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
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
Turkey-Russia conflict has implications for the South Caucasus
When Turkey shot down a Russian warplane in November, the ensuing conflict between the two countries had ripple effects in the South Caucasus and beyond. Turkey made a strong statement of its readiness to defend its interests in a turbulent neighborhood, reinforcing its status as a regional power to be ...
With India ready for takeoff, Modi pauses over launch button
After his first 18 months in office, during which India’s economic prospects have brightened considerably, 2016 gives Prime Minister Narendra Modi a last window of opportunity for radical new policy initiatives. If he decides on a bold course, it would depart from the incremental approach that has characterized Mr. Modi’s ...
Barun S. Mitra