“We are starting to live in a world where getting more oil involves more energy, more effort and more expensive.” – Tad Patzek, President of the Department of Petroleum and Geosystems at the University of Texas. You can’t get blood … Continue reading The Shale Oil Threat
It is well known that the Russian economy is heavily dependent on its hydrocarbon industry, as shown from many economic indicators so deeply bonded to oil prices. As a result, the fall in the price of crude since late 2014 … Continue reading OIL PRICES: HOW MUCH CAN WE RELY ON RUSSIA?
Between 26th and 28th September the XV International Energy Forum in Algeria took place. On the sidelines of this event, the 14 OPEC members, along with Russia, held an informal meeting to discuss the possibilities of reducing the current oversupply … Continue reading OPEC agreement. Is it sufficient?
*Reminder: [French version at the end / Version française vers la fin de la page] This year crude oil markets are going through a turbulent process. Nobody seems to be willing to reduce their market share, no matter how low prices … Continue reading ARAMCO – The awakening of a “sleeping giant”
The Saudi transition to the Post-Oil era: Saudi Vision 2030 If the breakaway from oil is really started, as many have being predicting for years, it seems Saudi Arabia, does not want to be caught unprepared. The Saudi kingdom, always … Continue reading The Saudi transition to the Post-Oil era: Saudi Vision 2030