Content
Thu, Nov 21, 2019
Finding a path forward for oil and gas companies in the energy transition
2019 appears to be ending bleakly for the old guard of the energy sector—recent third quarter (Q3) reporting paints a gloomy picture: across the industry, profits have plummeted despite rising oil production. Observers have blamed those results on several potentially transitory headwinds, but are they actually what's driving the concerning outlook?
EnergySource by Reed Blakemore and David Yellen
Mon, Nov 18, 2019
Nord Stream 2 poses challenges but also means opportunity for the European Union
With the Nord Stream 2 (NS2) pipeline’s completion date on the horizon, it is becoming apparent that the European Union (EU) is struggling to agree on how the project should be handled. What are the challenges and opportunities the situation present?
EnergySource by Martin Jirušek
Thu, Nov 14, 2019
Reauthorization of the Export-Import Bank is a national security imperative
The US House of Representatives is voting this week on a long-term reauthorization of the US Export-Import Bank. While a fully functional Ex-Im Bank is important for the competitiveness of many US exporters, it is essential for certain industries of strategic importance, including nuclear energy and space, and US security interests associated with these exports are also linked to the ability of Ex-Im Bank to support them.
EnergySource by Amb. Thomas Graham, Jr. and Admiral Richard W. Mies
Thu, Nov 14, 2019
Trans Adriatic Pipeline expansion
At least some of the energy security value of the Southern Gas Corridor (SGC) could be in question. While important details remain inaccessible to the public, if Gazprom, a Russian company, is able to book capacity in the expansion of the final leg of the SGC, known as the Trans Adriatic Pipeline (TAP), Gazprom would be able to use a project of strategic importance to European energy security to enhance its own position within European energy markets.
EnergySource by Daniel D. Stein
Wed, Nov 13, 2019
The Saudi Aramco IPO: A valuation saga
The Saudi stock exchange in Riyadh has approved the trading of Saudi Aramco’s shares on the local stock market, signaling a rapid start to the initial public offering (IPO). The various investment banks looking to place and sell the shares to their clients have given widely different, but generally low, value to the company and the shares.
EnergySource by Jean-François Seznec
Tue, Nov 5, 2019
Two frameworks for understanding the Aramco IPO
The recent announcement that the partial initial public offering (IPO) of Saudi Aramco is finally moving forward is either a cause for celebration or consternation, depending on your perspective. The divergence in views comes from the way in which market players and analysts understand the IPO and the role of Aramco in the Saudi economy.
EnergySource by Randolph Bell
Thu, Oct 31, 2019
Amb. Richard L. Morningstar’s address to the 2019 Gas Asia Summit
If the story of the last decade in natural gas has been a production boom, the story of the next decade will be how that production can support Asia’s demand boom. The opportunities are immense—the challenges are as well.
EnergySource by Richard L. Morningstar
Tue, Oct 22, 2019
Don’t let the impeachment inquiry interfere with support for Ukraine’s energy independence
We must not lose sight of the fact that an independent Ukraine has been a basic bipartisan tenet of American foreign policy since it broke away from the Soviet Union almost thirty years ago. Reform of Ukraine’s energy sector has been an integral part of that policy, and we cannot let our current domestic political dynamic disrupt a monumental decision point that will determine the future of that industry.
EnergySource by Richard L. Morningstar
Mon, Oct 21, 2019
What is the value of the US nuclear power complex to US national security?
Nuclear energy provides critical economic, energy security, defense, foreign policy, scientific, technological, and environmental benefits. In the US, the civilian nuclear energy industry contributes at least $42.4 billion annually to the pursuit of US national security priorities.
EnergySource by Becca Hunziker
Thu, Oct 17, 2019
The ‘principle of solidarity’: OPAL, Nord Stream, and the shadow over Gazprom
The OPAL judgment in Case T-883/16 "Republic of Poland v. European Commission" from the EU General Court will undermine Gazprom’s market dominance in Central and Eastern Europe.
EnergySource by Alan Riley