The European Union's diplomatic victory in forcing the Kremlin to cancel its South Stream pipeline also gives Brussels a headache: how to come up with an alternative source of secure gas supply for south-eastern Europe
The latest Russian- Ukrainian crisis and its serious repercussions on energy trade between Russia and the EU amply demonstrates the importance of energy security in the prevailing economic and financial framework which underpins the functioning of modern states
I’m a climate scientist and a former astronaut. Not surprisingly, I have a deep respect for well-tested theories and facts. In the climate debate, these things have a way of getting blurred in political discussions
Following the release of the World Energy Outlook 2014 by the IEA on November 2014, and the announcement posted on the iene.eu (see “Signs of Stress Must Not Be Ignored, IEA Warns in Its New World Energy Outlook”), the Executive Summary of the WEO 2014 has been made available. The full text of the Executive Summary follows:
The deal announced on Friday between Russia, Ukraine and the EU looks to have removed the immediate risk of gas supplies to Ukraine being cut off over the winter. The EU and the IMF will underpin Ukrainian purchases with payment in advance
Something had to give, and that something has proved to be the oil price. Its dramatic 20 per cent plunge reflects the reality of a new era in world oil, one defined by a resurgence of North American supply
The night shift at Agropolychim, Bulgaria’s biggest fertiliser plant, received a fax at 4.30am on January 6 2009 warning that their gas supply was going to be cut off immediately. The engineers demanded four more hours: an instant shutdown would leave a cocktail of explosive chemicals to congeal in the plant’s pipes, destroying vital equipment
Fusion has long been touted as the panacea for the world's energy woes. Scientists have sought to harness the same reaction that powers the stars in an effort to meet the world's ever-growing global energy demands
With the approach of the US Congressional elections, questions about the health of America’s political institutions and the future of its global leadership have become rampant, with some citing partisan gridlock as evidence of America’s decline. But is the situation really that bad?
The investment to cut energy waste in the building stock is not a cost, but a long-term investment which can redress Europe's economy and not only, writes Oliver Rapf*
When President Barack Obama makes the case for military action against Islamic State militants on Wednesday night, it won’t be hard to convince Americans to get involved in the conflict. The hard part will be explaining how we get out
The Liberal Delusions That Provoked Putin
by John J. Mearsheimer*
According to the prevailing wisdom in the West, the Ukraine crisis can be blamed almost entirely on Russian aggression. Russian President Vladimir Putin, the argument goes, annexed Crimea out of a long-standing desire to resuscitate the Soviet empire, and he may eventually go after the rest of Ukraine, as well as other countries in eastern Europe
What a difference half a year makes. In early 2014, NATO was preparing for a not-too-exciting summit in Wales on September 4–5, dutifully filling the agenda with issues such as this year’s withdrawal from Afghanistan, partnerships with nonalliance countries, “smart defense,” and readiness
Long before the Ukraine crisis ruptured U.S.-Russian relations,Vladimir Putinand his right-hand man,Igor Sechin, hosted then-Morgan Stanley Chief Executive OfficerJohn Mackat an exclusive reception at Putin’s Novo-Ogaryovo estate outside Moscow.
By Ed Crooks
In one of his characteristically compelling turns of phrase, Bill Clinton said: “So far, every single person that’s bet against America has lost money.” The best recent evidence for the truth of the former president’s 2012 proposition to the Democratic National Convention has been in the energy industry. Ten years ago, the US seemed condemned to inexorably rising imports of both oil and gas.
Once again the extensive geographical and geopolitical expanse known as SE Europe, which includes the Haimos peninsula, the East Mediterranean and Turkey, is finding itself ill placed between various conflict zones.
For several reasons. First of all the countries that supported the 2011 intervention (among them the UK, France and Italy) have an obligation to Libyans because theirs is the only country of the so-called Arab Spring in which we intervened militarily
Europe's scaled-up sanctions against Russia, targeting some of the country's largest state-owned banks, have raised many questions as to the impact they will have on the euro area's fragile economic recovery
Just a couple of months ago it was fashionable to laud Vladimir Putin for his strategic genius. American rightwingers contrasted his sure-footedness with their own president’s alleged weakness