Developing Offshore Oil and Gas Resources in the Russian Arctic Shelf: Now and Tomorrow
Developing Offshore Oil and Gas Resources in the Russian Arctic Shelf: Now and Tomorrow
The Soviet Union started actively developing its Arctic shelf in the early 1980s. The most promising ...
Top Five Factors Affecting Oil Prices
The situation on the oil market is a cause for concern – members are worried, and increasingly asking questions: prices continue to fall and there seem to be no signs of trend reversal in the offing. Nor is there any consensus among ...
... Alaska boasts the world’s largest zinc reserves, producing 5 percent of the global output and 79 percent of the total U.S. output. That mine also
produces
3 percent of global and 33 percent of American lead.
Alaska is also America's second largest oil producer, at 20 percent of the total extracted volume. And more huge oil and gas-bearing formations have been discovered in northern areas. Prudhoe Bay is the largest traditional continental field, which accounts for
8 percent
of the national oil ...
Recent reports released by analysts suggest that the situation in the oil market, already highly volatile, could get much worse in the near future. Morgan Stanley in particular argues that the oil crash that we are witnessing now may be even worse than the oil glut of 1986. In December that year oil prices fell from $23....
Oil prices have recently been gaining some momentum due to a multitude of factors, including the slowing of rig count declines in the US, a possible decline in production as well as Saudi Arabia raising the oil price for Asian customers for a second consecutive ...
The U.S. oil industry seems to be on the verge of the most significant turning point it has faced since the 1970s, when the export of hydrocarbons was banned by the 1975 Energy Policy and Conservation Act signed by President Gerald Ford, in what was to an extent ...
By Brian E. Frydenborg, February 26th, 2015 (updated February 27th-28th)
Originally published on LinkedIn Pulse here
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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...
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 ...
Regular attacks by the Islamic State movement on civilians and other business interests have so far failed to scare off Russian oil companies from Iraq. Despite numerous risks, these businesses appear prepared to continue pumping Iraqi hydrocarbon reserves, only proving that their degree of safety is sufficiently solid, even amidst this time of Iraqi troubles.
Keeping Abreast
...
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 ...