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The Week in Review (October 05 – 09)
The Monitoring Team: Lina Nagell, Fatma Babayeva Due to speculation that demand is picking up, oil surged to above $50 a barrel in NY. OPEC Secretary-General Abdalla Salem El-Badri stated that demand would increase by 1.5 million barrels a day this year, more than previously projected, amid cheaper fuel prices. El-Badri continued to talk up…
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International Summit at EUSP: Report
Russia in Changing Global Markets: New Challenges and Opportunities International Summit Saint Petersburg, Russia, 2-3 October 2015 By Irina Mironova and Michael Roh On October 2-3, the International Energy Center at the European University at Saint Petersburg held an International Summit “Russia in Changing Global Markets: New Challenges and Opportunities”. Representatives of international energy expert…
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Energy News Blog
Russia’s Interests in Latin America – Irina Mironova South and Latin America is a region rich with oil and gas resources, with its 19% of world’s proved oil reserves (figure 1). This region is yet to play a role in international oil and gas trade: if in case of natural gas, the share of Central…
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Energy News Blog
The Arctic Race – Michael Roh The Arctic region bears strategic importance both as home to new transport routes and new exploration and production area. There are unending debates about the ecological dimension of these developments; however, what caught my eye in the recent news is that some countries are more proactive than another in…
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Renewables in India: A Work in Progress
by Julie Jojo Nielen As a nation of more than 1,2 billion people, the tenth economy of the world and one of the most rapidly developing countries globally, India is becoming an increasingly important player in terms of energy. The urgency of India’s energy needs is not only underlined by its rapid economic growth and…
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