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Geopolitics / Africa

KENYA: Oil Production 6-7 Years Away

KENYA: Oil Production 6-7 Years Away

May 10, 2013 at 15:08 | Editorial Dept

Bottom Line: Close to proving commercial viability of its major finds since last year, a new report by the IMF suggests that Kenya will start producing in 6-7 years.

SOUTH SUDAN: More Good News for Oil Production

SOUTH SUDAN: More Good News for Oil Production

May 03, 2013 at 15:41 | Editorial Dept

Bottom Line: Following a long-awaited agreement with Sudan that has South Sudan ready to continue oil production, other developments bode well for South Sudan output, including the integration of rebel…

Kenya Aspires to be East Africa Hydrocarbon Transit Hub

Kenya Aspires to be East Africa Hydrocarbon Transit Hub

May 02, 2013 at 17:00 | Jen Alic

Kenya is moving forward incrementally with its massive $24 billion regional infrastructure project, the Lamu Port-South Sudan-Ethiopia Transit Corridor (LAPSSET), awarding a key tender to a Chinese company.In…

Amid Deteriorating Security, Libya Seeks Higher OPEC Quota

Amid Deteriorating Security, Libya Seeks Higher OPEC Quota

Apr 25, 2013 at 17:14 | Jen Alic

A day after Libya announced it would seek to increase its OPEC oil output quota once production reaches 1.7 billion barrels per day, an attack on the French Embassy recalled…

Libya's Security Should Mirror Oil Ambitions

Libya's Security Should Mirror Oil Ambitions

Apr 24, 2013 at 16:06 | Daniel J. Graeber

A U.S. report on the 2012 attacks in Benghazi highlighted longstanding concerns about the threat level in Libya. The interim report from the House of Representatives followed an attack this…

YEMEN: Chaotic Venue Offers Up New Exploration Tenders

YEMEN: Chaotic Venue Offers Up New Exploration Tenders

Apr 19, 2013 at 14:11 | Editorial Dept

Bottom Line: Yemen is offering up new oil exploration licenses citing a great interest by foreign oil companies, but the truth is that this venue presents THE HIGHEST political risk…

Ghana Oil Boom Raises Piracy Specter

Ghana Oil Boom Raises Piracy Specter

Apr 18, 2013 at 17:03 | Jen Alic

Recent significant offshore oil discoveries in Ghana will catapult the nation into Africa’s major producers club, but it will also be a boon for piracy on the high seas, which…

Egypt Lacks Oil and Sense of Humor

Egypt Lacks Oil and Sense of Humor

Apr 02, 2013 at 18:00 | Claude Salhani

Egypt’s economy is in rather bad shape; practically in a shambles. Unemployment is officially placed at 13 percent, though the reality is certainly much higher. Inflation has almost doubled since…

Sudan-South Sudan: Watch Now as the Oil Flows

Sudan-South Sudan: Watch Now as the Oil Flows

Apr 01, 2013 at 11:20 | Editorial Dept

I’ve been skeptical about investing in either of the two Sudans without an oil and border security deal in place. That said, recent developments remove a lot of the political…

CENTRAL AFRICAN REPUBLIC: Natural Resources Shape New Govt after Rebel Seizure

CENTRAL AFRICAN REPUBLIC: Natural Resources Shape New Govt after Rebel Seizure

Apr 01, 2013 at 11:03 | Editorial Dept

Bottom Line: A new leadership is emerging for this resource-rich country after Seleka rebels seized the presidential palace in Bangui and forced CAR President Francois Bozize to flee, while French…

  
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