Tag Archives: Oil and Natural Gas Markets

Week in Review October 10 – October 16

Kelsey Zimmerman, Daniel Tsvetanov, Alberto Perego, Elisabeth Nguebana, Glenda Pavon, Bogdan Polishchuk, Alexander Geysman Turkish Stream to Move Ahead During his official visit to Turkey, Russia’s President Vladimir Putin announced a revival of the Turkish Stream pipeline project. The new pipeline would run under the Black Sea to Turkey before continuing onwards to Greece. Thus, […]

OPEC Deal: Riyadh and Tehran Reached a Pact on Reducing Crude Oil Production

Two major players in the OPEC feud over production cuts have finally come to an accord. ENERPO student Sophie Nguebana reports on the implications going forward.

Week in Review October 3 – 9

by Alexander Geysman, Irina Mironova, Sophie Nguebana, Glenda Pavon, Alberto Perego, Bogdan Polishchuk, Daniel Tsvetanov Secret Reserves? China increases strategic reserve during price glut Geospatial analytics startup company Orbital Insight Inc. based in Palo Alto, California, announced that China may have more oil reserves than it has declared. Information is based on satellite images of […]

Iran and its new Petroleum Contract (IPC): a New Paper Drill

By Alberto Perego Iran has the largest gas reserves in the world, and the 4th largest oil reserves. Its current oil production capacity is around 3.6 million barrels a day, and it is no secret that, with the sanctions lifted, Iran plans to increase production up to 5 million barrels a day. This is not […]

Week in Review Sept 26 – October 2

by Alexander Geysman, Irina Mironova, Sophie Nguebana, Patrick Osborne, Glenda Pavon, Alberto Perego, Bogdan Polishchuk, Daniel Tsvetanov, Kelsey Zimmerman OPEC Deal: Riyadh and Tehran Reached a Pact on Reducing Crude Oil Production As producing countries gathered in Algiers for talks on September 28, Riyadh and Tehran reached a pact on reducing crude oil production. The exact […]

What is Wrong with Russian Gas?

By Glenda Pavon-Suriel Photo by Jerry D. Mathes II In the September, 2015 Foreign Affairs article “Europe’s Low Energy: The Promise and Perils of the Energy Union”, Petr Polak argues that the primary aim of the European Commission’s Energy Union is to ensure European gas supplies while avoiding supplies by the Russian gas exporter Gazprom. […]

Getting Into the Swing: U.S. and Saudi Arabia as Swing Producers

By Lina Nagell Photo: Jerry D. Mathes II Saudi Arabia has functioned as a global swing producer in the oil market since the 1970s, before abandoning its role in 2014. Amongst changing market conditions, some observers still latch on to the idea of a global swing producer. While some believe in the resurrection of the […]

The Nord Stream Conspiracy: Europe’s Uncritical Condemnation of Gazprom’s Export Strategy

By John Collins Within the context of the deteriorating relationship between Russia and the West, the unceasing debate over the malfeasance of Gazprom business practices rages on. And forgive the author if the tenor of this op-ed is bombastic, vitriolic, and argumentative, but that is exactly the tone taken by European commentators as they ridicule […]

After Doha: What’s Next?

by Zachary Waller Photo: Jerry Mathes II Russian Energy Minister Alexander Novak got some attention in February when he said Russia was prepared to join the Organization of the Petroleum Exporting Countries (OPEC) in a Saudi-proposed deal to cut oil production five percent. Those remarks proved to be relatively foresightful, as Russia, Saudi Arabia, Qatar, and […]

The Week in Review (April 18-25)

The Monitoring Team: Glenda Pavon and Zachary Waller Photo: Jerry Mathes II Doha Creates Some Gains Oil producers saw prices soar leading up to last week’s failed production freeze talks in Doha.  Since the news came out that Russia and Saudi Arabia were considering a freeze, prices rose about 29%. Brent went up by about […]