Resolute development of the already explored and accessible Ukrainian resources could result in a substantial increase of Ukrainian gas production. The boost would not only enable the country to fully cover its domestic gas needs, but also make Ukraine largely self-sufficient from an energy perspective. In a best-case scenario, increased production could even allow Ukraine to start exporting gas to or via neighboring European states. This would be feasible because Ukraine’s substantial gas transportation system means that the necessary infrastructure is already in place to bring large amounts of gas to the EU.
There are two major topics in transatlantic relations that constantly hit the headlines: burden sharing and energy security. The latter is best exemplified by Nord Stream 2—a pipeline that will transport natural gas from Russia to Germany while bypassing Ukraine—which has driven a wedge between European and transatlantic unity. If completed, this pipeline would challenge the principle of fair play in the European market, existing European regulatory protections for consumers, and the political cohesion of the transatlantic relationship.
Astronauts aboard the International Space Station photographing East Asia were surprised when they saw a ‘black hole’ between China and South Korea.
U.S. lawmakers are concerned about the lack of preparation for a possible long term power outage caused by a cyber-attack against the energy sector.
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.
During President Obama’s recent trip spanning China, Myanmar and Australia, he along with Chinese President Xi Jingping announced what amounts to a historic agreement between the nations to reduce greenhouse emissions (amongst agreements to extend visas and trade deals to eliminate tariffs on IT products).
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.
Considering the violent political unrest in various parts of the world, many accept the claim that the 21st century will go down in history as a period of global reorder, perpetual insecurity and bloodshed. If the grim headlines of the first decade could be taken as forecasts of the storms ahead, many nation-states are […]
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 […]
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 […]
Ever since Moscow decided to up the ante and invade the Crimean peninsula, shale gas reentered journalist lingo. Many have chipped in the debate, including Speaker of the House John Boehner who has argued that American gas is the sole remedy for Russia’s dominance of the European energy market. His diagnosis was that since natural […]
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