Author
Articles by Valentina Sokolov
Energy
What is OPEC+ and how does it set oil prices? Explained
A coalition of the OPEC cartel plus ten non-OPEC producers led by Russia that manages output through production targets. Its decisions, taken at meetings in Vienna, set the supply side of the world oil price.
Valentina Sokolov
Energy
Qatar says attacks wiped out 17 percent of its LNG capacity
QatarEnergy assessments reported March 19 find strikes on Ras Laffan knocking out about a sixth of the world's largest LNG export base for three to five years, with the UAE shutting gas facilities amid the escalation.
Valentina Sokolov
Energy
Saudi Arabia's nuclear program: what exists, and what is still pending
The kingdom wants large reactors and has research capacity operating, but no commercial nuclear plant is under construction: the big-reactor tender has run for years without a signed EPC. Where the program actually stands.
Valentina Sokolov
Energy
What happened to Egypt's Zohr gas boom?
Eni's 2015 discovery was the largest ever in the Mediterranean and made Egypt a gas exporter by 2018; decline and unpaid bills have since turned Cairo into a summer LNG importer. The arc, explained.
Valentina Sokolov
Energy
Iran declares indefinite Hormuz closure as war opens, oil surges
After US and Israeli strikes on Iran on February 28, Tehran declared the Strait of Hormuz indefinitely closed and fired on US Fifth Fleet facilities; Brent jumped from the low seventies toward levels last seen years ago.
Valentina Sokolov