The conflict between North and South Sudan is rapidly deteriorating amid talk of war. The South last Friday and Saturday reportedly shut in 900 oil wells and signed a deal with Kenya to construct a new pipeline that would divert exports away from the North. “What the South will pay to ship oil north to… Keep reading →
Scotland will vote on a referendum to secede from the UK this September. A major component of that decision involves the future of the massive Grangemouth refining and petrochemical complex and oil reserves located in the Scottish portion of the North Sea. “Mr. Salmond, Scotland’s first minister, is banking on North Sea oil to underpin… Keep reading →
A lawyer that represents utilities argues in an editorial the EPA’s Cross-state Air Pollution Rule enacted in 2011 causes lesser polluting states to subsidize some of the pollution reduction in states that emit greater volumes of harmful pollutants. The lesser polluting states also tend to have higher electricity costs and would thus be unfairly impacted… Keep reading →
Despite its significant oil wealth, American companies have long shied away from doing business in Sudan, initially because of security concerns and later in response to U.S. sanctions against the government in Khartoum. The secession of South Sudan in July 2011, during which 80% of the country’s oil wealth went to the South, followed by… Keep reading →
