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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects. Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. The emergence of the U.S., This has transformed the U.S.

Russia 150
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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

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Of this, the Saudi government will finance $239 billion, while private investors will finance $79 billion, as well as investments in refining (which it does not specify). as the drop in oil prices over the last year has put a strain on the nation’s finances.". percent increase), based on Saudi Arabia’s conflict with Iran.

Oil 150
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Day Of Reckoning For US Shale Will Have To Wait

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Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. It is not a total win for the companies that are trying to hang on.

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

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Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks.

Russia 225
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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For Iran, the only other OPEC country for which the IEA provides domestic demand data, the increase in exports, 0.7 Interestingly, also, the Saudis increased their share of OPEC average daily output in the first half of 2015 over 2014 average daily volume—and their share of average daily global output. percentage points.

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

Green Car Congress

Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. Moody’s Investors Service sees the contraction as too little to make a significant dent in the global supply gut. It is not a total win for the companies that are trying to hang on.

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

Green Car Congress

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.