Tag Archives: Russia

The energy crisis in Europe, and Russia’s invasion of Ukraine have highlighted the importance of diversifying energy resources. Europe’s over-reliance on Russian energy resources and Russia’s use of energy weapons to further exploit the geopolitical dimension led to the issue of finding an alternative to Russian energy sources, after the sanctions imposed on Russia …

Rising oil prices and the energy crisis have created the conditions for Middle Eastern countries to gradually reduce their dependence on oil and gas exports and focus on a green economy by investing more in the energy transition process. The energy crisis and Russia‘s invasion of Ukraine, along with the outbreak of the …

When President Joe Biden announced a U.S. ban on Russian oil and other energy imports last week, he called the sanction a “powerful blow to Putin’s war machine” currently invading Ukraine.  But the move means Washington must find alternative sources of crude elsewhere, and its search for new supplies, from …

As fuel prices skyrocket following the Russian invasion of Ukraine, another major supplier of oil and natural gas is poised to play an important role. Before Donald Trump‘s withdrawal from the 2015 nuclear deal and the imposition of sanctions on Iran’s oil exports, Iran produced 3.8 million barrels of oil per …

Without using the capacity of foreign companies in the Iranian petrochemical industry, the gap between Iran and Saudi Arabia in petrochemical production will increase, and other competitors will also increase their share in the regional and global markets. In recent years, the export of petrochemical products from Iran has made …

Analysis: Tightening sanctions could lead to a decline in Moscow’s share of Europe’s energy market. Vladimir Putin’s invasion of Ukraine has posed several challenges for Western companies, with a growing list looking to exit Russia as international sanctions tighten. While Russian energy firms have not been sanctioned, a growing number of Western oil …

Washington has deliberately increased its own LNG exports to Europe, and U.S. diplomats are trying to persuade Qatar to assist in meeting part of Europe’s natural gas needs, supporting the EU’s energy security as a traditional U.S. ally. The ongoing tensions in Europe between Russia and Ukraine have contributed to …

After the withdrawal of the United States from the 2015 “Joint Comprehensive Plan of Action,” or JCPOA, nuclear deal with Iran, Tehran initially indicated that it would continue to follow its obligations in cooperation with the remaining members of the “P5+1” group that had negotiated the deal. Despite this early indication, Iran …

With a potential output worth $450 billion over its first 20 years, Iran’s Chalous gas field in the Caspian Sea, raises issues of both finance and where the gas might sell. The field, whose discovery Iran proclaimed in June and which has perhaps 3.5 trillion cubic meters (m3) of gas, reportedly is part …

Iran’s energy, and especially its natural gas, will not have much potential to solve the global energy crisis, especially in Europe, and the energy crisis can not be used as a weapon by Iran to gain more concessions in the nuclear talks. As the world prepares to revive its economy …