Why Angola left OPEC
As OPEC strived to prop up oil prices with production limits for its members, Angola was caught between the organization’s policies and its own interests.
As OPEC strived to prop up oil prices with production limits for its members, Angola was caught between the organization’s policies and its own interests.
Dr. Carole Nakhle This article was first published on GeoExpro Magazine (Vol. 21, Issue 1, 2024) Many question why oil and gas companies are still
The disruption of Russian gas pipeline supplies to Europe has created a short-term opportunity for LNG growth, but EU targets for the long term look more aspirational than realistic.
Multiple factors stopped oil prices from hitting triple digits, contrary to what many forecasters had anticipated.
The COP28 climate conference was an exercise in pragmatism, yet still delivered significant steps in the energy transition. Success will depend on concrete follow-through.
The spasmodic movements towards reality, evident during 2023 in the great global energy transition project, will intensify in 2024.
Asia is a crucial market for every established energy exporter, but suppliers’ bets are not risk-free.
The war with Hamas will likely harm Israel’s nascent role as a natural gas exporter, although domestic production is still expected to double by 2027.
As its energy footprint grows, China is intent on maintaining a diversified supply, even with Russian flows increasing.
Dr Carole Nakhle Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its
Technical and, above all, political obstacles block Cyprus’s way to becoming a natural gas producer and exporter. Some Mediterranean neighbours, including Turkey, complicate the problem.
The country’s hopes for becoming a regional gas production powerhouse and LNG export hub are thwarted by question marks over its social and political stability.