Monthly Archives: March 2014

Naftogas Ukrainiy: Its Future Prospects and Dilemmas

by Anna Bartkiv On the 3rd of March 2014 Arseniy Yatsenyuk announced that Naftogas Ukrainy shall be privatized. In his eyes it is a burden for the Ukrainian economy and by privatizing it Ukraine will no longer accumulate astonishing debts to Gazprom, amounting to almost $3.3 billion as it was in the beginning of this […]

Unconventional Wisdom: Is China Preparing for a Shale Gas Revolution?

by Ryan McKinley As China is the world’s number one energy consumer, what happens in its energy sector has large and widespread implications around the globe. Until fairly recently, the Chinese have been content with producing domestic sources of coal to power their industries. But as concern for the environment grows and hydraulic fracturing technologies […]

Geopolitics and Power Systems’ Integration in the Black Sea Region

by Daniel Tappeiner The geopolitical importance of the Caucasus and Black Sea region for energy transit has implied that substantial resources are being devoted to the region by outside powers. Economic and political environments are being shaped in a way so as to be conducive to promoting the interests of both the target countries and […]

Oil and Unrest in Venezuela after the Death of Hugo Chavez

by Katherine Bennett Despite holding the largest oil reserves in the world and the promise of oil wealth, Venezuela faces consumer good shortages, power outages, private property confiscations, an estimated +50% inflation rate and one of the highest murder rates in the world. Given these conditions, Venezuela in early 2014 was a powder keg waiting […]

How the Ukrainian Crisis Impacts Russia’s Energy Companies

by Koen van Delft The Ukrainian Revolution has thus far seen the ousting of President Yanukovych and the rise of new parties fighting to gain control of Ukraine. Since then, the residents of Crimea have seen the arrival of unmarked Russian military troops supposedly protecting the Russian inhabitants of the region. The most recent development […]