Yemen Air Strikes Push Oil Prices, Global Stocks Tumble

oil

(adsbygoogle = window.adsbygoogle || []).push({}); The escalating tensions in the Middle East pushed the price of crude crude up Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen. Iran-backed Houthi rebels besieging the southern Yemen city of Aden were targeted in the dawn attack by military attacks More...

by Bluwstein Rachel | Published 5 days ago
oil
By David Goldman On Monday, March 23rd, 2015
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Northwestern Oil Deposits Fueling Inter-Ethnic Conflicts

(adsbygoogle = window.adsbygoogle || []).push({}); Two years after commercially viable oil reserves were discovered in Turkana County, the intensity of ethnic militancy has sharply increased. There More...

By David Goldman On Monday, September 29th, 2014
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Soma Oil and Gas Threatens Somalia Government

(adsbygoogle = window.adsbygoogle || []).push({}); British firm Soma Oil and Gas owned by Michael Howard the former British Conservative Party Leader Michael Howard threatens the stability of the More...

By David Goldman On Monday, September 29th, 2014
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Al-Shabaab Being Used by Arab Oil Barons to Destablise North Eastern Regions of Kenya

Al-Shabaab poses a new and more challenging threat to Kenya’s national security, intelligence sources report citing oil and gas finds as factors that present this threat. Strategic Intelligence warns of increased More...

By David Goldman On Monday, September 15th, 2014
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Kenya Army Killed 36 Al-Shabaab Militants in Badhadhe in Lower Juba Somalia

36 Al-Shabaab militants were killed by Kenya Defense Forces operating under the AMISOM banner in Somalia. KDF troops conducted a surgical operation deep inside Somalia and managed to destroy two militant camps in More...

By David Goldman On Monday, September 15th, 2014
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CAMAC Energy Kenya Contracts for Seismic Surveys at Kenya Blocks L1B, L16

CAMAC Energy Inc. reports that its subsidiary, CAMAC Energy Kenya Limited awarded seismic contracts for the acquisition of 2D seismic surveys on Block L1B onshore Kenya, and Block L16 which is partly onshore and More...

By David Goldman On Thursday, August 28th, 2014
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Tullow Discovers More Oil in Kenya, in Appraisal Update

Tullow Oil has announced the discovery of more oil deposits in Kenya’s Etom-1 well  located on Blocks 10BB and 13T onshore. Tullow Oil exploration and appraisal update in Kenya Tullow Oil plc (“Tullow”) More...

By Goodman David On Tuesday, June 17th, 2014
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THE RED LINE HAS BEEN CROSSED

Intelligence sources hidden in crowds at Raila Odingas Tononoka rally confirm that hundreds of Al-Shabaab sympathizers present at the TERROR ALLIED MASJID MUSSA MOSQUE incident formed a second security ring for More...

By David Goldman On Monday, June 9th, 2014
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Soma Oil & Gas Completes Tests Offshore Somalia

Soma Oil & Gas Exploration Limited, the Somalia focused oil and gas exploration company, announced Friday the completion of its offshore seismic acquisition program which commenced in February 2014. The seismic More...

By David Goldman On Wednesday, May 28th, 2014
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Company Seeking Somalia Oil Block Buyer

A foreign company with an oil exploration contract with the Somali government is looking for a company that can buy out its stake in the oil block. Somalia which has faced decades of anarchy and militancy is viewed More...