Perhaps the most important document signed by Vladimir Putin and Xi Jinping on May 8 in Moscow is the joint declaration on the unification of the Moscow-backed Eurasian Economic Union and the Chinese Silk Road Economic Belt.
Venezuela has the world’s largest oil reserves, and the United States and China are the world’s largest oil importers, yet Venezuela’s relations with Beijing and Washington couldn’t be more different.
Oil data transparency and oil-climate oversight deserve a seat at the upcoming climate talks this winter. While worldwide economic dependence on oil presents barriers, the global economic risks of climate change requires strategic navigation.
The intensity of Moscow’s current contact with Tehran is unprecedented in Russia’s post-Soviet history. Yet despite the potential for improvement, there are serious obstacles that may hamper or even halt cooperation.
The global drop in oil prices has analysts mulling over the shrinking profitability of the oil industry. But it is not all doom and gloom.
No silver bullet solution will resolve China’s environmental challenges, but last year’s bilateral agreement with the United States is a step in the right direction.
OPEC’s decision to maintain production levels despite falling prices was a surprise to many in the energy industry.
There is still no silver bullet commodity or technology to replace oil in the global economy.
Faced with declining gas production and falling oil prices, Algeria is moving to tap its promising shale resources—but success is not assured.
The Arctic must and can, with adequate political will, remain an area for peaceful cooperation, scientific research, and sustainable development.