Oil Revenues

OPEC Summit

The latest shakeup among Saudi decisionmakers will require Washington to work on new relationships in Riyadh and perhaps reconfirm understandings reached at last Tuesday’s summit. Just two days after President Obama’s visit to Riyadh, King Salman has sacked several of the princes who met with the U.S. delegation. According to U.S. and Saudi reporting of… Keep reading →

Kerry Testifies On Convention On The Rights Of Persons With Disabilities

Iran has agreed to an initial nuclear deal that will involving the country dialing back its nuclear program in exchange for six months of sanctions relief. Iran will gain access to over $4 billion in frozen oil revenues, as well as a suspension of sanctions on petrochemical exports. [Bloomberg] The deal will also “eas[e] of the… Keep reading →

Iraq Signs Contracts With Foreign Oil Companies

Hardly a bastion of security at the best of times, sectarian violence in post-war Iraq has trended upward over the past few months, with the number of dead – mostly from car bombs and reprisals – reportedly at a five-year high. However, despite deteriorating security, the country’s largest oil fields located in the southern region… Keep reading →

Exxon Valdez Oil Disaster 15 Years Later

With all the great speakers and presentations at the USAEE /IAEE North American Conference in Anchorage this week, it’s hard to pick and choose among so many well-expressed ideas. Our USAEE updates represent just a few of our favorite quotes from the ongoing events.  Alaska’s oil output has been falling steadily over the past several… Keep reading →