... thing, depending on the stance one takes. Ruehl argued that the choice to avoid “scenarios”, as common with industry standard reports like IEA World Outlook, is based on the fact that the supermajor wanted to offer a pure, clean and direct forecast. If any reader hopes to avoid analytical jargon of various highly divergent scenarios then this is an ideal report offering a guide into the future granting that one believes the BP analysts, but others may cast it as too limited with BP’s ...
... evolutionary (e.g. better engines/tires) in contrast to radical revolutionary changes (e.g. new sources of fuel) as technology is near its peak and it will now slowly tidy up the small margins for a total consumption reduction of 30% by 2025. Overall, LUKoil forecast that BRENT oil prices in US/bbl will incur a steady rise until 2025. Only exception is a possible dip in the next year or two as we recover from the global economic meltdown. By 2025 prices could hit in the region of $140 and importantly remain ...
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 leaning The New Times (2013) article: “Shale Klondike” (March Edition, 2nd Week, №8, 277) – which I heard about from...
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...