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What Does The Next OPEC Meeting Have In Store?

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The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. OPEC interactions have become a direct altercation between Saudi Arabia and Iran, with the remaining members reduced to mere observers.

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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). —IEA Executive Director Maria van der Hoeven.

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Lotfi Zadeh and the Birth of Fuzzy Logic

Cars That Think

He was born in 1921 in Azerbaijan, then part of the Soviet Union, and moved to Iran at age 10. But instead of taking the comfortable route—becoming a professor in Iran—he emigrated to the United States. “I I could have stayed in Iran and become rich, but I felt that I could not do real scientific work there,” he told Spectrum.

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

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The defense spending for 2011, 2012, and 2013 draws on the Stockholm International Peace Research Institute ( SIPRI ) Military Expenditure Database Constant U.S. percent increase), based on Saudi Arabia’s conflict with Iran. in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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That is a feature that is hard to overemphasize in today’s oil pricing environment. The International Energy Agency sees North American shale peaking towards the early part of the 2020s and declining thereafter, all but making it a blip on the radar when looking at oil production from a long-term standpoint.

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One Way to Stop the Social Spread of Disinformation

Cars That Think

He worked in bookstores and then started a fashion business with his friends while planning his escape from Iran through Pakistan in 1982. Alamouti began his engineering career as a part-time contract worker designing and building mobile-data protocols for taxi dispatch systems at Mobile Data International , in Vancouver. in Burnaby.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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Given this environment, it is not surprising that the revenue elasticity of production is highly sensitive, and negative. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). Saudi Arabia increased production by 6.8 Their need for revenue is intensifying rather than moderating.