Tag "Oil"
Norway still optimistic over Arctic oil
The drastic fall in oil prices has made petroleum explorations in the Barents Sea seemingly unprofitable. Yet, despite severe economic, technological and environmental concerns, the Norwegian government pushes for increased activities,
OPEC’s influence has long been exaggerated
The nearly 50% decline in oil prices questions the future of the Organization of the Petroleum Exporting Countries (OPEC) and casts doubt on its ability to influence prices. However, the
Five countries most affected by the oil price crash
Since June 2014, global oil prices have dropped by more than 50%. The drop could strongly affect the economic and political stability of these five oil exporting countries. Oil prices
Oman on the path towards economic diversification
Oman and the Gulf are at a crossroads due to falling oil prices, leading to unprecedented economic development and diversification. The IMF predicts that oil export losses in 2015 are
Could Venezuela be headed for reform or revolt?
Rapidly declining world oil prices, a lack of basic goods in supermarkets, insecurity, and a more united opposition look set to make 2015 the most difficult year yet for Venezuela’s Nicolas Maduro
Low oil prices bring instability to the global oil sector
A pro-longed period of low oil prices could have long-term consequences for the future of the oil industry and geopolitical stability of some oil exporting countries. Falling oil prices can be
Economic woes fuel the conflict in Yemen
Conflict in Yemen continues this week as Houthi rebels seek to overthrow President Hadi’s Western-aligned government, threatening an already fragile security environment. Economic woes play a major role in shaping
Scotland stands to gain from renewable energy projects
Scotland’s renewable energy industry is not only helping it achieve its emissions targets, the large-scale energy projects that are currently underway in Scotland will create jobs, improve infrastructure, and can
Terrorism and oil price plague Nigeria ahead of election
Attacks from Boko Haram and dwindling revenue from oil are creating problems for Nigeria, and poor leadership is only making matters worse. However, Nigeria may have the chance for a
Where to invest in 2015 in Asian emerging markets
We are at crossroads of diverging monetary policies. GRI’s analyst Tanya Rawat breaks down what this means for investment in emerging markets (EM) in Asia. The U.S. gets ready to
