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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. Russia supplied about 30 percent (146.6 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. Live by Energy….

Russia 150
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IEA: global map of oil refining and trade to be redrawn over next 5 years

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Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA). The oil market is at a crossroads.

Oil 255
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply.

Energy 252
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

The reasons for the cozier relationship between the two giant powers are, of course, rooted in the Ukraine crisis and subsequent Western sanctions against Russia, combined with China’s need to secure long-term energy supplies. China and Russia have been furiously signing energy deals that indicate their mutual energy interests.

Russia 225
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How the Huawei Fight is Changing the Face of 5G

Cars That Think

What's at stake is control of international 5G networks, which are expected to transform global communications. Huawei has long been regarded as a rogue player in the international telecoms market with deep ties to the Chinese Communist Party. Washington embarked on an intense campaign to block Huawei, and Ms.

Chinese 114
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

For Iran, the only other OPEC country for which the IEA provides domestic demand data, the increase in exports, 0.7 million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47 percentage points. percent, matched the increased domestic output. MMbbls/day in 1H 2015 from 3.65