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OPEC remains as relevant as ever: John Kemp

The Organization of the Petroleum Exporting Countries (OPEC) last week made no change to its production target despite a 40 percent slide in oil prices over just five months, causing some commentators to pronounce the cartel irrelevant.

If OPEC cannot act to defend the prices and revenues of its member countries, does the organisation still serve any purpose?

Entrepreneurship as a Vehicle for Youth Empowerment

Posted by Andy Rabens November 21, 2014

GES Youth Group Poses for a Photo at Cadi Ayyad University in Marrakech, Morocco 

COLUMN-Oil in Arcadia: North Dakota - by John Kemp

The State of New York produced just 1,000 barrels of oil per day in 2013, but consumed almost 620,000 barrels per day of refined fuels, according to the U.S. Energy Information Administration.
Virtually every gallon of gasoline which New York motorists put into their cars, and the fuel oil used to heat their homes and offices through the long, cold winter, was refined from oil produced outside the state.

Marinekommando: Facts and Figures on Germany´s Maritime Dependence - Annual Report 2014 Summary

Table of Contents
World Trade and World Economy 4 - 5
World Merchant Fleet 6 - 7
Canal Traffic 8-9
German Maritime Economy 10 - 11
German Merchant Fleet 12 - 13
German Foreign Trade 14 - 15
Maritime Cargo Handled in Germany 16 - 17
The German Fishing Industry 18 - 19

NEW Edition: Foreign Investment & US Manufacturing