Archive

1600 results found. Displaying results 21 to 30.

Publication: Year:

Gulf States News - Issue 1076 - 07/03/2019

Riyadh rumour mill raises questions over relations between king and crown prince

Another round of fevered speculation about splits in the most senior ranks of the Al-Saud was set off on 5 March, with a report that King Salman Bin Abdelaziz Al-Saud has clashed with his son Crown Prince Mohammed Bin Salman (MBS) over the Yemen war, the fallout from the Jamal Khashoggi affair and other matters. In the most dramatic allegation, the king’s advisors were said to have changed the personal security team that accompanied the monarch during his recent trip to Egypt, due to suspicions about where their true loyalties lay.

Go to full issue

African Energy - Issue 387 - 28/02/2019

Little prospect of change in Nigeria as Buhari wins second term

Nigeria’s Independent National Electoral Commission on 27 February declared incumbent President Muhammadu Buhari the winner of the delayed 23 February election. Buhari landed 55.6% of the popular vote, a clear margin over the 41.2% who voted for his main rival Atiku Abubakar, according to provisional results. Buhari’s ruling All Progressives Congress (APC) also extended its majority in the National Assembly.

Go to full issue

Gulf States News - Issue 1075 - 21/02/2019

Islamic Republic heads into fifth decade under siege, but with opponents divided

Aseries of events in mid-February, including the anniversary of the revolution which brought the Islamic Republic into being, have served to highlight many of the problems facing Iran but also to underscore the divisions among its opponents. Rahbar (Supreme Leader) Ayatollah Ali Khamenei issued a long statement on 13 February, the day of the anniversary, in which he said Iran “is always flexible and ready to correct its mistakes”. The Islamic Republic was now “entering the second phase of self-development”.

Go to full issue

African Energy - Issue 386 - 14/02/2019

Eskom unbundling announced as South Africa returns to load-shedding

President Cyril Ramaphosa said in his State of the Nation address on 7 February that “Eskom is in crisis and the risks it poses to South Africa are great”, a point emphasised when stage 4 load-shedding – meaning that more than 4GW was cut from the grid – was implemented a few days later.

Go to full issue

Gulf States News - Issue 1074 - 07/02/2019

Riyadh draws line in the sand as MBS seeks to reinvigorate reform programme

Saudi officials are trying to put the murder of dissident journalist Jamal Khashoggi behind them, with a new initiative to kick-start inward investment and a range of soft power initiatives. But while the stellar turn-out of sporting stars, entertainers and business leaders arriving in the kingdom suggests that – rather predictably – many supports for Crown Prince Mohammed Bin Salman (MBS)’s Vision 2030 agenda see it is business as usual, Riyadh continues to struggle to address criticism of its record on human rights and financial abuses.

Go to full issue

African Energy - Issue 385 - 31/01/2019

Projects progress but politics cloud the future in Côte d’Ivoire

New petroleum, energy and renewable energy minister Abdourahmane Cissé’s approval of plans for Paris-based investment company Eranove Group to build a 390MW gas-fired power plantat Jacqueville, near Abidjan, and for Globeleq’s 430MW Azito plant to add another 253MW in a CFA225.8bn ($385m) revamp suggests an acceleration of efforts to have 4GW of installed capacity in place by the time Côte d’Ivoire goes to the polls in 2020.

Go to full issue

Gulf States News - Issue 1073 - 24/01/2019

Omani clamp-down on property sales highlights tensions with neighbours

Gulf Co-operation Council (GCC) owners of land and real estate in Oman have been given until November 2020 to sell up, under the terms of a little-noticed royal decree. Until now the prevailing rule among the six Gulf monarchies has been that the citizens of one GCC country are permitted to buy property in another. However, Royal Decree 29/2018 introduced a series of prohibitions on foreigners owning land and property in designated areas and ordered them to sell such property to Omanis.

Go to full issue

African Energy - Issue 384 - 17/01/2019

Libya’s NOC turns back the clock on crude marketing and refining

Adecision by National Oil Corporation (NOC) not to renew the three-year-old deal giving Glencore the exclusive right to lift crude from the Marsa Al-Harigah terminal outside Tobruk demonstrates how much the conditions under which Libya exports crude have changed in the past year. The hoped-for resumption of operations at the Ras Lanuf oil refinery in April – if it can be achieved – will change the picture further.

Go to full issue

Gulf States News - Issue 1072 - 10/01/2019

Salman reshuffles in bid to protect MBS and shore up internal position

An unexpected reshuffle of senior officials on 27 December, along with the trial of 11 unnamed individuals for the murder of dissident journalist Jamal Khashoggi, has sent a clear signal that King Salman Bin Abdelaziz is determined to protect his son Crown Prince Mohammed Bin Salman (MBS) from any fallout from the killing, while also trying to rebuild Saudi Arabia’s standing on the world stage.

Go to full issue

African Energy - Issue 383 - 20/12/2018

Angola to raise power tariffs following IMF accord

Angola has published an action plan for the energy and water sectors covering the period 2018-2022. The plan aims to raise total installed capacity to 7.5GW in 2022 from 6.4GW in 2018 by expanding the role of gas and renewables, mainly solar. Tariff increases are planned in the new year in an attempt to eliminate subsidies for the power sector. Speaking at an investor roundtable in London on 14 December, energy minister João Baptista Borges said domestic tariffs would rise to around 10 kwanza ($0.03)/kWh from 3 kwanza/kWh at present. The International Monetary Fund (IMF) on 7 December approved an Extended Arrangement under the Extended Fund Facility aimed at supporting economic reforms under way since President João Lourenço took over from veteran leader José Eduardo dos Santos in September 2017.

Go to full issue
African Energy Gulf States Newsletter