Tag Archives: Oil
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 […]

Continue Reading
Source: Wikimedia Commons

Europe moves to reduce energy dependency on Russia

The Ukrainian crisis and sour relations with Russia highlight the need to address the EU’s energy security issues. The recent EU Ypres summit decision might be an important step in this direction. In late May, the European Commission unveiled the new European Energy Security Strategy (EESS) with key recommendations on how to improve the EU’s […]

Continue Reading
Source: Wikimedia Commons

4 things the world in 2014 has in common with 1914

There are striking parallels between the world in 1914 and 2014. While we may not see another world war break out, the various challenges confronting the world today and the risks they starkly hint at should serve caution to those seeking to do business in the international arena. June 28th of this year marked the […]

Continue Reading
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 […]

Continue Reading
ISIL ISIS Iraq Kurdistan

ISIL in Iraq Series: What does ISIL mean for Iraqi Kurdistan?

The Islamic State of Iraq and the Levant (ISIL) has moved onto the Kurdistan Regional Governorate’s doorstep, killing and plundering its way from Mosul to near Baghdad. Some champions of Kurdistan see opportunity, all the while Iraq faces an existential threat. This article is part of a GRI series on ISIL, Iraq, and the Middle East. As ISIL moved […]

Continue Reading
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 […]

Continue Reading
mexico energy oil pump

Political risk is alive and well in the global oil industry

Despite innovation in the US oil patch, the big stories in oil still lie outside the US—where hydraulic fracturing and innovation in drilling technology are unlikely to play a major role in its extraction. The oil business is likely to remain messy for the foreseeable future. For better or worse, oil will remain central to […]

Continue Reading
2012 Car Bombing in Bogota; Source: David Maiolo via Wikipedia

Armed conflict, stalled bureaucracy limit Colombia’s economic growth

Global Risk Insights has reported that the largest problem for Venezuela’s PDVSA and Mexico’s Pemex is falling oil production. Now, another South American country, Colombia, has also reported a decrease in oil production for 2013 — due to terrorism, social unrest and government inefficiency.   This year’s spring has not been very pleasant for Colombian politics. The list […]

Continue Reading
Source: Wikimedia Commons

Is South Sudan a game-changer in China’s foreign policy?

China’s active bid for South Sudan’s peace deal may mark a shift away from its traditional ‘non-interference’ foreign policy towards a more proactive role in global politics. Despite China’s unprecedented rise as an economic giant with global interests, its foreign policy has strictly upheld the principles of non-interference and peaceful coexistence for over 60 years. But […]

Continue Reading
Kurdistan investment

Interview, part I of II: Kurdistan presents investment opportunity

This is the first of a two-part interview with Brady Jewett, Kurdistan Region Project Editor at Invest in Group, a publishing and research consultancy in partnership with the Kurdistan Regional Government to promote investment in the Region. 1) Let’s start broadly: Why do you think investors should come to Iraqi Kurdistan? There are several reasons. To begin, […]

Continue Reading