, geographically, demographically and economically. Landlocked and isolated in East Asia, it has the lowest population density of any sovereign nation in the world. Its 3 million people, in a country about the size of Alaska, are dwarfed by 133 million Russians to the north and 1.4 billion Chinese to the south. It also has one of the coldest climates in the world. While these factors greatly constrain Mongolia economically, it has the world's best cashmere, huge eco- and cultural tourism potential and -- most critically -- an enormous mineral resource endowment. After the Cold War, rooted in Francis Fukuyama's idea that the end of history was nigh, there was great initial enthusiasm for a lasting new liberal international order. That notion proved both illusory and short-lived. By 2014 great power competition had fully reemerged, bringing with it a fundamental shift in the international security
AssessmentsJan 20, 2020 | 20:17 GMT
A fire truck drives past a hill engulfed in flames on the night of Jan. 20, 2020 in Mount Adrah, Australia. The 2020 fire season has hit the southern coast of New South Wales particularly hard.
The Geopolitical Cost of Australia's Wildfires
Australia is at the start of what's shaping up to be a ­­­­record fire season with potentially drastic economic and political repercussions. As of mid-January, brushfires in New South Wales, Victoria, South Australia, Queensland and elsewhere have resulted in insured property damage estimated at over $1.34 billion, burning nearly 12 million hectares (29.7 million acres) and resulting in 28 deaths. In addition to the areas already engulfed in flames, broad swaths of the country are at higher-than-usual risk of coming into the line of fire. And the damage to date could be just the tip of the iceberg, given that the country's annual fire seasons stretch from December to around April. As Australia's climate grows hotter and drier, so too will the severity of its wildfire woes. This sobering prospect has, once again, placed the country's oil and gas exports in the crosshairs of climate concerns. But even given the havoc fires
AssessmentsJan 16, 2020 | 09:30 GMT
This photo taken on Oct. 2, 2019, shows fishermen boarding their boats at a small jetty on Made Island off Kyaukphyu in Myanmar's Rakhine state.
In Myanmar, Beijing Gets a Leg up on the Competition
For China, there's no time like the present to foster closer links with a key country on its frontier. Amid China's push for better transport connections, tighter border control and deeper energy security to the south, President Xi Jinping will begin a two-day visit to Myanmar on Jan. 17. Negotiations regarding some megaprojects have sparked significant concerns about China's looming presence -- and its strategic intentions -- in Myanmar, but the country may find its options to push back significantly curtailed. Indeed, with Myanmar facing Western isolation over its treatment of the Rohingya and struggling to forge national unity, China's assistance is more essential than ever if Naypyidaw is to fulfill some of its domestic priorities -- namely, advancing a peace process with ethnic armies along the northern border, managing the Rohingya crisis and developing the weak Myanmar economy. Such a situation, naturally, is bound to put China in a
AssessmentsJan 14, 2020 | 10:00 GMT
The U.S. Embassy in Baghdad is seen on Jan. 2, 2020, following an attack on the facility.
Iraq Faces America's Economic Wrath
For companies active in Iraq, threats to physical security -- whether from a possible military conflict between the United States and Iran, militia violence or a resurgent Islamic State -- aren't the only thing they need to worry about. That's because dark economic times could also be on the way, especially as U.S. President Donald Trump has threatened to enact sanctions on Iraq if Baghdad continues to push for a withdrawal of U.S. forces from Iraq following the U.S. assassination of Qassem Soleimani. If Baghdad pushes U.S. forces out, the aftermath, bluntly speaking, will be messy. Given that bilateral diplomatic relations would inevitably take a nosedive in such a situation, the United States would most likely impose punishing sanctions on Iraq. And even if such measures don't come to pass, the United States' campaign of maximum pressure on Iran will certainly leave Iraq worse for wear as well.
AssessmentsJan 6, 2020 | 23:03 GMT
An Iraqi demonstrator poses with the national flag as angry protesters blocked roads in the central city of Najaf on Jan. 5, 2020, to oppose the possibility that Iraq would become a battleground between the United States and Iran.
Iraqi-U.S. Ties Reach a Breaking Point
In death, senior Iranian military figure Qassem Soleimani may be getting closer to achieving one of his overarching aims: removing the United States from Iraq. On Jan. 5, Iraq's parliament convened a special session in the wake of the airstrike that killed Soleimani and Iraqi militia leaders to accelerate the government's expected request that the United States withdraw its forces from Iraq. In the nonbinding resolution, legislators demanded that the Iraqi government cancel its request for assistance from the U.S.-led coalition fighting the Islamic State, remove all foreign troops from Iraqi land and airspace, keep all weapons in government hands, investigate the U.S. airstrike that killed Soleimani and lodge a complaint at the United Nations over Washington's alleged violation of Iraqi sovereignty. One day later, a draft letter from the U.S. Department of Defense and a statement from Secretary of Defense Mark Esper indicated that the United States could already
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