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Iraq's Election Results: Redistributing the Cards
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March 12, 2010
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A close race in Iraq’s elections will likely lead to power struggles to build a winning coalition. Barring a serious deterioration of the security situation. The timetable for the withdrawal of US troops will be maintained, and IHS CERA believes that oil contracts signed by IOCs with Iraq will likely survive largely intact.
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Iran's Presidential Poll: Ahmadi-Nejad's Unbelievable Landslide Win and Its Consequences
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June 16, 2009
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Within hours after polls closed on June 12, Iran's Interior Ministry announced that President Mahmoud Ahmadi-Nejad had been reelected in a landslide. Supreme Leader Ayatollah Ali Khamenei initially endorsed the result but later asked for an inquiry into allegations that the election was rigged. The speed of the vote count, Ahmadi-Nejad's consistent and big lead throughout the counting, and the huge turnout were among developments that shocked many Iranians and outside observers.
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Global Oil Roundtable
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May 28, 2009
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Upcoming Events:
CERA is pleased to announce the Global Oil Executive Roundtable to be held in Paris on May 28 from 9:00 a.m.- 2:00 pm.
Only a few years after experiencing the fastest growth in oil demand in a generation, the global oil market is f...
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OPEC: Compliance Is the Name of the Game
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March 16, 2009
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Gathered in Vienna on March 15, exactly three months after deciding in Oran to slash production by 4.2 million barrels per day from September 2008 levels, OPEC’s ministers chose not to make any further output reduction. Instead, the focus was on increasing compliance with existing production cuts. OPEC also decided to convene an extraordinary conference on May 28 “to consider any further action deemed necessary.”
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Iraq's Provincial Elections: An 'Important Step Forward'
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February 18, 2009
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Iraq's provincial elections strengthened the prime minister and dealt a blow to the main Shi'a party. However, Prime Minister Nuri al-Maliki will need to strike a delicate balance with other parties. Elections reinforce the power of Baghdad over the provinces, which should bring some clarity in the oil sector decision-making process.
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CERAWEEK 2009
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February 9, 2009
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Upcoming Events:
Cambridge Energy Research Associates invites you to become a part of the energy industry's preeminent gathering of thought leaders and visionaries.
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The Global Economic Crisis: A Mixed Picture for Gulf Countries
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December 18, 2008
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This CERA Decision Brief examines the potential impact of the global economic downturn on the Middle East, and more specifically, on Gulf countries. CERA looks at the impact of the oil price fluctuation of these countries' economies, on their responses, and on energy investments.
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OPEC Cuts Production by Record 2.46 mbd in Oran
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December 17, 2008
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On December 17, OPEC ministers gathered in Oran, Algeria, and adopted an additional production cut of 2.46 million barrels per day (mbd). Combined with the two previous cuts, this means that OPEC ceiling is 4.2 mbd less than September production.
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