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  • Conflict In North Africa Threatens Gas Supply To Europe

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    European natural gas supplies are not only waning because of lower Russian supply. Brussels, Berlin and even the Hague are keeping a keen eye on the statements made by Russian President Vladimir Putin and market reports about reduced flows through the Yamal pipeline and Ukraine. At the same ...
  • Can Libya Become A Global Oil And Gas Power Once Again?

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    Given the delicate supply and demand balance at play in the oil market, which, as analyzed in-depth in my new book on the global oil markets, is likely to remain for some time, even relatively incremental additions to that supply on the margin can be significant. Last week, ...
  • Total, China’s CNOOC to Extract Uganda’s Lake Albert Oil Reserves

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    Environmental groups have criticised the plan by French and Chinese oil companies to develop oil resources under Lake Albert in Uganda and build a pipeline to bring the oil though Tanzania. France’s Total and China’s CNOOC signed a U.S.$10 billion deal on February1, 2022. Environmental groups are warning ...
  • South African Court Says No to Shell on Seismic Survey

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    The Minister of Minerals and Mining Gwede Mantashe and oil giant Shell has had no joy from the Makhanda High Court which ruled that the interim interdict that was issued in December, 2021, be upheld. This decision was in relation to Shell’s application to explore for oil and ...
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