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 ... ..., whereby rapid improvements in energy efficiency have set precedent for a much more sluggish demand.
Resurgence of the USA – No Longer a One Way Ticket:
USA is anticipated to produce 101% of its energy needs by 2035, up from a low 69% in ...
..., as certain waters cannot be crossed alone. As customary Casing Point will take an energy based angle and to assist analysis will draw from the recent conference hosted... ... depend on willingness of engagement. As a number of speakers said it will be vital for USA to finally ratify the overdue UNCLOS (laws of maritime trade), as it does not fall... ....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...
.... As this shift is occurring, under the breeze of economic prosperity across Asia, South America and even Africa, the global energy balance is tipping, particularly as the new economic frontiers are moving at unprecedented pace. LUKoil's 2025 report focuses on these shifts with regards to demographics, motorization, OPEC policy and rapid changes in ... ... report was published, down to 5.5%; see link). In the largest biofuels producer the situation is far from merry, as strategically USA aimed to limit its reliance on Middle East via alternative energy, but shale has altered the game so much that it no longer ...
... mistrust, as once this giant wipes of the rheum around its eyes and springs back full of energy, its only natural room to manoeuvre seems northwards. Even if the world does... ... 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... ... long history of flip-flopping between sides (e.g. China's Détente with USA, Russia's Détente with USA etc).
Power Triangle - Sino-Russian...
... accessible raising the question: where to go? Aside, long-term diversification from energy export dependence, Russia has a relatively shorter-term option: to expand into... ... following link for the Energy Policy journal article on which this post builds upon: "Oil & Natural Gas in Russia's Eastern Energy Strategy: Dream or Reality. Also... ... where the last delegate to DPRK is not Denis Rodman and it does not want to destroy USA, both South and North could cooperate in all fields, including energy matters.
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... First RIAC Monthly Digest. My aim here is to recap, analyse, and offer links to top: Oil&Gas News, Pictures & Videos, from experts and institutions I follow. Also, please... ... to Russia was highly symbolic, as is the case with first foreign visits (See: NTS). Energy was at the forefront of the visit with two different outcomes for the oil and... ... Russia's Chinese neighbour could be a threat, while also calling for the final end of USA's hegemony (See: SCMP). Albeit, it is hard to see China not taking the lead...
Alongside my typical journalistic duties at ‘Oil & Gas Eurasia Magazine’, I tend to daily scan both Russian ... ... major news, interesting articles and possible leads within the energy industry. Today, I want to share with you some of the findings ... ... – lets make these blogs interactive!
Shale Gas History (USA):
The New Times – a Russian weekly – reports ... ... Times article, will not make a substantial contribution to the shale gas revolution in the immediate future. Although they have ...
... it a premium market for all exporters.
- Shale Gas Revolution:
The US ‘shale gas revolution’ has made this previously substantial net-importer of gas... ... self-sustainable entity, with a net-equal position between its imports and exports. USA even had to convert its now useless LNG terminals (which it first built at a massive... ... terminals being inflexible. Reason behind the original revolution was the high prices for oil and gas in 2007-2008, which is incredible as in a way the conventional energy lobby, somewhat, shot themselves in the foot. Currently, oil shale in its 2 years...
... economic climate and unstable political atmosphere across many energy exporting states, thus in all building up naturally not ... ... energy sector will experience price turbulence. In regards to oil, official forecasts estimate that global output will stabilize ... ... society.
Revenkov, V. (Oil & Gas Institute of Energy & Finances): Shale Gas Revolution
In the world of energy trade which may ... ... last decade. The decision must be well calculated, yet quick, as USA has almost achieved independence from energy imports due to ...
