Who will win the oil price battle, Saudi Arabia or US capitalism and shale producers? Probably both; US oil producers are taking unparalleled steps to lower their costs. By the same token, Saudi Arabia is the king of the oil markets for a reason – geologically it is essentially the perfect oil producer
Argentina holds the world's second largest shale gas and fourth largest shale oil reserves. Yet unlike the production boom unleashed by the shale revolution in the US, its vast shale plays have remained comparatively idle. Politics and economics are largely to blame.
With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker?
European Union member states have many differences in terms of their energy security and, in particular, in their degree of exposure to a possible disruption of gas supplies from Russia.
While volatility in oil markets will likely persist, prices are expected to remain soft over the next few years. The declining prices present a unique window of opportunity to reform inefficient fossil fuel subsidies everywhere, says a new World Bank estimate.
How vulnerable are the Gulf economies to low oil prices and how will they cope if the current slump continues?
State gas companies of Turkmenistan, Afghanistan, Pakistan, and India have established TAPI Pipeline Company to build, own and operate the planned 1,800-kilometer natural gas pipeline from Turkmenistan. The move has rekindled hopes of Turkmenistan's gas reaching energy-starved India and Pakistan.
Germany’s move to renewables has been a success. It has happened at high speed since the late 1990s. The debate is no longer whether it will succeed, but rather what do we do with “too much” renewable power. But behind this positive story, the dark side is the huge expense.
The government of Prime Minister Nawaz Sharif is under fire for its failure to ease Pakistan's crippling energy crisis. But one analyst sees some promise in Islamabad's outreach to China for help.
Burdened by high energy costs and situated on the front lines of a changing climate, Caribbean countries are on the verge of a sustainable energy revolution. Clean energy technologies are making headway throughout the Caribbean—and the U.S. should take note.