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OILFIELD EQUIPMENT NEAR EDMONTON, CANADA
The world may be split into semi-discrete energy market trading blocs. Income, expenditure and services (such as for rigs and drilling equipment) flow into and out of these regions when regional economies develop and when new oil and gas plays are identified.
Globalshift subdivides the world into 6 large continental regions which together contain 15 sub-regions.
North America has no sub-regions. Latin America has been subdivided into Central America (including Mexico for geopolitical reasons), and South America. Europe is subdivided into Northwest Europe, Southern Europe, and Eastern Europe (including both European and Asian parts of Russia for convenience).
Africa is subdivided into North & Northwest Africa, West Africa, and South & East Africa whilst the Middle East is subdivided into Arabia & Persia, and East Mediterranean (including Turkey for geopolitical reasons). Finally the Asia-Pacific region is subdivided into Central Asia, North Asia, South Asia, Southeast Asia, and Australasia.
In addition a number of political groups, including OPEC and the European Union, are defined and analysed.
Click on a region or political grouping below: