This article was published by UN News on March 6, 2022. In a statement released by the IAEA, Director-General of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi said he had been informed by Ukrainian authorities that, [Read more]
This article was published by rfi.fr on March 9, 2022. By David Coffey with RFI Speaking at a conference in Paris this Wednesday, French Finance Minister Bruno Le Maire cautioned that current energy crisis was [Read more]
This article was published by Clean Energy Wire on March 9, 2022. By Benjamin Wehrmann The pivot away from Russian energy imports will require Germany to double down on its energy transition efforts and apply [Read more]
This article was published by Clean Energy Wire on March 9, 2022. By Sören AmelangKerstine AppunnBenjamin Wehrmann The war in Ukraine forces Germany to radically rethink its energy policy, given that the country is heavily [Read more]
This commentary was published by Radio Free Europe on March 5, 2022. By Todd Prince President Vladimir Putin’s decision to invade Ukraine is backfiring on Russia’s energy industry — the core of the country’s economy [Read more]
On Sunday, the board of UK-based bp announced that the energy giant will exit its shareholding in Rosneft. According to a press release issued by bp, the company has held a 19.75 per cent shareholding [Read more]
This opinion piece was posted by Wood Mackenzie on Feb. 28, 2022. By Ed Crooks As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy. [Read more]
This commentary is provided by Wood Mackenzie. LONDON/HOUSTON/SINGAPORE, 25 February 2022 –The impact of Russia’s invasion of Ukraine rattled global markets. There will be lasting implications for commodities, energy policy and the energy transition, experts [Read more]
This opinion piece was published by the International Energy Agency on Feb. 22, 2022. The IEA is monitoring with growing concern Russia’s recent statements and actions, and their potential implications for energy markets. The Agency [Read more]
By Bill Brown, Ari Kahan This article was published by the US Energy Information Administration on Aug. 20, 2019. US petroleum and natural gas production increased by 16 per cent and by 12 per cent, [Read more]
The troika, which is made up of the United States, Russia and Saudi Arabia, has been the driving force behind critical decisions concerning the oil market, pushing out OPEC. Troika production decisions determine if the [Read more]
According to TASS news agency, Russia and Saudi Arabia are in discussions to cut production next year to balance the oil market and stabilize prices. OPEC, allies’ goal to keep oil market close to balance [Read more]
In February, US crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the US surpassed Russia in crude oil production for the first [Read more]
On Wednesday, Reuters reported that OPEC and some non-cartel countries, including Russia, are looking to formalize their cooperation by a enacting a charter that will allow further joint action on production. Organization of Petroleum Exporting [Read more]
John Kemp argues that most of the changes in the power behind the oil market can be traced back for 20 years or more, though some of them have recently accelerated, such as the recent [Read more]
The real negotiations now take place between Riyadh and Moscow, behind closed doors and far away from OPEC headquarters in Vienna, reflecting their market calculations, and relationships with the United States. AFP/Getty Images photo by [Read more]
The Kremlin took a swing at US President Donald Trump’s assertion that Germany was a “captive” of Russia because it relies on Russia for some of its natural gas needs. NBC News photo. US LNG [Read more]
After US President Donald Trump complained about rising oil prices, Saudi Arabia and Russia are considering boosting Russian and OPEC output by about 1 million barrels per day. Anadarko photo. Russian, OPEC output curbed by [Read more]
Russian and Saudi natural gas production expanded significantly in 2017, at 8% and 6% year-on-year growth The United States remained the world’s top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record [Read more]
Out of Middle East countries, Turkey uses more coal powered electricity than most others Planned coal-fired capacity additions from a number of countries in and around the Middle East will add 41 gigawatts (GW) of [Read more]
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