Egypt

Israeli Navy Holds Training Exercise

In a story rife with geopolitical implications, reports indicate the consortium developing Israel’s Leviathan gas field – which includes US-based Noble Energy – could be close to signing supply deals with Turkey and Egypt instead of sending to gas to Greece and/or Cyprus as previously planned. In an ironic reversal of fortune, Israeli gas could… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

National Geographic is running a special energy series and a recent article highlights steps companies and environmental groups are taking to reduce the impacts associated with shale gas and oil development. “Natural gas is a potential energy bounty for the country, and development is probably inevitable,” said Ben Ratner, a project manager for the nonprofit… Keep reading →

Jordan’s Energy Balancing Act

Benjamin Netanyahu Visits Jordan

A deal to buy Israeli natural gas can help mitigate the kingdom’s energy shortage and steer Amman away from problematic nuclear plans, but it risks stirring domestic opposition. In February, two private Jordanian firms signed a contract with a private U.S.-Israeli consortium to import natural gas from Israel’s giant Tamar field, located under the bed… Keep reading →

At Least Four Killed As Bomb Blasts Hit Cairo

The military chief has some strong assets and likely staying power, but he will still face great pressure if he is elected as anticipated, since the benchmark for success will be his ability to satisfy an Egyptian polity filled with unrealistically high socioeconomic expectations. The February 24 resignation of Egypt’s cabinet has fed expectations that… Keep reading →

South Australian EPA To Investigate Wind Farm Health Implications

Egypt was recently forced to divert natural gas from LNG export projects to domestic power generation and industrial sectors, and there is no relief in sight. One of the major challenges facing leadership are the substantial energy subsidies that keep gasoline prices below market levels, which is a common issue throughout the region. Keeping the… Keep reading →

A Referendum Vote Is held In Egypt Over A New Constitution

As the sociopolitical situation in Egypt deteriorates, the country’s energy infrastructure is also suffering. Although winter blackouts currently frustrating the population are being blamed on seasonal maintenance, a tight natural gas supply situation could exacerbate matters this summer when air conditioning-demand peaks. In late January, BG Group was ordered to direct gas away from LNG… Keep reading →

President Obama Speaks At Southern Site Of The Keystone Oil Pipeline

This scathing editorial shreds Washington’s energy policy record going back to the Carter administration and calls out President Obama for claiming in the State of the Union address that his administration’s policies were responsible for currently booming oil & gas production. [Forbes] Natural gas is being diverted to domestic grids in Egypt and next year… Keep reading →

Secretary of Defense Gates Middle East Diplomacy Trip

Washington’s relationship with Riyadh has always been focused on mutually-beneficial policies, while politely ignoring considerable societal differences. There have certainly been periods of ideological conflict, but the House of Saud and the Obama Administration currently find themselves very far apart on several important issues. And while leadership in Washington thus far appears relatively unconcerned –… Keep reading →

Congress Meets As Government Shutdown Looms

Head of TransCanada’s Keystone XL project Les Cherwenuk has faulted Republicans for delaying the completion of the Keystone XL pipeline. A Republicans mandate in 2012 requiring President Obama to make a decision on the pipeline was issued before materials needed for approval were complete, he said. “He couldn’t [approve the project] fundamentally , since the work… Keep reading →

Unrest Grows After Court Upholds Death Sentences For 21 Convicted Port Said Football Rioters

It made for great headlines, but the Syrian conflict never posed a serious risk to global oil supplies. Syria’s domestic production has dwindled and civil war ground exports down to virtually nothing last year. Escalating violence in Egypt, however, presents much more serious global oil market risk. Insurgents displeased with the ouster of Muslim Brotherhood… Keep reading →

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