• 4 mintues Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen.
  • 7 minutes Forecasts for oil stocks.
  • 9 minutes Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 13 minutes European gas market to 2040 according to Platts Analitics
  • 6 hours Simple question: What is the expected impact in electricity Demand when EV deployment exceeds 10%
  • 27 mins America's pandemic dead deserve accountability after Birx disclosure
  • 6 hours U.S. Presidential Elections Status - Electoral Votes
  • 8 hours Today Biden calls for Summit with Putin. Will Joe apologize to Putin for calling him a "Killer" ?
  • 56 mins Fukushima
  • 4 hours CO2 Mitigation on Earth and Magnesium Civilization on Mars – Just Add Water
  • 4 days Biden about to face first real test. Russia building up military on Ukraine border.
  • 4 days Joe Biden's Presidency
  • 3 days New Chinese Coal Plants Equal All those in U.S.A
Editorial Dept

Editorial Dept

More Info

Global Energy Advisory – 26th December 2014

Oil & Gas Venues 2015: The Good, Bad & Very Ugly

As 2014 draws to a close and North American oil and gas producers are in trouble over falling oil prices, we take you to some foreign venues to diversify your portfolio—sorting the good from the bad (and the ugly) for 2015.

The Good

• Hands down, Kenya is our number one frontier venue for 2015. Since the massive 2012 discovery that put Kenya on the global oil and gas map, the discoveries have continued and even while E&P companies are cutting costs elsewhere, not so in Kenya, which is set to become the key East African energy hub, with commercial production slated to launch in 2016, and much, much more to explore in its very promising basins. This is a long-term strategic play and there is still time to get in on it. Beyond this, political stability is fairly strong. Compared to many of its neighbors, Kenya is stable, secure and its government is cooperative.

• Kurdistan (the Kurdistan Region of Iraq) remains one of our top venues for 2015, even more so now that the dispute with the Iraqi central authorities in Baghdad has been more or less resolved. We’re not talking about a venue the size of Kenya here, but we are talking about easy access to markets, very successful exploration and internal political stability. There are potential security concerns due to the Islamic State’s (IS) offensive in Iraq and Syria and the potential for this to spill over into territory…




Oilprice - The No. 1 Source for Oil & Energy News