Recently added articles from APS Review Oil Market Trends:
TURKMENISTAN - Part 3 - The Oil & Gas Exports.
Sep 29, 2008 ... Turkmenistan is exporting refined petroleum products equivalent of about 90,000 b/d crude oil and condensates, up from 75,000 b/d in the autumn of 2002. The country is to become a major exporter of crude oil, condensates and refined petroleum products in the coming decades. According to ...
TURKMENISTAN - The Global & Regional Petroleum Perspectives.
Sep 29, 2008 ... Paper WTI has been moving wildly from a peak of $147.27/b on July 11 to below $90/b in recent weeks. The week's trading at NYMEX on Sept. 26 ended with November WTI settled at $106.89, having risen to $130 on Sept. 22 as speculators scrambled to cover short positions and fretted about the ...
The '08 US Financial Crisis, Background & Its Global Impact.
Sep 29, 2008 ... By the time the Bush rescue plan has been passed - assuming this will involve $700 bn, though many say its final shape could be different - US government spending just to delay the worst of the financial crisis by a few years, if not less, in 2008 alone would have reached $1.587 tn. This ...
Energy Expansion Costs Soar.
Sep 29, 2008 ... Tightening credit conditions in the Greater Middle East (GME) which includes Central Asia and a part of Russia - the world's top oil and gas exporting region - are raising the cost of expanding energy production and processing capacities and adding to delays. But they are unlikely to ...
Cost Estimates Double In '07-08.
Sep 29, 2008 ... Project costs have risen sharply since 2002, in some cases five-fold between 2002-06. Since early 2007 they have doubled. As a result, some projects are being postponed, and economics are being distorted by rising costs and shortages. Even Saudi Aramco or state-owned Qatar ...
Turkmenistan - Part 2 - The Fields & Foreign Operators.
Sep 22, 2008 ... There are over 40 producing oil and gas fields in Turkmenistan. Turkmenistan is producing 200,000 b/d of crude oil and condensate and this may be average for 2008, whereas Ashgabat had forecast 216,000 b/d for the year. This is compared to 196,000 b/d in 2007, over 200,000 b/d in 2006, ...
Turkmenistan - The Oil Producers.
Sep 22, 2008 ... The state-owned Turkmen oil producing companies grouped under TurkmenNeft will continue to account for most of the country's oil and condensate output through this decade. They have the best oilfields and will involve foreign companies in complex structures needing big investment and ...
Turkmenistan - Burren Energy In Nebit Dag Venture.
Sep 22, 2008 ... Burren Energy of the UK is producing 25,000 b/d of crude oil from the Burun structures, up from 22,000 b/d in 2007 and 17.500 b/d in mid-2006. It is still developing Burun, the biggest set of fields in the Nebit Dag area. When its PSA was signed in 1995, the planned investment was put at ...
Turkmenistan - Petronas In Block 1 Venture.
Sep 22, 2008 ... Petronas of Malaysia operates the offshore Block 1, where the Diyarbekir oil and gas field is producing 15,000 b/d of crude oil and about 20 MCF/d of gas mostly associated and partly not associated with the oil output. Crude oil production is said to rise considerably, from 10,000 b/d in ...
Turkmenistan - Others Operators.
Sep 22, 2008 ... The Danish firm Maersk Oil has been operating on PSA basis in offshore Turkmenistan in JV with Wintershall (Germany), ONGC (India) and TN. Maersk has completed seismological surveys on two contract blocks which the group holds in the Middle-Caspian oil and gas bearing basin. ...
The Global Perspective.
Sep 15, 2008 ... The world's economy is slowing down, not only because of high commodity prices including paper oil, but also due to a financial melt-down in the US housing sector with implications spreading across the globe and other factors. But paper WTI, which by July 11 had risen seven-fold since ...
The Geo-Political Perspective.
Sep 15, 2008 ... Geo-politics will play a big role in the months ahead due to a power vacuum caused by the US, where presidential elections are due on Nov. 4 and the next president is not expected to act before late January 2009. The difference in the geo-political outlooks between the two US candidates, ...
Black Sea Bids By Russia & Turkey.
Sep 15, 2008 ... Amid a flurry of diplomatic activities in Moscow and Ankara over the Caucasus earlier this month, Russian Foreign Minister Sergei Lavrov took time off for an exceptionally important mission to Turkey, which might lead to a turning point in the security of a vast region the two powers ...
Russia - Part 5 - The Decision Makers, Now Under A Two-Headed Regime.
Sep 08, 2008 ... Russia remains in transition from a Communist empire which collapsed in late 1991 to what a prominent intellectual has called "the unknown". Under PM Vladimir Putin and his protege, President Dmitry Medvedev, Russia remains what its Western critics call "a totalitarian empire" which on ...
The failure of two empires?
Sep 08, 2008 ... Writing in Asia Times Online of Sept. 5, Dr. Dmitry Shlapentokh, associate professor of history at Indiana University South Bend, said: The recent Russo-Georgian war was the last straw: from now on, Moscow, the Third Rome, the capital of the Eurasian empire to which all the numerous people ...
Western Reliance On Russian Energy Will Persist.
Sep 08, 2008 ... The US and UK last week held out hopes of the EU curbing its reliance on Russian gas. Visiting Azerbaijan, Georgia and Ukraine on Sept. 3-5 and discussing Washington's $1 bn aid offered to Tbilisi and its bid to continue to back the entry of Georgia and Ukraine into the North Atlantic ...
US Isolationism?
Sep 08, 2008 ... The US newsletter, The Fourth Avenue Financial's Investor's Daily Edge of Sept. 6 had an article under the title, "Raining Petro-Dollars In Georgia", in which the implication was that, eventually, the US might drift to isolationism. Among other things, it said: The US just gave $1 billion ...
Russia's Who's Who - Dmitri Medvedev.
Sep 08, 2008 ... Within Russia and abroad, everyone knows that PM Putin calls the shots in Moscow and Medvedev issues the necessary orders. It was Putin as president who during a visit to the US asked President Bush to help for the selection of Sochi as a venue for the 2014 Winter Olympics. Bush did not ...
RUSSIA - Part 4 - Increasing External Investments Face Western Economic Cold War.
Sep 01, 2008 ... External investments by the privatised Russian petroleum companies have become an important reality. Rich in cash thanks to high oil prices since April 1999 and aggressive in their pursuits, the integrated companies have been moving primarily into East Europe where downstream assets are ...
RUSSIA - The Economic Cold War & Global Perspective.
Sep 01, 2008 ... Under Putin, who has his own "neo-con hawks" in the Kremlin and his White House, Russia believes it has lost the balance of power in Europe and wants to restore it by regaining control over Georgia, Ukraine and other republics which are joining NATO and the EU after having been part of the ...