• 4 minutes Some Good News on Climate Change Maybe
  • 7 minutes Cuba Charges U.S. Moving Special Forces, Preparing Venezuelan Intervention
  • 12 minutes Washington Eyes Crackdown On OPEC
  • 15 minutes Solar and Wind Will Not "Save" the Climate
  • 1 hour Prospective Cause of Little Ice Age
  • 4 hours L.A. Mayor Ditches Gas Plant Plans
  • 10 hours is climate change a hoax? $2 Trillion/year worth of programs intended to be handed out by politicians and bureaucrats?
  • 3 mins *Happy Dance* ... U.S. Shale Oil Slowdown
  • 7 hours students walk out of school in protest of climate change
  • 24 hours Most Wanted Man In Latin America For AP Agency: Maduro Reveals Secret Meetings With US Envoy
  • 11 hours Ford In Big Trouble: Three Recalls In North America
  • 1 day Amazon’s Exit Could Scare Off Tech Companies From New York
  • 1 day And the War on LNG is Now On
  • 11 hours Why Is Japan Not a Leader in Renewables?
  • 8 hours Is the Green race a race from energy dependence.
  • 1 day And for the final post in this series of 3: we’ll have a look at the Decline Rates in the Permian

Global Energy Advisory October 28th 2016

Politics, Geopolitics & Conflict

• The Niger Delta Avengers have again violated the ceasefire negotiated with the Nigerian federal government, blowing up Chevron’s 100,000-bpd Escravos pipeline. The militant group had warned Chevron against attempting to repair and restart the pipeline. The NDA also said the peace negotiations with Abuja are not moving forward. The latest attack comes just days before President Buhari’s visit to the Delta to discuss the future of the region with local community leaders. According to some, NDA is being supported by southern politicians who want to see Buhari dethroned. The Nigerian South, where the Niger Delta lies, is predominantly Christian, while Buhari, who comes from the North, is a Muslim and took over the helm of the country from a southerner in the 2015 elections. The Delta communities are much poorer than the North, and unemployment rates are higher, causing widespread unrest. In the meantime, while the Nigerian government announced on Tuesday that Shell’s Forcados terminal exports have been relaunched after attacks forced its shutdown in February, our sources in the Petroleum Ministry say that Forcados has been exporting for some time already, but had kept it quiet to avoid retribution from militants.

• Another Mubarak-era official in Egypt has won an acquittal for criminal charges, this time the former oil minister, charges with selling under-priced gas to Israel and squandering public…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin



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