Conspiracy, the laws of the market, and the oil weapon
Will oil prices be able to recover after the collapse of recent months? This question will be answered by a session of the Organisation of the Petroleum Exporting Countries (OPEC) on 27 November 2014 in Vienna. Oil ministers from 12 countries ...
... that seemingly binds together these two otherwise unconnected threats. According to Jonathan Freedland, "[IS] feeds Ebola, and Ebola feeds [IS] — and our fear feeds them both."
The fight against IS has combined into one its military, oil, economic and financial components. It has already become a familiar argument that airstrikes alone cannot defeat these fanatic hangmen. And as they are suffering heavy losses, if they mix among the local population, most of the casualties of the ...
... 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 ...
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Due to the mass protests that began in Syria in March 2011, and escalated into civil war, the country no longer occupies the position of a regional transportation center. This has a negative impact on trade in the region and the development of the oil and gas sector. Nevertheless, even after the military conflict started, Syria has attempted to reinforce its importance as a transport hub of energy resources.
Syria and the Development of a Regional Transport System
Occupying a central position in ...
... Arctic Offshore Exploration: An International Perspective.
This lecture is, if anything, practical in nature as I will be using case studies to demonstrate the tools and prospects for international cooperation in Arctic shelf development.
Outline of the oil and gas resource potential
To begin with, I would like to give you a broad outline of the oil and gas resource potential of the Barents and Kara seas. Over the past 30 years, dozens of gas, gas condensate and oil fields have been discovered on the ...
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 ...
... particular strategic value since independence, connected by pipelines to Western markets that do not pass through the territory controlled by the Russians, and would be an important channel of access for advanced economies and energy consumers to the oil-rich Central Asian republics”
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.The US has strong economic, political and strategic interests in Azerbaijan, because of its energy resources and geostrategic position,which puts it right in the neighbourhood of two important Eurasian players,...
... Asia making it the most dynamically developing and high potential energy market in the world. There are growing energy demands involving new non-traditional categories of stocks. As estimated, Asia Pacific region will provide most of the increase in oil and natural gas demand in the world in the period up to 2030. This shift in growth away from the West makes producers look further to conquer Asian markets.
Although most of gas and oil reserves are situated in the Asian part of Russia most energy ...
... 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....
... 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 ...