• 3 minutes Shale Oil Fiasco
  • 7 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 12 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 16 minutes Global Debt Worries. How Will This End?
  • 13 hours DUMB IT DOWN-IMPEACHMENT
  • 2 hours POTUS Trump signs the HK Bill
  • 16 hours Greta named Time Magazine "Person of the Year"
  • 18 mins Tories on course to win majority
  • 35 mins americavchina.com
  • 3 hours WTO is effectively neutered. Trump *already* won the trade war against China and WTO is helpless to intervene
  • 1 hour Winter Storms Hitting Continental US
  • 11 hours Everything you think you know about economics is WRONG!
  • 22 hours Forget The Hype, Aramco Shares May be Valued At Zero Next Year
  • 1 hour Aramco Raises $25.6B in World's Biggest IPO
  • 1 day Can Renewable Natural Gas Compete With Diesel?

Mali Peace over Before It Begins

Bottom Line: Oil exploration deals signed by interim and the new government of Mali for operations in the restive north won’t make it far with a relaunch of radical Islamist attacks and separatists Tuareg who have signaled they’re pulling out of the new-born peace deal.

Analysis: Renewed attacks in Mali both by radical Islamist groups and MNLA Tuareg separatists threaten the country’s short-lived peace, and there are indications that the peace deal put in place with the July elections has already been sidelined. During the week of 6 October, Islamic militants shelled Gao, in northern Mali, for the first time in some five months and since, French forces succeeded in halting attacks. At the same time, Tuareg separatists under the MNLA umbrella attacked Kidal, the main town north of Gao, saying they would withdraw from the peace deal with the new government, which has failed to turn the Tuareg into stakeholders as it deals with oil companies preparing to explore for fossil fuels in the north.

The elections ushered in former Prime Minister Ibrahim Boubecar Keïta as Mali’s president, but he was cutting energy deals well before he won the vote, through the transitional powers. The new exploration licenses, ratified in August, went to Czech-based New Catalyst Capital Investments, Ireland-based Circle Oil PLC, and UK- and Canadian-based Raven Resources Group.  (Italy’s Eni has been there since 2006, when it acquired five exploration…




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