Apec Energy Overview 2019
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Heads of State Heads of Government Ministers For
UNITED NATIONS HEADS OF STATE Protocol and Liaison Service HEADS OF GOVERNMENT PUBLIC LIST MINISTERS FOR FOREIGN AFFAIRS COUNTRY HEAD OF STATE HEAD OF GOVERNMENT MINISTER FOR FOREIGN AFFAIRS AFGHANISTAN His Excellency Same as Head of State His Excellency Mr. Mohammad Ashraf Ghani Mr. Mohammad Haneef Atmar Full Title President of the Islamic Republic of Acting Minister for Foreign Affairs of the Islamic Afghanistan Republic of Afghanistan Date of Appointment 29-Sep-14 04-Apr-20 ALBANIA His Excellency His Excellency same as Prime Minister Mr. Ilir Meta Mr. Edi Rama Full Title President of the Republic of Albania Prime Minister and Minister for Europe and Foreign Minister for Europe and Foreign Affairs of the Affairs of the Republic of Albania Republic of Albania Date of Appointment 24-Jul-17 15-Sep-13 21-Jan-19 ALGERIA Son Excellence Son Excellence Son Excellence Monsieur Abdelmadjid Tebboune Monsieur Abdelaziz Djerad Monsieur Sabri Boukadoum Full Title Président de la République algérienne Premier Ministre de la République algérienne Ministre des Affaires étrangères de la République démocratique et populaire démocratique et populaire algérienne démocratique et populaire Date of Appointment 19-Dec-19 05-Jan-20 31-Mar-19 21/08/2020 Page 1 of 66 COUNTRY HEAD OF STATE HEAD OF GOVERNMENT MINISTER FOR FOREIGN AFFAIRS ANDORRA Son Excellence Son Excellence Son Excellence Monseigneur Joan Enric Vives Sicília Monsieur Xavier Espot Zamora Madame Maria Ubach Font et Son Excellence Monsieur Emmanuel Macron Full Title Co-Princes de la Principauté d’Andorre Chef du Gouvernement de la Principauté d’Andorre Ministre des Affaires étrangères de la Principauté d’Andorre Date of Appointment 16-May-12 21-May-19 17-Jul-17 ANGOLA His Excellency His Excellency Mr. -
The Cost of Pipeline Constraints in Canada by Elmira Aliakbari and Ashley Stedman
FRASER RESEARCH BULLETIN FROM THE CENTRE FOR NATURAL RESOURCE STUDIES May 2018 The Cost of Pipeline Constraints in Canada by Elmira Aliakbari and Ashley Stedman MAIN CONCLUSIONS Despite the steady growth in crude oil From 2013 to 2017, after accounting for available for export, new pipeline proj- quality differences and transportation ects in Canada continue to face delays costs, the depressed price for Canadian related to environmental and regula- heavy crude oil has resulted in CA$20.7 tory impediments as well as political billion in foregone revenues for the Ca- opposition. nadian energy industry. This significant loss is equivalent to almost 1 percent of Canada’s lack of adequate pipeline ca- Canada’s national GDP. pacity has imposed a number of costly constraints on the nation’s energy sec- In 2018, the average price differen- tor including an overdependence on tial (based on the first quarter) was the US market and reliance on more US$26.30 per barrel. If the price differ- costly modes of energy transportation. ential remains at the current level, we These and other factors have resulted estimate that Canada’s pipeline con- in depressed prices for Canadian heavy straints will reduce revenues for Cana- crude (Western Canada Select) relative dian energy firms by roughly CA$15.8 to US crude (West Texas Intermediate) billion in 2018, which is approximately and other international benchmarks. 0.7 percent of Canada’s national GDP. Between 2009 and 2012, the average Insufficient pipeline capacity has re- price differential between Western sulted in substantial lost revenue for Canada Select (WCS) and West Texas the energy industry and thus imposed Intermediate (WTI) was about 13 per- significant costs on the economy as a cent of the WTI price. -
Politics in Papua New Guinea 2017–20: from O'neill to Marape
Politics in Papua New Guinea 2017–20: From O’Neill to Marape R.J. May Discussion Paper 2020/3 The author has been chronicling the politics of Papua prosecutor); and amendments to the constitution and New Guinea (PNG) for decades, and this Discussion the Organic Law on the Integrity of Political Parties and Paper constitutes the most recent instalment in that Candidates (the general effects of which were to make body of work. It is hoped this account will assist it more difficult to remove a sitting government, which observers of the latest developments in the fast- attracted successful challenges). moving and frequently unpredictable world of political By 2015, popular opposition to O’Neill was growing contestation in PNG. and there were calls for him to step down. In October In an earlier paper, I surveyed the events in PNG that year, a protest rally in Port Moresby was broken politics from the political coup against incumbent up by police, with several protesters injured in the prime minister Sir Michael Somare in 2011 through confrontation. The following year saw students at to early 2017, preceding the country’s ninth post- the country’s four state universities initiate a boycott independence general election (May 2017). During this of classes in protest against the government; they time, PNG was governed by a coalition headed by Peter were supported by the PNG Trade Union Congress, O’Neill. That paper, which detailed the way O’Neill a coalition of civil society groups that called for a came to power — in defiance of two Supreme Court National Disobedience Day and opposition politicians decisions in 2011–12 and then through legitimate who sought a parliamentary vote of no confidence. -
GAO-07-315 Crude Oil: California Crude Oil Price Fluctuations Are
United States Government Accountability Office GAO Report to Congressional Requesters January 2007 CRUDE OIL California Crude Oil Price Fluctuations Are Consistent with Broader Market Trends a GAO-07-315 January 2007 CRUDE OIL Accountability Integrity Reliability Highlights California Crude Oil Price Fluctuations Highlights of GAO-07-315, a report to Are Consistent with Broader Market congressional requesters Trends Why GAO Did This Study What GAO Found California is the nation’s fourth California crude oil price differentials have experienced numerous and large largest producer of crude oil and fluctuations over the past 20 years. The largest spike in the price differential has the third largest oil refining began in mid-2004 and continued into 2005, during which the price industry (behind Texas and differential between WTI and a California crude oil called Kern River rose Louisiana). Because crude oil is a from about $6 to about $15 per barrel. This increase in the price differential globally traded commodity, natural and geopolitical events can affect between WTI and California crude oils occurred in a period of generally its price. These fluctuations affect increasing world oil prices during which prices for both WTI and California state revenues because a share of crude oils rose. Differentials between WTI and other oils also expanded in the royalty payments from the same time period. The differentials have since fallen somewhat but companies that lease state or remain relatively high by historical standards. federal lands to produce crude oil are distributed to the states. Recent trends in California crude oil price differentials are consistent with a number of changing market conditions. -
U.S.-Canada Cross- Border Petroleum Trade
U.S.-Canada Cross- Border Petroleum Trade: An Assessment of Energy Security and Economic Benefits March 2021 Submitted to: American Petroleum Institute 200 Massachusetts Ave NW Suite 1100, Washington, DC 20001 Submitted by: Kevin DeCorla-Souza ICF Resources L.L.C. 9300 Lee Hwy Fairfax, VA 22031 U.S.-Canada Cross-Border Petroleum Trade: An Assessment of Energy Security and Economic Benefits This report was commissioned by the American Petroleum Institute (API) 2 U.S.-Canada Cross-Border Petroleum Trade: An Assessment of Energy Security and Economic Benefits Table of Contents I. Executive Summary ...................................................................................................... 4 II. Introduction ................................................................................................................... 6 III. Overview of U.S.-Canada Petroleum Trade ................................................................. 7 U.S.-Canada Petroleum Trade Volumes Have Surged ........................................................... 7 Petroleum Is a Major Component of Total U.S.-Canada Bilateral Trade ................................. 8 IV. North American Oil Production and Refining Markets Integration ...........................10 U.S.-Canada Oil Trade Reduces North American Dependence on Overseas Crude Oil Imports ..................................................................................................................................10 Cross-Border Pipelines Facilitate U.S.-Canada Oil Market Integration...................................14 -
Dragoman Digest. 28.08.2020
Dragoman Digest. 28.08.2020 Australia’s trade with China – back in the spotlight China looks to be making efforts to diversify away from reliance on Australia Last week China announced it would open an anti-dumping investigation into Australian wine exports, reigniting debate over the two countries’ trading relationship. Fortunately for the Australian economy, exports of iron ore and coal – worth AU$63 billion and AU$14 billion in 2018/19, respectively – have thus far not been affected by political tensions. Exports of coking and thermal coal increased in the first half of the year, while iron ore exports hit a record high in June. However, China appears to be making efforts to wean itself away from reliance on Australian natural resources. In June, a Chinese-backed consortium won preliminary approval to develop the Simandou mine in Guinea – the world’s largest untapped source of iron ore. China has also made other investments in Liberia and Sierra Leonne and recently opened up four new domestic ports for so called ‘Chinamax’ ships – potentially paving the way for additional iron shipments from Africa and Brazil. China is pushing ahead to develop Thar Block-I, Pakistan’s largest coalfield. Developing these mines and the necessary infrastructure will of course take considerable time. Political instability remains a challenge in most of these countries and it is unclear whether these new sources of coal and iron ore will be competitive with Australian exports on price and quality. Nonetheless, China’s infrastructure building spree and reliance on coal will not last forever. Policymakers may eventually need to grapple with the possibility that Chinese demand for Australia’s resources is not inexhaustible. -
Note by the President of the General Assembly
United Nations A/75/592/Add.7 General Assembly Distr.: General Seventy-fifth session 13 January 2021 Original: English Seventy-fifth session Agenda item 8 General debate Note by the President of the General Assembly I have the honour to circulate, pursuant to decision 74/562 of 22 July 2020, the present compilation document of the statements delivered by Heads of State or other dignitaries by means of pre-recorded statements during the general debate and submitted to the President no later than the day on which the pre-recorded statement is played in the Assembly Hall. The statements contained in the present document were delivered on the afternoon of Friday, 25 September 2020, at the 11th meeting of the General Assembly (see A/75/PV.11). Document A/75/592 and its addenda 1 through 11 contain the statements delivered in the 4th through the 15th meetings of the General Assembly (A/75/PV.4-A/75/PV.15). In accordance with decision 74/562, and without setting a precedent for mandated high-level meetings planned for future high-level weeks, the official records of the General Assembly will be supplemented by annexes containing pre-recorded statements submitted by Heads of State or other dignitaries, submitted to the President no later than the day on which such statements are delivered in the Assembly Hall. Submissions in this regard should be made to [email protected].. 21-00393 (E) *2100393* A/75/592/Add.7 13/01/2021 Kiribati (see also A/75/PV.11, annex I) Address by Mr. -
The Role of Financial Markets in the Pricing of Crude Oil: An
THE ROLE OF FINANCIAL MARKETS IN THE PRICING OF CRUDE OIL: AN EXAMINATION OF OIL PRICING THROUGH THE STRUCTURAL CHANGES OF THE EARLY TWENTY-FIRST CENTURY A DISSERTATION IN Economics and Social Sciences Presented to the Faculty of the University of Missouri-Kansas City in partial fulfillment of the requirements for the degree DOCTOR OF PHILOSOPHY by STEPHANIE LEIGH SHELDON B.A., Webster University, 2005 Kansas City, Missouri 2016 © 2016 STEPHANIE LEIGH SHELDON ALL RIGHTS RESERVED THE ROLE OF FINANCIAL MARKETS IN THE PRICING OF CRUDE OIL: AN EXAMINATION OF OIL PRICING THROUGH THE STRUCTURAL CHANGES OF THE EARLY TWENTY-FIRST CENTURY Stephanie L. Sheldon, Candidate for the Doctor of Philosophy University of Missouri-Kansas City, 2016 ABSTRACT The debate over the causes of the path of the price of oil over the twenty-first century has failed to address the method of oil pricing. The thesis guiding this dissertation is that the crude oil pricing method constrains the influence of financial investors in oil futures via (1) a two-part price system, (2) the role of both spot and contract markets, and (3) the connections between the futures market and the specific physical market related to the futures contract. Market participants construct the pricing method and adjust it through historical time and context, similar to methods of pricing found in manufacturing and retail markets. The details of the physical oil market, grounded in the pricing method, leads to the application in chapter 5. The chapter examines the behavior of prices for WTI and Brent-related futures markets as well as for one light sweet and one medium sour crude oil at the US Gulf coast. -
Database Americas, W Europe, C&E Europe, Africa, Oceania DONE.Xlsx
Country Position Name Email Twitter Australia Prime Minister Mr. Scott Morrison Twitter: @Scott Morrison Minister of Foreign Affairs Ms. Marise Payne [email protected] Twitter: MarisepayneMP UN Ambassador in New York H.E. Mr. Mitch Fifield [email protected] Twitter: @AustraliaUN Disarmament Ambassador in GenevaH.E. Ms Sally Mansfield [email protected] Fiji President Mr. Jioji Konrote Minister of Foreign Affairs Mr. Frank Bainimarama [email protected] Twitter: @FijiPM UN Ambassdor in New York H.E. Ms. Satyendra Prasad [email protected] Twitter: @ThomsonFiji UN Ambassdor in Geneva H.E. Mrs. Nazhat Shameen Khan, [email protected] Indonesia President Mr. Joko Widodo [email protected] Twitter: Jokowi_ID Minister of Foreign Affairs Mr. Retno Marsudi [email protected] Twitter: Portal_Kemlu_RI UN Ambassdor in New York H.E. Mr. Dian Triansyah Djani [email protected] Twitter: @indonesiaunny UN Ambassdor in Geneva H.E. Mr. Hasan Kleib [email protected] Marshall Islands President Mr. David Kabua Twitter: @President_Heine Minister of Foreign Affairs Mr. Jalan Subok [email protected] Twitter: @MinisterSilk UN Ambassdor in New York H.E. Ms. Amatlain Elizabeth Kabua [email protected] Twitter: @RMIMission UN Ambassdor in Geneva H. E. Ms. Doreen Debrum [email protected] New Zealand Prime Minister Ms Jacinda Ardern [email protected] Twitter: @MFATgovtNZ Minister of Foreign Affairs Mr. Winston Peters [email protected] Twitter: @NZUN UN Ambassdor in New York H.E. Mr. Craig John Hawke [email protected] Disarmament Ambassador H.E. Mrs Dell Higgie [email protected] Papua New Guinea Prime Minister Mr. -
The Executive Survey General Information and Guidelines
The Executive Survey General Information and Guidelines Dear Country Expert, In this section, we distinguish between the head of state (HOS) and the head of government (HOG). • The Head of State (HOS) is an individual or collective body that serves as the chief public representative of the country; his or her function could be purely ceremonial. • The Head of Government (HOG) is the chief officer(s) of the executive branch of government; the HOG may also be HOS, in which case the executive survey only pertains to the HOS. • The executive survey applies to the person who effectively holds these positions in practice. • The HOS/HOG pair will always include the effective ruler of the country, even if for a period this is the commander of foreign occupying forces. • The HOS and/or HOG must rule over a significant part of the country’s territory. • The HOS and/or HOG must be a resident of the country — governments in exile are not listed. • By implication, if you are considering a semi-sovereign territory, such as a colony or an annexed territory, the HOS and/or HOG will be a person located in the territory in question, not in the capital of the colonizing/annexing country. • Only HOSs and/or HOGs who stay in power for 100 consecutive days or more will be included in the surveys. • A country may go without a HOG but there will be no period listed with only a HOG and no HOS. • If a HOG also becomes HOS (interim or full), s/he is moved to the HOS list and removed from the HOG list for the duration of their tenure. -
The Spectre of Weakening Prices
Oil & gas macro outlook The spectre of weakening prices 16 August 2010 Crude oil and refined product markets are in significant surplus currently which sets the scene for some near-term weakness in prices. A lacklustre price trend Analysts Peter J Dupont 020 3077 5700 is also expected to extend into 2011 reflecting the likely persistence of well Neil Shah 020 3077 5715 supplied markets and historically high inventories. Weak fundamentals relate to Ian McLelland 020 3077 5700 OPEC and non-OPEC supply additions and an increasingly lacklustre economic Elaine Reynolds 020 3077 5700 [email protected] backdrop. For institutional enquiries please contact: Alex Gunz 020 3077 5746 Crude oil supply/demand outlook Gareth Jones 020 3077 5704 [email protected] The upward trend in US and OECD inventories over the past year or more points to a crude oil market in surplus. Inventories are now close to 20-year and at least WTI vs Brent 12-year highs respectively. For 2010 we look for a supply surplus of at least 90 0.5mmb/d and approximate balance in 2011. 70 50 Crude oil prices $ barrel per 30 Light crude oil prices have trended broadly flat since the end of the third quarter of 2009. Prices firmed in the month to early August 2010 with West Texas Jul/09 Jul/10 Apr/09 Apr/10 Jan/10 Jan/09 Oct/09 Intermediate (WTI) hitting a recent high of $82.6/barrel. Subsequently, prices have Brent WTI AIM Oil & Gas Index come under significant pressure taking WTI down to $78.4/barrel on August 11, 7000 reflecting rising inventories and bearish US and China macroeconomic news. -
Quality and Chemistry of Crude Oils
Journal of Petroleum Technology and Alternative Fuels Vol. 4(3), pp. 53-63, March 2013 Available online at http://www.academicjournals.org/JPTAF DOI:10.5897/JPTAF12.025 ©2013 Academic Journals Full Length Research Paper Quality and chemistry of crude oils Ghulam Yasin1*, Muhammad Iqbal Bhanger2, Tariq Mahmood Ansari1, Syed Muhammad Sibtain Raza Naqvi3, Muhammad Ashraf1, Khizar1 Ahmad and Farah Naz Talpur2 1Department of Chemistry Bahauddin Zakariya University, Multan 60800, Pakistan. 2National Centre of Excellence in Analytical Chemistry, University of Sindh, Jamshoro 76080, Pakistan. 3HDIP Petroleum Testing Laboratory, Multan, Pakistan. Accepted 25 January, 2013 Physico-chemical characteristics such as API (American Petroleum Institute gravity) specific gravity, pour point, Calorific value, Kinematic viscosities, Reid vapour pressure, Copper corrosion, Water and sediments, Total Sulphur, Distillation range (I.B.P.F.B.P., Total recovery), residue and hydrocarbon contents (saturates, aromatics and polar) of crude oils collected from different oil fields of North (Punjab) and South (Sindh) regions of Pakistan have been evaluated using standard ASTM (American Society for Testing and Material) procedures. The results of North Region (Punjab) and South Region (Sindh) crude oils have been compared with each other. Punjab crude oils are better than Sindh crude oils because these have low specific gravity, low sulphur contents, low viscosity and low pour point. All the tested samples are of sweet type on the basis of total sulfur contents except three (L, N, O) samples of south (Sindh) region which are of sour type. All the tested samples belongs to the class light crude oil on the basis of API gravity except one (N) sample which belongs to the medium class.