Chevron and ExxonMobil are two major American players on the global oil market. Previously, they seemed to compete with each other at every turn; however, this is no longer the case. Since Donald Trump moved into the Oval Office, Chevron and ExxonMobil have seemed increasingly to be working in unison. Promoters of American Energy Policy Both Chevron and ExxonMobil operate […]
Monthly Archive: November 2018
The time for doubt has passed. A couple of years ago, international analysts predicted the impending departure of Russian oil companies from the European markets. Expectations were then replaced by confusion: why weren’t the Russians leaving? This question is in theory no longer current: it is obvious that the Russians are not leaving. On the contrary; […]
It seems that the Nord Stream 2 gas pipeline, which is being built on the bed of the Baltic Sea, will be finished at any cost,irrespective of the steps the US is taking on sanctions and possible difficulties for theoperating companythat are linked to this. Permission for laying the pipe has not yet been obtained […]
In the context of an increase in negative expectations of a serious crisis developing in the global financial market, ensuring energy security in socially and industrially key markets has become a question fundamental to preserving economic stability. These key markets now comprise East Asia, whose economic nucleus is China, and the European Union market. The […]
In giving up Russian gas for political reasons, Ukraine made the fatal error of not making contingency plans, and is now buying re-exported fuel from Europe at higher cost. Kiev tried to counteract this gross mistake with loud declarations that gas, including shale, would soon start to be extracted from its own deposits. According to […]
The political and economic steps that have been implemented recently to develop cooperation among states in the Caspian region testify to the possibility of forming a new globally significant centre of economic growth in the medium term. Politically, this meant the signing of the Convention on the Legal Status of the Caspian Sea. Economically, there […]