Tag Archives: Energy
Japan US Abe Obama

Energy shortfall reshapes Japan’s foreign policy

Since the Fukushima disaster, Japan has been forced to import much of its energy. This has created significant geo-political and economic risks and has reshaped its foreign policy. In June, Toshikazu Okuya, Director of Japan’s Energy Supply and Demand Office, presented Japan’s fourth strategic energy plan. The plan details policy options for addressing Japan’s future […]

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Source: archive.indianexpress.com

ISIL in Iraq Series: What the ISIL crisis means for India

India has strengthened its alliance with Iraq over the past year, primarily due to energy dependence. The ISIL crisis in Iraq could have repercussions for India’s energy policy as well as its foreign policy dealings with the Middle East. When the BJP took charge in New Delhi, a fragile Iraq was beginning to face a […]

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4 challenges facing Egypt’s new president Sisi

Egypt’s newly elected President, Abdel Fattah al-Sisi, inherits a nation embattled by years of turmoil and instability. A bleak economic situation and continued crackdown on opposition and militant attacks are likely to define his time in office. Following Mubarak, Morsi, and military rule, the Republic of Egypt has once again redefined its political landscape with […]

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President Enrique Peña Nieto

Energy reform in Mexico still presents risks

Mexico’s energy reforms are necessary to revitalize the sector. If the reform process is any indication, however, foreign firms will be wise to enter with caution. So dear to Mexican society is the legacy of Lázaro Cárdenas’s 1938 expropriation of the country’s oil sector that it is still celebrated annually as a national holiday. Perhaps […]

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Russia China energy pact

Sino-Russian natural gas deal transforms global energy markets

Sino-Russian energy deal will have profound economic consequences for global energy markets and will have an impact on relations between Russia and the West. On 21 May, Russia and China signed a decade-long negotiated deal on Russian natural gas exports to China valued at $400 billion. According to the agreement, Russia’s gas giant Gazprom will […]

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Austria Russia gas pipeline

Austria-Russia energy deal exposes EU disunity over Ukraine

A recent gas deal between Austrian energy company OMV and Russian gas exporter Gazprom exposes fractures within the European Union bloc over responses to the Ukraine crisis and threatens the stability of the EU policy-making. When it comes to natural gas diplomacy, member states of the EU have always found it difficult to unite under […]

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Maldives Malé

New government in the Maldives gets a shaky start

Despite surprising election results, a fractious political landscape will remain a challenge for the Maldives as the country tackles effects of climate change and growing international attention. Following Abdulla Yameen’s surprising victory over former president Mohammed Nasheed, the Maldives’ political scene remains tense. The Maldives’ Supreme Court just handed the independent election commissioners six month jail sentences […]

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Mediterranean israel gas rig drilling

Israeli natural gas may reshape Mediterranean energy dynamics

Israeli natural gas exports have the potential to reshape energy dynamics across the Mediterranean, helping Israel and its neighbors to diversify their energy access. Regional political risks, however, loom large over export deals and further exploration. Five thousand feet beneath the surface of the East Mediterranean Sea lies the Leviathan gas field, the largest discovered […]

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Hungarian Prime Minister Viktor Orban

Hungarian ‘Orbanomics’ mean unpredictability for foreign businesses

Foreign investors and businesses will remain under pressure for another four years as Hungarian right-wing party, Fidesz, secures a legislative supermajority for a second-term. In the past term (2010-2014), Hungarian Prime Minister Viktor Orban, along with his right-wing party, Fidesz, has embarked on his policy agenda of market centralisation, economic statistism, and nationalism. Orban has enacted […]

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Source: ThinkProgress

Part II of IV: Why economics, not politics, should steer energy subsidies

The first part in this series examined why energy subsidies still widely exist, despite a growing consensus arguing for their removal. This section will look at their economic cost and why emerging economies attempting to reform subsidies in a credible way could prove to be a smart long-term investment. Energy subsidies have proven economically inefficient, […]

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