The sanctions imposed on Russia over the past three weeks have been among the most stringent on any country in modern times. Kenneth Rogoff of Harvard University, a former chief economist at the International Monetary Fund, described the freeze on the assets of Russia’s central bank, in particular, as “an absolutely radical measure… a break-the-glass .
Supermajors have shown tremendous discipline as oil prices soared to multi-year highs, but now they appear to be ready to begin boosting capital spending
Wood Mackenzie’s Global Energy Summit Upstream Focus Day has addressed some of the biggest issues facing the industry. How will the upstream industry use an incoming US$1 trillion price windfall? Should Asian governments be doing more to resuscitate declining gas production? And what is the future for exploration in this region? In previous upcycles the .