Monthly Archives: October 2015

Energy News Blog – Russia and the New Geopolitics of Oil

By Irina Mironova, Aaron Wood (This text was written for Russia Direct) The changing structure of the global oil trade – which includes new roles for Russia and Saudi Arabia and the rise of non-state actors such as ISIS – has important implications for Russia’s energy industry. Russia’s top energy companies, already grappling with the […]

Energy News Blog – Challenges Facing OPEC Members in Light of Lower Oil Prices

by Lina Nagell  The Technical meeting between oil experts from OPEC members and 8 non-member oil producer states on Wednesday, 21st of October, did not reach an agreement to cut production. This comes as no surprise, taking into account that participants were in fact unable to agree on joint press releases at their two last […]

The Week in Review (October 12 – 17)

The Monitoring Team: Jason Corbin, Henrik Vorloeper ISIS is still making money out of oil sales The ISIS regime and its infrastructure has been a target of Western and now Russian airstrikes, but yet ISIS still produces about 34,000-40,000 barrels per day, sold for USD 20 to USD 40 per barrel, which brings the militants […]

Energy News Blog

Natural Gas Supply in Europe, A Case Study of Poland by Pierre Jouvellier In the ENERPO Newsletter from September 25, 2015, Lina Nagell and Henrik Vorloeper reported on the progress of the new LNG terminal in Poland: “The LNG terminal at Swinoujscie is likely to reach full capacity in 2018. Jan Chadam, head of state-owned Polskie LNG, […]

The Week in Review (October 05 – 09)

The Monitoring Team: Lina Nagell, Fatma Babayeva Due to speculation that demand is picking up, oil surged to above $50 a barrel in NY. OPEC Secretary-General Abdalla Salem El-Badri stated that demand would increase by 1.5 million barrels a day this year, more than previously projected, amid cheaper fuel prices. El-Badri continued to talk up […]

International Summit at EUSP: Report

Russia in Changing Global Markets: New Challenges and Opportunities International Summit Saint Petersburg, Russia, 2-3 October 2015   By Irina Mironova and Michael Roh On October 2-3, the International Energy Center at the European University at Saint Petersburg held an International Summit “Russia in Changing Global Markets: New Challenges and Opportunities”. Representatives of international energy expert […]

Energy News Blog

Russia’s Interests in Latin America – Irina Mironova South and Latin America is a region rich with oil and gas resources, with its 19% of world’s proved oil reserves (figure 1). This region is yet to play a role in international oil and gas trade: if in case of natural gas, the share of Central […]

Energy News Blog

The Arctic Race – Michael Roh The Arctic region bears strategic importance both as home to new transport routes and new exploration and production area. There are unending debates about the ecological dimension of these developments; however, what caught my eye in the recent news is that some countries are more proactive than another in […]

Energy News Blog

Turkish Stream versus Nordstream-2: What Is This Battle of Russia’s Pipelines About? – Fatma Babayeva Throughout the past year, we witnessed a number of changes in Russia’s priorities concerning its pipeline exports to Europe, and particularly in the context of transit-avoidance strategy. This strategy was developed in the mid-2000s as a reaction to Ukrainian transit […]

The Week in Review (September 14 – 21)

The Monitoring Team: Lina Nagell, Henrik Vorloeper   Gazprom on Top of the News in European Gas Markets Gazprom’s European export estimate (including Turkey) has increased to 158 bcm, compared to earlier predictions of 152-155 bcm made for this year. Exports totalled 159.4 in 2014. The price for the winter season is expected to be […]