The Israel-Hamas war has so far been contained, pushing oil prices lower, but flare ups in both the West Bank and Syria highlight how fragile the situation remains.
Politics, Geopolitics & Conflict The frontier between Lebanon and Israel has become an intense second front in the Hamas-Israel conflict, which threatens to intensify though Lebanon’s Hezbollah leader Nasrallah avoided calling for an escalation of war with Israel in his speech last Friday. In the meantime, Israel has agreed to 4-hour daily ceasefires to allow for humanitarian aid in Gaza, while at the same time striking a hospital complex on Thursday, where it claims Hamas is operating.
for the project is on its way to the field, but won’t arrive until after the start of the year. Kosmos holds a 26.8% stake in the project, while BP holds a 56% stake and is the operator. Pemex and New Fortress Energy will no longer work together to develop Mexico’s first deepwater natural gas project after the two scrapped a signed agreement. Pemex still plans on developing the Lakach field in the GoM, but they are courting other companies. The Lakach field holds as much as 900 bcf of gas.
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