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Trends

Trends
2014, October, 16, 21:45:00

IMPORTANT RUSSIAN GAS

Europe’s natural gas supply mix likely won’t change much without drastic policy interventions despite recent renewed concern over instability in Ukraine, a new Brookings Institution policy brief concluded. This effectively will ensure a continuing significant market share for Russia, it said.

Trends
2014, October, 16, 21:40:00

EU GAS SHORTAGES

Bulgaria, Finland and Estonia could suffer major gas shortages if Russia cut off all its gas deliveries for six months, according to a report released Thursday by the European Commission.

Trends
2014, October, 16, 21:20:00

S.AFRICA: 9 BLN BBL OIL

South African President Jacob Zuma outlined ambitious plans on Wednesday for oil andgas exploration in coastal waters that he said could contain as much as 9 billion barrels of crude and vast quantities of natural gas.

Trends
2014, October, 14, 20:50:00

IEA: OCTOBER OIL MARKET REPORT

The IEA Oil Market Report (OMR) for October reduced its forecast of global oil demand for 2014 by 0.2 million barrels per day (mb/d) from the previous month, to 92.4 mb/d, on lower expectations of economic growth and the weak recent trend. Annual demand growth for 2014 is now projected at 0.7 mb/d, rising tentatively to 1.1 mb/d in 2015 as the macroeconomic backdrop improves.

Trends
2014, October, 14, 20:48:00

KUWAIT & SAUDI WON’T REDUCE: $76/BBL

Two of OPEC’s biggest members say they won’t immediately reduce oil production to offset tumbling prices, a signal the group is unlikely to heed Venezuelan calls for an emergency meeting.

Trends
2014, October, 14, 20:45:00

IEA: ENERGY IS A KEY

Increasing access to modern forms of energy is crucial to unlocking faster economic and social development in sub‑Saharan Africa, according to the International Energy Agency’s (IEA) Africa Energy Outlook, a Special Report in the 2014 World Energy Outlook series.

Trends
2014, October, 14, 20:40:00

FOUR LESSONS FOR EU

Diversification of gas supply has been a strategic priority for the European Union since its dependence on imports began to grow in the early 2000s.

Trends
2014, October, 14, 20:35:00

RUSSIA & CHINA: STRONG TIES

Russia seeks an acceleration of its business ties with China. Russian Prime Minister Dmitry Medvedev suggested on Monday that the two countries could soon reach an agreement on a second pipeline.

Trends
2014, October, 14, 20:30:00

EVEN STRONGER

Rosneft and Chinese National Petroleum Corporation (CNPC) signed an agreement for the extensions of strategic cooperation.

Trends
2014, October, 12, 20:15:00

OIL PRICE DROP HURTS OPEC

The continuing slump in global oil prices is punching holes in the budgets of oil-producing countries, including some OPEC members such as Iraq and Libya that are struggling with severe political and security problems.

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OIL (928)
GAS (715)
RUSSIA (454)
GAZPROM (201)
ROSNEFT (165)
U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)