Oil Prices Have Fallen, but the Crisis Is Far from Over
Oil prices fell sharply on news of the US-Iran agreement, yet the relief in the markets may prove premature. The Strait of Hormuz …
“Drill, baby, drill!” Natural Gas Fracking Has Saved Americans Trillions
New extraction methods turned the US into a net exporter of natural gas. They also lowered the costs of heating and cooking.
Germany’s Wrong-Way Energy Policy
Global energy demand is soaring, driven by the technologies of the future. Germany, meanwhile, is blowing up power plants and regu…
From Ruin to Relevance: Syria Tries to Sell Its Geography to the West
Syria shows how quickly the rhetoric around a country can change. Yet while Damascus now casts itself as a future energy hub, the …
Oil Windfall Tax Debate Exposes Central Europe’s Dilemma
Europe’s oil majors are posting bumper profits, prompting fresh calls for windfall taxes. Slovakia, however, shows why the debate …
Putin and Xi Agree on Construction of Second Siberian Gas Pipeline
Moscow and Beijing have discussed the Power of Siberia 2 gas pipeline for a decade. The project now appears to be gaining momentum…
The Battle Over CEZ Is About More Than Energy
The Czech government is preparing a step that could reshape the ownership of energy giant CEZ, with the huge cost of the Dukovany …
Germany and India Warn of Gas Shortages
Germany is urging citizens to save gas while denying that there is a real crisis. India, by contrast, is openly warning of the dan…
Why the Oil Crisis Will Not Ease Anytime Soon
Global oil markets are approaching a point where demand will have to adjust to constrained supply, a shift that is likely to be pr…
Beyond the Druzhba: Will Moscow Wean the EU off Kazakh Oil?
Kazakh oil matters more to Europe than it appears. Russia’s decision to halt supplies to Germany looks political – but Moscow has …
Hormuz Blockade Redraws Winners and Losers in the Gulf
The closure of the Strait of Hormuz has divided Gulf states into those benefiting from higher oil prices and those losing out beca…
Five Reasons Why the UAE Is Leaving OPEC
Oil prices are rising despite the Emirates’ announcement that it is leaving the cartel, but the move could reshape the market once…
UAE Quits OPEC and OPEC+ as Oil Markets Brace for Turbulence
Analysts warn that the departure of the United Arab Emirates could weaken the group's ability to make up for oil supply shortfalls…
Ukraine Repairs Druzhba Pipeline, Oil Flows to Resume
Ukraine has completed repairs to the Druzhba pipeline, Hungarian oil company MOL said, paving the way for Russian oil flows to res…
Cheap Electricity for Industry – Europe’s Costly Stopgap
Germany, Bulgaria and Slovenia are cutting electricity prices for industry, with Austria pushing for a similar model. The measure,…