Qatar Emir Cedes Power to SonEmir of Qatar Hamad bin Khalifa al-Thani (61) ceded power Tuesday to his 33-year-old son, Tamin bin Hamad al-Thani. This…
Underground coal gasification (UCG) has been around for a very long time, but just as it was about to surface as a potentially commercially viable…
Peru Prepares for Amazon Oil AuctionPeru is preparing to auction off 26 oil concessions in the Amazon region after holding consultations with indigenous groups. The…
Noble Seals Cyprus LNG Terminal DealLast week, Cyprus approved a deal with Houston-based Noble Energy Inc. (NBL) and its Israeli partners (Delek Drilling LP and…
Uncertainty Rises in LebanonSpillover from the conflict in Syria has entered a new phase in Lebanon, and we are increasingly concerned that the country will…
It’s hard to get a handle on the Utica shale, and whether it’s an amazing success or a horrible disappointment—this is a matter of perspective.…
Iranian Elections Bode Well for Political UnityThe Iranian people elected a new president on 14 June in the first round, with over 70% voter turnout. …
Angola to Auction off More Exploration RightsAngola is shaping up to be the next major sweet spot in West Africa—with the potential to rival even…
Norway Sticks to Gas Pipeline Tariff Cut Officials in Norway have indicated that they will go ahead with a controversial plan to cut tariffs on…
‘Peacekeepers’ for South African MinesSouth Africa is toying with the idea of deploying what it refers to as “peacekeepers” to restore a sense of security…
Five years ago, the Haynesville shale emerged as the largest producing shale gas play in the US, with an estimated 250 trillion cubic feet of…
Bottom Line: As Egypt’s political uncertainty soars unabated, two major oil supply deals with Iraq and Libya are falling through without the financing guarantees, while…
Bottom Line: Petrobras has made the largest-ever crude oil discovery in Brazil as estimates for the Libra field are doubled to as much as 12…
Bottom Line: Argentina is hoping to reign in hidden money and redirect it to government coffers with a new “tax amnesty” as the black market…
Bottom Line: Tullow gets a boost in emerging oil major Ghana, with the official green light for a massive deep-water development project encompassing its three…
From Reuters: U.S. Midwest gasoline price spike expected to lingerGasoline prices at the pump in several U.S. Midwestern states have spiked close to record highs…
It’s not a household name yet—and it’s a bit of a mouthful—but the 2.7 million-acre Tuscaloosa Marine Shale (TMS) in Southeast Louisiana and Southwest Mississippi…
Bottom Line: If Prime Minister Erdogan continues to mismanage a crisis in the form of 7 days running of mass anti-government protests, the highly influential…
Bottom Line: Amid two major oil deals, Venezuela is lurching towards political chaos with the state oil company’s debts rivaling those of the federal government…
Bottom Line: As Greece sells off its state-owned natural gas company (DEPA/DEFSA) under insolvency pressure, a minor Russian holding steps in as a proxy for…