The French President Emmanuel Macron, the President of the World Bank Jim Yong Kim and the Secretary-General of the United Nations, Antonio Guterres, convened on
Category: Geopolitics
Russia Bypasses US Sanctions with a $27 Billion China-Funded Arctic Plant
Russia has launched a giant Arctic gas project in its efforts to bypass Western sanctions and boost ties with China. The $27 billion Yamal LNG
Iraq Signs Deal with Iran to Swap Kurdish Oil
Iraqi Oil Minister Jabar al-Luaibi said over the weekend that a deal signed with Iran to swap as much as 60,000 barrels per day of
Houston Emerging as the New Global Oil Hub
The American city of Houston is emerging as the country’s new energy hub and it is vying to become the center of global oil trading
The Geopolitics of Oil and Gas: America’s Progressing Energy Diplomacy
In Poland’s effort to decrease its reliance on Russian energy, its state-owned energy company PGNiG signed its first five-year contract to buy American liquefied natural
Market Update: OPEC’s Global Oil Production Cuts Extended till End 2018
OPEC and non-OPEC oil producing countries agreed last week (30 November) to prolong the oil production cuts until the end of next year as they
Russia’s Sakhalin-1 Project Jeopardizes OPEC Output Freeze
Oil production from Russia’s Sakhalin-1 project is poised to go up by about 25% to 250,000-260,000 barrels per day from January 2018, suggesting that the
Nigeria Supports Oil Production Cut Extension Under “Right Terms”
Nigeria supports an extension of the output freeze deal between the Organization of the Petroleum Exporting Countries (OPEC), Russia, and other non-member countries to cut
Oil Market Update: Saudi Arabia and Allies Ready to Extend Supply Cuts
Saudi Arabian Crown Prince Mohammed bin Salman announced that his country would limit the current oil production beyond a deal among both OPEC and non-OPEC
Market Update: Russia to Boost Oil Production in 2018 Despite OPEC Output Deal
Russian Energy Minister Alexander Novak said earlier this week that Russia would boost its oil production next year even if the global deal to cut