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Oil Should Stay In Triple Digits: Analyst

Geopolitics / Africa

Nigeria may be Next OPEC Member to Fall

May 10, 2013 at 18:15 | Daniel J. Graeber

The wealthiest man in Africa said he's secured billions of dollars in loans to help kick start the refinery business in Nigeria. OPEC-member Nigeria is forced to import most of…

GHANA-COTE D’IVOIRE: New Find, Old Maritime Dispute

May 10, 2013 at 15:12 | Editorial Dept

Bottom Line: A new discovery by France’s Total SA (TOT) just inside territorial waters of Cote d’Ivoire will either exacerbate or speed up a resolution for a maritime boundary dispute…

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

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

May 02, 2013 at 17:00 | Charles Kennedy

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

Apr 25, 2013 at 17:14 | Charles Kennedy

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

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

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

Apr 18, 2013 at 17:03 | Charles Kennedy

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

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

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

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…

Sudan Auctions off Exploration Blocks, Hoping to Revive Energy Industry

Mar 25, 2013 at 18:35 | Geopolitical Monitor

South Sudan may have taken most of Sudan’s known energy reserves with it when it voted for independence in 2011, but that doesn’t mean Khartoum has given up on keeping…

DRC-RWANDA: M23 Gains Strength in Rivalry Reduction

Mar 22, 2013 at 15:45 | Editorial Dept

Bottom Line: As the situation in the Democratic Republic of Congo (DRC) escalates, the surrender to international authorities of a key Congolese general linked to M23 rebels will reshape the…

India Mimics China in Seeking African Energy

Mar 21, 2013 at 18:16 | John Daly

Africa is undergoing the great scrabble for its resources since Europeans carved up the Dark Continent in the 19th century.The latest to enter the fray for Africa’s energy…

KENYA: E&P Uncertainty After Elections

Mar 15, 2013 at 14:07 | Editorial Dept

Bottom Line: Kenya’s new president-elect has scratched by with a very narrow victory that is likely to be challenged by his key opponent, but the public has indicated—through non-violence—that it…

NIGERIA: Ansaru Evolves Strategy with Apparent Hostage Executions

Mar 15, 2013 at 13:56 | Editorial Dept

Bottom Line: The kidnapping and apparent execution of 7 hostages (European nationals and Middle Eastern nationals) by Ansaru is a significant cause for concern for foreign companies operating in Northern…

CAMEROON: Mali-Inspired Kidnapping Wave Begins

Mar 01, 2013 at 09:40 | Editorial Dept

Bottom Line: The kidnapping of seven French nationals in Cameroon, near the border with Nigeria, is only the start of what will be a wave of kidnappings across the region—and…

MALI: As Predicted, French Buried in Mali Long Term

Mar 01, 2013 at 09:26 | Editorial Dept

Bottom Line: The Islamic insurgents (from three different groups) have demonstrated that they are capable of holding back French and Malian forces in Mali’s north. When the French gain ground,…

East Africa Unites to Overcome Power Shortages

Feb 21, 2013 at 17:00 | John Daly

Tanzania, Kenya, Burundi and Rwanda are burying their nationalism to cooperate on upgrading their energy infrastructure.Tanzania has natural gas and coal, Kenya is a potential dynamo of geothermal…

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