Congressman Mike Turner, Chairman of the US delegation to the NATO Parliamentary Assembly, released a statement in response to the seizure of a natural gas terminal near the Crimean border by Russian forces. While the plant’s seizure looks to be motivated by Russian desire to control local Crimean energy infrastructure and keep it out of Ukrainian opposition… Keep reading →
Geopolitics
Energy Quote of the Day: ‘This Vote is a Sham and a Flagrant Violation of International Law’
By Jared AndersonSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.The US EPA lifted a ban that prohibited BP from bidding on new leases in the Gulf of Mexico. BP was suing the EPA because of the ban. The British oil major may now participate in a lease sale being held this Wednesday. “After a lengthy negotiation, BP is pleased to have reached this resolution,… Keep reading →
A deal to buy Israeli natural gas can help mitigate the kingdom’s energy shortage and steer Amman away from problematic nuclear plans, but it risks stirring domestic opposition. In February, two private Jordanian firms signed a contract with a private U.S.-Israeli consortium to import natural gas from Israel’s giant Tamar field, located under the bed… Keep reading →
The Saudis threatened to block fellow GCC member Qatar’s land and sea borders unless it cuts all Muslim Brotherhood ties, shuts down Al Jazeera and expels think tanks Brookings Doha Centre and the Rand Qatar Policy Institute. Saudi Arabia, UAE and Bahrain withdrew their ambassadors from Doha last week to protest Qatar’s Muslim Brotherhood support,… Keep reading →
Ukraine’s political crisis continues, with Russian troops in Crimea, reformist forces in power in Kiev, and Europe, the US and Russia vying to broker a lasting solution. Just below the surface is the critical issue of natural gas. Europe gets approximately one-third of its gas from Russia and the majority passes through Ukraine. Will Ukraine… Keep reading →
The military chief has some strong assets and likely staying power, but he will still face great pressure if he is elected as anticipated, since the benchmark for success will be his ability to satisfy an Egyptian polity filled with unrealistically high socioeconomic expectations. The February 24 resignation of Egypt’s cabinet has fed expectations that… Keep reading →
Analyzing the Gas Interconnection Between Chile and Argentina
By Fabiola RodriguesOverview This paper focuses on evaluating the gas interconnection between Chile and Argentina from 1994 to 2009. In order to attain this goal the article describes the negotiation process between The State and the private sector. Firstly, it tries to introduce the reader to the Argentinean and Chilean status in terms of energy at the… Keep reading →
This first of three articles on how Gazprom is attempting to revamp its natural gas export strategy in Europe reviews Germany’s central role in this endeavor with specific focus on the traditional role of underground gas storage facilities. Germany is the second largest natural gas consumer in the EU, closely trailing the United Kingdom. Moreover,… Keep reading →
Energy News Roundup: North – South Sudanese Conflict Escalates, Oil Production Shut In
By Jared AndersonThe conflict between North and South Sudan is rapidly deteriorating amid talk of war. The South last Friday and Saturday reportedly shut in 900 oil wells and signed a deal with Kenya to construct a new pipeline that would divert exports away from the North. “What the South will pay to ship oil north to… Keep reading →
Incremental Iraqi oil production growth will play a critical role in the medium-term global oil market and increasingly demand Opec’s attention, as other producing countries will need to cut output to avoid flooding the market and potentially reducing the price of oil upon which their economies rely. This Congressional Research Service report focuses on politics,… Keep reading →