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...years have shown that countries up the coast of East Africa have natural gas in abundance. Early data compiled by industry consultants also suggest the presence of massive offshore oil deposits. Those finds have spurred oil explorers to start dropping more wells in East Africa, a region they say is an oil and gas bonanza just waiting to be tapped, one of the last great frontiers in the hunt for hydrocarbons. "I and a lot of other people in oil companies working in East Africa have long been convinced that it's the last real high-potential area...
...Explorers salivate in particular at the prospect of peace in Somalia. Oil reserves in the blocks licensed to two small oil companies, Africa Oil and Range Resources, could contain as much as 10 billion bbl. Nobody is talking about producing oil in Somalia anytime soon, but analysts say oil companies are less likely to be intimidated by political risk than they were in the past. They point to oil production in south Sudan, where a 20-year civil war that ended in 2005 threatens to reignite. "Definitely, there is a sense that there are discoveries to be had," says...
...people can make their own decisions. Norms [are] basic guidelines that are simple, easy to understand and intuitive. If you're buying [on eBay], the rule is, you follow through and you send your money. If you're selling, you basically send your goods in the way that you say you will. That makes sense to us; it's easy to follow those rules. Lastly, accountability. This isn't about trying to catch people. It's actually about giving people the perception that if they break the rules there's a good chance they'll get caught...
...dramatic vote against the President that took place last spring, when the Senate voted 90-6 to block the transfer of Guantánamo detainees to the U.S. A Graham amendment to block funding for civilian trials for 9/11 conspirators failed 55-45 last fall, but Democratic aides say an undetermined number of Democrats may have slipped since Christmas...
...country where discussing conspiracy theories is a national pastime, there is no shortage of speculation about Navalny's motives. Some bloggers say he collects dirt on companies to demand payouts in exchange for keeping quiet. (He denies the accusation, saying the companies he targets are too powerful to bother with hush money.) Others claim he is secretly funded by powerful businessmen who want to make their competitors nervous. Gazprom even published a two-page article in a corporate publication attacking Navalny for his pursuit of criminal charges in a deal involving a Gazprom subsidiary, accusing him of "terrorizing" state-owned...