... recall these are Iran’s Revolution (1979), Libya (1970), Iraq (1990) and Russia (1991). The disintegration of USSR and Russian instability for instance was really substantial as it wiped of 4 million barrels of oil production from the global market ... ... major player and will players like Iraq ever make it back?
The Old King Is Dead (Oil), Hail the New Kings (Oil, Coal and Gas):
BP as expected forecasts a continued central role for fossil fuels, which will primarily go towards the budding market of electricity generation; ...
... than other fossil fuels) was quickly appraised. In fact, gas consumption will grow faster than oil utilization in the coming decade at an average annual consumption growth of 2.2%, with much of this growth being driven by China. LUKoil sees that for Russia this is not good news as it is yet to complete any big gas deals with China, while its traditional European market is forecasted to persist in being difficult. Although European production will actually decline and imported gas will increase, the competition is expected to heat up a lot after 2015 as more potential suppliers enter the market (e.g. Qatar). By 2020 the ...
Alongside my typical journalistic duties at ‘Oil & Gas Eurasia Magazine’, I tend to daily scan both Russian and Western media outlets, news stands, twitter profiles, oil companies press releases and alike - for major news, interesting articles and possible leads within the energy industry. Today, I want to share with you some of the findings in a liberal ...
During the process of preparing and researching for my dissertation «The Role of Eastern Energy Strategy in the Russian Foreign Policy: Opportunities and Threats» at the HSE, I was introduced to this insightful publication «Energy Outlook Until 2035». Today I wish to share its findings and conclusions with anyone who is interested in the oil and gas industry. Before commencing, I just want to give all the appropriate credits and the report link. Please Feel Free to Comment to Discuss!
The report is a co-effort by the Energy Research Institute of the Russian Academy of Sciences and the Russian ...