Search: Gas,OPEC (3 materials)

Is Oil-And-Gas Friendship Possible Between Russia and Saudi Arabia?

... exporting crude to Polish, Lithuanian and Czech refineries, while Russia, following the launch of the Eastern Siberia - Pacific Ocean (ESPO) pipeline, became a key oil supplier to China. Despite the ongoing calls for an output freeze, Saudi Arabia and its OPEC partners have been offering generous discounts to Asian and European customers, which pits them squarely against Russia on these markets . Investments and joint projects Oil-and-gas cooperation is also possible in the form of investments and technology exchange. Yet this format does not fit the bill in our case. Saudi Arabia and Russia have similar problems and seek similar solutions: the two countries both need oil dollars, ...


A Hazardous Game – The Strait of Malacca

... and China anxiously needs oil as the memory of early 2000s energy famish is still fresh. Basically, China cannot trade with OPEC smoothly as it does not give special treatment via some sort of guaranteed quotas and rivalry is fierce from traditional ... ... 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 ...


Who Governs Global Oil Prices?

... production of crude oil. Yet, we see prices trading at around $90-100 per barrel. If we compare this historically, the last time OPEC had such capacity; prices were at around $30 per barrel. As it seems, the golden era of stable prices for oil has long ended ... ... relatively recently let in another industry into the global casino with little gambling limits and about to invite its friend (gas). P.S. while writing this post I was considering doing a mirror post for oil's alternative, natural gas, ...


Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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