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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 ...
If we agree that diamonds, malachite and tantalite are a curse for D.R. Congo, then oil must be the penultimate stained Holy Grail of the entire world. It aids Middle Eastern dictators in their bids to be the last man on their thrones, causes thirsty states to indulge in most sinful actions, pushes profit-driven corporations to exploit ...
... applied. In this post issues like energy weaponry (enormous logical fallacy in my opinion), market reforms, looming contract litigation, energy security, shale revolution and domestic challenges will be discussed. In this post I am joined by the Head of Oil and Gas at the Energy Research Institute of the Russian Academy of Sciences, Dr. Tatiana Mitrova. This is the first of two posts from this special series, so keep tuned, please feel free to comment and enjoy! Personal Note: My regular readers ...
... years Europe has lingered around recession with little light at the end of the tunnel. Is someone, or something, responsible for this crisis? Perhaps, is it a virtue of the capitalist system, its agents, or other factors? The continuous eurozone turmoil provides a microcosm for the wider global economy. It has variously been described as a financial or a fiscal crisis, caused either by an over-leveraged banking system or by unsustainable budget deficits and sovereign debt. But perhaps with the exception ...
... 'how good was my sandwich', but rather form it into a serious research and database tool. I also realised that I could share further, thus I am introducing my 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 feel free to leave a comment below! March's Top News: - Xi Jinping... From Russia With Love: Xi Jinping visit to Russia was highly symbolic, as is the ...
... intensity has fallen globally (even China and Russia has improved) due to technological innovation within efficiency, nonetheless it is unlikely to fall further as the opportunity cost for the next stage of efficiency is too high. Lastly, in regards to developing economies the demand is expected to boom, with 85% of the global growth in oil and gas expected from them. Numerically, with Asia adding most of the growth (i.e. China), demand is expected to grow from 400bcm to around 1200bcm by 2035, in contrast to the almost non-existent growth in Europe or the developed world. - Developing ...
... least not ignore its own internal market as various challenges await. Krutikhin, M. (Partner, RusEnergy): The Price is Right? As stated by M. Krutikhin, in the foreseeable future the energy sector will experience price turbulence. In regards to oil, official forecasts estimate that global output will stabilize as demand increases; hence prices will rise as basic economics dictate. A further issue is reliable suppliers. For instance the EU has been aiming to agree 10 year long contracts with ...
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
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| U.S. wants to deter Russia’s military and political activity |
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| U.S. wants to dissolve Russia |
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| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
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