MenuEven before battlefields are silent, the battle for billions in Ukrainian reconstruction budgets has already begun. Top U.S. policy makers, including Secretary of Treasury Janet Yellen championed the initial assistance package to Ukraine, which passed (86-11) in the Senate on May 19. Read the full article…
Category Archives: Europe
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…
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…
Putin’s War in Ukraine Forces New Energy Reality on Europe
During President Joe Biden’s visit to Europe, the US struck a deal with the EU to boost its liquefied natural gas (LNG) supply as the trade bloc seeks to reduce its dependence on Russian gas. The war in Ukraine highlighted the Old Continent’s unsustainable Russian energy habit. Read the full article…
Can Energy Exports Save The Russian War Machine Facing Western Sanctions?
Last week President Joe Biden announced a complete ban on Russian oil and gas imports – the latest in a series of debilitating sanctions meant to punish Russian President Vladimir Putin for his crimes against Ukraine. The declaration followed an already steady stream of US and Western energy companies who were departing the Russian marketplace on their
The US Bans Russian Energy Imports – Symbolically
As Russia’s war in Ukraine intensifies, the Biden administration banned Russian oil and natural gas purchases. This move represents a departure from initial Western sanctions against the Kremlin, designed specifically to avoid interference in Russian energy flows – particularly to import-dependent Europe. Read the full article here…
As Russia Seizes Europe’s Largest Nuclear Power Plant, Ukraine Battles Wartime Energy Challenges
Russian forces in Ukraine seized the Zaporizhzhia nuclear power station Friday, the largest nuclear power plant in Europe. Brazen tank and artillery attacks on the Ukrainian forces defending the plant resulted in a hazardous fire on some of the facility’s auxiliary buildings. Read the full article…
EU’s Rebranding Of Natural Gas And Nuclear Power As ‘Green Investments’ Could Not Come At A Better Time
Tensions between Russia and the West over a possible invasion of Ukraine have reached their zenith. If a shooting war between the two ex-Soviet states does erupt, it will likely happen within the next 72 hours, or not at all (this does not preclude the possibility of limited border incursions by Russian troops or perhaps the
Political Risks and Hobbesian Warfare Complicate Libyan Gas Supply for Europe
Since 2011, Libya has been suffering from a Hobbesian state of the war of all against all. Chaos, violence, and warfare massively impaired the north African energy giant’s oil and gas supplies. Read the full article…