Context on Energy
News Aramco more resilient to oil slump than listed rivals: accounts

Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight into the state energy giant’s finances ahead of a proposed flotation.

  • July 9, 2018
News Trump to OPEC: 'Reduce pricing now!'

U.S. President Donald Trump again accused the Organization of the Petroleum Exporting Countries of driving gasoline prices higher on Wednesday and urged the oil producer group to do more.

  • July 5, 2018
News Iran to Trump: oil will cost $100 per barrel, and it is your fault

Oil will soon cost $100 per barrel due to supply disruptions caused by U.S. President Donald Trump, Iran’s OPEC Governor told Reuters on Thursday, as he warned expectations that Saudi Arabia and Russia would help bring down prices were in vain.

  • July 5, 2018
News Brent crude firms on drop in U.S. oil inventories, Iran threat

Brent oil rose on Wednesday, driven higher by a threat from an Iranian commander and a drop in U.S. crude inventories for the second week in a row.

  • July 5, 2018
News Saudi king said will boost oil output if needed: White House

The leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed and the country has 2 million barrels per day of spare capacity, the White House said on Saturday, rowing back on an earlier Trump tweet that appeared to suggest the Saudis had agreed to boost output by that amount.

  • July 3, 2018
News Trump says Saudis must compensate for drop in Iran oil supply

President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on U.S. ally Saudi Arabia to raise supplies to compensate for lower exports from Iran.

  • July 3, 2018
News Oil falls as OPEC output rises, more production planned

Oil futures fell Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid escalating trade disputes with the United States.

  • July 3, 2018
Publications New Southern Gas Corridor Project Will Intensify the Regional Pipeline Race

Fuad Shahbazov By Fuad Shahbazov, Baku-based independent regional security and defence analyst

On May 29, Azerbaijan’s President Ilham Aliyev officially inaugurated the first phase of the long-awaited flagship project Southern Gas Corridor (SGC), through which Caspian natural gas from the Shah-Deniz II field will be transported to Europe. The new project consists of several pipeline networks that pass through Georgia and Turkey (via the Trans-Anatolian Pipeline, TANAP) and further through Greece, Albania and Italy (via the Trans-Adriatic Pipeline, TAP). As Shah Deniz Stage 2 is implemented, gas production will increase from 9 to 25 billion cubic meters (bcm) per year. READ MORE

  • July 3, 2018
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