Turkey’s energy dilemma: Brussels or Moscow?
The relationship between Turkey and the EU has been rocky ever since the political crackdown after last year’s coup. Moscow has stepped in to enhance cooperation with Ankara, especially in energy. While Turkey is attempting to limit its dependence on Russian gas imports, all its options are complicated. This new relationship between Turkey and Russia has stark consequences for Europe’s energy security.
Naftogaz: The keystone of reform in Ukraine
Naftogaz, the natural gas giant that is Ukraine’s largest taxpayer, is again in the news for the wrong reasons. The last two members of its independent supervisory board have resigned, indicating that vested interests have gained the upper hand over the reformist management team. What is happening at Naftogaz reflects a broader backlash in Ukraine – one that, if unchecked, could lead to a restoration of the old guard and Russian infuence.
The technological revolution in Oman’s oil and gas industry
Enhanced Oil Recovery (EOR) technologies, “cracking” methods for extracting oil and gas from rock formations and reasonable policies toward foreign investors have enabled the Sultanate of Oman to increase its hydrocarbons production remarkably – despite small proven reserves and difficult geology.
GIS Dossier: Failed global climate policies
Since the 1990s, the international community has been trying to keep climate change under control – with less than stellar results. Despite initiatives like the 1997 Kyoto Protocol or the 2015 Paris Agreement, global temperatures are still well on track to increase by 2 degrees Celsius above preindustrial levels – the threshold scientists say could lead to dangerous climate effects. Geopolitics and market forces are mostly behind this failure – as GIS experts have been pointing out for some time. In this Dossier, we bring together the analyses that paint the picture of how we got here.
Another twist in the Gazprom saga
Until recently, the EU deliberately shielded its gas business with Russia from the disruption caused by turbulent East-West politics. Now a new round of anti-Kremlin sanctions imposed by the U.S. Congress and the shale gas revolution threaten to upset the complicated energy relationship.
Decarbonization and global instability
The fight against climate change is currently focused on managing demand and increasing production from non-fossil-fuel sources. But those efforts disregard the strategic interests of major oil- and gas-producing states that depend on exports. Until those countries have an alternative for economic development, keeping the global temperature rise below 2 degrees Celsius will remain a pipe dream.
The myth of cheap Russian gas
As arguments swirl over the Nord Stream-2 gas pipeline, one thing is taken for granted – Gazprom can sell gas cheaper than rival suppliers. But reserves of low-cost gas from Russia’s West Siberian fields are dwindling, while output from the new Yamal fields must be heavily subsidized to offset high production and transport costs. The European Union could be entering an era when U.S. LNG is fully cost competitive or even cheaper than Russian gas, if it doesn’t let Russia distort the market.
The UAE balances oil riches with green energy drive
The United Arab Emirates is one of the world’s leading oil producers, and gets 100 percent of its electricity from burning natural gas. However, this fossil fuel-dependent country has big ambitions to become a champion of green energy. Though the goals look achievable, market realities mean oil is likely to play the dominant role in its economy.
GIS Dossier: Sub-Saharan Africa
The list of challenges facing sub-Saharan Africa is long and daunting. Political instability and violence have led to immense migration flows that countries on three continents are struggling to contain. These problems have exacerbated weather-related catastrophes like famine, creating a vicious circle. Yet, the region has plenty of potential. Can it overcome its hurdles? This edition of GIS Dossier surveys the predictions from our experts on this troubled region.