... explore the outlook in more detail, or browse through IMEMO RAN’s other events and online resources, please follow the links below:
- BP Energy Outlook 2035 Material
- BP Energy Outlook 2035 Factsheet
- BP Energy Outlook 2035 Russia
- Oil and Gas Dialogue (RUS)
BP’s Pure & Fresh Approach:
The most evident sign of BP carrying out a recalibration of its outlook lays on the fact that timeframes have been altered with now the base year of 2012 going up to 2035, rather than as in before ...
... energy resources could be transported to Europe, bypassing Russia and Iran and thus decreasing the regional and international influence of these two countries. Azerbaijan and Georgia are important to the US and Europe as transport countries of Caspian gas and oil. In the future, Azerbaijan may also be an important transit state, transporting landlocked Central Asian energy resources to Europe. On-going negotiations between Azerbaijan, Turkmenistan and European counterpartsmay result in relevant agreements ...
... 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 trade flows areWest ...
... confront its 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 ...
... metaphorically a 'Geopolitical Football Championship'. Though, in all fairness, it is hard to see it as a unified team. As it appears more like a political trophy for two major sides. On one side, the EU aims to win Ukraine to make sure its gas is supposedly more secured and to continue its enlargement policy for both rational and questionable reasons. On the other, Russia aims to make sure it achieves its goal of restoring 80% of the defunct USSR’s market for likewise a myriad of ...
... recall in 2005 CNOOC tried to buy USA’s Unocal, but it failed spectacularly, as liberal mottos proved not as free as they sounds. Yergin (2011: 204-205) described the attempt well by saying that it was like – throwing a lit match into a gas filled room on top of Capitol Hill, as it instantly flamed a debate over energy security. So to put it crudely China is not allowed to buy firms so that it can import high-end technologies to better its domestic production (even if a firm like Unocal ...
... Point’, my first few paragraphs will be a personal note and gratitude to those that assisted me in developing these ideas. In this post, I will be using some of the standpoints highlighted at this year’s IMEMO RAN event; the “Oil & Gas Dialogue” (26/04/13). As usual, I will offer additional links to expand our discussion. It is almost a cliché, but once again this topic is contested in academic literature, so I am sure we will not all agree on a same route, but even ...
... Ukrainians as pseudo-Europeans, who wish to join the European Union out of spite, that is to distance themselves further away from Russia. But this has not always been so.
In the 1990s and early 2000s, despite notable disagreements over Sevastopol and gas transfers, Ukraine had been receiving substantial political and economic support from Russia. Not only did Moscow provide president Leonid Kuchma with political advisers during elections, the Kremlin frequently made a number of economic concessions ...
... which is impressive considering that he steers such a large oil company. One of the more recent books Alekperov authored is the "Oil of Russia: Past, Present & Future" (Link to Full Book).
LUKoil Report Link: "Global trends in oil & gas markets to 2025"
Oil Prices are Up, Up, and Away!
From today till 2025, the globe is set for an average annual liquid hydrocarbon consumption growth of 1.2% and by LUKoil’s estimate it will reach 105 mb/d. Even though this is a substantial ...
... 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:
This ...
