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EnergySource

May 6, 2020

Safeguarding the Red Sea amid the coronavirus: Preventing the spill of the FSO SAFER

By Dr. David Soud, Dr. Ian Ralby, and Rohini Ralby

The global COVID-19 pandemic has taken hundreds of thousands of lives and caused unprecedented harm to the global economy. At the same time, the pandemic has diverted global attention away from other matters of concern, notably the Floating Storage and Offloading Vessel (FSO) SAFER, a converted oil tanker moored four miles off the coast of Ras Isa, Yemen, in the Red Sea continuing to degrade after years of neglect. If no action is taken, the SAFER will spill as much as 1.14 million barrels of Marib Light crude into the water. Much of the world’s activity may be on hold, but the ongoing corrosion on the SAFER is not taking a break to wait out the pandemic.

Coronavirus Energy & Environment

EnergySource

Apr 21, 2020

In the wake of a pandemic: Coronavirus impacts on clean energy and climate action

By Zachary Strauss

Amid the haze of uncertainty wrought from coronavirus and oil market fallout, clean energy actors will not take a backseat as the world evolves. As the status quo dissolves before a global crisis, and fossil energy markets grow increasingly volatile, renewables and clean tech have an opportunity to chart a new path forward amid the recovery.

Coronavirus Energy & Environment

EnergySource

Apr 20, 2020

Containing Russian influence in Venezuela

By David L. Goldwyn and Andrea Clabough

The Russian government has been instrumental in preserving the Maduro regime, despite years of intense domestic and international pressure favoring a democratic transition, providing the regime invaluable diplomatic leverage, security personnel, and material, as well as an economic lifeline. The US strategy for a democratic Venezuela must recognize these realities and focus on containing Russian influence in Venezuela, as it cannot end it.

Economic Sanctions Economy & Business

EnergySource

Apr 14, 2020

Can hydrogen reconcile energy demand with climate concerns?

By Mitali Mirle

Hydrogen technology represents a promising, multifaceted pathway that could offer many industries a new strategy for navigating the transition to net zero emissions. However, the current cost of deployment seems to be the biggest obstacle for widespread adoption.

Climate Change & Climate Action Energy Transitions

EnergySource

Apr 9, 2020

Hurdles to OPEC++

By Phillip Cornell

This week in oil markets has an air of suspended animation. Will an international production deal materialize? The answer is “perhaps,” but probably not in the volumes necessary to balance the market and only after Moscow extracts concessions.

Geopolitics & Energy Security Oil and Gas

EnergySource

Mar 26, 2020

Stimulus bill’s lack of funding for the SPR and clean energy is a lose-lose for the country

By Randolph Bell

Not including $3 billion for purchase of crude for the Strategic Petroleum Reserve (SPR) or support for clean energy initiatives in the soon-to-be passed $2 trillion stimulus package is a missed opportunity and a lose-lose for US energy security and leadership on climate action.

Coronavirus Energy Markets & Governance

EnergySource

Mar 12, 2020

Oil market meltdown?

By John Soughan

Over the weekend of March 7–8, the breakdown of the previous oil production agreement between Russia and Saudi Arabia led to the broader collapse of the arrangement between OPEC and OPEC+. What will the rift will mean for the global oil market?

Coronavirus Energy Markets & Governance

EnergySource

Feb 26, 2020

The trade war we want China to win: China’s nuclear exports can challenge Russian dominance

By David Yellen

Russia and China are competing for nuclear industry market share, not working together to dominate, and China’s rise gives Russia a real competitor in nuclear energy—that is good for the United States.

China Geopolitics & Energy Security

EnergySource

Feb 25, 2020

Global challenges require global solutions

By Ryan Edwards

What will it take to drive more sustainable investing to keep our planet temperature below a 1.5 degree Celsius increase?

Climate Change & Climate Action Energy Transitions

EnergySource

Feb 24, 2020

Despite election, UK fracking faces an uphill battle

By Christian Le Miere

In their pre-election manifesto, the UK Conservatives stated that their stance will be to “not support fracking unless the science shows categorically it can be done safely,” something of a U-turn for the party. Why adopt such a significant policy change now?

Oil and Gas United Kingdom
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