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This Spells Big Trouble for the Russians

by Dr. Kent Moors | published December 3rd, 2013

It seems the shoe is on the other foot for a change, making for some interesting developments here in Moscow.

It’s the sixth time in as many years that I’ve been invited to give a briefing during the annual policy meetings held by the Ministry of Energy. This trip, however, is not like all the rest.

Instead of the usual certainty, there is a noticeable indecision in where Moscow plans to move next.  

As an OEI reader, you probably know the reason.  It’s unconventional crude and it’s completely changing the global landscape.

And while North America has been the focus of this new source of crude, it’s the global unconventional reserves that have started to change the dynamics in the cross-border energy balance.

Here’s why that has the Kremlin worried…

Four New "Profit Routes" Emerge in Oil

by Dr. Kent Moors | published December 18th, 2009

MOSCOW – Sergei Kudryashov likes pizza, poker and American jazz. He’s also deputy head of the Russian Ministry of Energy (Minenergo) and former VP at NK Rosneft OAO (LSE: ROSN), the No. 1 state-controlled oil producer.

I’ve known Sergei for almost two decades now. We compare notes whenever I’m in Moscow. This time, I briefed his team on key developments in the international oil markets. And, as usual, I came away from the meetings with some incredibly valuable information – information the public simply can’t get on its own.

So let me share what I’ve just learned. It’s a tremendous opportunity to profit from Russian oil – without investing a dime in the country itself. Indeed, as you’ll see in a minute, there are several ways to make money right here at home.

First, here’s what’s going on.

Why Russia’s Oil Fields Will Soon Be Crawling with Westerners

by Dr. Kent Moors | published December 11th, 2009

Western oil majors are about to help Moscow solve its energy problem. And that could be a boon for investors.

The traditional Russian oil fields in Western Siberia are well past peak production. Some satellite fields in the region remain, but the extraction gains will be marginal.

My sources in Russia’s Ministry of Natural Resources and Ecology (MNRE), the government entity responsible for distribution and oversight of development leases, now acknowledge that the country’s overall crude oil production could decline by more than 7% over the next several years.