International Conflict, Western World Threats and Geopolitical Intelligence
Russia’s use of companies such as OAO Gazprom, the world’s largest natural gas producer, to buy energy assets in Africa may thwart U.S. efforts to limit the role of oil and gas as political weapons wielded from Moscow.
Getty Images Russian Prime Minister Vladimir Putin (left) and Gazprom chief Alexei Miller visit the Sevmash shipyard in [...]
Output is tanking, but there’s fierce opposition to a plan that could reward Big Oil for helping find new reserves
Reform is urgent: Oil output in Mexico, the world’s No. 6 producer of crude, is plummeting. At the Cantarell field, the country’s main source of oil, production is declining 15% annually. Pemex pumped 2.85 million barrels [...]
Oil prices are soaring for three key reasons: the decline in the dollar, increase in demand from China, India and other countries, and finally decrease in supply due to underinvestment in oil fields and decrease in oil production.
The decrease in oil production from existing fields is primarily due to passing peak oil. As oil is [...]
The world’s premier energy monitor is preparing a sharp downward revision of its oil-supply forecast, a shift that reflects deepening pessimism over whether oil companies can keep abreast of booming demand.
The Paris-based International Energy Agency is in the middle of its first attempt to comprehensively assess the condition of the world’s top 400 oil fields. [...]
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