Author Archives: energyaddict22

Seminar Report – Norway and Russia: the Polar Connection

by Patrick Osborne The seminar, “Russia and Norway: the Polar Connection” took place on September 14, 2016 at the Russian National Geographic Society in Saint Petersburg. ENERPO students and professors were able to take part in the Polar exhibition and seminar commemorating the 20th anniversary of the Arctic Council. Professor Nikita Lomagin, Academic Director of […]

Natural Gas in Israel’s Relations with Turkey and the EU

By Timothy Abraham In a region where energy resources can be found in masses, both Turkey and Israel have been mostly reliant on imports. For this reason, energy has never really played a major role in the relationship between these two countries. This might change after the discovery of major gas fields off the coast […]

Russia and Saudi Arabia Stabilizing the Oil Market: A Prisoner’s Dilemma?

by Daniel Tsvetanov During the G20 summit in Hangzhou, China, the Russian Energy Minister Alexander Novak and the Saudi Arabia Minister of Energy, Industry and Natural Resources Khalid bin Abdulaziz Al Falih signed a joint declaration for the stabilization of the oil market. Novak and Al Falih agreed on joint measures and steps, recognizing the […]

Week in Review September 12 – 18

Photo by Jerry Mathes III Patrick Osborne, Daniel Tsvetanov, Bogdan Polishchuk, Alexander Geysman, Timothy Abraham, Glenda Pavon Suriel ExxonMobil: Asset Valuation Reporting Standards In the oil and gas industry, many companies have gone through reductions in assets values over the past two years; this normally was accompanied by non-cash charges (expenses that reduce earnings but […]

Myanmar’s Energy Sector: An Overview

by Alissa Nicole Thompson Abstract Myanmar is straddling a new national development plan. Since the new civilian government took office in 2011, reforms were necessary after the changes resulting from the sanctions previously imposed on the country. Energy will undoubtedly play a role Myanmar’s growth, and the country is expected to receive significant amounts of […]

Brussels Attacks and Global Nuclear Security

by Jerry Byers The article was originally written for Russia Direct The recent bombings in Brussels and the subsequent discovery of information that ISIS militants may have been targeting Belgian nuclear facilities should be concerning. The threat of a nuclear disaster at the hands of terrorists is a global concern, and one that requires all of […]

The “Lottery Economics” of Shale – Why only smaller companies are successful in the Shale Revolution

By Henrik Vorloeper The revolution of shale has been a revolution from below. Not Chevron, ExxonMobil or Shell – major oil and gas companies who share the majority of the market and have overwhelmingly large financial assets, – were the leaders amongst the development of unconventional hydrocarbon extraction. Predominantly smaller and mid-sized independent companies, those […]

Week in Review – March 21 – 28

by Lina Nagell and Zachary Waller Photo by Jerry Mathes II New Exports for Russia, Low ruble entices import of Russian goods.  Deputy PM Says Russian Economy Adjusting to Low Oil Prices, Weak Ruble Will Help Stabilize It  Russian Deputy Prime Minister Arkady Dvorkovich said Wednesday that Russia’s economy is adjusting to low oil prices […]

The Week in Review (March 07 – 12)

The Monitoring Team: Michael Roh, Henrik Vorloeper    The European Union Commission Holds Talks with Gazprom on Anti-trust Case The meeting on March 9th between Gazprom’s deputy chief Medvedev and the European Competition Commissioner Verstegen allegedly turned out to be “mutually acceptable” for both parties in the antitrust case imposed by the European Union against […]

Cheap Oil May Spell Trouble for Canals

by Henrik Vorloeper One of the most interesting news stories this month was published on the website, “BBC Future”, and discusses the trading industry and its return to pre-industrial shipping routes and avoiding manmade waterways like the Suez and Panama Canals by detouring around continents. This new phenomenon was explored and analyzed by the Danish SeaIntel Maritime Analysis and […]