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EnergySource

Aug 21, 2019

Sanctions prompt Iran to remain relevant in the global energy calculus

By Sara Bazoobandi

The Islamic Republic is determined to push back against maximum US pressure. Iran’s actions will not only be disruptive for security of energy transportation through the Gulf but they will also increase the risk of a sudden military escalation.

Energy & Environment Energy Markets & Governance

EnergySource

Aug 12, 2019

The Chinese export we should be targeting: Climate change

By David Yellen

The Trump Administration’s trade war with China has aimed to reduce the trade deficit, but the volleys of tariffs between the US and China have impacted industries from railways to energy, and even required an aid package to keep the agriculture industry afloat. However, US trade policy should instead focus on a more menacing and enduring Chinese export, one that it does not send to the United States but whose emissions […]

China Climate Change & Climate Action

EnergySource

Jul 28, 2019

Gaming out the disaster: What could go wrong with the FSO Safer

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

In April, we sounded the alarm about how the Safer, an oil tanker converted into a floating storage and offloading facility (FSO) near the Red Sea coast of Yemen and filled with an estimated 1.1 million barrels of crude oil, was not only structurally deteriorating but might actually explode. In the past week, news outlets around […]

Geopolitics & Energy Security Middle East

EnergySource

Jun 27, 2019

The current state of European energy security and transatlantic cooperation

By Becca Hunziker

The Issue: The transatlantic community has made significant progress leveraging global energy resources to increase energy security, thanks to advancements in renewable energy, energy efficiency, shale oil extraction, alternative source and route development, and infrastructure. However, European energy still faces security challenges and it must continue to address them. A united and well-connected Europe is […]

Americas Energy & Environment

EnergySource

Jun 21, 2019

Kazakhstan: The thorn in the side of Russia’s energy colossus

By Paddy Ryan

Kazakhstan, a rising regional power in the midst of economic and political transformation, may prove to be the weak link in Russia’s energy empire.

Central Asia Energy & Environment

EnergySource

Jun 20, 2019

Power sector transformation and emissions pathways: US and Europe in 2018

By Robert F. Ichord

With the changes in the United States Congress in 2019 and the intensifying presidential primary election campaign, we have seen, in stark contrast to Trump Administration views, considerable attention placed by the Democrats on climate change and the ambitious vision of the Green New Deal. In Europe, the European Union (EU) Parliament has approved more […]

Energy Markets & Governance Energy Transitions

EnergySource

Jun 13, 2019

Nord Stream 2: From EU law to US sanctions law

By Alan Riley

Rainer Seele, the chief executive officer of Austrian energy company OMV and corporate ally of Gazprom, recently called on Europe to defend itself from the proposed US sanctions aimed to stop Nord Stream 2. It is far from clear to which ‘Europe’ Seele is referring. In December 2018, the European Parliament voted 433 to 105 […]

Energy & Environment Energy Markets & Governance

EnergySource

May 30, 2019

Energy governance and China’s bid for global grid integration

By Phillip Cornell

Energy projects have always been a major part of China’s Belt and Road Initiative (BRI) infrastructure mega-plan for Eurasia. The enormity of that plan was on display at the BRI Forum last month, where an official report was released estimating that energy investments in BRI countries would add up to $27 trillion by 2050, with […]

China Energy Markets & Governance

EnergySource

Apr 23, 2019

Saudi Aramco bond offering: What does it say about the kingdom and oil markets?

By Phillip Cornell

At the start of the month, in preparation for its first bond offering, Saudi Aramco released a 469-page prospectus that provided the first real public look into the oil company’s books. The media was astounded by the $111 billion profit figure for 2018, and a bond market hungry for returns oversubscribed to the offering by […]

Energy Markets & Governance Oil and Gas

EnergySource

Apr 18, 2019

Gas Directive: Overly burdensome regulation of the EU gas market?

By Danila Bochkarev

On 15 April, the Council of the European Union (EU) backed a controversial revision of the EU Gas Directive, which was already adopted at a plenary session of the European Parliament in Brussels on 4 April. This adoption by the Council is the last step in the legislative initiative. However, the story began in November […]

Energy Markets & Governance European Union