Latest Articles about Energy

Belarusians Worry About the Economy
Belarus has been preoccupied in recent days with President Alyaksandr Lukashenka’s decision not to cancel this year’s annual May 9 Victory Day military parade, which marks arguably the country’s most important public holiday. “I must say that we cannot cancel the parade,” declared Lukashenka on... MORE

Looking Beyond China: Asian Actors in the Russian Arctic (Part One)
Among the non-Arctic states seeking partnership with Russia as a means to increase their presence in the northern polar region, China has become by far the most visible player (see EDM, May 20, 2019). Yet, other emerging actors—India and Japan—should be noted. On January 14,... MORE

Russian Inroads Into Central Africa (Part Two)
*To read Part One, please click here. Beginning in 2019, Russia intensified its outreach to some Central African countries—particularly, the Democratic Republic of the Congo (DRC) and the Republic of the Congo (hereafter, the Congo). Russian interests in the region are premised on a... MORE

Coronavirus Cases Hit Russian Oil Rig Workers, Putting Additional Pressure on Domestic Energy Industry
The COVID-19 coronavirus has dealt the Russian crude oil industry a two-pronged blow: first, decimating global demand, and now, disrupting output by infecting hundreds of oil-field workers. It has similarly hit natural gas–production operations, another Russian economic mainstay. The blame rests squarely with the Russian... MORE

Russian Oil Bluff Is Called, and Economic Losses Keep Mounting
News about a new deal on oil production cuts, agreed between Russia and the Organization of the Petroleum Exporting Countries (OPEC) and then augmented by the communique of the G20 energy minsters last Friday (April 10), had been expected; as such, the developments made little... MORE

Russia’s Oil Production Is Incapable of Making Needed Cuts to Stabilize Price
The oil price fixing pact known as “OPEC+”—between the original oil-producing members of the Organization of the Petroleum Exporting Countries (OPEC) and some non-members, primarily Russia—was agreed in December 2016 and implemented in 2017. By limiting oil production, OPEC+ helped keep global prices relatively high.... MORE

Kazakhstani President Tokayev Embarks on a Turbulent Second Year in Office
On March 19, 2019, Nursultan Nazarbayev resigned as president of Kazakhstan and was constitutionally succeeded the following day by the speaker of the Senate, Kassym-Zhomart Tokayev. Less than three months later, on June 9, the president ad interim was confirmed in his role through a... MORE

Russians Grapple With Oil Price War at a Time of Pandemic
The timing could not have been worse for Russia to provoke a spat with Saudi Arabia over oil production quotas in early March. Moscow’s decision to withdraw from the OPEC+ agreement restricting oil production in order to maintain higher oil prices triggered a harsh reaction... MORE

Belarus’s Geopolitical Loneliness
The veil of uncertainty (see EDM, March 17) surrounding Belarus’s short- to medium-term socio-economic prospects continues to thicken. Alexander Chubrik, a reputable economist, writes about the Four Horsemen of the Apocalypse who have arrived in Belarus at the same time (Tut.by, March 16). They represent... MORE

Collateral Damage: Azerbaijan and Central Asia Are Caught in Russia’s Oil War
As the novel coronavirus responsible for the COVID-19 pandemic continued to spread across the Eurasian landmass and beyond, the energy-producing states of the South Caucasus and Central Asia were dealt a separate, serious economic blow by Russia. Specifically, Russia’s decision to pull out of the... MORE