Key global energy facts
30 January 2019
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2019 Global Outlook: Market forces move developments in energy
2019 begins with the U.S. a dominant producer of oil and gas, while OPEC has allied with countries like Russia to try to put a floor under prices. Green energy sources continue to rise in popularity, but still have only a small impact on global consumption. And while developed nations ...
Dr. Carole Nakhle
A weekly summary, plus unique comments from Prince Michael of Liechtenstein
China’s polar strategy
Intrepid explorers battling the cold were once the only people to reach the earth’s poles, but now the Arctic and Antarctic are hotbeds of activity, with states around the world jockeying for position. Both the North and South Poles offer the potential of vast resources, trade opportunities and scientific discovery. ...
Kazakhstan-EU energy cooperation threatens Russian interests
In December 2015, the European Union and Kazakhstan signed a new “enhanced partnership and cooperation agreement,” which, among other things, calls for greater collaboration on energy issues. Closer ties – whether in the form of natural gas supplies or green technologies – could benefit both sides. However, the success of ...
Dr. Frank Umbach
The energy mix revolution in Japan
Japan is moving full throttle toward renewable energy. Five years ago, before the Fukushima Daiichi accident in March 2011, such a development would have been inconceivable because the country’s so called “nuclear village” held tight control over the energy sector. The powerful pro-nuclear lobby comprised of elite bureaucrats, utility executives, ...
Dr. Stefan Lippert
China steps up engagement in the Middle East
Beijing’s increasing involvement in the Middle East has important economic, diplomatic, and military implications for the region, China and the world. The stakes were highlighted when the Chinese government chose to build its first overseas military base in Djibouti, in the Horn of Africa. President Xi Jinping’s recent visits to ...