This blog is part three of a series that explores the intricate history of oil. 1921-1973 – War, Depression, and the Long Boom Prior to the unraveling of the European and American Pax imposed on the Middle East, the Texas cowboys would have their day. It is not unfair to say that the oil industry matured […]
Sanctions against Russia are moving closer to the country’s big oil companies. In this week’s Oilgram News column Petrodollars, Rosemary Griffin looks at the choices that companies such as Rosneft face. EU sanctions introduced Friday limit some state-owned Russian oil companies’ access to European financing in a move that could drive Rosneft, Transneft and Gazprom […]
I am not sure what other industry event or announcement could have had a more prominent and extended effect on natural gas markets than the simple contract entered between Russia and China, two countries located on an opposing side of the Earth from North America. Is this contract a disaster or a savior for those […]
France has the second largest economy in Europe and the fifth largest economy in the world. As France produces very little domestic energy, it relies heavily on imports from bordering countries to meet the majority of its natural gas demands (EIA). But is it really necessary? France is currently the fourth largest consumer of natural […]
This article was originally published in Platts LNG Daily. Before the end of the decade, low-priced American liquefied natural gas is expected to surge onto the global market and, potentially, cause a dramatic shift in worldwide gas market fundamentals. But the possible ramifications of US LNG exports have been met with shoulder shrugs and slight […]