Categotry Archives: Geopolitics

ExxonMobil Resists

Real-world stuff has kept me away from the keyboard for the past month or so.  This will happen occasionally, but I have no intention of quitting the blog permanently.  If I do I’ll let you know, so please do keep checking back. While I was away ExxonMobil came under pressure from a minority of shareholders to adopt various climate change policies: After a long battle to even get on the agenda for ExxonMobil’s 2016 Annual Meeting, the company’s shareholders on […]

Igor another presentation for you

A post by Streetwise Professor reminds me that International Petroleum Week has just taken place, and once again Rosneft’s Igor Sechin played the role of conference comedian, this time by blaming “robots” for the collapse in the oil price.  Go and read the whole thing. Veteran readers may recall I wrote a post on Igor’s amateurish presentation at the 2015 International Petroleum Week which I described as follows: What follows is a rambling 20-page presentation cluttered full of data, graphs, […]


First up, Upstream Online brings us news of Alberta’s new climate change policy: Becoming a leader in climate change reform has been the Alberta government’s dream since the New Democratic Party took office in May 2015. Now that dream could be reality with a proposed new policy aimed at reducing carbon emissions and holding everyone — including the general public — accountable. Okay, that’s the facts out of the way. There were a lot of shiny happy people at the Alberta Legislature on […]

And everyone will have a pony

This, from the clot running Greenpeace, deserves a proper fisking: The world can more than afford to switch to 100% renewable energy as the savings in fuel usage will outweigh the cost of switching from fossil fuels, a new Greenpeace-backed study has claimed. Erm, if 100% renewable energy is cheaper than fossil fuels, then what is the “cost of switching from fossil fuels” he is talking about?  If it’s cheaper to switch to renewables, then there are no costs of […]

Nuclear Armed Internet Trolls

In May last year, contrary to what some are saying about Russia’s grand ambitions, I opined that half the problem is they are not grand enough.  For a nation that (making up the bulk of the USSR) put Sputnik into orbit followed by Yuri Gagarin and once had a monopoly on chess mastery, basing the entire future of the nation around pumping oil and gas into the world’s developing economies via two horrendously inefficient and decrepit state-run energy companies was […]

Igor a presentation for you

The Streetwise Professor has been pointed in the direction of a presentation made by none other than Igor Sechin at the recent International Petroleum Week held in London (shame the EU didn’t replicate the US travel ban).  As the Prof notes, Rosneft has rather naively posted the presentation on its website here (in case it gets removed, there’s a copy here). On Slide 2 of the presentation we have a long-winded disclaimer which looks as though it’s been copied and […]

Rouble Trouble

Back in September 2012, Russian president Vladimir Putin was feeling confident: Russia’s President Vladimir Putin has said its possible to use the rouble as a reserve currency. “We hear more and more statements about reserve currencies,” the president said at the APEC CEO summit, claiming the “Rouble can claim for the role of reserve currency. Let’s see how that’s working out in December 2014: Oh dear. The collapse of the ruble against the dollar is mainly the result of the […]

Let’s party like it’s 1968!

Monday saw Moscow talking tough on the sanctions saga: Russia’s Energy Minister has said Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull out of projects with Russia. “If (Western) companies decide for themselves not to take part in organising investment projects in the long term, we will invite investors from countries which have not imposed sanctions against us and our oil and gas companies,” RIA news agency […]

После него

Streetwise Professor has written a good post on the personality cult built up around Vladimir Putin: But perhaps the most telling indicator is the increasingly bizarre cult of personality being constructed around Putin. Putin’s apotheosis is occurring on his 62nd birthday. … A society that does this is not healthy. A society that does this is deeply insecure. A society that does this is desperate to believe that it is the hands of a savior because the alternative is too […]

What did you learn in school today?

What did you learn in school today, Dear little boy of mine? What did you learn in school today, Dear little boy of mine? I learned our government must be strong. It’s always right and never wrong. Our leaders are the finest men. And we elect them again and again. That’s what I learned in school today. That’s what I learned in school. -“What did you learn in school today?” by Tom Paxton Does anyone remember a Malaysian Airlines plane […]