Oil Exploration and Production in Africa since 2014. Evolution of the Key Players and their Strategies
The fall in oil prices, which began in fall 2014, had a significant influence on the strategies of the key players in the oil industry in Africa.
Trump's Tax Reform and Trade Policy: Renewables Spared, Oil Industry Wins
The energy sector is one where the break between the Trump and Obama administrations is the most pronounced. The three officials in charge, Rick Perry at the Department of Energy (DoE), Scott Pruitt at the Environmental Protection Agency (EPA) and Ryan Zinke at the head of the Department of the Interior (DoI), share the same indifference to the issue of climate change, the same will to encourage oil and gas production in the USA in order to bring an era of American “energy dominance”, the same desire to promote the extraction of “beautiful, clean coal”, to paraphrase President Trumps’s State of the Union address, and the same deep mistrust of renewable energies such as wind and solar.
Strategies of African national oil companies
The study and comparison of different National Oil Companies (NOC) help understanding the political history of Algeria, Nigeria and Angola. The NOC’s role and activities depend on several economic and political aspects. For example, Angolan Sonangol has been the coffer for the Popular Movement of Liberation of Angola (MPLA) party to fund its struggle against the National Union for the Independence of Angola (UNITA) party during civil war.
What Perspectives on the US Oil Policy ?
This Edito highlights how oil, since its discovery in 1859, has played a major role in the US international policy and economy throughout decades, becoming a key tool of the american leadership.
Middle East, the new "Great Game"
Will a divided Middle East become the center of a new “Great Game”? The world’s global powers are aligned in it: the United States, falsely tempted by retraction; Russia, establishing its position in an unexpected state of play, France, destabilized by the contradictions of its own policy… In addition are tussles for regional hegemony between Iran, Turkey, and Saudi Arabia.
Hopes for a New Energy Independency in Egypt
The recent discovery of the giant Zohr's gas field will drastically change the energy future of Egypt, which is today increasingly dependent on imports to meet its growing domestic demand.
Ghana and the Oil Sector: Beyond the Resource Curse?
Four years after the Jubilee block went into production, we can make an initial assessment of the governance of Ghana’s oil resources. In terms of its institutional structure, Ghana is seen as a model for the entire continent.
Local Content Strategies in the Oil and Gas Sector: How to Maximise Benefits to Host Communities
Editor: Deborah Sherwood, published by Institut francais des relations internationales (Ifri)
South Sudan: From Disaster to Chaos
South Sudan is still neither a state nor a nation. Torn apart by ethnic rivalries, divided between diverging ideas about state organization, its only means of political dialogue is war.
Oil and Gas in Eastern Africa: Current Developments and Future Perspectives
The position of oil companies toward East Africa has changed considerably since 2006 when the first reserves in Uganda came to light. However, for many investors interested in the region, it remains difficult to get a clear picture of the scale of developments of this sector.
Reading Rouhani Right
Poll numbers are the life blood of politics these days. Anything expressed in digits has a claim to truth that assertions without digits cannot make. They inspire confidence - especially among those aspiring to public office - that they actually understand what public sentiment is. If you lived between nuclear-armed Israel and Pakistan and had as many world class enemies as Iran has accumulated - would you give up your pursuit of a nuclear weapon?
How is Russia Adapting to a Threatening New Energy World?
The US shale gas revolution has shaken global gas markets. The US is on the eve of becoming self-sufficient in natural gas (and oil), thanks to the massive discoveries of unconventional resources on their territory, while being able to export part of their production. These developments have been closely watched by traditional oil and gas producers.
The European Refining Crisis: What is at stake for Europe?
The European Refining sector is in crisis. The wave of refineries closures has spared no EU Member States.
The U.S. Oil and Gas Boom
A funny thing happened in the last few years when no one was paying attention. J.R. Ewing, the legendary Texas oilman, and his wife Sue Ellen sold Southfork, their ranch near Dallas, and moved to a new home in Pennsylvania (Northfork?). JR immediately began buying subsurface mineral rights for acres of land above the Marcellus and Utica shale formations in the Appalachian Basin. Cliff Barnes, J.R.'s nemesis, sold all his Texas properties and moved to North Dakota, where he started leasing mineral rights to acreage above the Bakken shale play.
Libya: Old or New Picture? Risks of political uncertainty for the gas and oil business
Libya has an opportunity to get back on track. The end of embargoes and sanctions after the conclusion of the “February Revolution” is favoring a fast production growth.
The U.S. Oil and Gas Boom
A funny thing happened in the last few years when no one was paying attention. J.R. Ewing, the legendary Texas oilman, and his wife Sue Ellen sold Southfork, their ranch near Dallas, and moved to a new home in Pennsylvania (Northfork?). JR immediately began buying subsurface mineral rights for acres of land above the Marcellus and Utica shale formations in the Appalachian Basin.
IEA Crisis Management: Evolving with the Risks
Last week the IEA chose not to renew its June strategic stock release. It was the right decision. The volumes of strategic crude and product taken up by the market will be reaching refineries now and incremental volumes produced in the Arabian Gulf will be steaming towards markets.
A Look at the IEA 2011 Release of Strategic Oil Reserves
This paper examines the motivations and the potential consequences of the International Energy Agency’s coordinated action to release petroleum stocks on June 23, 2011.
OPEC: It Is about More Oil - Not Quotas
OPEC has certainly gone out of its way to show how little relevance it has in today’s oil market. It has successfully imported all the political rhetoric and malaise of some of its most unstable members.
The Effects of Baghdad Politics on Kurdistani Gas Prospects
This paper examines the effects of internal Iraqi politics on the potential for exporting Kurdistani natural gas. It examines Baghdad’s policy with regards to both oil and gas, and predicts what effects it will have on Kurdistan’s gas prospects.
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