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Viktor Katona

Contributor since: 20 Feb 2017

Viktor Katona

Viktor Katona is an Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest.

Disclaimer: views set out in Viktor's articles are solely those of the author in his private capacity.

Latest articles from Viktor

  • Russia’s Kurdish Pipeline Gamble

    Published 20 September 2017 | viewed 17,913 times

    Rarely does one see such a multi-faceted move as Rosneft declaring it will build a $1 billion pipeline bringing gas from Iraqi Kurdistan to Turkey.…

  • The World’s Largest Offshore Oil Field Is Back In Action

    Published 18 September 2017 | viewed 40,060 times

    Without much international fanfare, the world’s largest offshore oil field and the largest discovered in the last 40 years, Kazakhstan’s Kashagan Field, is on the…

  • Can Russia Develop Its Shale Reserves?

    Published 05 September 2017 | viewed 21,585 times

    Russia’s tight oil will play an increasingly important role in its oil output, underpinned by the fact that 20 percent of its current reserves already…

  • Gazprom’s Gas Dominance Grows In Europe

    Published 04 September 2017 | viewed 14,968 times

    It is doubtful that there could be a less appropriate time to increase Russian gas exports to Europe, yet that is exactly what Gazprom is…

  • Russia’s Comeback In The LNG Race

    Published 31 August 2017 | viewed 17,758 times

    In a little more than a month’s time, Russia will formalize its claim for a bigger role in the ever-expanding global LNG market. Early October,…

  • The Slow Death Of Nuclear Power In Europe

    Published 30 August 2017 | viewed 25,910 times

    Nuclear energy has been moving away from power-rich countries to nations bereft of diverse power generation opportunities, all the more so after the 2011 Fukushima…

  • Russia Eyes Rapid Middle East Energy Expansion

    Published 09 August 2017 | viewed 11,693 times

    Having battled through the travails of an ever-tightening sanctions regime and a prolonged economic downturn, which in most cases led to a freezing up or…

  • Against All Odds: The Return Of An Oil Giant

    Published 01 August 2017 | viewed 10,452 times

    Only a year ago, the Brazilian state company Petrobras seemed a complete basket case, an exemplary case of how not to lead a company that…

  • Why Are Majors Shying Away From Gazprom?

    Published 27 July 2017 | viewed 14,000 times

    Despite being the operator of Russia’s only operating LNG project, Sakhalin II, Gazprom has experienced quite a bit of misfortune with its pursuits. Its flagship…

  • The Abrupt Demise Of Dutch Gas

    Published 20 July 2017 | viewed 17,164 times

    The largest and oldest-producing gas field in Western Europe, the Groningen field, is on the verge of being shut down. If that happens, it will…

  • Settling The Ukrainian Gas War

    Published 20 July 2017 | viewed 13,489 times

    The conflict between Ukraine and Russia has taken on many facets, of which the energy-related ones are seemingly the easiest ones to solve. As Kiev…

  • How To Successfully Privatize A National Oil Company

    Published 10 July 2017 | viewed 20,156 times

    Budgetary pressure, falling revenues, cost-cutting measures and general ambiguity – just a few of the characteristic traits that have marked the latest oil price recession…

  • Putin’s Newest Oil Play: Russia Gains Foothold In Iraqi Oil Patch

    Published 13 June 2017 | viewed 22,467 times

    The Kurds of Iraq are going through one of their most tumultuous periods of history. On the verge of finally seeing the much-heralded independence referendum,…

  • Is Russia Running Out Of Patience With OPEC?

    Published 07 June 2017 | viewed 30,147 times

    Fulfilling its promise to all other signatories of the Vienna deal, Russia has cut its crude production by 300 000 barrels per day. The relative ease…

  • The Biggest Hoaxes In The Oil Market

    Published 30 May 2017 | viewed 30,353 times

    The most traded commodity of the 21st century, oil is an essential factor to both oil-producing and oil-importing nations’ financial stature, and consequently it remains…

  • What Is Behind The Surge Of Russian Oil Exports To India?

    Published 25 May 2017 | viewed 24,193 times

    In the first five months of 2017, Indian companies have purchased more than 1 million tons of Russian crude supplied from Black Sea ports. In…

  • Russia Reemerges As China’s Top Crude Supplier

    Published 17 May 2017 | viewed 16,175 times

    Even a layman with no specific interest in international affairs could observe that the Russo-Chinese relationship has reached new heights in the last few years.…

  • Low Oil Prices Won’t Deter Russia From Arctic Drilling

    Published 22 April 2017 | viewed 24,186 times

    In the wake of the recently organized Arctic Summit in Arkhangelsk and Rosneft getting drilling activities underway in the Laptev Sea, one cannot help but…

  • Can Lenin Solve Ecuador's Oil Crisis?

    Published 13 April 2017 | viewed 16,386 times

    100 years after the Great Russian Bolshevik Revolution, Lenin has once again seized power. Lenín Moreno, a socialist candidate and former UN Envoy on Disability…

  • When Will Russia Run Out Of Oil?

    Published 04 April 2017 | viewed 73,084 times

    On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of…

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