Tag Archives | Fawzia Sheikh

Syria Appeals For More Foreign Oil Money Yet Bureaucracy Remains A Questionable Obstacle

As Syria aggressively courts foreign investors to rescue its dwindling oil and gas sector, government corruption and problems settling disputes remain sticking points for some interested international players. But experts are divided over how contentious these obstacles truly are. Foreign oil firms face “some bureaucracy” in the petroleum industry but the situation has improved quite […]

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Amid Push For Renewable Energy, Saudi Arabia Cautiously Turns Over Green Leaf

The promise of green energy has intrigued the Middle East, where concern about future reserves runs deep, but Saudi Arabia’s recent plan for a multibillion-dollar investment in traditional oil projects underscores lingering concern about betting on renewables. Riyadh plans to spend $170 billon over the next five years on energy and oil refining efforts; the […]

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Argentina Running Out Of Options In Falklands Oil Fight

As Argentina’s oil battle with the United Kingdom rages on, the only other obstacle the South American country can throw at oil companies planning to drill near the Falkland Islands is to interdict U.K. ships or equipment – but regional expert Riordan Roett doubts the Argentines are “stupid enough to do that.” This would be […]

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Fate of Foreign Oil Investors In Limbo Amid Ghana-Côte d’Ivoire Border Dispute

A maritime boundary dispute between Ghana and Côte d’Ivoire that erupted this month casts doubt on future international oil claims near the contested area and raises questions about the reaction of foreign investors to the uncertainty. Earlier this month, Côte d’Ivoire appealed to the United Nations to delineate its offshore border with Ghana, a bid […]

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Damage Done By Nigeria’s Contentious Oil Bill May Be Tough To Undo

Nigeria’s controversial oil industry bill is expected to eventually pass but the government may find it tough to later shift gears as international oil firms targeted under the legislation scale back their investments. The Nigerian parliament is debating the Petroleum Industry Bill, an attempt at oil-sector reform in which Abuja can negotiate “downward” a foreign […]

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Libya Courting Oil & Gas Investors but Faces a Tough Sell Following Recent Government Fiascos

The Libyan government has been sounding off lately about boosting the profile of its oil and gas market, but it’s questionable whether international companies will ignore the government’s missteps in the industry – not to mention the recent lackluster energy finds – and keep injecting money into the North African country. The head of Libya’s […]

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Iran Unfazed By Congressional Threats of New Energy Sanctions

U.S. lawmakers are toughening their stance on Iran’s energy industry with new economic penalties, but experts doubt the Islamic regime will pay much attention and is more likely to open the doors even wider to other players eager to replace fleeing investors. Long on Congress’ radar screen, Iran is being targeted by two bills: The […]

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