Saudi Arabia's role in global energy markets is changing. The kingdom is diverting crude oil into an expanding refining sector and moving beyond its role as global “swing supplier” of crude oil, writes Jim Krane.
Last year’s China-Russia gas energy deals pack some significant economic and geopolitical clout, but many Western commentators have lost sight of the humanitarian ends for which the gas deals were designed.
Rising populations and growing wealth have coupled with low domestic prices to propel huge increases in energy consumption within the six Gulf Cooperation Council countries, Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman and Bahrain. The trend of large and continuing increases in demand threatens assumptions about the sustainability of the region’s oil exports Politically difficult reforms that moderate consumption can extend the longevity of exports, and perhaps, the regimes themselves.
This fall the Argentine government passed a new hydrocarbons bill with the intent of attracting foreign direct investment in its energy sector, particularly in shale oil and shale gas areas. In this article, scholar David Mares provides context for the reform and examines the current state of Argentina's oil and gas sector.
The below-ground potential of Argentina’s shale oil and gas reserves is enticing for companies and investors — the country may have the second largest shale gas reserves and fourth largest shale oil reserves in the world. But the above-ground risk is a significant challenge for exploration and development. In this article, scholar David Mares examines the level of investment and activity in Argentine shale to shed light on the future pace of development of Argentina’s shale gas and oil potential.
"Time appears ripe for an energy-for-security exchange between member states of NATO and those of the energy-exporting Gulf Cooperation Council (GCC)," writes Jim Krane, Wallace S. Wilson Fellow for Energy Studies. "Closer ties between the two regions could deepen Europe’s involvement in the security of its energy supply, while boosting the hard security of the Gulf’s Western-allied monarchies."
This research discerns how municipal solid waste (MSW) composition influences the heating value and air pollution for the co-combustion of coal with MSW using five MSW composition scenarios, four of which were derived by a reduction of plastics, organics, paper, or a combination thereof, as compared to the national average MSW composition.
Kenneth B. Medlock III, Pedro AlvarezDecember 27, 2013
A paper that briefly examines the current situation and outlook for shale gas in China, and explores existing and potential avenues for international cooperation. Published by the International Shale Gas and Oil Journal Subscription required.
Countries around the Persian Gulf are falling behind with regard to renewables, both for technical and for political reasons. And they need to diversify — just like the rest of us — if they are going to keep local consumption from using up too much of the oil they would rather sell.
The evolution of revenue efficiency of national oil companies (NOCs) is examined using data on 61 oil companies from 2001-09. Published by The Energy Journal.
Peter R. Hartley, Kenneth B. Medlock IIIJanuary 25, 2013