Valdai Club

Habibe Ozdal

Natalia Orlova

Sergei Oznobishchev

Evgenia Obichkina

Lyudmila Okuneva

Andrei Ostrovsky

Rakhim Oshakbayev

Alan Ortiz

Olga Oliker

Stephen O’Sullivan

Ireland

Senior Visiting Research Fellow, Oxford Institute for Energy Studies, UK

Materials

Political Risks in Global Energy

There are numerous examples of political risk affecting the operations and profitability of oil and gas companies – sometimes very seriously. Stephen O’Sullivan, Senior Visiting Research Fellow at the Oxford Institute for Energy Studies, discusses the three main risks from a historical perspective.

Prospects for the Recovery of the Global Oil Market

The road to a balanced oil market is all driven by politics. Government stimulus packages will drive GDP recovery and energy demand - albeit from a lower base – and will certainly not be instantly effective; overproduction will probably be addressed by some understanding between Riyadh and Moscow, with perhaps informal help from the US government