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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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If you are the world’s leading energy economy, you produce energy, that’s what you do.”. “A It lists energy-related projects totaling $318 billion (no timeframe specified), which is, in SAGIA’s words, “large-scale capital spending [is] applied to building new capacity and expansion of existing facilities.” dollar spreadsheet.

Oil 150
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Opinion: Is Russia Plotting To Bring Down OPEC?

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Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. in 2015 and 2016 respectively). Live by Energy….

Russia 150
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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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percent in 2016. National oil producers can and are shifting the cost of the lowered prices to other sectors of the economy. Furthermore, several national oil companies, Venezuela’s among them, are building refineries with local partners in Asia, which will use their crude. percent in 2014 to 3.3 Racing to Barrel Oil.