Articles - Commentary

Security of Supply at the Fore of SE European Energy Policies

Wednesday, November 26, 2014

Security of Supply at the Fore of SE European Energy Policies

by Costis Stambolis*

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


Wobbling on Climate Change

Wednesday, November 19, 2014

Wobbling on Climate Change

by Piers J. Sellers*

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

IEA’s World Energy Outlook 2014: An Energy System Under Stress

Thursday, November 13, 2014

IEA’s World Energy Outlook 2014: An Energy System Under Stress

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:


 Could the Sanctions on Russia Backfire?

Tuesday, November 4, 2014

Could the Sanctions on Russia Backfire?

by Nick Butler*

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


Oil Gush Keeps Prices Low as Fear is High

Tuesday, October 21, 2014

Oil Gush Keeps Prices Low as Fear is High

by Daniel Yergin*

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

Can Europe Wean Itself Off Russian Gas?

Friday, October 17, 2014

Can Europe Wean Itself Off Russian Gas?

by Christian Oliver and Henry Foy*

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


The Quest for Fusion Continues  - Geopolitical Diary

Friday, October 17, 2014

The Quest for Fusion Continues - Geopolitical Diary

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

America’s Overrated Decline

Tuesday, October 7, 2014

America’s Overrated Decline

by Joseph S. Nye, Jr.*

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?


If U.S. Joins Islamic State Fight, How Will It Get Out?

Thursday, September 11, 2014

If U.S. Joins Islamic State Fight, How Will It Get Out?

by Bill Schneider*

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


Why the Ukraine Crisis Is the West’s Fault

Monday, September 1, 2014

Why the Ukraine Crisis Is the West’s Fault

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

The World Will Watch This NATO Summit

Friday, August 29, 2014

The World Will Watch This NATO Summit

by Jan Techau*

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


Morgan Stanley Enabled Rosneft as No. 1 Until Crimea Grab

Wednesday, August 20, 2014

Morgan Stanley Enabled Rosneft as No. 1 Until Crimea Grab

By Alan Katz, Jesse Drucker and Irina Reznik.

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.

Shale Boom Brings its Own Set of Challenges

Wednesday, August 20, 2014

Shale Boom Brings its Own Set of Challenges

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.


SE Europe in the Midst of Geopolitical Conundrum

Monday, August 11, 2014

SE Europe in the Midst of Geopolitical Conundrum

by Costis Stambolis*

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.


Analysis: EU Hopes Impact Of Sanctions At Home Will Be Limited

Thursday, July 31, 2014

Analysis: EU Hopes Impact Of Sanctions At Home Will Be Limited

by Simon Marks*

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

The Kremlin’s Machiavelli Has Led Russia to Disaster

Tuesday, July 22, 2014

The Kremlin’s Machiavelli Has Led Russia to Disaster

by Gideon Rachman*

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


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