... region differently. Russia does not consider it important in terms of its energy security policy. The South Caucasus’s share of Russia’s exports is extremely small and Russia does not use this regional infrastructural system to deliver its oil and gas to European consumers.
Common Energy policy of the Eurasian Economic Union
AP /EPA / Maxim Shipenkov
Ivan Timofeev, Elena Alekseenkova:
Eurasia in Russian Foreign Policy: Interests,
Opportunities and Constraints
The EEU has barely begun elaborating ...
In 1994, when Azerbaijan struck the ‘Contract of the Century’, it seemed that the republic’s future was defined for many years to come. The infamous oil contract has had a tremendous effect on Azerbaijan’s role and presence in the world energy network: an estimated 233 billion barrels worth of oil made Azerbaijan a new Saudi Arabia at the crossroads of Europe and Asia, and an energy corridor everybody ...
1. Introduction
Oil prices have declined significantly since the middle of 2014, causing significant concern among major oil exporters, among the Russia and the countries of the Gulf Cooperation Council (GCC; Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE). ...
Only a few believed that the meeting of oil producers held in Doha on April 17, 2016 would be so futile. It was largely due to the unyielding stance of Saudi Arabia that the participating countries failed to reach an agreement and left without any prospects of holding another round of talks....
The tentative agreement among oil exporting countries to freeze oil production rekindled the practically extinguished hopes for a turn of the bearish trend and an increase in the price of black gold.
The next meeting
to discuss the issue is to take place between March 20 and April ...
Going South?
While Russia and the Middle East have remained champions in gas and oil production for decades, the USA is looking for new greenfield projects and partnerships with countries not facing existing political constraints: it is the African market that lies within closer geographical proximity to American consumers what makes ...
The fall in oil prices that has transpired in several stages during 2014–2015 has resulted in the emergence of a great number of analysts and experts in the energy sector, who, seeking to gain a foothold in the lists of the most daring forecasters, preached ...
Developing Offshore Oil and Gas Resources in the Russian Arctic Shelf: Now and Tomorrow
Developing Offshore Oil and Gas Resources in the Russian Arctic Shelf: Now and Tomorrow
The Soviet Union started actively developing its Arctic shelf in the early 1980s. The most promising ...
Top Five Factors Affecting Oil Prices
The situation on the oil market is a cause for concern – members are worried, and increasingly asking questions: prices continue to fall and there seem to be no signs of trend reversal in the offing. Nor is there any consensus among ...
... Alaska boasts the world’s largest zinc reserves, producing 5 percent of the global output and 79 percent of the total U.S. output. That mine also
produces
3 percent of global and 33 percent of American lead.
Alaska is also America's second largest oil producer, at 20 percent of the total extracted volume. And more huge oil and gas-bearing formations have been discovered in northern areas. Prudhoe Bay is the largest traditional continental field, which accounts for
8 percent
of the national oil ...
