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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. The emergence of the U.S., This has transformed the U.S.

Russia 150
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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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of global and 17% of European reserves. Estonia is relying on technological improvements to maximize oil shale yield to generate more electricity, heat and shale oil so as to maintain necessary levels of electricity and heat for the economy, which remains one of the OECD’s strongest performers. million (US$12.8

Estonia 236
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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. This increase in output occurs with the context of a narrow global demand opportunity.