While North Korea has not suggested it intends to attack its immediate neighbours or their energy infrastructure it does have the capabilities to do so.
Angola, as part of the arrangement with the Organisation of the Petroleum Exporting Countries (Opec) members, agreed to reduce oil production by 78,000 barrels per day, to a maximum of 1,673,000 for six months from the start of 2017.
The Kurdistan region was once considered to be the last great frontier in the petroleum industry, however, a series of setbacks have reduced its appeal.
The UK and Norwegian North Sea has recently shown an increase in mergers and acquisitions activity despite the latest oil price down-cycle and its perception of a high-cost mature basin.
The Organization of the Petroleum Exporting Countries (Opec) ministers will gather in Vienna, the Austrian capital today to discuss the world’s oil supply and prices.