China experts may argue whether this is a setback for President Xi Jinping or not. In the face of faltering growth and energy crises, this haphazard reopening will bring turmoil to global energy markets, but not for the reasons you may think. Read the full article here…
Category Archives: Energy Security
Sailing Solo: The Coming Shipping Revolution And LNG
The Prism Courage, the Hyundai Group’s 134,000-ton natural gas tanker, made history as the first large ship to make an autonomous voyage of over 10,000 kilometers. While many vessels are equipped with autopilot, the ship’s autonomous navigation system HiNAS 2.0 utilized artificial intelligence to steer and select optimal routes and speeds. Read the full article…
Kazakhstan Needs Stability And Economic Institutions To Develop Energy Resources
To understand the international agonies and opportunities that rising energy supply costs, exogenous shocks, increasing interest in renewables, and Russia’s invasion of Ukraine present, there is no better example than Kazakhstan. It is singularly damaged by the current crises while simultaneously having so much potential to benefit from the global need for energy. Read the
China’s Wind Power Push Threatens US Strategic Interests
Government priorities feature prominently in discussions over the transition to renewable energy. Enthusiasm may abound for wind power, but if the United States is serious about its future, it must address critical supply chain disruptions and market-distorting foreign competition. Read the full article…
Viktor Orban’s Goulash Energy Policy Makes Hungary Putin’s Trojan Horse In Europe
On Wednesday, Hungary demanded that shipments of Russian oil be exempt from the European Union’s proposed sanctions. This statement comes amidst tense negotiations between Budapest and Brussels over the EU’s sixth round of penalties against Moscow. Budapest has proven the most skeptical of the plan, which requires the unanimous consent of member states. Read the full article…
2022: The Great Boom or Great Bust for Electric Vehicles
Sales of electric vehicles (EVs) are booming. First-quarter results are in, and they rock. Despite supply chain issues and higher upfront costs, the auto industry reports strong performances in EVs, with Ford announcing a growth rate of 139%, Volkswagen of 65%, and Tesla — an increase of 81%. Read the full article.
Can A Nuclear Power Boost Save Inflation-Ridden British Energy Economy?
High energy prices in the UK have led to the worst cost-of-living increases in decades— with economists warning inflation could breach 10% this year. Households faced a record energy bill spike of 54% at the beginning of April and are set to rise again in October. Read the full article…
Profits Skyrocket for US LNG Companies
The United States is poised to become the world’s leading liquefied natural gas (LNG) exporter by the year’s end. The US Energy Information Administration forecasts the country will export a whopping 12.2 billion cubic feet per day (Bcf/d) average to surpass Australia and Qatar for the top spot. Read the full article…
How Biden’s New Energy Restrictions Defeat His Goals For Helping Ukraine
The Biden administration has reinstated restrictive policies under the guise of environmental protections that impact the construction of major infrastructure projects in the United States, including pipelines and highways. The timing could not be worse. Read the full article here…
The U.S. Can Win Over Russia’s Neighbors
Vladimir Putin’s war against Ukraine has provided the U.S. with a critical opportunity to diminish Russia’s influence over its neighbors by giving them technical assistance, economic development, and security that neither Moscow nor Beijing can. Read the full article…