Small Island Developing States in the Caribbean are transitioning from legacy energy supplies based on refined products to renewable sources including solar, wind and biofuels. The region also has significant oil and gas potential, but unresolved border issues have discouraged its exploitation.
Fuel oil crack spreads have shown unexpected strength in the northern hemisphere summer as production cuts by OPEC and non-OPEC producers have tightened supply.
Peter recently qualified as an Executive Coach after completing a course in psychosynthesis leadership coaching at Middlesex University. He is passionate about using coaching more actively in the workplace, and also in the Resource Economist training courses on energy fundamentals, markets and pricing.
Iran’s deputy oil minister, Amir Hossein Zamaninia, said at the World Petroleum Congress in Istanbul this week that his country planned to ramp up gas production to nearly 1.37 billion cubic metres per day and oil production to around 5 million barrels per day (MMb/d) by 2021.