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EU Commission: Europe Could Face 5 to 9 bcm Winter Natural Gas Shortfall

The EU Commission recently released the first “Energy Security Stress Tests” in the wake of the Ukraine crisis. On its behalf, the European Network of Transmission System Operators for gas (ENTSOG) modeled two disruption scenarios for a period of...

Posted October 21, 2014    

Upcoming US Arctic Council Chairmanship Should not Focus on Military Security

A previous article explained why the Arctic is currently a central theme in world politics. Canadian Professor Michael Byers established this thesis during a highly informative event hosted by the Center for Strategic & International Studies (...

Posted October 17, 2014    

Life-Cycle Study Confirms Global Environmental Benefit of Low-Carbon Energy Technologies

There is, by now, a general consensus that transitioning to a low-carbon economy is critical for mitigating the effects of climate change. Supporting carbon-cutting efforts entails a move away from fossil fuel-fired power generation and concurrently...

Posted October 16, 2014    

Why is the Arctic at the Center of World Politics?

News coverage of the Arctic has been steadily growing in tandem with the rising importance of the region in recent years. The focus of international politics often tends to revolve around energy security within the context of a global scramble for...

Posted October 10, 2014    

How (Geo)Political Stability Traded for 'Messy' Democracy in the Middle East Hinders Energy Market Interconnectivity

Iraqi election workers count ballot papers March 7, 2010 at a polling station in Baghdad, Iraq.Majid Jafar, CEO of Crescent Petroleum, suggests in an article titled “What can the Middle East learn from the US shale boom?” three ways for regional...

Posted October 8, 2014    

Energy Use of a 100-Watt Light Bulb per Year by Source

Lighting “consumes about 19% of the world’s electric power, more than all nuclear and hydroelectric plants can produce together (which is about 15% in total),” according to Grant Feller of the World Economic Forum. With significant future projected...

Posted October 4, 2014    

UN Climate Summit: Could Rising Seas and Coastal Flooding Give Rise to New Legal Category?

Recently the international community descended on New York City for the United Nations General Assembly’s 69th annual high-level meetings and general debate. For the first time in UN history climate change tops the agenda. In remarks at the Climate...

Posted September 30, 2014    

Sustainability and the Concept of a 'Circular Economy'

In an article for the World Economic Forum blog, Leo Schlesinger – CEO of MASISA México – makes the argument for the concept of a regenerative ‘circular economy’. This concept would basically embed sustainability firmly within society and...

Posted September 29, 2014    

Importance of Energy Sector Divestments in a Climate-Change-Driven Environment

In light of a marked increase in the number of gas divestments taking place in the Canadian oil and gas sector, Ernst & Young recently looked at a number of forces that are driving companies to shed assets thereby identifying four...

Posted September 26, 2014    

Do Smart Phones Hold Key to Reducing Energy Poverty in Developing Countries?

A new study commissioned by the United Nations revised its global population projection upward to 13.2 billion people by 2100 – including billions of new middle-class consumers. According to Germany’s Spiegel Online, the study’s lead...

Posted September 25, 2014    

Will Floating LNG Mark a Crucial Milestone in Future Offshore Global Gas Development? 

Back in 2011, Shell took the final investment decision (FID) on its Prelude FLNG project and started having a floating liquefied natural gas (FLNG) terminal built in South Korea in order to produce and export LNG from the so-called Browse Basin,...

Posted September 17, 2014    

Data Avalanche and the 'Great Crew Change' in the Oil and Gas Industry

In an August article for McKinsey Insights the authors – Stefano Martinotti, Jim Nolten, and Jens Arne Steinsbø – write that “the rapid progress of technology such as big data and analytics, sensors, and control systems offers oil and gas companies...

Posted September 11, 2014