Articles || Energy

Kuwait’s 2030 Downstream Strategy

Refining Strategy in Kuwait: The Clean Fuels PROJECT (CFP) Kuwait has the sixth largest proven oil reserve in the world. This confers it to be among the main hydrocarbon powers of the world. This is evidenced by the BP Statistical Review of World Energy 2019 report, in which Kuwait’s proven oil reserves are recorded at […]

Reflections on the future of oil supply

On December 18th 2019 , Diane Pallardy wrote on the subject of US sanctions … this time against Russia . This together with other significant informations provides a platform for some future discussion about the perspectives of the major oil suppliers : “The US Senate passed the National Defence Authorization Act (NDAA), containing sanctions against […]

Oil market. Review of 2019 and outlook for 2020

Published on

January 8, 2020

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According to the Organization of the Petroleum Exporting Countries (OPEC), the Global economic growth slowed in 2019, affected by a variety of challenges. Trade issues not only led to reduction in global final consumption but also caused investment growth to decelerate. On the positive side, global trade slowdown has likely bottomed out, and now the […]

Modeling Regional Oil Demand I

Published on

December 6, 2019

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Oil demand is mainly driven by changes in GDP. However institutional factors play an extraordinary role, as states may implement energy policies destined to reduce the carbon content of their economies. In this regard, multiple initiatives have been enforced, especially after it has been perceived that high oil import needs impact energy security. Hence, according […]

Oil Demand at the Crossroads

In the very long run, producers should agree with consumers on an ultimate reduction in the share of consumer’s oil supplies, but producers may take a different stand on the speed and timing of the energy transition period. (1) “OPEC at the Crossroads”. Fadhil J. Al-Chalabi, 1989 We understood the Saudi-Russian understanding and agreements as […]

Organization of the Petroleum Exporting Countries | World Oil Outlook 2019

Artículo original de:  Mohammad Sanusi Barkindo | Secretary General   Non-OPEC supply prospects have been revised up sharply, as US tight oil, in particular, has again outperformed expectations. While there continues to be talk of more financial prudence in the tight oil patch, prospects for growth remain given that efficiency and technology gains have further increased. […]