Latest Articles about Energy

The Belt and Road Initiative Adds More Partners, But Beijing Has Fewer Dollars to Spend
In October 2013, President Xi Jinping of the People’s Republic of China (PRC) unveiled the Belt and Road Initiative (BRI), an ambitious plan to build infrastructure and improve transport connectivity in more than 60 countries across Asia and beyond. Since that time, the BRI has... MORE

Moscow Sees Saudi Drone Attack as an Opportunity
In an official statement, the Russian Ministry of Foreign Affairs denounced the September 14 multiple unmanned aerial vehicle (UAV) and cruise missile attacks on Saudi Arabia’s main Abaqaiq oil processing facility and the Khurais oilfield that crippled Saudi oil production: “We strongly condemn attacks on... MORE

In Ulaanbaatar, Russian President Putin Celebrates Joint Soviet-Mongolian Victory on Eve of World War II
Russian President Vladimir Putin visited Mongolia on September 2–3 to celebrate the 80thanniversary of the Battle of Khalkhin Gol, also known as the Battle of Nomonhan (TASS, September 4). The armed encounter occurred between the Soviet-Mongolian military and the Japanese Kwantung Army in August–September 1939.... MORE

Strategic Consequences of Russia’s Economic Presence in the Suez Canal Zone
Belarus recently announced plans to join the Russian Industrial Zone (RIZ) in the Suez Canal. Eventually, Minsk intends to set up its own industrial park in the Egyptian Suez Canal Economic Zone (SCZone); but for now, Belarus is content to cooperate with Moscow in the... MORE

EU Court Decision Will Limit Gazprom’s Ability to Pump Gas to Europe Via Nord Stream Route
A constituent court of the Court of Justice of the European Union has ruled that the Russian state-owned energy giant Gazprom may not use 100 percent of the capacity of OPAL, an onshore, German extension to the Nord Stream natural gas pipeline. Gazprom is expected... MORE

Iran May Not Be the Entirely Reliable Ally in the Caspian Moscow Hopes For
Following last month’s (August 12) Caspian Economic Forum in Ashgabat, Turkmenistan (see EDM, September 4), a number of Russian commentators celebrated what they saw as a victory of the “Russian-Iranian approach,” which seeks to promote north-south trade over the east-west flows supported by the three... MORE

Crimea Offers Iran Use of Its Ports for Oil Transport
Both Iran and Russia suffer from the United States’ sanctions: the former since the 1979 Islamic revolution, the latter since its 2014 illegal annexation of Crimea. But in a recent bout of creative synergy, Crimean “deputy prime minister” and the permanent representative of Crimea to... MORE

Hopes Reemerge for Trans-Caspian Gas Pipeline, but Critical Obstacles Persist
On August 12, delegations led by the prime ministers of the five Caspian littoral states—Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan—came together at Turkmenistan’s coastal resort of Awaza to hold the first annual Caspian Economic Forum. The heads of government from two other countries, Uzbekistan and... MORE

Ukraine’s Petroleum-Sector Challenges: Raising Domestic Output and Cutting Corruption
Volodymyr Zelenskyy inherited formidable challenges when he was elected Ukraine’s sixth president this spring, including a Kremlin-backed war with “separatists” in the east, deep-rooted corruption, and an ongoing natural gas dispute with Russia. Ukraine is now responding to the gas discord by trying to negotiate... MORE

High-Profile Arrest Is Latest Sign of Dysfunction in Russian Refinery Sector
Russia’s largest independent oil refiner, New Stream, recently emerged from financial devastation to resume operations. But multi-million-dollar fraud charges against its former board chair underscore the problems in an industry reeling from decrepit facilities and a new, profit-gutting tax code. At the same time, the... MORE