An interesting article in The New York Times Magazine on the strategy and impact of economic sanctions against Iran. As the article notes, the idea is to prevent a country reliant on global trade — as an ancient empire, a station on the Silk Road across Asia and a modern petroleum powerhouse — from being […]
Read more »Via The Financial Times, another look at the possibility of a Gas OPEC (GOPEC) and, more specifically, the unlikelihood of its success until LNG infrastructure becomes more pervasive around the world. As the article notes “…Exactly 35 years ago, the Arab oil embargo sent western economies into their worst downturn of the postwar period. So […]
Read more »Via The New York Times, an interesting look at Azerbaijan, the small, oil-rich country on the Caspian Sea, which has balanced the interests of Russia (to its north) and the United States since it won its independence from the Soviet Union. But since Russia and Georgia fought a short war this summer, its path has […]
Read more »As reported by The Huffington Post, Russia, Iran and Qatar – which together account for nearly a third of world natural gas exports and hold some 60 percent of world gas reserves – made the first serious moves recently toward forming an OPEC-style cartel on natural gas, raising concerns that Moscow could boost its influence […]
Read more »Via The International Herald Tribune, an interesting look at the recent (mis)fortunes of Russia, Iran, and Venezuela in their bids to challenge United States hegemony in the aftermath of falling oil prices. As the article notes: “…For all three nations, oil money was a means to an ideological end. President Hugo Chávez of Venezuela used […]
Read more »Courtesy of Energy Daily, an interesting look at how – in the aftermath of the August military confrontation between Georgia and Russia –former Soviet republics and rising petro-states Azerbaijan and Kazakhstan have been reassessing their export options, with Iran receiving increased attention in both Baku and Astana. As the article notes, Iran has been moving […]
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