Incident: Religious violence between Christians and Muslims in Egypt erupts to a dangerous level. In the city of Luxor, in highly Christian-populated Qena province, Muslim…
Incident: Parliamentary elections on 23 January were billed as King Abdullah’s reform remedy for stemming the tide of rebellion. The opposition Muslim Brotherhood boycotted the…
Incident: British Prime Minister David Cameron is dangling a big choice before the country’s voters should his party win the next election: whether or not…
A few thoughts on the "next recession" ... Forecasters generally have a terrible record at predicting recessions. There are many reasons for this poor performance.…
This week, all eyes are on BP (NYSE: BP) in Algeria, and a massive hostage crisis that has sent panic through the markets and led…
The Mediterranean has joined the shale game, but as most of Europe’s Mediterranean countries drag their feet, all eyes are on Israel, Turkey, and Algeria.…
What Traders of Commodity Stocks Need to Know About Tio Tinto’s WritedownThe breaking report from Rio Tinto and their unexpected $14 billion write down tells…
Pakistan’s Tribal Areas (FATA) and Frontier Regions (FR) are believed to have massive reserves of oil and natural gas—which Pakistani officials have suddenly become very…
Increasing demand for higher risk assets along with the unexpected drop in the past week’s U.S. crude oil inventories helped March crude oil spike higher…
Incident: Islamic militants generally based in Mali launched an attack on Monday/Tuesday on a BP-operated gas field in the neighboring Algerian Sahara desert. They took…
Incident: In an indication of the dangerous new low reached in Iraqi-Turkish relations, Iraq’s central government has rescinded an exploration deal with a Turkey’s state-run…
Situation: Romania is ushering in a new government following December general elections, and this new government-designate is indicating that the shale question will be decided…
Situation: The much-heralded Galsi gas pipeline that would expand Europe’s reach to Algeria (and North Africa’s) gas reserves has undergone another setback—this time it may…
Another update on gasoline prices. From the EIA (Energy Information Administration): EIA expects that the Brent crude oil spot price, which averaged $112 per barrel…
Note: Sometimes it is useful to jot down a few thoughts on how the economy is expected to perform. This isn't to test my forecasting…
The struggle for control of Northern Iraq’s oil and gas and a looming Kurdish bid for independence will be the most visible energy-impacting conflict of…
Incident: The sale of Albpetrol to ostensibly US-based Vetro Energy in September has been stalled after Vetro failed to make the deposit to back the…
Incident: Just east of the capital Sana’a at least five people have been killed in fighting near an oil pipeline that began the last week…
Incident: The National Iranian Gas Company has announced it will begin construction of the Iran-Pakistan (IP) pipeline within 30 days. Construction will start on the…
Incident: Iran has test-fired a newly upgraded missile system near the strategic oil and gas Strait of Hormuz in the Persian Gulf. The Raad (Thunder)…