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Diplomatic Coup: China Brokers Iran-Saudi Rapprochement

Tristan Vanheuckelom March 14, 2023

China has rearranged the power balance in the Middle East, leaving the U.S. and its main regional ally, Israel, isolated.

ExxonMobil Sues EU Over Windfall Tax

Tristan Vanheuckelom December 30, 2022

According to the company, the tax on ‘excess profits,’ whatever boon it might be for the EU’s coffers in the short term, is ultimately “counterproductive,” since it would scare off prospective investors.

China’s Xi in Saudi Arabia to Deepen Ties, Expand Influence in Region

Tristan Vanheuckelom December 10, 2022

The White House has warned that China’s attempts to exert its influence worldwide, as it has just done with what was traditionally a U.S. regional ally, were “not conducive” to the international order.

Russia Will Not Go Along With Oil Price Cap, Kremlin Confirms

Tristan Vanheuckelom December 5, 2022

Spokesman Dmitry Peskov said that Moscow had prepared for this price cap—a controversial, and according to some experts, ineffectual mechanism that would ‘force’ Russia to sell its oil for less than current market value.

OPEC+ Announces Cutting Oil Production by 2 Million Barrels a Day

David Boos October 9, 2022

In a move that left the White House “disappointed,” OPEC+ announced a cut of its oil production by 2 million barrels a day, which amounts to 2% of global oil production. The political and economical fallout may have far-reaching consequences.

Russian Oil Exports Keep Rising

Sven R. Larson July 25, 2022

While some media sources claim that Russian exports to Asian markets have fallen, others point in the opposite direction.

Coal in August, Oil in December: Germany Cuts off Russia

Bridget Ryder July 16, 2022

Kukies said that weaning from European reliance on the 158 billion cubic metres (bcm) per year of gas that Russia supplies is the block’s biggest energy challenge.

“They have enriched Russia and punished the French”: Le Pen on Sanctions

Robert Semonsen July 13, 2022

Le Pen highlighted the absurdity of Europeans purchasing oil and gas from India, which itself purchased them from Russia.

OPEC Loses its Secretary General in the Midst of Energy Crisis

Hélène de Lauzun July 8, 2022

OPEC’s Secretary General, without executive power in the strict sense, usually plays a decisive diplomatic role in facilitating discussions between producer countries with often divergent interests.

Germany Reactivates Coal Plants to Save Gas for Winter

David Boos July 2, 2022

With German gas reserves at a precariously low level for winter, Germany has decided to continue shunning nuclear energy, and has opted to reactivate coal plants.

Tag: oil

Diplomatic Coup: China Brokers Iran-Saudi Rapprochement

ExxonMobil Sues EU Over Windfall Tax

China’s Xi in Saudi Arabia to Deepen Ties, Expand Influence in Region

Russia Will Not Go Along With Oil Price Cap, Kremlin Confirms

OPEC+ Announces Cutting Oil Production by 2 Million Barrels a Day

Russian Oil Exports Keep Rising

Coal in August, Oil in December: Germany Cuts off Russia

“They have enriched Russia and punished the French”: Le Pen on Sanctions

OPEC Loses its Secretary General in the Midst of Energy Crisis

Germany Reactivates Coal Plants to Save Gas for Winter

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Issue 25, Winter 2023

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