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Analysis: The King's Visit to Moscow is a Major Turning Point in Middle-East Politics

... the reasons Saudi Arabia did not join the Astana initiative is that Iran is a founder. The Saudis does not fear a Russian influence in Syria, but they rather fear an Iranian one. Plus, Russians and Saudis have a lot to discuss and cooperate such as Oil and Gas markets, they have to deal openly at some point. It is in none favour to go into a confrontation in Syria or the Middle-East. As a result, the Saudis had started to view the Russian role in the Middle-East as stability guaranteer. The Saudis ...

Опубликовано:
06.11.2017 20:38:25

Why Russia Must Pressure Libya to Reduce its Oil Production

On July 23, 2017, Russia’s Energy Minister Alexander Novak told the Financial Times that Libya should join the oil supply production cut agreement brokered by Moscow and OPEC last December. Russia’s decision to target Libya, alongside Nigeria and US shale gas, surprised some observers, as Moscow retains tight links to military chieftain Khalifa Haftar, who holds ...

Опубликовано:
07.08.2017 01:59:31

A Circle of Economic Crisis and Political Instability in Egypt

... reduction of fundings, resulted in a 19% reduction in imports. In line with its reform of the price support system, which absorbs 25% of the budget, the Egyptian government has decided to increase the prices in two critical sectors. First, the prices of oil and gas for factories were raised by about 50%, the former going from 1000 to 1500 pounds per ton, while the latter increased from 4 to $ 6 per each million units. Beside energy, the other sector touched by this policy is that of drugs, where the ...

Опубликовано:
27.12.2016 22:22:00

Oil and Nation-Building in Azerbaijan

In 1994, when Azerbaijan struck the ‘Contract of the Century’, it seemed that the republic’s future was defined for many years to come. The infamous oil contract has had a tremendous effect on Azerbaijan’s role and presence in the world energy network: an estimated 233 billion barrels worth of oil made Azerbaijan a new Saudi Arabia at the crossroads of Europe and Asia, and an energy corridor everybody ...

Опубликовано:
26.05.2016 14:24:00

A Reality Check on U.S.-Russian Relations: Not Time to Relax, but Not Time to Panic, Either

By Brian E. Frydenborg, February 26th, 2015 (updated February 27th-28th) Originally published on LinkedIn Pulse here If you think your site or another would be a good place for this content please do not hesitate to reach out to me! Please feel free to share and repost on LinkedIn, Facebook, and Twitter (you can follow me there at @bfry1981) One of the sad things about looking at current commentary about Russia, America, and the state of their relationship is the lack of measured and reasoned...

Опубликовано:
27.02.2015 05:12:00

Is Oil Low Price Going to Sustain the Economic Recovery?

During the last part of 2014, optimism steadily raised over the unusually low prices of oil and their allegedly positive economic effects on the economies of oil importing countries. Although some evidence points in this direction, a more thorough assessment leads unfortunately to different conclusions. The Deceptive Optimism Late in ...

Опубликовано:
17.02.2015 14:11:00

A Chess Match for the Control of Oil

Undoubtedly, the plummeting of oil price is one of the most observed and debated topics of this year's end, both for its economic and political implications. These kind of events are hardly ever random, or driven by market forces alone. In this article I will examine the reasons ...

Опубликовано:
30.12.2014 21:27:00

Recent US and World Energy Changes

... course, solely the author's own, and do not represent the official views of either the U of Michigan, Ann Arbor, or its Energy Institute, of which the author has been a Fellow since 2008 or so. I have been following the world energy industry, and the oil industry in particular, on a daily basis, ever since my MBA thesis on the evolution of Oil Tanker Shipping at the Sloan School at MIT. I have also been receiving and studying the annual Statistical Survey on World Energy published by BP since the ...

Опубликовано:
09.07.2014 15:04:00

Energy Outlook 2035 - BP

To borrow the words of Christof Ruehl, Group Chief Economist and Vice President of BP, this time around the multinational oil supermajor aimed to “shake-up the crystal ball” by recalibrating some of its old formulas in the bid to provide a fresh outlook on the way global energy markets will evolve. In this post Casing Point explores to what results this recalibration ...

Опубликовано:
02.03.2014 19:14:00

The Arctic Frontier - Armed with Cooperation

... challenges singlehandedly. As the conference went on a news emerged that Canada just applied to have its seabed boarders extentended into the Arctic seafloor by about 1.7 million sq km, where an estimated 30% of world's untapped gas and 15% of oil is preserved (Daily Mail, 2013). A similar claim was made by Russia in 2001, when it filed the UN's CLCS for an extension by arguing that the underwater Lomonosov Ridge was an extension of its territory which amounted to 1.2 million sq km....

Опубликовано:
11.12.2013 06:16:00

Andrei Zagorsky: Improving the odds of an Arctic gamble

... look for solutions. RD: Could you give a specific example to illustrate why we need to harmonize environmental legislation? A.Z.: Well, the U.S. and Canada have very, very strict environmental restrictions. which also now include the lessons from the oil spill in the Gulf of Mexico. If the same incident happens in the Arctic, the consequences will be much more disastrous not only for coastal states, but also for the entire Arctic. And these nations have introduced such high requirements for any offshore ...

Опубликовано:
28.11.2013 14:28:00

A Hazardous Game – The Strait of Malacca

... transpired along an explosion of vast riches for opportunists. However, aside from meeting other pirates, Jack would soon learn that he has entered one of the most vital and fiercely contested waters of the seven seas. He would grasp he has been embroiled into one of the biggest geopolitical chess games, except all the pieces are real and the consequences of a checkmate are colossal. Hence, in this post we explore what makes these waters so important and potentially volatile. Please Enjoy & Feel ...

Опубликовано:
08.10.2013 14:58:00

Who Governs Global Oil Prices?

If we agree that diamonds, malachite and tantalite are a curse for D.R. Congo, then oil must be the penultimate stained Holy Grail of the entire world. It aids Middle Eastern dictators in their bids to be the last man on their thrones, causes thirsty states to indulge in most sinful actions, pushes profit-driven corporations to exploit ...

Опубликовано:
13.09.2013 16:47:00

Oil and Gas Markets to 2025 - LUKoil

... transportation for new cars. As this shift is occurring, under the breeze of economic prosperity across Asia, South America and even Africa, the global energy balance is tipping, particularly as the new economic frontiers are moving at unprecedented pace. LUKoil's 2025 report focuses on these shifts with regards to demographics, motorization, OPEC policy and rapid changes in exploration and production of hydrocarbons. This report is the first of its kind for LUKoil, allowing one to peek at the global ...

Опубликовано:
25.07.2013 04:02:00

Wary Bear and Shrewd Dragon

... energy, its only natural room to manoeuvre seems northwards. Even if the world does not tremble, Russia fears that at the least Eurasia will shake. As promised, this is the second post in this special series and once again I am joined by the Head of Oil and Gas at the Energy Research Institute of the Russian Academy of Sciences, Dr. Tatiana Mitrova. We discuss: sinicisation, geopolitical mistrust, energy deals, the Central Asian Ace & more! Please, feel free to comment & enjoy! Personal Note: ...

Опубликовано:
01.07.2013 13:01:00

European Energy Woes

... applied. In this post issues like energy weaponry (enormous logical fallacy in my opinion), market reforms, looming contract litigation, energy security, shale revolution and domestic challenges will be discussed. In this post I am joined by the Head of Oil and Gas at the Energy Research Institute of the Russian Academy of Sciences, Dr. Tatiana Mitrova. This is the first of two posts from this special series, so keep tuned, please feel free to comment and enjoy! Personal Note: My regular readers ...

Опубликовано:
14.06.2013 00:32:00

Wild World – Dr. Adrian Pabst Interview

... years Europe has lingered around recession with little light at the end of the tunnel. Is someone, or something, responsible for this crisis? Perhaps, is it a virtue of the capitalist system, its agents, or other factors? The continuous eurozone turmoil provides a microcosm for the wider global economy. It has variously been described as a financial or a fiscal crisis, caused either by an over-leveraged banking system or by unsustainable budget deficits and sovereign debt. But perhaps with the exception ...

Опубликовано:
01.05.2013 17:46:00

Route-2030

... framework to my last posts with direct links to all the sources, for easy access, as this is a blog and it doesn't require academic rigour. Please see the following link for the Energy Policy journal article on which this post builds upon: "Oil & Natural Gas in Russia's Eastern Energy Strategy: Dream or Reality. Also, please feel free to comment or leave a like, its always more productive to engage in a discussion! Route 2030: Dream or Reality? The rising politicization of Euro-Russian ...

Опубликовано:
12.04.2013 00:27:00

Oil and Gas Digest

... 'how good was my sandwich', but rather form it into a serious research and database tool. I also realised that I could share further, thus I am introducing my First RIAC Monthly Digest. My aim here is to recap, analyse, and offer links to top: Oil&Gas News, Pictures & Videos, from experts and institutions I follow. Also, please feel free to leave a comment below! March's Top News: - Xi Jinping... From Russia With Love: Xi Jinping visit to Russia was highly symbolic, as is the ...

Опубликовано:
02.04.2013 20:07:00

Shale Revolution – Full Steam Ahead!

Alongside my typical journalistic duties at ‘Oil & Gas Eurasia Magazine’, I tend to daily scan both Russian and Western media outlets, news stands, twitter profiles, oil companies press releases and alike - for major news, interesting articles and possible leads within the energy industry....

Опубликовано:
15.03.2013 18:00:00

 

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Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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