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Energy

Crude Oil Speculation: The 2007 U.S. Congress Hearing and the ‘NOPEC’ Legislation I

After the April 2018 spike in gasoline prices, the No Oil Producing Exporting Cartels (“NOPEC”) Act has become prominent again. The act attempts ‘to hold OPEC member states liable for violations of U.S. antitrust legislation for what are seen as anticompetitive attempts to limit the world’s supply of petroleum’ (Verrastro and Pumphrey, 2011). The Act […]

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Geopolitics

API: NOPEC Act will prejudice US oil industry

Most people see very complex issues just in black and white and tend to take a simplistic position with regard to beliefs and ideology. Whole generations can live with the consequences of such wrong conclusions, and this fact can easily lead to consequential political and even military decisions. The following text from Mike Summers, president […]

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Finance

PDVSA: actividades y su declive (Continuación…2da entrega).

En la entrega previa observamos los datos que nos dieron cuenta del desplome de la producción petrolera venezolana desde 3.260 millones de barriles diarios (MBD) en 2008, hasta 1.148 MBD en diciembre de 2018. De la misma manera, el número de taladros activos se ubicó en 70 unidades en 2008, lo que contrastó con las […]

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Environment

Canada oil sands: Discount level reinforces OPEC strategy

Canadian crude production is close to 4.5 million barrels per day (BD), thanks to the success of the development of oil sands. 64% of total production, 2,700,000 BD corresponds to oil processed by the exploitation of these oil sands. Total crude oil production in Canada is 4,200,000 BD, of which 3.3 million BD is exported. […]

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Opinion || Mazhar Al-Shereidah

Biography

Born in Basrah, Iraq (1940) and obtained baccalaureate in Kuwait (1958). Venezuelan citizen, resident in Venezuela since 1967.

Economist, University of Innsbruck, Austria (1964); postgraduate studies in Political Sciences (University of Vienna). Doctor in Social Sciences, Central University of Venezuela (UCV).

Author of various books.

Researcher-professor at FACES-UCV, 1967-2017.

Co-founder of the Postgraduate degree in Petroleum Economics FACES-UCV (1973), in which he continued his academic activities as thesis tutor.

Co-founder of the Specialization in International Petroleum Politics and Commerce, of which he was Coordinator.

Founder of the magazines Reporte Petrolero, Enfoque Petrolero and Petroanalysis, as well as the programme Enfoque Petrolero on Venezolana de Televisión and on Radio Nacional de Venezuela.

Member of the Presidential Commission for the Hydrocarbons Organic Law 2001. Author-Assessor of Expertise on the Patrimonial Damage of the Petroleum Strike for the Public Ministry (2003).

Assessor to the Presidency of the Central Bank of Venezuela 2000-2017.

Assessor to Maraven Corporate Planning and to PDVSA Commerce and Supply (1987-1993).

Collaborators

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Carlos García

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Stuart Wilkinson

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Hermes Pérez

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Omar Chique

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Alfredo Ordoñez

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Karla Rebolledo

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