Search

Begin New Search Topic Oil Political Geography North America

21. Columbia Global Energy Dialogue: Natural Gas Flaring Workshop Summary

Author:
Marianne Kah
Publication Date:
04-2020
Content Type:
Working Paper
Institution:
Center on Global Energy Policy (CGEP), Columbia University
Abstract:
The rapid expansion in tight oil production with its associated natural gas has made the United States the fourth largest source of flared gas in the world. The waste, emissions, and pollution caused by this flaring threatens not only the environment and human health but, ultimately, the license to operate for oil and natural gas companies. Responding effectively to the challenge of flaring requires technically and economically sound solutions that also enjoy political credibility and support. To be most credible, solutions for flaring need to be developed through open and transparent processes that provide for candid and constructive engagement by a diverse group of stakeholders. In January 2020, Columbia University’s Center on Global Energy Policy and the Energy Institute of the University of Texas at Austin gathered senior executives from the US oil and natural gas industry; current and former state government regulators; technical, market, and academic experts; and non-governmental organization (NGO) representatives with expertise in this topic for a workshop under the Chatham House Rule to discuss challenges and potential solutions to gas flaring, primarily in the Permian Basin. The gas flaring workshop focused on trends in gas flaring and greenhouse gas emissions in the United States, flaring and public policy, the disconnect between production growth and midstream infrastructure capacity, best practices and technological solutions for minimizing flaring, and regulatory and other solutions. Participants identified challenges to tackling flaring in the Permian, including poor data quality, the disconnect between the start of associated gas production and the availability of pipelines and other takeaway capacity, and the competition gas faces in the important Texas and California markets from lower-emission energy sources, and from coal in Texas. Participants also discussed potential solutions to these and other Permian flaring challenges.
Topic:
Energy Policy, International Trade and Finance, Oil, Natural Resources, and Gas
Political Geography:
North America and United States of America

22. Turkey, Libya and the Mediterranean Carve Up

Author:
Paul Rivlin
Publication Date:
01-2020
Content Type:
Commentary and Analysis
Institution:
Moshe Dayan Center for Middle Eastern and African Studies
Abstract:
The civil war that has prevailed in Libya since the fall of the Qaddafi regime in 2011 has become increasingly internationalized. Foreign powers have taken sides in the war, supplying weapons, mercenaries and other support. In recent months, Turkey’s increased intervention in support of the Tripoli-based Government of National Accord (GNA) has added another element to the internationalization of the conflict. In order to obtain military support, the GNA has allied itself with Turkey’s plan to gain control of access to the Eastern Mediterranean and its gas-fields. This poses a threat to Greece, Cyprus, Israel and Egypt, who are all cooperating in the utilization of those fields and the possible development of pipelines to Europe.
Topic:
Energy Policy, Oil, and Conflict
Political Geography:
Turkey, Middle East, Libya, and North America

23. Seven Ironies of Reconstructing a New Security Paradigm in the Gulf

Author:
Mohammed Cherkaoui
Publication Date:
01-2020
Content Type:
Special Report
Institution:
Al Jazeera Center for Studies
Abstract:
During the month of January 2020, most world capitals, diplomats, and think tanks sought to evaluate the status of the already-fragile balance of power in the Gulf. The U.S. President Donald Trump’s decision to assassinate the Iranian general Qassem Soleimani in Baghdad has triggered the most acute escalation between Washington and Tehran since 1979. The White House’s pursuit of neutralizing the second most important figure in Iran, after the spiritual leader Ayatollah Khamenei, has shifted the US-Iranian rivalry into a fierce confrontation between Washington’s “maximum pressure” and Tehran’s “maximum resistance”. There have been several interpretations and predictions of Iran’s possible direct or indirect acts of retaliation vis-à-vis Trump’s threats of targeting 52 sites, which have political and cultural significance for the Iranians. Some Washington-based analysts have been wary that “the U.S. and Iran are now in a traditional escalatory slope, and although neither side wants war, there is a real risk that it might happen.”(1) Anthony H. Cordesman, leading analyst at Center for Strategic and International Studies (CSIS) in Washington, has cautioned that the new US-Iran crisis “has now led to consistent failures in the U.S. strategy when dealing with Iraq and the Middle East for the last two decades – and has already turned two apparent ‘victories’ into real world defeats.”(2) In Doha, two research institutions, Aljazeera Centre for Studies and Qatar University’s Gulf Studies Centre, hosted a two-day conference, “Toward a New Gulf Security Order: Abandoning Zero-sum Approaches” at Qatar University January 19 and 20, to formulate new perspectives of the waning regional security order, and explore how to construct an alternative paradigm. As a point of entry, the Conference concept highlighted two manifestations of the failure of the existing security order, formally adopted by all Gulf States, since the establishment of the Gulf Cooperation Council (GCC) May 25, 1981: First, to prevent the invasion, and later liberation, of Kuwait in the early 1990s. GCC established a coalition land force, “the Peninsular Shield Force”, with the objective of defending the six nation states, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Second, the decision of three member states - Saudi Arabia, the UAE, and Bahrain - to impose a blockade on Qatar, a founding member of GCC since June 2017.(3) In this turbulent part of the world, Iran’s pursuit of creating a regional security order, but on the parsuit of the withdrawal of U.S. troops from the region—a condition rejected by Gulf states, which see the United States as the principal guarantor of their national security. Moreover, Iran still considers its own foreign interventions in the Gulf and Arab region as part of its revolutionary identity, to which it has devoted resources and agencies.(4) This paper “Seven Ironies of Reconstructing a New Security Paradigm in the Gulf” is a summary of the presentation I delivered at the Conference’s fifth panel “The Gulf and the US-Gulf Conflict”. It probes into several challenges of deconstructing the status quo, before envisioning an alternative framework of mutual security cooperation among several actors in the Gulf and the Middle East.
Topic:
International Relations, Foreign Policy, Oil, and Donald Trump
Political Geography:
Middle East, North America, United States of America, and Gulf Nations

24. Why Trump Rejects the Need from Middle Eastern Oil

Author:
James M Dorsey
Publication Date:
02-2020
Content Type:
Special Report
Institution:
Al Jazeera Center for Studies
Abstract:
It is the geopolitics rather than the economics of energy that will drive US interest, particularly as it regards efforts to change Iranian policies, if not the Iranian regime, as well as the longer-term power balance in the Middle East.
Topic:
Energy Policy, Oil, Natural Resources, Geopolitics, and Donald Trump
Political Geography:
Iran, Middle East, North America, and United States of America

25. Don’t Count Out U.S. Oil Production as a Market-Shaper

Author:
Patrick Clawson
Publication Date:
03-2020
Content Type:
Policy Brief
Institution:
The Washington Institute for Near East Policy
Abstract:
Total U.S. production from all sources will remain the world’s largest no matter how low prices go, leaving Washington (and Texas) with considerable room to help domestic companies and press Riyadh and Moscow on stabilizing prices. Five years ago, U.S. shale production costs were so high that whenever oil prices dropped, the impact was felt first and foremost by American producers. Many commentators and media sources assume that is still the case, but the situation has changed dramatically. A recent IMF report with the dry title “The Future of Oil and Fiscal Sustainability in the GCC Region” listed the “breakeven price” for various sources of crude. Naturally, Gulf oil had the lowest cost at $18 per barrel, but the shocker was that U.S. shale came in second place at $22—50 percent below the average deepwater project, 80 percent below Canadian oil sands, and 90 percent below Russian onshore projects. Since costs vary widely, some projects presumably have a much lower breakeven price and some much higher, but the general findings are nonetheless striking. If the IMF is correct, then U.S. production should not be counted out, since the cost fundamentals are on its side. To be sure, the current market structure is not on U.S. shale’s side. Small U.S. producers have to raise money on financial markets and cannot rely on the deep government pockets available to producers in Russia and OPEC states. As a result, many are staring at a very dire situation.
Topic:
Oil, Natural Resources, Global Markets, Business, and Domestic Politics
Political Geography:
North America and United States of America

26. In the Era of U.S. Energy Abundance: The Role of the Caspian Region in U.S. Policy

Author:
Brenda Shaffer
Publication Date:
03-2020
Content Type:
Journal Article
Journal:
Brown Journal of World Affairs
Institution:
Brown Journal of World Affairs
Abstract:
For most of the last fifty years, international energy policy has been a major focus of U.S. foreign and national security policy.1 Washington has viewed en- suring the energy security of its allies—especially in Europe, Japan, and South Korea—as part of its own national security. In this approach to energy policy, the United States was unique and contrasted with most Western countries, which generally treated energy policy as part of their economic and/or environmental policies. Washington has engaged in international energy policy on the highest executive levels in the White House and established influential units within cabinet departments and agencies to promote international energy policies and to integrate them with U.S. national security and foreign policies. Within the Department of State, successive special ambassadors were appointed to promote various international and regional energy policies and, in 2011, a full Bureau of Energy Resources was established.2
Topic:
Foreign Policy, Energy Policy, National Security, and Oil
Political Geography:
North America, Caspian Sea, and United States of America

27. India-Canada Energy Cooperation

Author:
Amit Bhandari
Publication Date:
07-2020
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
The energy sectors of India and Canada complement each other: India is a large and growing oil importer, while Canada is a large and growing exporter of oil and gas. However, as they invested in oil fields across the world, Indian oil companies have missed out on the Canada story. Investing in Canada’s oil sector can help India guard against the risk of spikes in oil prices and provide Canada with long-term demand security. In this paper, first presented as a backgrounder at Track 1.5 meetings in Mumbai, India, in November 2019, Gateway House outlines its findings on the feasibility of Indian investment in Canada’s petroleum sector, suggesting a path forward and best prospects for investment.
Topic:
Energy Policy, International Trade and Finance, Oil, Gas, and Investment
Political Geography:
Canada, India, Asia, and North America

28. The US and Russian Resource Rivalry in the Context of the Contemporary Venezuelan Crisis Perils of the Rentier Petro-State

Author:
Anurag Tripathi and Girisanker S.B.
Publication Date:
01-2020
Content Type:
Journal Article
Journal:
AUSTRAL: Brazilian Journal of Strategy International Relations
Institution:
Postgraduate Program in International Strategic Studies, Universidade Federal do Rio Grande do Sul
Abstract:
Venezuela continues to face rampant inflation, poverty and diseases pilling up in light of the US sanctions against PDVSA (Petroleos de Venezuela,S.A), the Venezuelan state-owned Oil Company. Despite the crisis, Russia continues to play a key role in supporting the regime of Nicolas Maduro and sustaining oil production in the country. The research focuses on the role played by Russia is helping the current regime to survive against the US sanctions and the vested interest it brings along with it. The outcome of the research is to find out the role played by Russian oil industries in shaping Russia’s Foreign Policy in Venezuela and to know whether Moscow has any leverage over the energy sector in Venezuela. The paper gives prime importance to the Venezuelan economy and the Geopolitics of oil. The research aims to give a whole new outlook in the field of International Relations by exploring the nuances of oil giants in shaping relations between countries.
Topic:
International Trade and Finance, Oil, Natural Resources, Hegemony, Gas, and Rivalry
Political Geography:
Russia, Europe, North America, and United States of America

29. In Dire Straits? Implications of U.S.-Iran Tensions for the Global Oil Market

Author:
Ilan Goldenberg, Kaleigh Thomas, and Jessica Schwed
Publication Date:
11-2019
Content Type:
Special Report
Institution:
Center for a New American Security (CNAS)
Abstract:
In recent months, Iran has responded to rising tensions with the United States—particularly the US launch of the “maximum pressure” campaign against Iran—by attacking oil tankers and infrastructure in the Persian Gulf region around the Strait of Hormuz (the Strait). These actions have been designed to signal to the United States, the Gulf states, and the international community that the American strategy of strangling Iran economically will not be cost-free, and to Saudi Arabia in particular that it is highly vulnerable to Iranian retaliation. As the Strait of Hormuz is one of the world’s most critical energy chokepoints, the implications of Iran’s efforts merit close scrutiny and analysis. This study was designed to examine three scenarios for military conflict between Iran and the United States and assess the potential impacts on global oil prices—as one specific representation of the immediate economic impact of conflict—as well as broader strategic implications.
Topic:
International Trade and Finance, Oil, and Global Markets
Political Geography:
Iran, Middle East, North America, and United States of America

30. Principled Governance of Shale Resources

Author:
Aspen Institute
Publication Date:
05-2019
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Across the US there are a wide variety of opportunities to produce oil and natural gas. These opportunities have been greatly enhanced in recent years with the advent of directional drilling technology combined with hydraulic fracturing completion techniques, which have expanded the economically recoverable oil and natural gas reserves from shale resources. At the same time, the development and production of shale resources have posed real challenges and potential risks to public health and the environment. Considering both the benefits and the potential risks, every state must decide whether new oil and natural gas production should occur.
Topic:
Energy Policy, Oil, Science and Technology, Natural Resources, Governance, Gas, and Productivity
Political Geography:
North America and United States of America