Energy & Environment

OPEC Oil Deal Will Stick, say Energy Ministers

The oil production cuts set forth in a deal recently enacted by the Organization of the Petroleum Exporting Countries (OPEC) will be upheld by the nations involved, effectively stabilizing the global energy market, Mohammad Sanusi Barkindo, OPEC’s secretary general, said in Abu Dhabi on January 12. “I remain very confident with what I have seen […]

Trump’s Energy, Climate Positions Causing Concern

By Ashish Kumar Sen

While there is “quite a bit of concern” about the direction of US President-elect Donald Trump’s energy policy, he is unlikely to take the United States out of the Paris climate change agreement for the simple reason that doing so would cause “huge collateral damage” to the United States, Todd Stern, a former US State […]

Tillerson Could Boost Energy Diplomacy

By Agnia Grigas

With the United States having emerged as an energy superpower, US President-elect Donald Trump’s decision to nominate the former chief executive officer of energy giant ExxonMobil, Rex Tillerson, as secretary of state is significant. Under Tillerson’s leadership, the State Department will have an opportunity to pursue a powerful energy diplomacy strategy.

John Kerry Sets the Record Straight

By Ashish Kumar Sen

Secretary of State warns against ‘factless political environment,’ says the United States has been leading US Secretary of State John Kerry on January 10 took a thinly veiled swipe at US President-elect Donald Trump while warning of the perils of living in a “factless political environment” and expressing consternation that the process for nominating officials […]

The outlook for energy under a Trump Administration: Major volatility ahead

By David L. Goldwyn

Oil, gas, and renewable energy markets will face high levels of uncertainty and potentially extreme volatility under a Trump administration in 2017. What are these uncertainties and their potential impacts in policy areas such as trade, conflict, climate change, and energy?

Key risks companies face in petroleum investment and operations

By Bud Coote and Karl V. Hopkins

Risk and uncertainty pervade decisions on petroleum investments and operations, raising the stakes for companies committing to multibillion dollar contracts often extending twenty or more years. The array of risk factors is diverse, requiring multidisciplinary analysis to decipher. What are the lessons learned from a variety of experiences and some risk mitigation options?