When Hurricane Katrina hit the Gulf of Mexico in 2005, the region’s oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The...

When Hurricane Katrina hit the Gulf of Mexico in 2005, the region's oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The...

The Central Asian/Transcaucasian region has the potential to become a significant producer and exporter of oil and gas. Estimates of its reserve base are on the scale of the North Sea. Over the next decade, as world oil demand continues to grow, the region will gain in importance by helping to...

Die kaspische Region hat das Potential, zu einem bedeutenden Förderer und Exporteur von Erdgas und Erdöl zu werden. Die Rohstoffvorkommen werden ähnlich groß geschätzt wie die der Nordsee. Da die Nachfrage nach Erdöl in den nächsten Jahren weltweit zunehmen wird, ist für die kaspische...

According to IEA projections, oil demand is expected to grow by more than 50% between 2002 and 2030, while gas demand will almost double. But where will all this oil and gas come from? There is no shortage of hydrocarbons in the ground, but quenching the world’s thirst for hydrocarbons will...