Energy

U.S. Secretary of State John Kerry and his Iranian counterpart Mohammad Javad Zarif will meet again on March 15 in Lausanne for the final stretch of international negotiations on the Iranian nuclear program.

After eight years of planning, funds have become available for the planned 310 megawatt (MW) Lake Turkana wind farm project estimated to cost $775 million – the largest private investment in Kenya’s history.

The tragic outbreak of Ebola in Liberia that has killed at least 1,800 people has only added another debilitating layer on top of a slew of other concerns the government and its citizens are trying to overcome, especially years of civil war that ravaged the nation.

Most people have never heard of El Hierro, westernmost of the Spanish-controlled Canary Islands off the coast of Africa. But this tiny outpost, population 10,000, may well become a model for larger communities and countries seeking energy independence.

Eight months after constitutional amendments were introduced to reform Mexico’s oil and gas, and electricity sectors, Mexican President Enrique Pena Nieto took a historic step and signed energy reform bills passed by the Congress of the Union into law.

South Africa is leading the charge of developing renewable energy in sub-Saharan Africa in part due to policy that provides a conducive investment environment to entice developers to investigate projects within the nation. As load shedding is a too frequent event, the nation is adding new options to its energy mix. Recently in South Africa’s […]

  It is not breaking news that Iraq sits atop vast amounts of oil. The country has the fifth largest proven crude oil reserves globally with an estimated 140 billion barrels. (For comparison: Iran, fourth globally, has an estimated 150 billion barrels, and Kuwait, sixth globally, has about 104 billion barrels of proved reserves. Iraq […]

Russia and China last month agreed to a landmark natural gas deal nearly a decade in the making that will put the two in partnership for the next 30 years. Russia’s energy giant, Gazprom, and the China National Petroleum Corp. signed the much-anticipated $400 billion natural gas deal on May 21. The exact pricing remains […]

Is a solution to the ongoing, four-decade long Cypriot crisis finally at hand? Judging by the insinuated words of Joe Biden during his recent visit to the divided island, so it may seem. It is no happenstance that the second time a U.S. vice president visits Cyprus after Lyndon Johnson’s visit of 1962 took place […]

Two large natural gas deposits off Israel’s coast hold the potential to bring warmer relations between the Jewish state and its Muslim neighbors, even Palestinians despite faltering political talks. Thanks to these natural gas fields—the Leviathan and the Tamar—Israel is expected to become a significant natural gas exporter over the next decade. The Tamar field […]

Editor’s Note: The following is a contributing guest piece. Saeed Ghasseminejad is the cofounder of the Iranian Liberal students and Graduates (ILSG) and the International Center for Liberalism Studies (ICLS). His work on economy and politics of Iran and the Middle East and has been published in CNBC, The Weekly Standard, National Post, International Business […]

By Sarah Lawson and Marina Tolchinsky The discovery of oil off Ghana’s coast in 2007 sparked both excitement and concern. While the actual finds were modest in comparison with regional oil powerhouses such as Nigeria and Angola, it was estimated that oil exports could bring $1 billion in gross annual revenues.[1] As the country began […]