Carnegie Endowment for International Peace
New oils are emerging in the United States and worldwide. The degree to which global oils differ from one another is increasing, from carbon-laden oils that resist flow to ultra-light petroleum liquids trapped in tight shale oil. Developing these unconventional oils requires a clear departure from business-as-usual practices. The Carnegie Oil Initiative provides expert analysis, strategic guidance, and policy frameworks to manage new oil assets while protecting the climate.
Carnegie’s work to understand emerging new oils has been ongoing since our seminal publication, Understanding Unconventional Oil, in 2012. All publications from this project are archived here.
Rapidly changing global oil markets present fundamental challenges to Saudi Arabia’s ability to use its resource endowment to project global market power.
A selection of experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
While privatizing Saudi Aramco makes considerable sense over the long run, it is unlikely that a large-scale IPO will happen, either now or in the next several years.
Now that U.S. crude export restrictions have been lifted, TTIP negotiators can focus on some important emerging energy issues that the Transatlantic Trade and Investment Partnership might be well-positioned to take on.
In order to better understand the drivers of the energy productivity of oil production, it is possible to apply a detailed field-level engineering model of oil and gas production to estimate energy requirements of drilling, producing, processing, and transporting crude oil.
The American public does not know enough about changing oil resources in order to make reasoned decisions. Oil data transparency is needed for economic, safety, security, and climate reasons.