Group items tagged

BP has signed an $12 billion agreement to develop natural gas in Egypt. Production will start in 2017 and may result in 1.2 billion cubic feet a day of natural gas being put back into the countries natural gas grid.

Syria, in agreement with the Organization for the Prohibition of Chemical Weapons (OPCW) is destroying all of it's chemical weaponry facilities and all products. There are a total of 12 facilities that are expected to be destroyed by this summer, 2015. There are also underground facilities and aircraft carrier that are expected to be destroyed as well. A current total of 1300 metric tons has been destroyed from Syria thus far.

The article mentions the refusal of an opera production to go on as a way of making a statement against Morsi and the brotherhood. The Orchestra conductor named Nayer Nagui addressed the audience and said "We have decided to abstain from putting  on tonight's performance of Aida...until the Minister of Culture is removed." The newly appointed Minister of Culture was given by Morsi to Alaa Abdel Aziz who was altering the message and production of the show. The show according to Aziz was not following appropriate or respectful interpretations of Islam. 

Muftah was first launched in May of 2010 as a way of push back against the Western media potrayl of the Middle East. According to the Muftah mission statement, the West has failed to provide diverse viewpoints, and it is things like Muftah that can really make a difference. According to the mission, Muftah focuses on original content by using diverse individuals to tell the story.

A fairly weighted video, this recent production examines the vast history of the issue, touches on some of the more recent conflicts, and examines the two-state solution.

Several articles to date have suggested that Saudi Arabia is leery about decreasing production because of the effects of the 1973 oil crisis. This article provides a brief history of the crisis and some of the consequences and results of the crisis.

Saudi Oil Minister Ali al-Naimi mentions that Saudi Arabia is not going to cut oil production to stabilize oil prices in the market. Instead they will keep the same target output of 30 million barrels per day.

A Libyan official suggests that OPEC should cut production by 800,000 bpd in order to stabilize the market in preparation for an influx of Iranian oil expected after sanctions are lifted.

The lack of cooperation by Saudi to lower oil production output is hurting other countires.

There are risks that oil price might go down, including if the Iran nuclear deal works out and sanctions are lifted

In 2011 the number of tourists dropped by a third, by 2013 Tunisia was showing signs of a comeback, with income from tourism. The total contribution of the industry to Tunisia's economy was 15.2 percent of its gross domestic product. With the attack on the museum it was a major setback to the growth and promise of tourism and not just in Tunisia.

Iran's new production and possibilities to sell to Asia could hurt Saudi's plans for projected future demand of their oil

Locals claim that the state-managed industry is causing pollution and illness. Najib Chairat, 52, who worked in the refinery from the age of 32 can barely move and speak. His family believes it was caused by years of breathing in the noxious fumes. Strikes and protests over pollution, wages and unsafe working conditions caused Tunisia's phosphate production to halve after the 2011 revolution.

The Saudi government is more interested in keeping market share rather than cutting production to inflate prices.

After the king death the oil price went higher 2%, which mean that Saudi Arabia has huge influence in the oil market. All signals indicate Saudi Arabia will stay the course on its oil production and policies. Saudi Arabia will not cut oil production.

This article focuses on the possibilities of action that Yemen could take that would affect oil supply, prices, and production.

This article talks about the economic structure and effects of the current oil production issues between United States and the Middle East

This Video talks about the recent attacks and conflicts in the Middle East and some potential issues that it may bring to the oil production, Specifically Saudi Arabia's concern about houthi rebels launching missile attacks towards mecca.

Although slavery has been abolished for years, forced labor has since taken its place. In a recent report, 240 Brazilian companies were caught employing people in slave-like conditions between May 2013 and May 2015. The companies were associated with clothing sweatshops, farming and cattle ranching, timber and charcoal production, and construction. These people work seven days a week without pay and had no running water or toilets

a deal between Saudi Arabia and other countries to freeze their oil production in order to stabilize the oil price.

FOR the past half-century, the world economy has been held hostage by just one country: the Kingdom of Saudi Arabia. Vast petroleum reserves and untapped production allowed the kingdom to play an outsize role as swing producer, filling or draining the global system at will.