Page 1 - MEOG Week 12 2021
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Issue 811 24•March•2021 Week 12
amco profits despite pandemic
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Saudi Aramco reported a $39bn reduction in profits driven by reduced oil
output and lower prices, but still declared net income of $49bn.
Syrian oil in American hands
Syrian Oil Minister Bassam Tomeh has said that US forces have now taken
control of around 90% of the country’s oil assets.
GKP resumes Shaikan expansion plan
Gulf Keystone Petroleum (GKP) this week announced that it was resuming
efforts to increase oil production from the Shaikan oilfield in Iraqi Kurdistan.
aqi budget vote postponed
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Iraq’s parliament postponed a vote on the country’s 2021 budget after
factions failed to reach agreement over the Kurdistan Region’s share.
