Energy & Environment

Rapid response: The SABIC-Aramco merger

By Private: Jean-François Seznec

Saudi Aramco’s acquisition of the Saudi Basic Industries Corporation (SABIC) finalized on June 16, 2020, provides a window into the Saudi strategy to become a world-scale chemicals producer. However, the structure of the deal also offers an interesting look into the Saudi financial position amid low oil prices and a global pandemic.

Automaker electric vehicle plans ‘progressing at a rapid pace’ despite pandemic, economic downturn

By Julia Pyper

The global electric vehicle (EV) market is going through a rough patch amid the COVID-19 outbreak. The pandemic led to economy-wide lockdowns and supply chain disruptions across the automotive industry. Coupled with a historic decline in oil prices that brought down gasoline prices, these factors are likely to put a significant dent in EV sales in the near term. But automakers are not turning away from the EV market despite recent setbacks. To signal their intent, several major auto industry executives have taken steps to underscore their commitment to vehicle electrification coming out of the pandemic slump.

The US is defending Europe by blocking Putin’s pipeline

By Diane Francis

Berlin has slammed US plans to impose harsh new sanctions on Vladimir Putin's Nord Stream 2 pipeline, but critics see the project as a direct threat to European security and energy independence.

Ukraine needs EU rules to avoid global gas imbalances

By Aura Sabadus

More than 50 European companies may be barred from exporting gas to Ukraine during the peak storage season if the Ukrainian and Slovak gas transmission system operators fail to reach a solution for an alternative transport route during an unplanned pipeline outage this summer.

How can Portugal’s Port of Sines play a bigger role in assuring energy security in the European Union?

By Dr. Ricardo Silvestre

The European Union (EU) currently relies on a small number of external suppliers to meet its energy needs. To minimize reliance on foreign gas imports, the EU should increase liquefied natural gas (LNG) imports to Europe, expand gas storage capacity, and further develop energy distribution mechanisms across Member States. As a potential alternative energy hub, Sines, Portugal is in an excellent position to become an important continental European LNG entrance point as well as a key gas distribution and bunkering center. If the pieces fall into place, Sines, and Portugal writ large, may become key guarantors of European energy security.

Facing twin crises of COVID-19 and climate change, refugees will suffer the most

By Larry Luxner

Since its emergence barely half a year ago, COVID-19 has infected more than 8.5 million people globally, and has killed at least 452,000. The pandemic—along with climate change—leaves the planet facing “perhaps its worst humanitarian crisis since World War II.”

Innovation can break the gridlock on nuclear waste

By Michelle Brechtelsbauer

Innovation has always been a key tenet of the nuclear power industry. With scientific consensus building that nuclear power must play a significant role in mitigating climate change, there has been renewed focus on fuel design and fuel cycle research to support the next generation of nuclear technology. This attention also creates an opportunity to reinvigorate innovation on back-end technologies that may prove to be the key to circumventing the longtime political impasse on nuclear waste.

Assessing Saudi Vision 2030: A 2020 review

By Stephen Grand, Katherine Wolff

Executive summary When global oil prices collapsed in summer 2014, Saudi Arabia confronted one of the most daunting economic challenges of its modern history. Upon ascending to the throne the following year, King Salman bin Abdulaziz Al Saud and his son Mohammed bin Salman Al Saud (now the crown prince) responded by developing an ambitious […]

The storm still comes: Invest now, while we still can

While we don’t know the nature of the next crisis we’ll face, we know it’s inevitable—much like climate change, a crisis whose own potential devastation is virtually incalculable, and against whose ominous backdrop future public health crises will unquestionably unfold. Among its many lessons, COVID-19 has taught us that in preparation for an uncertain future, we must devise ways to create a healthier, more inclusive and resilient future for all.

US foreign policy and Euro-Caspian energy security: The time is now to build the Trans-Caspian Pipeline

By Matthew Bryza, Robert M. Cutler, and Giorgi Vashakmadze

The Southern Gas Corridor (SGC) represents a historic success for Azerbaijan and the European Union (EU) in regard to their common quest for new energy supply sources and routes. Over the last decade, the EU has intensified its efforts to expand the SGC, seeking to attract gas from Turkmenistan. The time is now ripe to connect Turkmen gas with SGC infrastructure and the European market through a Trans-Caspian Gas Pipeline.