Latest Articles about Energy
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China and Venezuela: Equity Oil and Political Risk
Referring to the evolving political crisis in Venezuela, a Shanghai Academy of Social Science scholar, Zhang Jiazhe, recently remarked, if Hugo Chavez dies, “the diplomatic effect on China won’t be large because China-U.S. competition is in Asia not Latin America. Economically, China-Venezuela relations are... MORE
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Ukraine Signs Agreement to Extract Gas Jointly with Shell
Shell will extract unconventional gas in Ukraine according to an agreement signed with Ukraine last week. This will be Ukraine’s first big project with a large multinational company in the oil and gas sector, and Chevron is likely to follow suit later this year. With... MORE
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Uranium Waste in Central Asia Presents Serious Security Challenges
News agencies reported on January 10 that the European Union had earmarked 2.1 million euros ($2.8 million) for Kyrgyzstan to administer and rehabilitate the country’s former uranium-producing site in Min-Kush in central Naryn province as well as the uranium tailings (waste by-products of uranium mining)... MORE
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Russia Places Moldova in an Energy and Sovereignty Vise
Since Transnistria elected a new “president” on December 11, 2011, Russia has been trying to tighten its controls over this province, which was carved out of Moldova and is sustained by a force of Russian troops. Over the past year, Moscow has declared its intention... MORE
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Russian Energy Review in 2012: Consolidating State Control in an Uncertain Market
Increased state control and consolidation of the oil and gas sector marked Russia’s energy developments in 2012, while the state budget remained heavily dependent on energy revenues. At the same time, Russia’s markets in Europe are shrinking due to the economic crisis and the “shale... MORE
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China and Central Asia in 2013
In the last two years, China has emerged as the most consequential outside actor in Central Asia. As we have described in other writings, China’s ascension to this role has been largely inadvertent [1]. It has more to do with the region’s contemporary circumstances and... MORE
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Sino-Kazakh Ties on a Roll
The construction of China’s New Eurasian Land Bridge through Central Asia has been gathering speed in recent months and looks to make even greater progress in 2013. At the end of 2012, China and Kazakhstan opened their second major rail link at the Xinjiang-Kazakhstan border... MORE
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Mongolia in 2012: A Steady Path Toward Democracy and Development
Mongolia has remained on the radar in 2012 for international audiences, especially foreign investors who see the country either as either a land of opportunity or uncertainty. Events ranging from the parliamentary elections, to judicial procedures concerning the former president, and to restrictions on exchanging... MORE
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Energy Security in Europe: The Uncertainties of South Stream and the Delays of Nabucco
United States Senator Richard Lugar has urged the Obama administration to break Russia’s energy monopoly in Europe and called on Congress to lift limitations on LNG deliveries to NATO allies in Europe. His critical report, “Energy and Security from the Caspian to Europe,” and the... MORE
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ConocoPhillips’ Exit from Kashagan Revives Rivalries in Kazakhstan’s Oil Sector
On November 26, Kazakh media reported that the US oil company ConocoPhillips was planning to sell its 8.4-percent stake in Kazakhstan’s Kashagan oil field on the Caspian Sea. In the context of continuously falling revenues (in the third quarter of 2012, ConocoPhillips lost about 14... MORE