ENERPO JOURNAL

European University at St. Petersburg

Tag: Saudi Arabia

  • The Week in Review – April 04 – 10
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    The Week in Review – April 04 – 10

    Photo by Jerry Mathes II The Monitoring Team: Aaron Wood, Henrik Vorloeper Doha meeting turns out to be a farce already The high expectations set on the meeting between two major oil producing countries Saudi-Arabia and Russia to take place in April 2017 has already razed all hopes for those who have an interest in…

  • 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…

  • 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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    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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    News Blog – U.S. Shale Oil and Its Impact on Long Term Stability in the Oil Market

    ENERPO student Lina Nagell offers an assessment of the future of shale in the face of a glut in oil prices. Can shale serve as a force for stabilization in world oil markets?

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    News Blog -Saudi’s Relying on Currency Reserves

    Glenda Pavon-Suriel February 10, 2016 With oil prices at record lows, Saudi Arabia is wagering on different strategies in order to raise the revenue necessary to meet their obligations and maintain their position as the largest OPEC producer. Despite surpluses causing continued declines in oil prices, Saudi Arabia, the largest of the OPEC producers, shows…

  • Energy News Blog – Challenges Facing OPEC Members in Light of Lower Oil Prices

    by Lina Nagell  The Technical meeting between oil experts from OPEC members and 8 non-member oil producer states on Wednesday, 21st of October, did not reach an agreement to cut production. This comes as no surprise, taking into account that participants were in fact unable to agree on joint press releases at their two last…

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