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peak-oil

  The two crude oil pricing benchmarks around the world are the Brent price and the West Texas Intermediate or WTI price. The two benchmark oil trade in the futures market and attract tremendous hedging, investment, and speculative interest. Brent crude oil is the preferred

Views:2173
OPEC _

Oil prices got a modest lift last week on word OPEC may be upping the production cut ante, but gains were balanced by signs of Russian production growth.   A research from PVM (International oil brokers & consultants) suggests delegates at a May meeting of

Views:55833
lukoil

  In this article, we look at the implications for Bulgaria from Lukoil’s exit from the country’s and possibly EU’s market. While Bulgaria is definitely not Lukoil’s most important market in Europe, it bears significance, due to Lukoil’s almost complete monopoly in the oil fuels

This entry was posted in Bulgaria and tagged , , , , , , by A. Sorensen Henrik.

About A. Sorensen Henrik

Henrik A. Sorensen is a natural resources economist with more than four decades of professional experience. Mr. Sorensen has a BSc in Mechanical Engineering from the University of Gothenburg and MBA from McCombs School. In the first part of his career he has specialized in project finance of oil production, infrastructure, and downstream operations in the US, South-east Asia, Latin America, and later, the former Soviet Union. Since 2007 Mr. Sorensen specializes predominantly in research related to economics of natural resources.
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Two months after setting the ball rolling in Algiers and eight years after it last cut output, OPEC agreed this time in Vienna to resume its efforts to prop up oil prices. The group announced cuts of 1.166m barrels a day, effective from the beginning

Views:2161
opek

  As many commentators note, a 1,2 mbpd oil output cut as agreed by OPEC may not be enough to wipe off the surplus of oil at the global markets, let alone the concerns about the discipline of the cartel members in abiding to agreed

This entry was posted in The Region and tagged , , , by Vladimir Milov.

About Vladimir Milov

Vladimir Milov is a Russian opposition politician, publicist, economist & energy expert. Former Deputy Minister of Energy of Russia (2002), adviser to the Minister of Energy (2001-2002), and head of strategy department at the Federal Energy Commission, the natural monopoly regulator (1999-2001). Author of major energy reform concepts, including the concept of market restructuring and unbundling of Gazprom, which was banned from implementation by President Vladimir Putin. Founder and president of the Institute of Energy Policy, a leading independent Russian energy policy think tank (since 2003). Columnist of major Russian political and business editions, including Forbes Russia, frequent commentator on Russian political and economic affairs in major Western media outlets (The New York Times, The Financial Times, The Washington Post, The Economist, etc.). Since leaving Russian Government in 2002, Mr. Milov had became a vocal public critic of Vladimir Putin’s dirigiste and authoritarian course. Mr. Milov is also active in the Russian opposition politics, serving as Chairman of the Democratic Choice opposition party, and is also known as co-author of the critical public report on Vladimir Putin’s Presidential legacy called Putin. The Results, written together with Boris Nemtsov (several editions published since 2008).
Views:4309
russia-in-decline-alex-alexiev

The article first published in americanthinker.com on 02/11/2016. On October 20, The Jamestown Foundation held a workshop in Washington D.C. titled “Russia in Decline,” with the participation of a veritable Who’s Who of senior American experts on Russia. It was the concluding exercise of an extensive

Views:2828
oil_pump_bashneft_large

I have always thought that awareness is the foundation of good management practice. However, information in the form of news and analysis is not automatically converted into good findings and hence into good practical and optimal solutions. Unfortunately, in our country, what prevails is the

Views:1178
shale

  “Peak Oil.” For years, people ascribed to the theory that the United States and the world was quickly running out of oil. In the U.S., this idea was widely accepted becausfor decades, U.S. oil production had been declining, while natural gas production had essentially

Views:3075
saudi

  On August 8th, OPEC published a press release stating that H.E. Dr. Mohammed Bin Saleh Al-Sada, Qatar’s Minister of Energy and Industry and current OPEC president, had scheduled an informal meeting of OPEC member countries to take place on the sidelines of the 15th