Energy

8 December 2015

OPEC’s Demise, Still Exaggerated

Many observers conclude OPEC is dead.  Oh, there have been claims of its demise before, but after the oil cartel failed to provide a quota (output goal) in last week's statement, the claim has new life. Many observers conclude OPEC...

4 December 2015

Regional Economic Cooperation Creates the TAPI Pipeline

The Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline project was first conceived in October 1997 by Central Asia Gas Pipeline Limited (CentGas). Almost 18 years later, the pipeline—often dubbed as the “on/off pipeline,” the “pipeline dream,” and the “peace pipeline”—although still on the...

4 December 2015

ISIS Oilfield Attacks May Be Inevitable

There has been some revealing new information coming out recently regarding the strategy against ISIS. One aspect many find troubling is the apparent failure of U.S. and coalition forces to sufficiently target and destroy oil infrastructure located in ISIS territory,...

3 December 2015

The Big Business of Climate Change

The 21st meeting of the Conference of the Parties (or COP21) is underway, with the goal of hammering out a deal to reduce global carbon emissions top of the agenda. As well as leaders from 147 countries, there are a...

1 December 2015

The Doom and Gloominess Orbiting the Energy Sector

As the terrorist attack in Paris sparks worldwide fear of similar reprisals and a bloody shootout and hostage situation in a five-star Mali hotel exacerbates those concerns, global energy security reels under the pressure of unfathomable geopolitics. In an exclusive...

27 November 2015

Trouble in Texas

Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel.  That spells more pain for...

25 November 2015

Kicking the Coal Habit in the U.K.

For those watching the UK energy sector, barely a week has gone by of late without some kind of drama. A third of the nation’s coal power stations breaking down, subsidies cut for renewables but available for diesel generators, and...

19 November 2015

Energy for a Stronger East Asia Summit (EAS) Region

Sustained population and economic growth have almost doubled both primary and final energy demand in the East Asia Summit (EAS) region.  This rising energy demand is posing an increasing threat to energy security. Examination of potential energy saving is key...

18 November 2015

Can Saudi Arabia Outlast Russia in the Oil Game?

Russia's central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been...

12 November 2015

Oil Production Still Running Ahead of Demand

The January Brent oil futures contract has broken down in the last 48 hours to approach its late-August lows.  It has fallen a little more than 10% over the past week.  The January light sweet crude contract is also heading...

6 November 2015

Large-scale Oil Projects become Victims of their Own Excesses

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. Extracting oil from these...

5 November 2015

Defying Criticism, Britain Strikes a Nuclear Deal with China

At first glance, it seems an almost inexplicable paradox. A right-wing British government has invited companies controlled by the Chinese Communist Party – and in one case, the Chinese military – into the heart of the UK’s strategically vital energy...

30 October 2015

A Moratorium on Coal Mining Would be a Monumental Challenge

Federal Energy Minister Josh Frydenberg, commenting last week on the recent environmental re-approval of the Carmichael coalmining project, sought the moral high ground against the government’s critics, claiming that there is “a strong moral case” for mining and exporting coal...

28 October 2015

Low Oil Prices and OPEC, Not So Happy Together

We are a little more than a month away from OPEC's next meeting in Vienna on December 4, 2015. OPEC altered the course of the oil markets last year when it decided to cast aside its traditional role of maintaining...