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OPEC declares war on shale oil

December 2014
Daniel Atzori

On November 27, the OPEC summit decided to keep production quotas unchanged: the aim is to allow oil prices to remain low, in the hope that US shale oil production will soon become economically unstable

An uncertain future

December 2014
Bassam Fattouh

While southern oil sector has been able to proceed effectively to date, political uncertainty in Baghdad has meant further delays for the shared infrastructures essential to the country’s ability to exploit its oil potential. The coming months will be of vital importance in this regard



Energy for Africa’s growth

December 2014
Editorial Staff

Promoting greater economic and democratic stability in the African continent, as it emerged during a conference held in Turin on December 1 and 2, sponsored by IAI in collaboration with Eni, means direct investments and partnerships to create a diffusion of new skills and an industrialization plan for the energy sector



Consequences of the postponement of the nuclear agreement with Iran

December 2014
Giuseppe Acconcia

President Hassan Rouhani has, however, assured that, by June, there will be a "definitive agreement." Tehran fears that Washington will not keep its promise to terminate international sanctions. Yet Obama would need this to happen



The East that wants to change

December 2014
Antonio Galdo

With a growth of 3 percent, an unemployment rate below 10 percent and 2 million jobs created over the last 10 years, Poland appears to be the most dynamic and "reliable" country in Europe, even though on the energy front it bears the burden of a difficult path toward energy efficiency and dependence on Russia



The reconquest of the Baiji refinery

November 2014
Daniel Atzori

After five months of bitter fighting, the oil refinery of Baiji has been reconquered by the Iraqi forces, which have defeated the Islamic State (ISIS) militants. This is an important victory, which not only has a symbolic value, but also sets the scene for the political and socioeconomic revival of Iraq



Russia and Venezuela unite against oil price drops

November 2014
John L. Still

Ahead of the OPEC meeting in Vienna Russian state company Rosneft and Venezuela’s PDVSA have signed an agreement for the importation of 1.6 million tonnes of oil and nine million tonnes of petroleum product, with the aim of trying to slip away from suffocating drops in crude oil prices



Australasia’s Energy Dynamics

November 2014
John L. Still

The region could be of vital importance to the whole oil and gas industry, with growing economies and a huge array of natural resources that are attracting the attention of energy business



The optimism of the oil markets

November 2014
Paul Betts

The crisis in Iraq and its impact on crude. After the escalation at the start of the summer, oil has dipped below $100 per barrel, and so far the situation in the Middle East has had a limited impact on global oil supplies



The world over a barrel

November 2014
Gianni di Giovanni

With Iraq and Syria in the midst of civil war and with the advance of the ISIS, which aims to control oil reserves, the Middle East is facing a crisis that requires a global diplomatic effort that brings confidence, including to the international energy markets



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