The Trump administration on Nov. 16 announced formal proceedings to sell oil and gas leases in Alaska's Arctic National Wildlife Refuge (ANWR). The Bureau of Land Management (BLM) Alaska State Office issued a call for "nominations" on several lease tracts considered for the upcoming Coastal Plain Oil & Gas Lease Sale, covering approximately 1.5 million acres of the refuge along the coast of the Arctic Ocean. The notice launches the beginning of a 30-day public comment period before the agency moves forward with lease sales.

The leadership of Ezidikhan, the Yazidi autonomous territory, are protesting a deal reached between Baghdad and the Kurdistan Regional Government (KRG) on the political future of northern Iraq, saying they were not consulted. Ezidikhan Prime Minister Barjis Soso Khalaf said in a statement: "Without the consent of the Yezidi people of Ezidikhan, the Baghdad-Erbil deal is illegitimate and illegal. It tramples upon the right of Yezidis to govern themselves as they see fit." The statement noted that the UN special representative for Iraq, Jeanie Hennis-Plasschaert, had called for Ezidikhan authorities to be consulted in any deal over the region's status. The Oct. 9 pact between Iraqi Prime Minister Mustafa al–Kadhimi and the KRG administration at Erbil calls for creation of a jointly controlled company to exploit the region's oil resources, ending years of conflict over the question. 

US-mediated talks opened Oct. 14 between Israel and Lebanon, aimed at resolving the long-standing maritime border dispute between the two countries. At issue in the talks, held in Lebanon's coastal border town of Naqoura, is an 860-square-kilometer patch of the Mediterranean Sea where each side lays territorial claim. The conflict stems from differing demarcation methods: Israel marks the border as being at a 90-degree angle to the land border, while Lebanon marks it as a continuation of the land borderline. The issue grew more pressing with the discovery of abundant hydrocarbon reserves in the Eastern Mediterranean's Levant Basin. Lebanon, which sought to pursue gas drilling off its coast, submitted its demarcation of the maritime borders to the UN a decade ago, claiming this area as within its Exclusive Economic Zone. Israel called this an infringement of its rights, and submitted its own version of the border demarcation to the UN.

On a visit to Baghdad this week, Gen. Frank McKenzie, chief of the Pentagon's Central Command, announced that US forces in Iraq will be reduced in the coming weeks from some 5,200 troops to about 3,000. McKenzie later told reporters that troop levels in Afghanistan will drop from the current 8,600 to 4,500. All of this is to happen by "late October," he said. How convenient. (AP, Politico) This all smells more of politics that strategy. There are still more than 10,000 ISIS fighters remaining across Iraq and Syria, according to a UN estimate from August. So, as Defense One comments, "any 'mission accomplished' moment remains elusive to clear-eyed observers of ISIS and the Middle East."

Libya's eastern warlord Khalifa Haftar, his long siege of Tripoli broken by the city's defenders in June, continues to hold the country's principal oil terminals, and has established effective control over the Petroleum Facilities Guard. The UN this week brokered a ceasefire between Haftar and the Tripoli-based Government of National Accord, seeking to re-open exports from the terminals. Haftar agreed to the ceasefire after the US threatened sanctions against him. Russia, in turn, is apparently backing Haftar, sending arms and mercenaries to help his forces secure the terminals. Russia's paramilitary Wagner Group is especially said to be present at Es-Sider terminal, outside the port city of Ras Lanuf. (Argus Media, Libyan Express, OilPrice.com, Middle East Eye)

In the imperial carve-up of northern Syria, US troops have since late last year been controlling the oil-fields of Deir ez-Zor province, in collaboration with the Kurdish-led Syrian Democratic Forces (SDF). Now reports are emerging that the Kurdish autonomous administration in the region has signed a 25-year contract with a little-known US company for exploitation of oil in SDF-held territory. The company, Delta Crescent Energy, incorporated in Delaware in February 2019, still apparently lacks a website. But its partners are said to include former US ambassador to Denmark James Cain; James Reese, a former officer in the US Army's elite Delta Force; and John P. Dorrier Jr., a former executive at UK-based GulfSands Petroleum. The GulfSands website indicates the British company has oil contracts in Syria that are "currently under Force Majeure as a result of EU sanctions."

After oil prices went negative for the first time ever last month, they are now starting to rise again as lockdowns imposed by the COVID-19 pandemic are gradually lifted. US crude is now back to nearly $30 a barrel. But this is less than half what the price was a year ago, and a third what it was a dozen years ago. Iraq, OPEC's second-largest producer, is at the forefront of the cartel's effort to squeeze supply to consumer nations, as part of its recent deal to curb output. Baghdad just announced a 30% cut of exports to Asia. But it remains to be seen if such measures will jack up prices and ease the economic pain that has led to a remobilization of anti-regime protests, despite pandemic fears. (Reuters, Bloomberg, Al Jazeera)

Despite last week's agreement by Saudi Arabia and Russia to end their price war, the oil market remains in free-fall amid the virtual shut-down of the world economy by the COVID-19 pandemic. The price of the main US oil benchmark, West Texas Intermediate, fell on April 20 to $30 below zero—the first time oil prices have ever turned negative. This means anyone trying to sell a barrel would have to actually pay a buyer. The global industry output of 100 million barrels a day would appear to be on borrowed time. (NYT)