What Do You Know About The IPC By-Law?

On 3 August 2016, the Council of Ministers of Iran approved a document described as the by-law governing the IPCs (the “By-law”). It should be noted that the By-law approved is not the Iran Petroleum Contract (the “IPC”). The IPC is still being finalised by the National Iranian Oil Company (the “NIOC”). The By-law was […]

Good, Bad and Ugly; World Energy Investment Outlook 2014

How can world invest wiser on energy? Problems, risks and opportunities in 2014-2035 world energy investment outlook.   Bad (I know, bad comes first here!) According to IEA in World Energy Investment Outlook 2014, 80% of  upstream oil & gas investment offsets output declines at today’s fields. Also one-third of power generation investment is to replace plants […]

Has America Lost It’s Ability to Compete?

Well, the Harvard Business School’s survey suggest that it has (HBS survey). The survey is very comprehensive and covers not only the school’s alumni, but also it includes the business community. Interestingly enough, president Obama’s recent speech about the fiscal budget at Knox College (report on BBC) touched on a few key areas of the […]

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