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...
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 an entire array of stakeholders and entices individuals towards corruption beyond all forms of humanity just so they attain a small nugget of this black gold. A successful...
The 3rd International Conference coincided with a fairly damp economic climate and unstable political atmosphere across many energy exporting states, thus in all building up naturally not overly optimistic mood. However, in respect to the Russia situation it was far from bleak ...