One of the largest concerns for the Ministry of Petroleum since the start of 2011 has been the potentially adverse effects of political uncertainty, as well as a deterioration of security conditions as Egypt undergoes its challenging political transition. While there has been some concern that the political unrest of the last years would deter...
A rapidly expanding population and economy has led to ever greater demand for refined petroleum products – especially diesel – in Egypt. This became quite apparent during the first half of 2013, when shortages at petrol stations led to widespread queuing and mounting public dismay. The question of fuel, supply, therefore, is as much a political one...
Peak oil, put simply, refers to the point in time when global oil extraction reaches its maximum capacity. After this point, the rate of production enters into terminal, irreversible decline. As a theory, it has generated more controversy than is perhaps appropriate for what remains a logical statement of fact. That is, oil, like any finite resource...
Nuclear power has long been the subject of intense discussion, and ever more so in the wake of meltdowns and accidents. Fears of environmental and health risks have sparked fierce resistance in some quarters against a form of power generation that is cheap, clean and long-lasting after incidents at Chernobyl, Three Mile Island and Fukushima – often...
While Egypt’s proven reserves for oil and gas are expected to continue growing, this increase will likely require moving exploration and production into more costly offshore deepwater blocks. Offshore drilling targets oil and natural gas deposits trapped beneath the ocean floor – or in some cases beneath inland lakes and seas – which are accessed...
With an insatiable demand for power to fuel their economies and few reserves of their own, European countries have been in an increasingly symbiotic relationship with the hydrocarbons giants of the Middle East and North Africa (MENA) region, but this may be set to change as shale gas discoveries in the US shake up energy markets around the world....
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