In the past two years, projections of new oilfield development in non-OPEC countries have come out showing expected gains of maybe 1.5 million barrels a day, but the actual gain has only been about half of that," [Patricia Mohr] said. Technical challenges and "resource nationalism" have slowed "the kind of supply response you would have expected from record high oil prices.
... by the Iranian Revolution, the OECD countries' efforts to increase energy intensity within their...Moreover, the assumption that OPEC countries will increase production to satisfy expe...
China has experienced pressing energy shortages in recent years, and Beijing has intensified its efforts to secure China's energy supply through both increased domestic production and external expansion. In this paper, I first analyze China's global quest for energy by looking at the correlation between China's economic growth and its energy security concerns. I then examine the implications of China's "go-out" strategy through two sets of case studies. I argue that China's global search for energy is primarily driven by its rapid economic growth, out of insecurity rather than a master plan to dominate the world, and that China's energy security issues have multiple implications beyond simple economic concerns. Finally, I recommend a forward-looking engagement policy to be adapted by Ca...
... energy relations with the developing countries in Africa and Latin America, and China's energy re... to be adapted by other countries, especially OPEC states, Canada and the United States, in dealing w...
OPEC on Friday cut its oil consumption forecast for the year, largely because of high prices and a slowing U.S. economy, but said demand in developing countries continues...
... rents as their price has soared due to OPEC's price increases. Taxation based on the ability t... the Organization of Petroleum Exporting Countries (OPEC) cartel and its effectiveness in increasing ...
OPEC in those days was public economic enemy No. 1. We journalists would hang on the oil ministers' every word and particularly on the words of Sheikh Ahem Zaki Yamani, oil minister of Saudi Arabia, a suave and charismatic man who characterized the new world of the oil-rich Arab nations. Sheikh Yamani was the leader of the conservative forces in OPEC. Saudi Arabia's line was to keep the West dependent on oil, while gradually increasing its price. Sudden shocks weren't good because they encouraged wholesale substitution of oil with other energy sources and, if they ushered in a recession, rapidly caused prices to drop. There is a certain madness to markets. Prices are pushed beyond where common sense says they should go. It is happening with oil. It is happening with the Canadian dollar...
... the Organization of Petroleum Exporting Countries in Caracas, Venezuela. . OPEC in those days was pu...
... element of Canada's relations with countries of the Middle East. In addition, Canada's leadersh... made available for this project from the OPEC fund for international development, France, the US...
These are boom times in Canada's oil patch, particularly in Alberta, where the soil abounds in black gold," the federal agency noted in the report. The Organization of Petroleum Exporting Countries -- anxious to keep prices already at five-month lows from a free fall -- pledged to "vigilantly monitor" the combination of rising inventories and easing political tensions that have pushed crude down by almost $13 a barrel since midsummer. OPEC's output quota will remain at 28 million barrels a day, the 11-country group said, acknowledging that supplies are "more than adequate" to satisfy world demand. Including Iraq, which is not bound by the quota system, OPEC's daily production is roughly 30 million barrels.
... the moderation in export growth from the OPEC countries, which will remain the main source of oi...
... domestic political processes in both countries - what Stephen Blank (2008; Hale and Blank 2010) h... energy policies which began with the OPEC oil price shocks and supply shortages of the 1970s...
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