Tag "Shale gas"
2016 is the year of cheap renewables, not oil
While much attention is devoted to the fall of oil prices, 2016 has seen a significant expansion in the development of renewable energies
US LNG reaches out to global markets
With the first LNG export terminal in Sabina Pass, Louisiana now in operation, the US LNG export is becoming a reality, but low oil prices are constraining its future prospects.
Algeria’s austerity bill sparks protests
Last week Algeria’s ruling party introduced a new finance bill with austerity measures sparking strong protests from opposition parties. This comes just before a crucial time for the ruling party,
Despite recent upshots, oil prices will remain subdued
Despite recent gains, oil prices will remain subdued as the oil glut continues to dominate global markets. Increases in US and OPEC oil production will play a big part in
When will India’s central bank (RBI) reduce interest rates?
Is the Reserve Bank of India’s (RBI) Governor, Raghuram Rajan, behind the curve on interest rate reduction? Some members of the technical advisory panel of RBI and a few independent
Europe moves to reduce energy dependency on Russia
The Ukrainian crisis and sour relations with Russia highlight the need to address the EU’s energy security issues. The recent EU Ypres summit decision might be an important step in
US Decline Series: Shale transforms the US into a global energy giant
Technological innovations and a positive regulatory framework are transforming the United States into a major energy player that is beginning to change the global energy outlook. This GRI series challenges
IMF forecasts Russian economic slowdown
Questions arise over the long-term viability of the Russian economy after the IMF downgrading of Russia’s GDP forecast from an estimated 2.5 to 1.5 percent in 2013 and 3.25 to
The shale gas revolution is about to hit China
Shale gas extraction shows promising signs in China. The current 5-year plan aims to produce 60-100 billion cubic meters by 2020, so look for a more cohesive Chinese approach to
Saudi Arabia’s record output fails to ease shortage fears
As a number of OPEC countries face stagnant or falling production and oil prices creep steadily upwards, the question of whether Saudi Arabia can offset further shortages is more pressing