Increased oil supplies will moderate prices. But renewable energy will now have to compete with fossil fuel industryBy Richa Mishra ticking to his narrative of “Drill, Baby, Drill”, on January 20 Donald Trump, after taking office as the American President for the second time, declared National Energy Emergency. The objective of …
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The U.S.-Turkey relationship faces considerable challenges and opportunities during Trump’s second term, emphasizing defense cooperation, economic ties, and regional security. Observers in Ankara are cautiously optimistic that Trump’s transactional diplomacy could help resolve contentious issues, leveraging common interests in this crucial bilateral relationship despite the complex geopolitical environment.[1] The personal …
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Biden’s LNG freeze makes little sense from both European and the US energy security perspectives. It won’t promote a green energy transition. Most energy experts acknowledge that LNG is the principal bridge fuel necessary for a green future. And if American LNG is not readily available, it will be replaced …
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On the heels of its latest forum in Algiers, the Gas Exporting Countries Forum (GECF) has grown substantially in size and influence, highlighting the essential role of natural gas in balancing global energy, promoting sustainability, and addressing market volatility, technological challenges, and geopolitical tensions. The 7th Gas Exporting Countries Forum (GECF) Summit in Algiers …
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As Qatar sets higher ambitions for its gas output, Iranian officials scramble to justify their under-performance in developing the South Pars field, resorting to statistical maneuvers to deflect criticism. Sakhavat Asadi, the chief executive of Iran’s Pars Special Economic Zone Organization, has claimed that Iran’s natural gas production from the …
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Iran, despite having the world’s second-largest natural gas reserves, has not yet become an LNG producer, and faces a critical shortage for essential domestic needs. Natural gas that has been cooled to a liquid form for convenient and secure non-pressurized storage or transportation is known as liquefied natural gas, or LNG. …
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While none of the dozens of deals between Iranian and Russian oil companies over the past decade have been implemented, Russia now intends to export gas to Iran. It should be noted that due to European sanctions, Russia faced serious challenges in selling natural gas. Simultaneously, during the three-day visit …
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The Russian invasion of Ukraine has given Oman’s natural gas industry, long handicapped by relatively modest reserves and high extraction costs, a new lease on life. The global energy crisis caused by Russia’s invasion of Ukraine one year ago has underlined the centrality of LNG to Europe’s energy security. Since …
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As Saudi Arabia has grappled with its Vision 2030 reform plan and its transition away from fossil fuels, one international partner of choice in the energy sector has emerged: the United States In recent years, many countries in the Middle East region have concluded that their continued economic dependence on …
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Without the lifting of sanctions and a fundamental change in Iran’s foreign policy, it won’t be easy to resolve tensions in the region and increase the level of political and economic relations with neighbors. Regionalism and the development of Iran’s relations with Russia and China are among the presidency’s priorities in …
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