Articles || Energy

Moderate growth for CAPEX in 2018

According to the International Energy Agency (AIE), in 2017 the investment in oil and gas upstream (CAPEX) grew 4% annually and represented 2/3 of that of 2014. This pace of progress allowed it to resume a moderate climb path after the unfavorable performances in previous years, product of the collapse of prices in 2014, which […]

Los 50 mayores yacimientos de crudo del mundo (Parte 2)

De acuerdo con la clasificación de la OPEP, los 10 más grandes yacimientos de crudo del mundo se ubican en Arabia Saudita, Kuwait, Irán, Iraq y Emiratos Árabes. Entretanto, las estadísticas tomadas de la OPEP, evidencian que, del total de crudo de los 10 yacimientos más grandes del mundo, con la tecnología de hoy, alrededor […]

Oil in West Africa: Part One 1999 to 2010

Both the United States and China are dependent on their petroleum imports. Both countries need safe and secure suppliers who have long-term in situ reserves. This article is the first of a brief series that will look at the role that West Africa has played in the international petroleum market during the last two decades […]

The U.S. likes gas-guzzlers (Review)

After the 1973 oil crisis the U.S. tried to rework gasoline consumption habits, but not with much success in the light of history. The big auto makers have turned to producing more trucks and SUVs that consume more fuel per mile. U.S. gasoline is cheaper than in Europe, for example, and has comparatively less incidence […]

Global LNG positive for EU security of supply

In 2016, around 76% of extra-European Union gas imports came from just two countries, Russia and Norway; a further 13% arrived in the form of LNG; and the remaining 11% came from Algeria and Libya. (1) In 2013, Russia accounted for 39% of the European Union’ natural gas imports. Norway, which is not a member […]