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The Battle For Control Of East Mediterranean Energy
The Battle For Control Of East Mediterranean Energy The history of oil and natural gas is marred by instability and conflict. The rise of the Eastern Mediterranean as a prolific energy region has increased existing tensions between certain littoral states while strengthening cooperation between others. The ratification of the charter concerning the Eastern Mediterranean Gas […]
Record-Breaking Energy Prices Could Soar Even Higher In Europe
Record-Breaking Energy Prices Could Soar Even Higher In Europe The European electricity market is in crisis as a perfect storm is driving up prices to ever greater heights. The timing couldn’t have been worse as countries across the continent are reopening and energy demand is rising. Most signs point towards the likely continuation of the […]
Finding A Way Around The World’s Largest Oil Chokepoint
Finding A Way Around The World’s Largest Oil Chokepoint Oil is sometimes referred to as ‘black gold’. The discovery and export of fossil fuels have led to tremendous wealth creation for certain countries. In this sense, no region in the world is more blessed than the Middle East. Especially the countries surrounding the Persian Gulf […]
Is The Era Of U.S. Energy Dominance Already Over?
Is The Era Of U.S. Energy Dominance Already Over? The global oil industry is a highly lucrative sector that is strongly influenced by geopolitical developments. As the Post-Cold War era comes to an end, a new status quo is arising. The U.S. was once the only player with the capability to significantly influence energy markets around the […]
The Most Crucial Pipeline Of The Middle East?
The Most Crucial Pipeline Of The Middle East? Contemporary Middle Eastern history is strongly influenced by energy politics. Besides providing revenue for the state’s coffers, oil is also a potent geopolitical tool in the hands of resource-rich countries. Recently, officials from Lebanon, Syria and Iraq have engaged in talks to restart the dysfunctional pipeline that once […]
Energy Transition Under Fire As Power Bills Soar
Energy Transition Under Fire As Power Bills Soar For a long period of time, the energy transition was primarily a technical topic concerning the transformation of the energy grid. Technological developments and the decreasing costs of renewables have made it a viable alternative to fossil fuels. The integration, however, of these new systems requires considerable […]
The Biggest Winners In The Mediterranean Energy War
The Biggest Winners In The Mediterranean Energy War Former Vice-President of the United States Dick Cheney once said: “the good lord didn’t see fit to put oil and gas only where there are democratically elected states… Occasionally we have to operate in places where, all considered, one would not normally choose to go. But we […]
The Perfect Storm Bringing China And Russia Together
The Perfect Storm Bringing China And Russia Together During the Cold War, China and the Soviet Union regarded one another as strategic adversaries. Relations between Beijing and Moscow, however, have significantly improved over the years. Besides political alignment, the countries have complementary economies; China has an insatiable appetite for the raw materials which Russia has […]
Nord Stream 2’s Confusing Endgame
Nord Stream 2’s Confusing Endgame The summer of 2018 will go into history as the moment when a US president fundamentally and decisively changed the international world order which its predecessors worked hard on during the past decades. Within approximately a week from 11 July until 16 July, President Donald Trump achieved to insult its […]
A Storm Is Brewing In The Southern Gas Corridor
A Storm Is Brewing In The Southern Gas Corridor No fewer than Turkish President Recep Tayyip Erdogan, Azerbaijani President Ilham Aliyev, Serbian President Aleksandar Vucic, Ukrainian President Petro Poroshenko and Turkish Cypriot President Mustafa Akinci attended a gathering in Central Turkey on 12 June. The amount and variety of attendees of this meeting reveal a […]
The Pros And Cons Of Nord Stream 2
The Pros And Cons Of Nord Stream 2 There are few issues as divisive in the EU as the planned construction of Nord Stream 2, another direct gas infrastructure connection between Germany and the Russian Federation. With the climate of relations between Russia and the West just above the point of freezing, the agreement between […]
