Energy Policy

The World’s Energy Order Is Changing

There have been many articles written about the social changes that may occur in the aftermath of the Great Shutdown. But one major change is already upon us, and it’s being powered by forces that began years before the coronavirus emerged. It’s occurring inside the global energy system. Since the …

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President Rouhani Calls for Plans to Minimize Crude Sales

President Hassan Rouhani in a phone call with Oil Minister Bijan Zanganeh called for advancing the plans and policies for boosting petroleum products in a bid to decrease the crude oil sales. Rouhani pointed to the government’s progress in economic programs during the past year without relying on oil revenues, …

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Effective Global Oil Cuts Above 19 MMbbl/d

Saudi Arabia’s energy minister said on April 13 that effective global oil supply cuts would amount to around 19.5 MMbbl/d, taking into account the reduction pact agreed by OPEC+, pledges by other G-20 nations and oil purchases into reserves. OPEC and allies led by Russia, a group known as OPEC+, …

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