geopolitics

The geopolitics of energy: renewables are not in the race yet

Fatih Birol at Atlantic Council forum Abu Dhabi

At the Atlantic Council’s Global Energy Forum in Abu Dhabi on 12-13 January, oil executives, Middle Eastern energy ministers and experts in the geopolitics of energy came together to discuss the geopolitical implications of “the energy transformation”. Yet no one presented a vision of what a new global order, based on renewable energy, would look like, writes Karel Beckman, Energy Post’s editor-in-chief. The oil players all embrace renewable … [Read more...]

Nuclear deal or not, Trump will turn Iran into a hot spot

Iran nuclear deal april 2015

Donald Trump could easily annul the Iran nuclear deal, writes Rajan Menon, Professor of International Relations at City College of New York and Senior Research Fellow at Columbia University’s Saltzman Institute. However, whether or not he will do so, is not the most important question, writes Menon. The real question is what he will do to Iran – and how disastrous that could turn out to be. Courtesy of Tomdispatch. … [Read more...]

The new outlook for oil: prepare for a bumpy ride in 2017

oil-glut-slider

After two and a half years of opening up the taps (or rather: not closing them) OPEC has changed course in what is looking to be a gamechanger for the oil market. Market sentiment has shifted and the oil price has gone up. But that doesn’t mean we can go back to the status quo ante, writes geophysicist (ex-Shell) Jilles van den Beukel. Some things have changed permanently. Saudi Arabia’s position within OPEC has weakened, Iran’s has strengthened. … [Read more...]

Donald Trump’s carbon-obsessed energy policy and the planetary nightmare to come 

Rex Tillerson and Vladimir Putin

Despite apparent contradictions, the main thrust of Donald Trump’s energy policy approach is very clear, writes author and energy expert Michael Klare: he aims to abolish all regulations that stand in the way of unrestrained fossil fuel extraction. Even if this spells doom for segments of the fossil fuel industry that will get hurt by low prices – not to mention the planet. Courtesy Tomdispatch.com. … [Read more...]

The OPEC deal: a recipe for volatility

OPEC deal is announced

Last week’s OPEC deal takes place in a very different context than earlier deals from the 1990s, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. US shale producers are looking to fill supply gaps, inventories are higher than ever, and alternatives to oil in transport are emerging. If that’s not a recipe for volatility, Styles wonders, then what is? Original post. … [Read more...]

US energy Independence Day dawns

Barry Worthington

The most significant US energy policy update in a decade, the Energy Policy Modernization Act 2016, will be introduced into the new Congress in January 2017. With provisions for accelerated permitting for oil and gas drilling, construction of export LNG terminals, as well as energy efficiency standards and grid-integration of renewables, the outlook for US energy security is bright, according to Barry Worthington, Executive Director of the US … [Read more...]

Victory: Ukraine doesn’t need Russian gas anymore – and puts transit at risk

naftogaz gazprom-slider

Ukraine has completely “eliminated” its dependence on Russian gas, Ukrainian national gas company Naftogaz has declared in an open letter. Last year it stopped importing Russian gas for its own consumption altogether. At the same time, according to a paper written by Thierry Bros, Senior Research Fellow from the Oxford Institute for Energy Studies (OIES), Naftogaz is putting the future of the transit of Russian gas at risk by demanding higher … [Read more...]