... unrest, and the current outright hostile stance of Western countries towards the Russian Federation, might still suggest that there could be some truth to this view.
The Pin Attack
The other theory states that Saudi Arabia is moving not against Russia, but against American shale oil and gas, which the Arab country would see as an undesirable market competitor, especially once the shale fuels will be ready to be exported consistently from the United States, if ever. Indeed, there are some elements that support this conclusion....
....ru/2006/70/5/150382.html
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. Zaki Yamani: The USA does not (yet) need low oil prices. Interview by Elena Suponina with former Saudi Oil Minister Zaki Yamani, 10.06.2003, published in
Vremya Novostei
. //
http://www.vremya.ru/2003/104/5/72569.html
13
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Russian Oil
analytical magazine. Statistics, 05.11.2014
http://neftrossii.ru/statistics
//
http://neftrossii.ru/content/za-10-mesyacev-2014-goda-obyom-dobychi-nefti-i-gazovogo-kondensata-v-rf-vyros-na-07
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. Nikolai Baybakov: The creation of OPEC did not worry ...
... in Komsomolskaya Pravda on the fact that oil prices have dropped by a quarter in four months, Evgeniyi Chernykh writes as though, after Russian President Vladimir Putin’s speech on March 18, US President Barak Obama started an undeclared "oil war" against Russia: "Since the end of March, production and export of ultra-cheap Iraqi oil suddenly increased. … Since May, in addition to Iraqi oil, the market has been awash with Saudi oil."
Elena Larina — author of "21st Century Cyber ...
... this summary to 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 ...
... Strategy
On June 21, 2013, at the St. Petersburg Economic Forum, Rosneft signed a new 25-year contract with China National Petroleum Corporation (CNPC) to supply 365 million tons of oil. Supply is expected to peak after 2018, when the annual supply of Russian oil to China could reach 30–31 million tons per year
[3]
.
China’s surge in consumption is also keeping gas prices supported despite a rise in North American shale output and a weak economy in the West. Natural gas supply to China is a major ...
... false. As the average age of drilling platforms is just 25 years, in contrast Shell’s fleet in Alaska is almost averaging 40. Also, rigs are not as monopolised as some think: 40% of platforms are operated by Rosneft, 34.7% by Gazprom, 8.3% by LUKoil and remaining 17% by the other Russian majors.
In all, whether the Arctic market proves successful remains to be seen, as a lot depends on other parts of the world which will ultimately determine the end price of fossil fuels that production could be pegged to. At the moment Canada ...
... technologies and money and we look for those who do have them. And since we have a pretty difficult investment climate in this area, we compensate by a more liberal environmental regime. It is in Russia’s interest to develop the Arctic because the oil production elsewhere in Russia is on the decline. Many old fields are largely depleted. So the hope is that Arctic resources would compensate for this development. But the risks remain high. Andrey Zagorsky, director of IMEMO’s Department of Disarmament and Conflict Resolution....
... circumvented. Still, when Li & Cheng wrote their work, trade with Russia was slow, but recently non-equity investments have occurred. So, if China continues to alter its pose it may well engage Russia as it is the most appealing long-term supplier. Russia holds huge oil/gas reserves, which are geographically close as it takes just 3-5 days for East Siberian oil to flow to China, in contrast to two/three weeks from the Middle East (Voice of Russia, 2012), and also as an added bonus US or NATO cannot defy Russian and ...
... Russian home grown banks simply cannot provide the needed services (see my interview with Prof. Richard Sakwa). As typical for the world, first comes the financial system and then comes the oil trading floors, this is perhaps partially the reason why the Russian oil stock market has not took-off, as it only deals with small volumes and prices tend to be high.
In the first opening lines of this post it was mentioned that oil prices, or oil in general, can decide the fate of nations. In all fairness, Russia ...
... President, Vagit Alekperov, as he is an unquestionably a big figure in the oil game. He authors and edits many books 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 ...
