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Map of Svalbard
Report
Scenarios

Norway and Russia clash over Svalbard
Professor Stefan Hedlund
Professor Stefan Hedlund

The Svalbard archipelago has recently become an unexpected source of tension between Norway and Russia, with Moscow accusing Oslo of restricting access to the islands. The two countries could opt to collaborate more closely and jointly explore oil and gas resources in the region, but the likeliest outcome is an escalation of animosity between the Kremlin and the transatlantic community.

Golfers against Dubai skyline
Report
Scenarios

Sovereign wealth funds and preserving oil wealth

Sovereign wealth funds have become an important tool for stabilizing the economies of oil and gas producers. In well-governed countries with strong institutions, they can substantially mitigate long-term risks. But in some developing states, the depletion or mismanagement of such funds could pose a serious threat.
Overlapping and disputed claims of economic sovereignty present an obstacle to developing Arctic resources (source: macpixxel for GIS)
Report
Scenarios

Market mechanisms will determine the future of Arctic energy business

Shell’s decision to suspend its Alaskan Arctic drilling activities in September 2015 confirms what many experts have long argued: the day for extracting hydrocarbons in the region has not yet come. In fact, given today’s oil prices and increasing competition from more accessible sources, large-scale extraction of oil and gas ...
 Dr. Carole Nakhle
Dr. Carole Nakhle
Sweden’s Prince Carl Philip served aboard the patrol ship HMS Carlskrona during the Northern Coasts international naval exercises in 2014 (source: dpa)
Report
Scenarios

Disarmed Sweden has few options in face of Russian aggression

Recent polls indicate that more Swedes now want their country to join Nato than those who want it to remain outside the alliance. In the Swedish political landscape, this represents something of an earthquake, upsetting a traditional consensus on non-alignment. And it is the obvious result of mounting pressures from ...
 Professor Stefan Hedlund
Professor Stefan Hedlund
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