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  • oil

A peshmerga fighter poses in front of a wall with a large fresco of the flag of Kurdistan. The fort overlooks Artush, a major oil refinery. Getty

Baghdad cuts Kurdistan’s oil revenue and independence hopes

Erbil voted to go it alone in 2017, but that was when it controlled its own oil to sell through Turkey. Today, it does neither. With no partners on the horizon, it is left seeking central handouts.

Baraa Sabri 16 September 2024
A US Apache attack helicopter patrols above an oil production facility near al-Malikiyah (Derik) in Syria's north-eastern
Hasakah province on October 27, 2020. Delil Souleiman/AFP

Syria’s oil industry was once booming. Could it be again?

War sent oil firms running while the loss of territorial control in the oil- and gas-rich north-east left the Kurds with the hydrocarbons and Damascus reliant on Iran. Will the good times roll again?

Manaf Saad 17 August 2024
A Bolivarian militia member at a polling station during the referendum on Venezuelan sovereignty over the Esquibo region, in Caracas on December 3. AFP

Why oil and politics are re-igniting an old conflict between Venezuela and Guyana

The world faces a renewed geopolitical fault line in South America. Borders drawn by colonial powers cross disputed territory now rich in resources. Fears of war are real, but open conflict unlikely.

Paul Achkar 16 December 2023
Al Majalla outlines the main factors for the decision by Saudi Arabia and Russia to cut oil production and how this could impact the upcoming US elections. Agencies/Majalla

Production cuts and price rises put oil back at the centre of global politics

Al Majalla outlines the main factors behind Saudi Arabia and Russia's decision to cut oil production and how this could impact the upcoming US elections

Khaled Hamadeh 16 September 2023
Oil reserves in Sudan and South Sudan remain underutilised, largely due to war. Meanwhile, lack of stability has curbed potential foreign investment in East Africa's oil fields. Ewan White

The massive untapped potential of East Africa’s oil reserves

Oil reserves in Sudan and South Sudan remain underutilised, largely due to war. Meanwhile, lack of stability has curbed potential foreign investment in East Africa's oil fields.

Faisal Faeq 26 May 2023
Shutterstock

Saudi Arabia’s economy broadens as public spending powers reform

Saudi Arabia's first-quarter budget figures reflect a steadily diversifying the economy, reducing reliance on oil as the country's main source of income, and boosting opportunities the private sector

Shujaa Albogmi 16 May 2023
A worker at a primitive oil refinery poses for a picture at the facility in the town of al-Qahtaniya in Syria's Kurdish-controlled northeastern Hasakah province, near the border with Turkey, on November 15, 2021. Getty Images

Syria looks to Libya oil deal as blueprint to access vital revenue stream

With more than 15 million Syrians in need of aid an agreement to resurrect oil production may be the answer with Libya setting the precedent

Ibrahim Hamidi 29 April 2023
The decision to reduce production to 3.6 million barrels per day is the largest oil cut since the pandemic Shutterstock

Why did OPEC+ producers cut oil output?

The decision to reduce production to 3.6 million barrels per day is the largest oil cut since the pandemic

Faisal Faeq 04 April 2023
Shutterstock

Libya's oil wealth: A blessing and a curse

While Libya has an abundance of oil it is politically and strategically divided and lacks economic and human capital

Mohamed Sharki 06 March 2023
An aerial view shows Kuwait City and the National Assembly Building (Kuwait Parliament), Kuwait, March 20, 2020. REUTERS

Kuwait’s demographic predicament needs skills, not speed

It will take time not legislation to reduce Kuwait's foreign labour force dependence

Amer Ziab Al-Tamimi 01 March 2023
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A Kurdish Peshmerga fighter affiliated with Iran's separatist Kurdistan Freedom Party (PAK), mans a position north of Kirkuk, in Iraq's autonomous Kurdistan region. Safin Hamid/AFP
Politics

Why Iran’s militant Kurds stayed out of the US-Iran war

31 May 2026

In March there was talk of armed Kurdish fighters opening a second front in Iran's north-west, but it never happened—for several very good reasons.

Alex Vatanka
Raúl Castro was Cuban president from 2006 to 2018, having served as Minister for the Armed Forces from 1959 to 2008. AFP
Profiles

Raúl Castro: the soldier who made Fidel’s revolution endure

31 May 2026

Fidel's brother built Cuba's armed forces and took over the presidency when his more charismatic sibling fell ill two decades ago. A recent US indictment from a 1996 incident now asks new questions.

Stefanie Butendieck Hijerra
Chinese President Xi Jinping and Pakistani Prime Minister Shehbaz Sharif shake hands at the Great Hall of the People in Beijing, China, on 25 May 2026. Reuters
Politics

How Pakistan became China’s indispensable intermediary

01 June 2026

With war closing the Strait of Hormuz, Islamabad has become both broker and bridge, mediating between rivals while keeping Beijing's overland trade routes alive

Shirley Ze Yu
SARA GIRONI CARNEVALE
Business & Economy

How AI is changing the nature of work

01 June 2026

Some predict 'the end of jobs,' others a 'jobs apocalypse,' but optimists think people will adapt and get paid to do different things. Amidst war and mountains of debt, is AI a help or a harbinger?

Abdel-Rahman Ayas
Turkish drilling vessel Cagri Bey, which is set to conduct Turkiye's first deep-sea drilling operation docks in the Indian Ocean near the Mogadishu sea port in Mogadishu, Somalia April 10, 2026. Reuters / Feisal Omar
Business & Economy

Türkiye’s proposed maritime bill risks reigniting old rivalries

01 June 2026

The Exclusive Economic Zone risks reopening disputes over energy, maritime claims, and influence in the Eastern Mediterranean

Amr Emam

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OPINIONS

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Stefanie Butendieck Hijerra

SpaceX could become the largest IPO in history

Al Majalla - London
Al Majalla - London

Lebanon pays the price for Hezbollah's refusal to disarm

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