Courtesy of Barron’s, a report on some emerging new fields in sub-Saharan Africa. As the article notes: “…Until relatively recently, big oil gave little thought to sub-Saharan Africa beyond the coast of Nigeria and Angola. That’s changing rapidly after a significant find off the Atlantic coast of Sierra Leone, where both Anadarko Petroleum and U.K.-based […]
Read more »Courtesy of Upstream Online, a look at Angola’s Sonangol Group’s interest in investing in Ecuador’s Amazon region. As the report notes: “…Angola’s oil minister and Opec president, Jose Maria Botelho de Vasconcelos, will travel to Ecuador at the end of October to discuss Sonangol’s investment in Ecuador, Jaramillo said during a meeting with foreign journalists. […]
Read more »Courtesy of Energy Daily, a report that China and Kenya are discussing a huge project to develop a port on the Kenyan coast and a corridor creating a new export route for China’s oil in Sudan’s secessionist south. As the article notes: Most of Sudan’s oil is in the south — which has a semi-autonomous […]
Read more »Via The Atlantic, a brief look at Greenland’s potential to become – in the longer term – home to a new, new seven sister: Nunaoil. As the article notes: “…Aqqaluk Lynge has a recurring nightmare: “When I’m lying awake at night, I pray we don’t find oil.” That anxiety puts Lynge, the president of Greenland’s […]
Read more »Courtesy of The New York Times, a report on the ambitious Nord Stream pipeline planned to run along the bed of the Baltic Sea, the Russian natural gas giant Gazprom is driving a political wedge between Eastern and Western Europe. As the article notes: While the Russian-German pipeline offers clear energy benefits to Western Europe, […]
Read more »Via The New York Times, news that Gazprom signed a general trade agreement with China National Petroleum Corporation during a state visit by Russian officials. As the article notes: “…The deal calls for the supply of nearly 2.5 trillion cubic feet of gas per year via two potential routes originating from Siberia. China has one […]
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