David Wemer

  • May Survives Confidence Vote, But Now Must Deliver a New Brexit Plan

    British Prime Minister Theresa May survived a no-confidence vote in her government on January 16, but now has until January 21 to come up with a new plan for Brexit.

    The continuation of May’s government was threatened by a no-confidence vote triggered by Labour Party leader Jeremy Corbyn after May’s draft withdrawal agreement on leaving the EU was defeated in Parliament by 432 to 202 votes. The no-confidence vote failed by nineteen votes, 306 to 325.


    Read More
  • May's Brexit Deal Stumbles in Parliament. Now She is Fighting to Save Her Government.

    A little over two months remain until the United Kingdom is to leave the European Union (EU) and yet the manner of Britain’s exit seems more unclear than at any time since the 2016 Brexit referendum.

    The UK Parliament on January 15 rejected by a vote of 432 to 202 the Withdrawal Agreement British Prime Minister Theresa May negotiated with the EU.


    Read More
  • Can the US Shale Revolution Maintain Its Momentum?

    Although US shale production reached 11.7 million barrels per day in 2018, shale oil and natural gas experts caution that the days of rapid expansion for US shale could be numbered as concerns mount about global economic growth in the short-term, easy access shale sources are depleted, and capital markets decrease their investments.


    Read More
  • Can China's Belt and Road Initiative Build Growth and Stay Green?

    China’s massive global energy and infrastructure investment is already paying off.

    Five years ago, “Pakistan was suffering from large amounts of brownouts [and] huge challenges in infrastructure,” according to Ali Siddiqui, an adviser with Pakistani financial services company JS Group and former ambassador of Pakistan to the United States. But after engaging closely with China’s Belt and Road Initiative “there is a large amount of investment that has been made in the power sector, in roads, and soon there will new investment from China in rail. Once that is done, our entire infrastructure shortage will be completed,” Siddiqui said.


    Read More
  • Saudi Minister Says Oil Market Volatility 'Unjustified'

    Khalid Al-Falih says he’s convinced ‘the oil market will quickly return to balance’

    On January 13, Saudi Arabia’s Minister of Energy, Industry, and Mineral Resources Khalid Al-Falih sought to assuage market concerns about potential oil demand as producers try to reverse massive dips in price at the end of 2018.

    “Market sentiment today is being shaped by undue concerns about demand, underestimation of the impact of agreed supply cuts, and a misreading of the supply-demand trends which causes counterfactual actions by financial players,” Al-Falih said. “In other words, if we look beyond the noise of weekly data and vibrations in the market, and the speculators’ herd-like behavior, I remain convinced that we are on the right track and that the oil market will quickly return to balance.”


    Read More
  • The Alternatives to Coal: Can Gas, Renewables, and Nuclear Work Together?

    As countries and citizens around the world look to consume cleaner and more sustainable forms of energy, “there is room for all forms of energy to be cooperating with each other,” according to Bader Al Lamki, the executive director of Masdar Clean Energy, a renewable energy company based in the United Arab Emirates.


    Read More
  • State Department Official: New US Diplomatic Efforts Built Around Energy

    US Assistant Secretary of State in the Bureau of Energy Resources Francis R. Fannon said on January 12 that energy policy will be a key pillar in two of the Trump administration’s new diplomatic efforts: the Middle East Strategic Alliance and the Free and Open Indo-Pacific initiative.


    Read More
  • China is Fueling Up on LNG, But Will It Last?

    Growth in the global liquefied natural gas (LNG) market last year was “driven by Asia and that Asian component has been driven by China,” Anatol Feygin, executive vice president and chief commercial officer of Cheniere Energy explained at the Atlantic Council’s 2019 Global Energy Forum in Abu Dhabi on January 12.


    Read More
  • ADNOC Announces New Oil and Gas Exploration Licenses at Atlantic Council’s 2019 Global Energy Forum

    Two offshore blocks ‘represent the beginning of a new wave of exploration,’ says Abu Dhabi National Oil Company CEO Sultan Al Jaber

    The Abu Dhabi National Oil Company (ADNOC) has awarded two new offshore blocs to Italian energy company Eni and Thailand’s Public Exploration and Production Company (PTTEP), ADNOC’s Chief Executive Officer and the United Arab Emirates’ (UAE) Minister of State Sultan Al Jaber announced at the Atlantic Council’s 2019 Global Energy Forum in Abu Dhabi on January 12.


    Read More
  • Macedonian Parliament Endorses Name Change

    Macedonian lawmakers on January 11 approved a set of constitutional amendments that will see the name of the country changed to the Republic of North Macedonia, potentially opening the way for the Balkan country to join NATO and the European Union.

    “Today, the people of Macedonia secured their future and assured their place in the heart of Europe,” Atlantic Council Executive Vice President Damon Wilson said. “No longer will their nation be on the transatlantic alliance’s periphery, stuck in a geopolitical limbo. With an historic parliamentary vote approving constitutional amendments to fulfill the obligations within the Prespa Agreement with Greece, Macedonians have determined their own destiny.”


    Read More