According to Samantha Gross, Fellow, Cross-Brookings Initiative on Energy and Climate, the renaissance in US oil and gas production has been remarkable.
European governments must not be detracted from developing a unified strategy to prevent Russian energy interventions, speakers agreed at a 24th May Atlantic Council forum.
Flashpoints in the Middle East and North Africa have already been the main focus of attention this year and have the potential to cause fresh price volatility, particularly as global spare capacity thins and economic recovery stokes demand growth.
OEF REVIEW:Civilian planes landed on Subi reef and Mischief reef for the first time on July 12th giving China three operational runways in the disputed Spratly Islands in the South China Sea. A military transport plane visited Fiery Cross Reef earlier this year but there is no evidence that Beijing has deployed military aircraft to these outposts. The reefs can easily accommodate any fighter-jet in the People’s Liberation Army Air Force or Naval Aviation.
OEF REVIEW:The AIIB and NDB are both headquartered in China and there is a strong relationship between these two institutions. Within the infrastructure space, there is such a huge funding gap that all of these institutions can work together. All of us contribute to filling that funding gap. What sets the AIIB and NDB apart is that we are focused on the five BRICS countries, while the AIIB is focused on Asia, so we have a geographical difference. But for big regional projects in Asia, we very much welcome the opportunity to partner with the AIIB to co-finance some projects. Rather than setting up a rival institution, we consider the NDB as being complementary to the existing financial architecture…
OEF REVIEW:Global energy demand will increase 25 percent between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil said today in the 2016 edition of The Outlook for Energy. At the same time, energy efficiency gains and increased use of renewable energy sources and lower carbon fuels, such as natural gas, are expected to help reduce by half the carbon intensity of the global economy.
OEF REVIEW: This Chatham House paper considers the Asia-Pacific region’s current power distribution with regard to the four principal powers, the United States, China, India and Japan, as well as reviewing the main factors for influence in the region, that is military power, diplomacy, economic strength, development assistance, and control over natural resources. The paper then looks toward 2030 explaining what could be the possible distribution of power for that time and what such a situation could mean for regional relations.
OEF REVIEW: President Putin talks with Charlie Rose about: the Islamic State and Syria; his relations with President Obama; how Russia and the U.S. cooperate for a better world; about his popularity in Russia; his views on the U.S.; Ukraine and the Minsk agreements; the disintegration of the USSR; the Baltic States; and what he sees as his legacy.
The United States is moving away from the necessity to import large volumes of natural gas for its domestic requirements. Over the last few years it has become possible to produce vast amounts of shale gas that was previously uneconomic to extract. Between 2007 and 2012, shale gas production in the U.S. rose from 1.3…
