by Faro | Feb 8, 2019 | Energy Transition, Governance, Greening of the desert, MENA, O P E C, Oil price, Population Migration, Saudi Arabia
By Andrew Korybko in Oriental Review on February 7th, 2019. Saudi Arabia clinched 37 deals worth $53 billion after announcing that it intends to attract upwards of $426 billion in total over the next decade as it seeks to advance Crown Prince Mohammed Bin Salman’s...
by Faro | Jun 4, 2018 | O P E C, Oil price, Petroleum Industry, Shale Gas, Shale Gas extraction
The Global Warming Policy Forum citing The Wall Street Journal on how The New Shale Tech That Terrifies OPEC has become reality where the U.S. shale oil drillers boosted by efficiency and drilling intensity, are lowering prices to a point that could soon hurt...
by Dr A. Mebtoul | Dec 2, 2017 | MENA, O P E C, Oil price, Technological development
Actions for price stabilization? The oil price of more than $60, was certainly not only helped by the approaching winter but also by the relative decline of the Dollar value against the Euro, thus giving a timid stimulus to the growth of the global economy. It was in...
by Faro | Oct 30, 2017 | Oil price, Oil Production, OPEC
Further to our article on “The Vienna agreement and the Oil & Gas 2017 / 2030 prospects” posted on October 29, 2017, we follow on the same subject of oil prices rising to their highest in a long time. All rentier economies of the MENA region would of course be...
by Dr A. Mebtoul | Oct 29, 2017 | Oil and Gas, Oil price, OPEC
Trading of Brent oil as at October 28, 2017 closed at its highest level at $60.62 and at $54.17 for the WIT and for natural gas at $2.75 MMBtu, down 5.72%. Euphoria apart, this contribution would attempt to review the The Vienna agreement and the Oil & Gas 2017...
by Dr A. Mebtoul | Oct 3, 2017 | MENA, Oil price, Oil Production, Shale Gas
The Prime Minister in a statement on October 1st, 2017 to the National Assembly has indicated that going for Shale Oil and Gas in Algeria is an option for the immediate future. Opportunities and Risks of fracking I remember that under my supervision, a study to...
