Oil & Gas

Russian energy embargo: Europe must stop financing Putin’s Ukraine war 

By Diane Francis

Naftogaz CEO Yuriy Vitrenko has accused European countries of funding Vladimir Putin's invasion of Ukraine and called for an immediate embargo on all Russian energy exports in order to stop the war.

Leading oil and gas into a net-zero world

By Alex Dewar, Randolph Bell, Reed Blakemore, and David W. Yellen

Oil and gas may have an important role to play in a net-zero world. This report examines the best ways to use policy and investment levers to set the sector up for success.

Beware: Russia’s new energy sources down but not out

By Leslie Palti-Guzman

Current EU sanctions on Russia leave open the possibility of future Russian dominance in the trade of LNG and hydrogen, both crucial fuels in the energy transition. But there are policy options that would both prevent Russia from establishing supremacy in this trade and maintain EU unity.

Removing Russia from the European gas balance: A major role for Caspian gas

By John Roberts and Julian Bowden

Exporting more Caspian gas to Turkey could free up precious LNG cargoes for consumption in the EU market. Three Caspian options in particular would go a long way to ensuring the EU can get out from under Russian gas hegemony.

The EU should stop Putin from paying for his war with an oil levy

By Alan Riley

An EU levy on Russian oil could serve a dual purpose. It could stabilize energy markets and mitigate the impact on the average EU consumer while, at the same time, stripping Putin of the oil rents that fund his aggression in Ukraine.

State of the Order: Assessing February 2022

The State of the Order breaks down the month's most important events impacting the democratic world order.