British LNG Imports at Risk in Gulf Crisis

January 16, 2012By Andy RowellBlog Post

More on the growing Iranian crisis. Brent crude is rising this morning due to worries over serious disruptions to the supply of crude after Iran warned its Arab neighbours of “consequences” if they raised oil output to replace Iranian loses through international sanctions. As the US has increased diplomatic pressure on countries that import Iranian … Read More

Oil and Democracy Don’t Mix

November 1, 2011By Andy RowellBlog Post, Featured

I remember years ago going to a lecture by a senior executive from Premier Oil about operating in Burma and he said that oil men liked working in authoritarian regimes as they were much more predictable than democracies.  Ironically they were more stable. Over the last year, the Arab spring has challenged this concept to … Read More

The High Cost of Keeping Gas Prices Low

May 16, 2011By Andy RowellBlog Post, Featured

The subsidy battle raging in Washington at the moment is all about what are known as “production” subsidies. These are subsidies that are paid to the oil majors to keep the oil and gas flowing. But there is also another type of subsidy: this is where governments, often in countries producing oil or developing countries, … Read More

OPEC’s “Fictional” Comfort Blanket

March 9, 2011By Andy RowellBlog Post, Featured 1 Comment

Many people are now getting jittery about Saudi Arabia. Protesters in the Kingdom have called for a “day of rage” his Friday to show their dissatisfaction with King Abdullah’s regime. Meanwhile the King has tried to head off serious unrest in the country by pledging to boost spending on housing, social welfare and education. And … Read More