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The latest pieces from EnergySource

EnergySource

Apr 29, 2025

Can Nord Stream really rise from the dead?

By Alan Riley

Despite recent discussions between Moscow and Washington over restarting the Nord Stream pipelines, legal, financial, and political hurdles make reopening them improbable. Multimillion dollar claims against Gazprom along with US stakes in the European LNG market are likely to severely limit support for Russian gas flows to the EU.

Energy & Environment Energy Markets & Governance

EnergySource

Apr 28, 2025

If Russian gas returns to Europe, it must go through Ukraine

By Sergiy Makogon

The resumption of Russian gas supplies to Europe as part of a potential cease-fire agreement in Ukraine is under discussion, but any such flows would need to transit through Ukraine rather than Nord Stream or other routes. To safeguard regional stability, the EU, Ukraine, and the US must enforce strict safeguards to avoid renewed dependency and prevent Russia from once again weaponizing its energy exports.

Energy & Environment Energy Markets & Governance

EnergySource

Apr 23, 2025

Illicit mineral supply chains fuel the DRC’s M23 insurgency

By Clarkson Kamurai, Brad Handler, and Morgan Bazilian

The illicit trade of mined materials is fueling the M23 insurgency in the eastern Democratic Republic of the Congo (DRC), threatening regional stability and hindering development. As the United States considers a minerals-for-security agreement with the DRC, international engagement, ethical sourcing practices, and strengthened oversight are critical to fostering long-term peace in this resource-rich region.

Africa Democratic Republic of the Congo

Content

New Atlanticist

Mar 26, 2020

Dual demand and supply shocks have created historic oil crisis, IEA executive director says

By David A. Wemer

Dramatically lower oil demand due to the coronavirus pandemic and an emerging supply glut caused by the failure of major oil producers to cut production has slammed the global oil market with a crisis “unique in history,” according to Dr. Fatih Birol.

Climate Change & Climate Action Energy Markets & Governance

AfricaSource

Mar 25, 2020

Tough times ahead for African oil producers

By Luke Tyburski

The precipitous decline in oil prices related to the coronavirus pandemic will have significant economic knock-on effects in Africa. Central African producers look to be the most vulnerable, but the shocks will be felt everywhere.

Africa Angola

New Atlanticist

Mar 24, 2020

The implications of the coronavirus crisis on the global energy sector and the environment

By Jennifer T. Gordon

The current drop in oil demand—caused, in large part, by severe reductions in travel due to the coronavirus—combined with the Saudi-Russia oil price war has simultaneously, if temporarily, lowered greenhouse gas emissions (GHG). However, the drop in GHG emissions is likely to be unsustainable in the long term, and the currently low cost of oil has raised questions about the future of clean energy deployment and climate action.

Coronavirus Energy & Environment

New Atlanticist

Mar 23, 2020

Russia is out of control: The dangerous Mr. Sechin

By Anders Åslund

Russia is out of control. All of a sudden, it has launched an oil price war, even though it is unrealistic that the Kremlin can defeat Saudi Arabia and the United States in such a contest. Saudi Arabia’s population is one-fifth of Russia’s, while holding equivalent international currency reserves. The United States is still a net oil importer, meaning that its economy benefits from low oil prices. Russia, by contrast, is a major oil exporter and is utterly dependent on high oil prices.

Corruption Oil and Gas

UkraineAlert

Mar 18, 2020

Cruz vows to thwart Russian bid to save Putin’s pipeline

By Diane Francis

Russia is attempting to sidestep American sanctions designed to block the completion of an important new energy pipeline that bypasses Ukraine, but US Senator Ted Cruz has said he remains committed to stopping the project permanently.

Energy & Environment Geopolitics & Energy Security

In the News

Mar 17, 2020

Cohen in Forbes: Central Asia needs a financing solution to low oil prices

By Atlantic Council

Central Asia Energy & Environment

New Atlanticist

Mar 17, 2020

Coronavirus restrictions ramp up from US to France, Iran to Latin America

By Atlantic Council

Worldwide restrictions increased as authorities from the United States to France, and Iran to Latin America tried to contain the spread of coronavirus. Governments embarked on economic measures to limit the economic impact of the pandemic, including a reported $850 billion sought from Congress by the Trump administration.

Economy & Business Energy & Environment

New Atlanticist

Mar 13, 2020

Coronavirus prompts school closures in US states, France, Portugal

By Atlantic Council

Authorities from the United States to France and Portugal closed schools in efforts to contain the spread of coronavirus, while sports games from hockey to soccer were canceled in the United States and Europe. Politicians or their spouses tested positive for the virus in Canada and Australia, even as new cases slowed in China and South Korea.

Economy & Business Energy & Environment

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

Event Recap

Mar 11, 2020

Atlantic Council press call: Oil market meltdown: Price wars, coronavirus, and energy geopolitics

Last week’s breakdown of OPEC+ meetings in Vienna has turned a demand side driven decline in oil prices caused by the impacts of Coronavirus into an oil price war between two oil producing giants, with US shale production the ostensible target. If the standoff continues, however, the price war might ultimately do more harm to the Saudi and Russian economies. With increasing uncertainty about the depth of Coronavirus’ impact on global growth, the price war might also contribute to a sharp decline in the global economy. Helima Croft, David L. Goldwyn, Jean-Francois Seznec, Anders Aslund, and Randolph Bell discuss ongoing market volatility, the origins of the crisis, what’s next for US shale, and the implications of it all for energy and geopolitics

Coronavirus Energy & Environment