Reflection on the implications that unconventional resources have for OPEC

Credits of the photo to OPEC

The OPEC (Organization of the Petroleum Exporting Countries) acknowledged the impact of the incorporation of unconventional resources into the market in the 166^th and 167^th member meetings. With ambiguity, they do not clearly express their opinion about the relation between unconventional resources and the cause of the volatility of the market in the past year.

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Reflection on unconventional energy resources

The panorama of the energy market in the past couple of years has become relevant to the least, to draw enough attention and reflect upon it.

Today, unconventional energy resources have become a reality in the energy world. Shale gas and tight oil or the revival of the LNG market are topics oftenly read across numerous media outlets.

This reflection is to review the role of energy as a subject that has influenced actors, not only in the energy world, but globally. As a recurring topic in some of the posts previously published in the blog, energy security serves as the perspective to analyse the issue.