Wednesday, 14 May 2014
Keystone kills bipartisan energy bill
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The Energy Savings and Industrial Competitiveness Act was proposed by Rob Portman, a Ohio Republican The bill had aimed to reduce energy nee...
Tuesday, 13 May 2014
Statoil divests its 5% WI in 15/06 Angola to Sonangol
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Statoil announced on 12 May 2014 that it is divesting its 5% WI in Eni-operated Block 15/06 to Sonangol for USD200m Statoil's remaining ...
Monday, 12 May 2014
Egypt: the gas conundrum
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LNG exports have dwindled as domestic consumption has increased and upstream production has declined, primarily driven by the decline in the...
Tunisia E&P activity to slow amidst increased regulatory scrutiny
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Tunisia's new constitution, passed in January 2014, includes Article 13 which requires natural resource agreements to be ratified by the...
Friday, 9 May 2014
Further Kashagan delays
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Discovered in 2000; project partners are Eni, Total, Shell, XOM (each with 16.8%), KMG (16.9%), CNPC (8.3%), INPEX (7.6%) USD50bn spent on P...
Tuesday, 6 May 2014
Cobalt makes Orca discovery in Kwanza Basin
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Cobalt has 40% WI in Blocks 9, 20 and 21 offshore Angola In the company's Q1 results (1 May 2014), Cobalt announced that it had successf...
Libya plans "smart cards" to stop fuel smuggling
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Gaddafi introduced subsidies on items from fuel to bread and airline tickets to discourage opposition The subsidies, together with public sa...
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