• 3 minutes Australian power prices go insane
  • 7 minutes Wind droughts
  • 11 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 9 hours Hopes Are Dashed For International Oil Companies In North Iraq
  • 12 hours "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 1 day 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 3 days Changing Gazprom ADRs to Russian shares
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
Editorial Dept

Editorial Dept

More Info

Global Energy Advisory – 6th November 2015

This week, we take you through a list of security and stability alerts in areas where oil and gas operations and other commodities may be affected.

• Egypt: Spillover from Syria

Another suicide car bombing at a policeman’s club in al-Arish, North Sinai governorate killed at least six and wounded 10 others. The attack is believed to have been perpetrated by a group that has affiliated itself with the Islamic State (IS), Wilayat Sinai. For oil and gas operations, this should be viewed as a significant security issue—both in the Sinai and the Nile Delta regions (the latter has been the site of some major new exploration)—representing the definitive spillover of the conflict from Syria.

• Romania: Political Unrest, Seething Corruption

Unrest in Romania intensifies, and the resignation of Prime Minister Victor Ponta does not seem to have helped at all. Mass protests were calling for his resignation and early elections after a 30 October fire in a nightclub in Bucharest caused 32 deaths. Ponta has now stepped down, but the protests continue. Corruption is the issue here, and Ponta has been charged in a number of cases and is expected to face trial. This is not, however, a case of one allegedly corrupt official. Corruption is entrenched at all levels, and that Ponta has now fallen largely means that he simply lost the game to his equally corrupt political rivals. Thus, protests continue. This comes shortly after Russian oil giant…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News