... ribbons for their dusty bicycles, on the other side, people are busily exchanging their iconic means of transportation for new cars. 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 exploration and production ...
... contrast to the economically and politically stagnating West. However, for Russia, this re-emergence plays an exceptional role which stirs much uncertainty and 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 not tremble, Russia fears that at the least Eurasia will shake. As promised, this is the second post in this special series and once again I am joined by the Head of Oil ...
... friendly for shale production in the West, but Europe is currently concerned about water pollution and other side-effects of fracking. On 1 April and 27 May 2011 two earthquakes with magnitudes 2.3 and 1.5 were felt in the Blackpool area, UK; these earthquakes ... ... without innovation in business there is only decline.
Global Impact of Shale - Winners & Losers:
Aside from traditional energy suppliers, the world should benefit as in 2015 the first LNG terminal will be built in the US on the Pacific coast to export ...
The 3rd International Conference coincided with a fairly damp economic climate and unstable political atmosphere across many energy exporting states, thus in all building up naturally not overly optimistic mood. However, in respect to the Russia situation it was far from bleak as instability was actually playing into its favour. Iran’s expulsion from the global political ...
