Oil & Gas

Venezuela’s Oil Paradox: Richest Reserves, Crumbling Industry

Venezuela has the world's largest oil reserves, holding about 17% of global reserves, or 303 billion barrels, primarily consisting of heavy oil. Its crude...

How Europe Kept the Lights On: The Gas Suppliers of 2025

Europe entered 2025 at a level of energy security that would have seemed out of reach only a few years ago. Gas storage exceeded...

Who Will Buy Lukoil? The Bidding War for Its International Empire

Russia's Lukoil has until December 13 to negotiate the sale of most of its international assets following U. S. sanctions and the rejection of...

The Lukoil Question: A Guide to Its Global Assets and Potential Buyers

Russia's Lukoil is disposing of its international assets following U.S. sanctions. The sale to Swiss trader Gunvor was rejected, prompting a rush for alternative...

A Bite Too Big? The Strategic Hurdles in Gunvor’s Pursuit of Lukoil

Russian energy group Lukoil is looking to sell its foreign assets due to new U. S. and UK sanctions. Gunvor, a Swiss trading firm,...

Russia Pivots to Asian Markets with its Energy

At the 8th Russian Energy Week (REW), a convergence of leading Russian and foreign producers and corporate executives of service companies and state officials,...

Title: Turkey’s Gas Diversification and Its Impact on Russia and Iran’s Energy Influence in Europe

Russia has long been Turkey’s largest gas supplier, but its market share has dropped from over 60% two decades ago to 37% in early...

Russia Deepens LNG Ties with China Amid Western Sanctions

Russia is accelerating its pivot to Asia by boosting liquefied natural gas (LNG) exports to China, despite heavy Western sanctions. Energy Minister Sergei Tsivilev...

Canada’s Indigenous LNG Model: A Global First and Potential New Blueprint

A Historic First For Indigenous Leadership The Haisla Nation’s 50.1% stake in the $4 billion Cedar LNG project is more than a milestone — it...

Transactional Ties: The Pragmatic Reality of U.S.-Pakistan Relations beyond the Oil Deal

The irreversible strategic realignment of Pakistan with China and Russia is highlighted by the recent U.S.-Pakistan trade agreement, which highlights the essentially transactional and...

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