China has found major shale oil reserves in the north-western part of the country in the Tianjin municipality. The field is home to two wells
Tag: United States
Oil Market Update: The American Shale Revolution Continues Unabated
The United States’ crude production from the country’s biggest shale formation is bound to reach 84,000 barrels per day (bpd) next month to a record
Geopolitics of Energy: Iranian Crude Exports Put to Zero
All countries that were given waivers from the United States to continue buying Iranian crude are nevertheless complying with American sanctions, Tehran said and added
2018 Market Update: United States Rises to World’s No. 1 Oil Producer
The United States is producing oil at record levels – 10.88 million barrels per day – and the country will end this year as the
Expert Analysis: MENA Region’s Changing Role in the Global Energy Markets
The global energy landscape is experiencing deep transformation. Overall, the global energy demand continues to increase, albeit at varying rates at the regional level. Demand
Market Update: Oil Prices Headed Down Amidst Eight Iranian Sanctions Waivers
Oil prices declined on the news that the United States would grant some countries waivers on Iranian crude imports. Brent crude oil lost around 16
Resource Geopolitics: Fertilizer as a Source of EU-Russia Geopolitical Tensions
Fertilizer does not seem to be an obvious area of EU-Russia geopolitical tensions but with the Kremlin working towards increasing its sphere of influence all
Expert Analysis: The Power of China’s Energy Efficiency Policies
In just a few years, China has gained the status of an energy efficiency champion. From 2010 to 2015, while China’s GDP grew at a rate
Tehran Defiant: Iran Oil Exports Not Endangered by US Sanctions
The United States cannot prevent Iran from exporting its oil, Iran’s oil minister Bijan Zanganeh said earlier this week. He added that such limitations would
Market Update: The World’s Oil Output Rises Again
The oil prices have recently dropped after the United States increased its production level to the highest since March 2015 while Russian oil was also