Search: Oil (61 material)

 

Iran’s Oil Sector under Renewed Sanctions: Adopting to the New Reality

After US decision to withdraw from JCPOA and to reintroduce sanctions, Iran’s oil sector feels more pressure and uncertainty Almost four years ago, after years of difficult negotiations, the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), was signed. Many viewed it as a diplomatic triumph, which ...

08.07.2019

Russia Wants to Modernize — Not Militarize — the Arctic

... only real military presence here is in Arkhangelsk and Murmansk. These ports are Russia’s only access point to the world’s ocean. Strategically, there are no other viable options. Developing the Arctic economically through new shipping routes or oil and gas projects is made all the more difficult by the harsh climate, the poor existing infrastructure and the Arctic’s vast expanses. Today, there is no success story that Russia might use as a template to follow. Time and money are the only answers ...

29.01.2019

Sanctions Activity of the US and the EU in Regard to Russia: Consequences for Arctic Projects

... sanctions pressure on Russia. In 2014, the US and the European Union (EU) introduced restrictive measures against the Russian Federation, which are actively associated with a notion of sanctions in the foreign doctrine [ 1 ]. Ivan Panichkin: Arctic Oil and Gas Resource Development: Current Situation and Prospects? However, it should be noted that the prevailing point of view in the Russian legal doctrine is that the notions of sanctions and unilateral restrictive measures should not be confused....

15.10.2018

What Future for the Middle East?

... momentum, and ISIS’ defeat is getting closer. However, Middle Eastern problems remain massive. Among them we have selected three main issues, which are also interconnected: the hostility between Saudi Arabia and Iran, Sunni and Shia; the stabilisation of oil prices, which are now rising but remain — as always — difficult to predict; the presence of terrorism, which, despite ISIS’ decline, is still a problem well beyond the region. Starting with the geopolitics, there clearly are two main contenders....

23.01.2018

Analysis: The King's Visit to Moscow is a Major Turning Point in Middle-East Politics

... the reasons Saudi Arabia did not join the Astana initiative is that Iran is a founder. The Saudis does not fear a Russian influence in Syria, but they rather fear an Iranian one. Plus, Russians and Saudis have a lot to discuss and cooperate such as Oil and Gas markets, they have to deal openly at some point. It is in none favour to go into a confrontation in Syria or the Middle-East. As a result, the Saudis had started to view the Russian role in the Middle-East as stability guaranteer. The Saudis ...

06.11.2017

Why Russia Must Pressure Libya to Reduce its Oil Production

On July 23, 2017, Russia’s Energy Minister Alexander Novak told the Financial Times that Libya should join the oil supply production cut agreement brokered by Moscow and OPEC last December. Russia’s decision to target Libya, alongside Nigeria and US shale gas, surprised some observers, as Moscow retains tight links to military chieftain Khalifa Haftar, who holds ...

07.08.2017

Viktor Katona's Lecture “Not only Oil: The Hydrocarbon Market in the Era of Change”

V. Katona discussed the hydrocarbon market, which stands among the most important topics of contemporary economic discourse, with a focus on Russia’s position and development. On June 26, 2017 Viktor Katona , Oil Supply Specialist at the largest Hungarian oil and gas company MOL Group and Russian International Affairs Council (RIAC) expert, held a lecture titled “Not Only Oil: The Hydrocarbon Market in the Era of Change” at the Library on Argunovskaya....

30.06.2017

Will the Pearl Reveal Itself: What is in Store for the Iranian Oil & Gas Industry?

... and freedom? What do international investors, including Russian companies, make of Iran’s energy prospects? Did Iran fulfill its promises? Reuters Most of the promises the Iranians were making in the run-up to the sanctions being lifted dealt with oil production and exports. In July 2015 – right before the JCPOA was signed – Iran produced around 2,85 million barrels/day (mbd). At that time, local companies and the government claimed they could increase production up to 4 mbd in three months ...

03.05.2017

Sanctions vs. Cheap Oil: What is More Dreadful for Russia’s Fuel & Energy Complex?

The new sanctions might become a significant problem for Russia’s energy projects New sanctions will be most severe in terms of the Russian economy and its oil and gas sector in particular. Russia-U.S. relations remain one of the key foreign policy issues. Events in Ukraine and Syria draw the attention of the international community from time to time, but they tend to be perceived as factors that impact ...

26.04.2017

The Phoenix: Prospects of Egypt’s Oil and Gas Sector

In less than two years, the hydrocarbon sector of Egypt passed two symbolic milestones. In 2014, the used-to-be-gas-exporter first became a net importer of natural gas. At that time, there was little prospect for Egypt’s oil & gas exporting potential. However, the discovery of the supergiant gas field Zohr in August 2015 and the events that followed reversed the situation, reviving hope for Egypt to win back its role of gas exporter. Who will take part in developing the ...

13.02.2017
 

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