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New Atlanticist

May 28, 2020

Cooperation key to transatlantic coronavirus recovery and energy transition

By David A. Wemer

Continued energy cooperation between the United States and the European Union has been key in reducing Europe’s energy dependence, but now must also help guide both countries out of the coronavirus economic crisis and cut global emissions in the face of continued climate change.

Climate Change & Climate Action Coronavirus

In the News

May 21, 2020

Cohen in Forbes: Phase One U.S.-China Trade Deal Fails In Energy And Beyond

Energy Markets & Governance Geopolitics & Energy Security

EnergySource

May 18, 2020

Coronavirus emergency measures should persuade Ukraine, Romania, and Turkey to legitimize energy reform, not reverse it

By Dr. Aura Sabadus

For years, Eastern European governments and Turkey have bought into a global trend, arguing that long-term strategies in the energy sector should revolve around market deregulation. In light of the coronavirus outbreak and the emergency measures implemented worldwide to contain it, the energy industry may now face an increase in interventionist policies such as price controls and consolidation of state-owned enterprises as governments push to mitigate the shockwaves of expected consumer impacts. Such measures would be detrimental to economies, and there are compelling arguments that suggest governments should remain committed to their initial market goals.

Coronavirus Eastern Europe

Report

May 16, 2020

Downstream oil theft: Countermeasures and good practices

By Dr. David Soud with contributing authors Dr. Ian Ralby and Rohini Ralby

Downstream oil theft has become a global problem. Since most of the world’s energy systems still rely on oil, fuel smugglers are nearly always able to find markets for their goods. Moreover, as oil is not inherently illegal, it is generally an easy product to move, buy, and sell. Profits from oil theft are frequently used to fund terrorism and other illegal activities.

Energy & Environment Energy Markets & Governance

New Atlanticist

May 15, 2020

Iran to remain key energy source for Iraq, says former electricity minister Luay Al-Khatteeb

By Larry Luxner

“The only available option we have at the moment right now is Iran—and let’s be frank. I couldn’t care less as a client from the receiving end about whether this molecule of gas comes from Iran or Saudi Arabia. What really matters to me is that this gas is competitive pricewise, can be delivered as soon as possible, and meets my volume demands," said Luay Al-Khatteeb

Energy Markets & Governance Iran

EnergySource

May 11, 2020

Increasing mutual dependence in Sino-Gulf relations is changing the strategic landscape

By Christian Le Miere

The conventional wisdom that the United States is the only viable partner for Gulf states is now being challenged by a new reality: the main importer of Gulf oil is now China. At the same time, China’s strategic goals increasingly encompass stability in the Middle East, while a more activist foreign policy under Xi Jinping ensures greater involvement in the security, as well as economic, discourse in the region.

China Energy & Environment

EnergySource

May 8, 2020

The COVID-19 crisis and US and EU emissions in the new decade: Opportunities for a clean energy recovery

By Robert F. Ichord, Jr.

The COVID-19 pandemic has led to a sudden decline in global electricity demand of up to 20-25 percent in some countries, and the International Energy Agency (IEA) projects global electricity demand for 2020 will fall by 5-10 percent, contributing to an 8 percent overall drop in energy sector CO2 emissions. This piece updates evaluates the performance of the US and EU power sectors in 2019 within the context of the coronavirus pandemic.

Coronavirus Energy & Environment

New Atlanticist

Apr 21, 2020

As US crude prices crumble, a difficult hand for the United States

By Reed Blakemore and John Soughan

As the market digests the final surge of oil from a Saudi-Russian price war prior to the implementation of production cuts on May 1, it may be that the tail end of a brutal supply glut has arrived and corresponding price stabilization—albeit at a very low price—will be soon to follow. But with oil demand projections reaching multi-decade lows, and US inventories continuing to build by record levels, the madness on April 20 suggests that US markets are far from out of the woods, putting policymakers and regulators in a tough position.

Energy Markets & Governance Oil and Gas

New Atlanticist

Apr 20, 2020

COVID-19 spells out new era for energy markets

By Agnia Grigas

Global energy markets are experiencing historic upheavals most evident by the dramatic drop in oil prices and demand. Yet, there are deeper structural upheavals at play and ones driven by changes over the past decade.

Coronavirus Energy Markets & Governance

New Atlanticist

Apr 14, 2020

Oil price war ends, but coronavirus demand crisis remains

By Reed Blakemore

The result of the OPEC+ marathon negotiations should help restore some positive market sentiment and possibly firm up something of a price floor over the short term. However, the impact of a month-long price war, amidst deteriorating oil demand, risks eventually drawing the deal into sharp relief over the next few weeks.

Coronavirus Energy Markets & Governance

Experts