Category Issue 2

TAP – An Economically Motivated Decision

by Max Hoyt On September 19th, representatives of the Shah Deniz consortium met with European buyers in the Azerbaijani capital, Baku, to sign long-term contracts for Azerbaijani natural gas. The gas purchase agreements, each signed for 25 years, mark the finalization of the Shah Deniz Consortium’s June 28th decision to support the Trans-Adriatic Pipeline (TAP) […]

What Lies Beneath: Development of Russian Tight Oil to Offset Production Decline

by Stephanie Bryant The Western Siberian Basin is the epicenter of Russian crude oil production, but more importantly, it is slated to be the setting of Russia’s very own shale oil and gas revolution. The Bazhenov formation is eighty times the size of the Bakken field and contains 75 billion barrels of tight oil, making […]

The Gas Export Potential For Mozambique

by Anthony Guida and Ryan McKinley The world-wide search for natural gas has led to new findings in some of the most underdeveloped areas on the globe. Twenty years ago, a relatively obscure Mozambique would be one of the last places you would expect investors stepping over one another to claim their stakes. Mozambique gained […]

Book Review: “Red Gas – Russia and the Origins of European Energy Dependence” by Per Hogselius

by Daniel Tappeiner “Will Europe come to depend on Russian natural gas?” asked the Oil and Gas Journal in the August 28, 1961 issue, when natural gas’ overall role as an energy source in Europe was still negligible. Today, as Russia has established itself as a major energy supplier, the debate about security of Europe’s gas […]

Workshop Review: Vladimir Drebentsov – BP Economist Crunches Today’s Numbers for Glimpse of Tomorrow’s Energy Scene

by Stephanie Bryant and Michael Camarda On October 7th, the European University at St. Petersburg welcomed Dr. Vladimir Drebentsov as part of the ENERPO program’s “Workshop Series.” Dr. Drebenstov’s 90 minute presentation was divided into four parts: 1) the current situation in energy markets; 2) a summary of BP’s 2030 outlook; 3) the Russian oil […]