The Mudcat Café TM
Thread #140881   Message #3240458
Posted By: Q (Frank Staplin)
17-Oct-11 - 05:34 PM
Thread Name: BS: US troops to Uganda
Subject: RE: BS: US troops to Uganda
You joke, the pope of course has nothing to do with ENI, the Italian Oil giant, big in the Horn of Africa. Berlusconi (sp?) and his cronies will get the gravy, not the Pope.
ENI, as I noted elsewhere, is the biggie in Libya, along with Total (French).
BP was effectively kicked out of Russia and the deal handed to ExxonMobil, but if they don't agree to a voiceless position, they may get the boot from the Russian 'mafia' as well.

BP is pushing in the Arctic offshore, their next big play. Don't forget, that Gulf blowout was from a tremendous reserve, and they will continue to develop it, hopefully with more care.