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 leads and what is in store for us in the world of energy; at the end should we anticipate major shifts or expect much of...
- Опубликовано:
- 02.03.2014 19:14:00
In the midst of the 20th century the Arctic resembled a geopolitical playground where two superpowers tested each other’s nerves with their burgeoning nuclear arsenals, as submarines plied deep beneath icy waters. What changed? In the 21st century bipolarity has ended and memories of the Cold War are withdrawing deeper into history books, whilst people slowly desert countless dated yet seemingly inherent dispositions. It seems stories about latent conflict or sparks beside a fuse only exist...
- Опубликовано:
- 11.12.2013 06:16:00
While on the one side of the planet, people are ardently buying new helmets along with bright yellow ribbons for their dusty bicycles, on the other side, people are busily exchanging their iconic means of 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...
- Опубликовано:
- 25.07.2013 04:02:00
"Quand la Chine s'éveillera, le monde tremblera"
Napoleon Bonaparte
The awakening of this old sleeping giant, or more accurately its re-awakening, has led much ink to be spilled and many keys to be worn-down. For many, this phenomenon was of great interest naturally due to China’s huge size and its equally large potential; especially, in contrast to the economically and politically stagnating West. However, for Russia, this re-emergence plays an exceptional role which...
- Опубликовано:
- 01.07.2013 13:01:00
"There is nothing more difficult to take in hand or more perilous to conduct… than to take the lead in the introduction of a new order of things."
– Niccolò Machiavelli
Machiavelli's quote stresses three things. Firstly, it underlines that any new route will likely be perilous. Secondly, it highlights that someone must take the responsibility to direct the nation's path. Lastly, it grants me the chance to include Machiavelli into my blog; for those...
- Опубликовано:
- 12.04.2013 00:27:00
Internet like Steam Engine, is a Technological Breakthrough that Changed the World
Peter Singer
Up to recently, I was sceptical about Singer's quote. As my economic background reminded me that the light bulb was more revolutionary for growth, and as I am quite a social person, I avoided too much online interaction; but my (belated) discovery of Twitter altered my views. I was never going to tweet about futile things like 'how good was my sandwich', but rather form it into...
- Опубликовано:
- 02.04.2013 20:07:00
... contamination due to chemicals used in the method or gas released into the water make it unwise?
European countries like Great Britain, Germany and Poland, as Chatham House sees it in The New Times article, will not make a substantial contribution to the shale gas revolution in the immediate future. Although they have begun developing shale since the end of 2000’s, technical factors like difficult geology in Europe and high density population, as well as, institutional factors like environmental ...
- Опубликовано:
- 15.03.2013 18:00:00
... especially now as it is disabling its nuclear reactors after the Fukushima Disaster. It will have a serious impact on the already tentative Japanese economy, especially as it has no own energy reserves, making it a premium market for all exporters.
- Shale Gas Revolution:
The US ‘shale gas revolution’ has made this previously substantial net-importer of gas into almost a self-sustainable entity, with a net-equal position between its imports and exports. USA even had to convert its now ...
- Опубликовано:
- 18.02.2013 12:29:00
... increased from 4.2 billion rubles to 37.4 billion rubles (2000-2012), the next step many specialist argue for is to have a system where information can be shared or even energy sector civil society.
Revenkov, V. (Oil & Gas Institute of Energy & Finances): Shale Gas Revolution
In the world of energy trade which may seem slow and quite traditional, things in fact can alter swiftly with states or energy firms being like poker players; individual skill mainly rules the result, but at times one wins due ...
- Опубликовано:
- 05.02.2013 15:42:00