Category: Middle East

Iran MP: Nuclear plant’s launch delayed again

An Iranian lawmaker said the country’s first nuclear power plant will not start up by late August as planned and blamed the delay on Russia, which is building the facility, local media reported today.  More »

Jaffe: ‘Saudi Oil Price Mojo Stronger in a Recession’

Iran, Venezuela and Iraq may rue the day that they sent Saudi Arabia home empty handed from the June 8 OPEC meeting.  More »

Blast, followed by fire, hits Iran oil pipeline

An explosion struck an oil pipeline in Iran’s oil-rich southwestern province of Khuzestan early today, triggering a blaze that took firefighters hours to put out, news agencies reported.  More »

Iran names commander on U.S. sanctions list as oil minister

The Iranian parliament approved a Revolutionary Guards commander named on a U.S. sanctions list to be the country’s oil minister, an appointment that may give the military group more influence over energy matters.  More »

Does the Arab Spring Spell the End for North African Solar?

This post was written by Keily Miller, Research Associate at the Baker Institute Energy Forum. As Algeria tenders its 150-MW solar plant this week, investors should ask themselves: with the Arab Spring making its way into an “Arab Summer,” is the winter of large-scale solar at hand? Over the last few years, North Africa has […]  More »

Bomb blast hits oil pipeline in western Syria

A bomb blast struck a major oil pipeline in western Syria on Friday, causing oil to spill into a nearby lake. State television said the explosion was a “terrorist” attack by a group of “saboteurs.”  More »

Troubles Realizing Iraq’s Oil Potential

Does Iraq have what it takes to shake up the global energy market? Oil production capacity growth in Iraq and Saudi Arabia hold the key to future oil market stability, but the outlook for gains in the near to intermediate term looks cloudy, according to a new study by the Baker Institute. Political instability in […]  More »

Hess, Petroceltic to explore two Iraqi fields in Kurdistan

Hess Corp. (HES), the New York-based oil company, and Petroceltic International Plc (PCI) agreed to explore two fields in the Kurdistan region of northern Iraq.  More »

Iraq says oil exports continued to rise in June

Iraq’s oil ministry says oil exports have inched up in June by slightly over 2 percent compared to the previous month.  More »

Dow Chemical, Saudi Aramco agree on joint venture

Dow Chemical and the Saudi Arabian Oil Company have agreed to set up a joint venture to build a massive $20 billion chemical complex in the desert kingdom.  More »

Iran signs $10 billion gas deal with Syria, Iraq

Iran on today signed a preliminary $10 billion deal with Syria and Iraq to export its natural gas, its latest effort to boost its energy sector that has been targeted by international sanctions.  More »

Study says U.S. shale may weaken Iran, Russia

A study from Rice University’s Baker Institute says the U.S. shale gas boom improves energy security by countering Russia and Iran’s influence on energy supplies.  More »

Shale Gas and U.S. National Security

This post was written by Kenneth B. Medlock III, the James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics at the Baker Institute Energy Forum. Just a decade ago, companies were planning large scale investments that would allow them to import substantial volumes of liquefied natural gas (LNG) to all […]  More »

The Arab Spring and Latin America

This post was written by Ronald Soligo, professor of economics Rice University and a Baker Institute Rice Scholar. In the July/August edition of Foreign Affairs, F. Gregory Gause III writes about “Why Middle East Studies Missed the Arab Spring”. In the article Gause mentions two factors that contributed to the oversight and led scholars to […]  More »

Iraq signs initial deal to tap natural gas

Royal Dutch Shell PLC and Japan’s Mitsubishi Corp. have signed an initial deal with Iraq to tap natural gas in the southern part of the country.  More »
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