On January 13, 2017, the Atlantic Council launched a major study on downstream oil theft at its inaugural Global Energy Forum in Abu Dhabi, United Arab Emirates. Downstream Oil Theft: Implications and Next Steps draws on the launch event to examine the implications of the study's findings and to suggest tangible next steps in both further investigating this global scourge and beginning to confront it effectively.
"At a time when Russia is deliberately challenging US allies and interests around the world, it is more important than ever for the United States to renew its global leadership role and unite our allies behind a comprehensive strategy to defend our values and interests…The strategy laid out by the Atlantic Council presents a clear-eyed and comprehensive approach to relations with Russia that highlights the potential for cooperation on areas of mutual interest, while acknowledging the severity of the Russian threat and the need for sustained, US-led engagement to defend shared values and interests." - Senator Rob Portman (R-OH)
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The European Union (EU), a vital partner for the United States, is facing numerous challenges, including massive migration flows, the UK’s vote to leave the EU (Brexit), and rising support for anti-EU and populist parties in upcoming elections in several European countries. In Charting the Future Now: European Economic Growth and its Importance to American Prosperity, the Atlantic Council’s EuroGrowth Initiative proposes pragmatic steps to restore European economic growth, safeguard the European project, and reinvigorate the transatlantic alliance.
As the new administration considers ways to ensure US national security and economic growth, a newly engaged Latin America presents a wealth of opportunity on myriad fronts: urbanization, human capital, open markets, energy reform, technology, and the fight against corruption. Diverse sectors of the United States are already on board: businesses investing in the region; NGOs working on the ground; and local and state governments with trade partners across the border.
Aleppo has been described as the Srebrenica, and the Rwanda, of our time. After more than four years of stalemate, and months of siege and battle, December 2016 saw the last of the population of the besieged eastern half of the city evacuated on the now-infamous green buses. The evacuation was the result of a crescendo of brutality. Years of indiscriminate bombings killed thousands, and destroyed much of the east of the city. They gave way to months of brutal siege, and finally, to weeks of bombardment and fighting. The final assault resembled the razing of a city and its last inhabitants.
A region in flux, the Mediterranean of today–and tomorrow–faces an array of complex challenges. Demographic shifts, evolving political and security contexts, economic uncertainty, and climate change have created massive migration flows and regional instability, straining resources in southern Europe. These and other drivers of change have highlighted the increased importance of developing a transatlantic security strategy for the region.
With the new US presidential administration of Donald J. Trump, a newly elected Congress, and the recent transformative developments in the US gas sector, a reassessment of the role of natural gas, energy policies, and impacts on international diplomacy are crucial. As the geopolitics of natural gas undergo significant shifts, the US has the opportunity to play the role of leader in the global gas markets with its newfound energy prowess as an emerging producer of natural gas and LNG exporter.
America’s future, and that of other nations and peoples, will be most secure in the long term with an emphasis on future prosperity unlocked by the Internet.
The problem is that there is no guarantee that the future of the Internet, and the larger entirety of cyberspace, will be as rosy as its past. It is possible, even likely, that the Internet will not remain as resilient, free, secure, and awesome for future generations as it has been for current ones.
Oil, gas, and renewable energy markets will face high levels of uncertainty and potentially extreme volatility under a Trump administration in 2017. Some of these uncertainties flow from questions about the new administration’s yet-undefined policies on energy production, trade, and climate policy. Others flow from the basket of national security risks that a new US President was destined to inherit.
Risk and uncertainty pervade decisions on petroleum investments and operations, raising the stakes for companies committing to multibillion dollar contracts often extending twenty or more years. The array of risk factors is diverse, requiring multidisciplinary analysis to decipher. New risks arise and others expand, raising the breadth and depth of challenges facing energy operators.