scholarly journals Indonesia Rejoining OPEC: Dynamics of the Oil Importer and Exporter Countries

2016 ◽  
Vol 3 (2) ◽  
pp. 116 ◽  
Author(s):  
Muhammad Badaruddin

Reactivation of Indonesia’s full membership to the Organization of the Petroleum Exporting Countries (OPEC) triggered discussion surrounding global petroleum governance. The country which decided to suspend its full membership at the end of 2008, currently labelled as net oil importer. However, in OPEC terms Indonesia never really left, instead of the organization termed it as a "suspension”. Departing from the abovementioned context and perspectives, purpose of this essay is to answer the questions about the significance of the Indonesia’s membership reactivation to OPEC, and the strategic context of the reactivation in the current global oil market. In answering these questions, this article draws the dynamics of the relation of Indonesia and OPEC through the history in the first part and explores Indonesia’s interests in rejoining OPEC in the second one. In the third part, this essay will explore the possible benefit for OPEC as an organization as well as for its member countries could achieve by approving Indonesia’s request to reactivate its membership, despite its status as a net oil importer.

2021 ◽  
Author(s):  

Total global oil demand is expected to increase year-on-year (YoY) by 4.2 million barrels per day (MMb/d) in 2021 and further grow by 3.5 MMb/d in 2022, returning to 2019 levels by the third quarter (Q3) 2022. The International Monetary Fund (IMF) predicts economic growth of around 5.4% in 2021, compared with a decline in real gross domestic product (GDP) in 2020 of -4.4%. However, KOMO estimates a forecast more in line with the OECD’s outlook for growth (4.2%), which presumes that GDP levels will only reach 2019 levels by the end of 2021.


Author(s):  
Sarah Guzick ◽  
Nicholas Robinson

Recent increases in global demand for palm oil have resulted in rapid, widespread deforestation in Indonesia, making Indonesia the third largest emitter of greenhouse gases in the world. Although the Indonesian government has sought to pursue progressive environmental policies to curb deforestation, such as through REDD+, implementation has been hampered by legal loopholes, corruption and weak rule of law. This paper will examine two alternative carbon sequestration policies to REDD+: a drying up of the palm oil market and a buy-out of palm oil plantations.


2020 ◽  
Author(s):  

The global oil market moved into deficit in the third quarter of this year and is expected to remain in deficit during the next eight quarters. We expect the deficit to range between 3.4 – 0.1 million barrels per day (MMb/d) until OPEC ends its cuts in April 2022. The most significant drivers of the shift have been the recovery of global demand and the strong compliance of OPEC members and OPEC partners (OPEC+) with the production cuts agreed by OPEC+ at the group’s historic April meeting.


Author(s):  
Jean-Louis Fabiani

Durkheim was trained as a philosopher, taught philosophy, and never left the philosophical field. He started his career with standard philosophical equipment but also with a growing disenchantment about the eclectic and metaphysical mainstream that had survived the establishment of the Third Republic. Philosophy was too general to deal with the growth of scientific invention. Durkheim pursued simultaneously two goals: first, he established a firm demarcation line between philosophy and sociology, guaranteeing the full autonomy of the latter. Second, he benefited from his full membership in the philosophical institution. Rationalism remained his lifetime affiliation. It was largely based on a French version of neo-Kantianism. In the last part of his life, he engaged in a strong discussion with American pragmatism, as a way of clarifying his grasp of social practice.


2019 ◽  
pp. 231-252
Author(s):  
Anand Toprani

This chapter places oil at the center of the Third Reich’s plans for the economic exploitation of the Soviet Union. It begins by reviewing Germany’s preoccupation with the Caucasian oilfields during World War I. The chapter then considers the strategic context behind Germany’s decision to launch Operation Barbarossa in 1941. It moves on to review technical details of seizing and rehabilitating the Soviet oilfields. Time was running out for the Germans, however—their supply position was already tenuous by the spring of 1941, and by the autumn Germany had burned through its entire operational reserve even as the German war plan against the Soviet Union began to stall. The failure of Operation Barbarossa ultimately doomed the German war effort, since the Third Reich lacked the means to destroy the Soviet Union before the entry of the United States into the war tipped the scales irrevocably against Germany.


1951 ◽  
Vol 5 (3) ◽  
pp. 624-629

Meeting in Strasbourg on May 2, 1951, before the opening of the third session of the Consultaive Assembly, the eighth session of the Committee of the Ministers agreed that western Germany should be promoted from associate to full membership in the Council of Europe as it fulfilled, in their estimation, the requirements of the Statute. On the same day, Dr. Konrad Adenaur, Chancellor and Foreign Minister for the Federal Republic of Germany, joined the committee. The Saar was left, therefore, as the only associate member of the Council and its minister of the interior (Hector) attended committee meetings as an observer. The question of the Saar's future status was avoided by the Committee of Ministers in view of the German position that it should be completely dropped from membership.


Author(s):  
L. Razumnova ◽  
N. Svetlov

The aim of the article is to conduct a brief analysis of the main supposals (both of scientific and publicistic character), which as a whole give an insight into the key factors of oil price changes in the last ten years, and to suggest a peculiar model to explain such changes. The developed model proves empirically: 1) close interrelation between the world oil prices dynamics and the extent of the U.S. portfolio outstanding; 2) the existence of a cyclic financial means spill-over from the American stock market to the oil futures segment, and backwards; 3) sophistication of the oil market structure, its transformation to the commodity derivatives market.


Author(s):  
Ian Fielding

This chapter explores a model of collaborative authorship for the Sulpicia elegies in the Appendix Tibulliana ([Tib.] 3.8–18). These poems represent the largest corpus of extant women’s writing in Latin from pre-Christian antiquity—but their authenticity is doubted by some. Such doubts are partly prompted by the presentation of Sulpicia—especially the switch to the third person in 3.8, 3.10, 3.12. It is argued here, however, that Sulpicia would have been required partially to conceal her authorial identity; attention is drawn to the evidence of the place of Roman women at recitationes in Pliny’s Epistles. It is suggested that Sulpicia’s poetry may originally have been recited by a lectrix. The possibility is considered that Sulpicia’s poems might have been written in partnership with other members of her household. Finally, a reading of [Tib.] 3.13 shows Sulpicia reaching out to the literary community of which she was not allowed full membership, and inviting women readers to engage with her in collaboration.


1967 ◽  
Vol 31 ◽  
pp. 177-179
Author(s):  
W. W. Shane

In the course of several 21-cm observing programmes being carried out by the Leiden Observatory with the 25-meter telescope at Dwingeloo, a fairly complete, though inhomogeneous, survey of the regionl11= 0° to 66° at low galactic latitudes is becoming available. The essential data on this survey are presented in Table 1. Oort (1967) has given a preliminary report on the first and third investigations. The third is discussed briefly by Kerr in his introductory lecture on the galactic centre region (Paper 42). Burton (1966) has published provisional results of the fifth investigation, and I have discussed the sixth in Paper 19. All of the observations listed in the table have been completed, but we plan to extend investigation 3 to a much finer grid of positions.


1966 ◽  
Vol 25 ◽  
pp. 227-229 ◽  
Author(s):  
D. Brouwer

The paper presents a summary of the results obtained by C. J. Cohen and E. C. Hubbard, who established by numerical integration that a resonance relation exists between the orbits of Neptune and Pluto. The problem may be explored further by approximating the motion of Pluto by that of a particle with negligible mass in the three-dimensional (circular) restricted problem. The mass of Pluto and the eccentricity of Neptune's orbit are ignored in this approximation. Significant features of the problem appear to be the presence of two critical arguments and the possibility that the orbit may be related to a periodic orbit of the third kind.


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