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New report

Sat, May 16, 2020

Downstream oil theft: Countermeasures and good practices

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.

Report by Dr. David Soud with contributing authors Dr. Ian Ralby and Rohini Ralby

Energy & Environment Energy Markets & Governance

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Global Energy Center

The Global Energy Center promotes energy security by working alongside government, industry, civil society, and public stakeholders to devise pragmatic solutions to the geopolitical, sustainability, and economic challenges of the changing global energy landscape.

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Oil & Gas events

Fri, Jun 5, 2020

Report launch: New challenges and dwindling returns for Russia’s national champions

Russia’s national champions, Gazprom and Rosneft, get priority attention from the Kremlin. But low prices and increased international competition are threatening them. What is needed to keep Russian energy competitive?

10:00am ONLINE EVENT

Fri, May 29, 2020

Pandemic, plunging oil prices, and Putin: What does the future hold for the Russian Economy? 

The global coronavirus pandemic and Russia’s recent oil war with Saudi Arabia has brought a financial crisis to the country. How will Russia’s economy recover?

10:00am ONLINE EVENT

Mon, May 18, 2020

Downstream oil theft: Countermeasures and good practices

ONLINE EVENT – Expert panelists discuss the Global Energy Center’s latest report, Downstream oil theft: Countermeasures and good practices, which examines concrete countermeasures, legal and policy measures, and regional and international measures that can combat downstream oil theft and prevent its revenues from funding far more nefarious activities.

8:00am ONLINE EVENT

Experts

Content

Wed, Jun 24, 2020

Rapid response: The SABIC-Aramco merger

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.

EnergySource by Jean-François Seznec

Energy & Environment Energy Markets & Governance

Wed, Jun 24, 2020

The US is defending Europe by blocking Putin’s pipeline

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.

UkraineAlert by Diane Francis

European Union Geopolitics & Energy Security

Wed, Jun 24, 2020

Ukraine needs EU rules to avoid global gas imbalances

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.

UkraineAlert by Aura Sabadus

Central Europe Energy Markets & Governance

Wed, Jun 10, 2020

Ukraine’s $7 billion Russian gas transit deal at risk amid claims of political pressure

Alleged political pressure targeting Ukraine's recently unbundled gas transmission system operator GTSO is threatening to undo Ukraine's energy sector reforms and derail a multi-billion dollar transit contract with Russia's Gazprom.

UkraineAlert by Aura Sabadus

Corruption Energy Markets & Governance

Wed, Jun 10, 2020

Ukraine’s worst move yet

The Ministry of Finance “dismissed” Walter Boltz, the chair of the Ukrainian gas transmission system operator MGU. If that independence is undermined, Gazprom may pull the transit contract and with it the guaranteed fees that Ukraine needs.

UkraineAlert by Alan Riley

Economy & Business Geopolitics & Energy Security

Fri, Jun 5, 2020

New challenges and dwindling returns for Russia’s national champions, Gazprom and Rosneft

As Russia’s economic future is clouded by negative demographic trends, new energy technologies and efficiencies, volatile commodity prices, and the likelihood of continued Western sanctions, Gazprom and Rosneft, Russia’s two natural resource champions face a comeuppance: international competition, global and regional market access, capital investment, and revenue/cost efficiency.

Report by Anders Åslund & Steven Fisher

Economy & Business Geopolitics & Energy Security

Wed, Jun 3, 2020

Iran oil exports face a tough future even after the coronavirus

Even before the coronavirus pandemic erupted, Iran’s oil exports were declining as a result of secondary US sanctions.

IranSource by Omid Shokri Kalehsar

Energy & Environment Iran

Wed, May 27, 2020

The Russian economy in health, oil, and economic crisis

Russia’s response to the COVID-19 epidemic and the ensuing economic crisis does not impress. Arguably, it has hardly been worse than the average EU response—except for the Central European countries, where the pandemic arrived late and who protected themselves much better. The Russian authorities’ attempts to deny and conceal the epidemic have undermined popular trust in Putin, which is lower than ever. Nor have the authorities shown any sign of restart long dormant reforms.

Long Take by Anders Åslund

Coronavirus Economy & Business

Thu, May 7, 2020

How Turkey benefits from global LNG glut

While Turkey’s gas supply security is enhanced, the domestic market benefits from the increasing competition in the global gas market. With LNG, Turkey can further diversify its gas supply sources and the state-owned gas company, BOTAS, can decrease the weighted average cost of imported gas.

TURKEYSource by Eser Özdil

Oil and Gas Turkey

Mon, May 4, 2020

Fontenrose joins NPR’s Morning Edition to discuss Saudi oil tankers headed toward US

In the News

Oil and Gas Saudi Arabia