Eni Launches Major Gas Development Project In Libya
January 29th, 2023
Via Eurasia Review, a report on Eni’s strategic project aimed at increasing gas production to supply the Libyan domestic market as well as to ensure export to Europe: Eni CEO, Claudio Descalzi, and the CEO of the National Oil Corporation of Libya (NOC), Farhat Bengdara, agreed Saturday on the development of “Structures A&E”, a strategic project […]
Read more »Does Ryanair Have Libya On Its Flight Plan?
December 15th, 2022
Via Business Center Tripoli Libya, a brief report that Ryanair may be exploring the possibility of serving Libya: The CEO of Irish Ryan Air, Michael O’Leary, the largest airline in Europe in terms of the number of passengers is talking with the authorities in Libya regarding operating flights to the country for the first time. […]
Read more »Libyan PM Defends Controversial Hydrocarbon Deal With Turkey
October 14th, 2022
Via AfricaNews.com, a report on Libya’s controversial hydrocarbon deal with Turkey: Head of Libya’s Tripoli-based government, Abdelhamid Dbeibah, has defended a hydrocarbon exploration deal in Libyan waters signed with Turkey that has been criticized by his political rivals and regional countries. “The Turkish-Libyan memorandum is based on bilateral agreements concluded before 2011. (…) It is our […]
Read more »Turkey-Libya Energy Deal Clouds Waters In East Mediterranean
October 5th, 2022
Via Al Monitor, an article on the energy deal signed between Turkey and the Libyan administration of? Abdul Hamid Dbeibah on Monday: Turkey reacted angrily Tuesday to criticisms over the hydrocarbons accord it signed with Libya’s Tripoli-based government, which allows Turkish and Libyan companies to carry out joint explorations in the eastern Mediterranean. The deal, whose […]
Read more »Firing of the NOC Chairman Risks Politicizing Libya’s Oil Company
July 16th, 2022
Courtesy of STRATFOR (subscription required), a report on how the recent firing of the NOC Chairman risks politicizing Libya’s oil company: In firing Libya’s National Oil Corporation (NOC) board of directors, Prime Minister Abdul Hamid Dbeibah is trying to end oil blockades and encourage his eastern-based rival Khalifa Hifter to enter negotiations on a possible political settlement. But […]
Read more »Twilight of Petrostates
August 1st, 2020
Via The Economist, an article on the impact of the demise of easy oil money: Their budgets don’t add up anymore. Algeria needs the price of Brent crude, an international benchmark for oil, to rise to $157 dollars a barrel. Oman needs it to hit $87. No Arab oil producer, save tiny Qatar, can balance […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.