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OPEC's Nov 30 meeting: Letting go of market share strategy
The year long effort from OPEC to agree on production restraint has culminated in an agreement to cut its output by 1.2 million b/d effective 1 Jan...
Brazil’s A-4 and A-5 thermal power auctions: Petrobras’ strategy to win
On 25 June, Brazil’s Chamber of Electric Energy Commercialization held the A-4 and A-5 existing energy auctions. These two auctions aimed to re-con...
Brazil’s new gas law: unlocking transport capacity and essential facilities
Almost five years after the Gas to Growth initiative was introduced, the Brazilian government issued a new gas law (Lei 14.134) on 8 April. The new...
BRICS gain oil market share with expansion
At their 22-24 August Summit, Brazil, Russia, India, China, and South Africa (BRICS) announced an unprecedented expansion of the group. The BRICS i...
Bright outlook despite short-term turbulence: China gas and power month in brief January 2017
2016 ended weaker-than-expected for China's gas and power demand as a result of mild weather. Overall gas demand in 2016 picked up by 6.6%, but LNG...
Can China’s SPR dampen crude price escalation?
China announced to auction stocked crude oil in its Strategic Petroleum Reserve (SPR) for the first time in history. These SPR sales aim to help th...
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