ENERPO JOURNAL

European University at St. Petersburg

  • Week in Review – March 29 – April 4
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    Week in Review – March 29 – April 4

    Photo by Jerry Mathes II Monitoring Team – John Collins, Bogdan Polishchuk Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era In the preparation for the ‘post-oil era’, Saudi Arabia is planning steps to diversify the economy. One of such steps is the IPO and resulting sale of up to 5% in Aramco field by…

  • Energy Security of South Korea: All comes down to relations with DPRK?
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    Energy Security of South Korea: All comes down to relations with DPRK?

    by Soojeon Shin South Korea is the ninth-largest energy consumer based on 2014 data by EIA. The energy consumption has continued to increase in line with economic growth. It relies heavily on imports to meet 97% of its total primary energy consumption as a result of insufficient domestic resources. As it does not have yet international…

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    Retired Oil and Gas Platforms Transform Into Marine Sanctuaries

    by Glenda Pavon-Suriel What happens to an offshore oil rig when it retires? A few years before an offshore oil well is no longer producing oil the decommissioning process begins. This involves sealing and plugging the well with cement. The process can cost oil companies several million dollars, about as much as it cost to construct…

  • Week in Review – March 21 – 28
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    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…

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    Traditional gas markets are changing in the Baltics

    by Aaron Wood The Baltic States traditionally have relied solely on Russian gas, as circumstances of both geography and history have prevented them from finding other sources. However, low gas prices following the North American shale boom have made the relatively fungible and versatile LNG more available to nations in need of options. In the…

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    The Week in Review (March 13 – 20)

    The Monitoring Team: Aaron Wood, Pierre Jouvellier Rocket Strike. Gas infrastructure out of commission in Algeria. Algerian Gas Infrastructure Suffers Rocket Strike A Statoil and Sonatrach joint venture in Algeria suffered an as of yet unidentified rocket strike. In Sallah suffered damage to its central processing system on March 18th, although luckily no staff have…

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    The Acceleration of American Energy Exports: Implications for Russia

    As the U.S. started exporting oil and gas to Europe in late February, 40 years after the oil embargo imposed by the Congress, American oil and gas on the European market may have grave implications for Russia.

  • Mozambique: The New African Player in International Gas Market
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    Mozambique: The New African Player in International Gas Market

    by Pierre Jouvellier The changing structure of national energy mixes in several countries is currently giving new opportunities for natural gas exporters. For instance, with the declining oil price and the rise of environmental concerns, governments and nations are more attracted by natural gas instead of coal for power generation. Although coal and petroleum coke…

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    Blog Post – Sergei Komlev of Gazprom Export Gives Presentation at EUSP

    by Henrik Vorloeper Oil and gas like apples and pears On 2nd March 2016 ENERPO students of the European University at Saint Petersburg listened carefully, when Sergei Komlev, Head of Contract Structuring and Price Formation Directorate, Gazprom Export explained Gazprom’s problem in finding the right price for its gas on the markets, especially in Europe. These…

  • ENERPO Workshop Series: Maxim Titov on Russia’s Position at COP21
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    ENERPO Workshop Series: Maxim Titov on Russia’s Position at COP21

    By Michael Roh ENERPO welcomed back Maxim Titov, of the Energy Efficiency Finance Program of the International Finance Corporation of the World Bank Group, for a three-day workshop on Russia’s position in COP21, or the 21st yearly session of the Conference of the Parties to the 1992 United Nations Framework Convention on Climate Change (UNFCCC),…

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