Energy Archive

Late last month, more than a decade of indecision over the so-called Southern Gas Corridor linking Caspian reserves to European Union markets finally came to an end with the selection of the Trans-Adriatic Pipeline (TAP) by the Shah Deniz consortium of gas producers in Azerbaijan. TAP was selected over the much more widely recognized and operatically named Nabucco pipeline, which had captivated the energy industry and shaped the geopolitics of the Black Sea-Caspian region for years. Shah Deniz consortium members, which include BP, Statoil, Total and Azerbaijan’s national energy company SOCAR, insist that the selection was based almost entirely on […]

With FARC peace talks offering hope of a final settlement, Colombia is looking to cement the gains of the past decade. To do so will require filling in significant gaps in governance and building on the economic momentum provided by the U.S. free trade agreement and the Pacific Alliance. This World Politics Review special report looks at Colombia’s steps toward a new era of stability. Governance and Security Colombia’s Santos Gambles on FARC TalksBy Frida GhitisSeptember 6, 2012 After It Makes Peace, Colombia Must GovernBy Adam IsacsonApril 12, 2013 Chávez’s Absence Casts Shadow Over Colombia Peace TalksBy Andrew RosatiMarch 5, […]

During the first-ever business and commerce conference of the Indian Ocean Rim-Association for Regional Cooperation (IOR-ARC) in July, Indian Commerce Minister Anand Sharma called for an institutional mechanism to facilitate business interaction among members. Though the IOR-ARC has existed since 1995-1996, it has so far failed to emerge as a common economic platform, and India’s trade ties in the IOR region have progressed chiefly along bilateral lines. But with China’s economic overtures increasingly frequent and backed by commercial heft, India finds that it can no longer take its geo-economic position in the region for granted. To counter China’s commercial bilateralism, […]

In July 2012, amid the euphoria of historic elections, Libya’s future seemed brighter than ever. The polls were Libya’s first democratic elections in more than 52 years, and the promise of Libya’s Arab Spring seemed closer at hand. Many obstacles had been surmounted to demonstrate to the world that the nation could prevail against strong odds. But those obstacles have not for the most part been overcome. One year after the elections and two years after the fall of Tripoli and the toppling of Moammar Gadhafi, Libya’s transition continues to confound and dismay most observers. This is due in part […]

After nine months in Havana, Cuba, negotiators are making slow but steady progress toward ending the conflict between Colombia’s government and its largest leftist guerrilla group, the 49-year-old Revolutionary Armed Forces of Colombia (FARC). The talks are now at the second of five agenda points, and a growing segment of public opinion believes that this peace process—the fourth in the past 30 years—may end in an accord. But the FARC are not Colombia’s only leftist guerrilla group with a national presence. The National Liberation Army (ELN), like the FARC, was founded in 1964. The ELN differs from the FARC in […]

A reform push in Mexico that many have termed historic could get epic this fall. That’s when President Enrique Pena Nieto will introduce plans to reform the oil and gas sector and overhaul the country’s tax system. There’s a broad consensus among economists that Mexico’s growth and long-term vitality rely on the passage of these plans, interlinked because oil revenues constitute a substantial part—around one-third—of the federal budget. And there’s a general acknowledgment across much of the Mexican political spectrum that Pemex, the state-owned oil company, is in dire need of reform. Now in its 75th year, the company’s reputation […]

Last month, the government of Israeli Prime Minister Benjamin Netanyahu announced plans to export up to 40 percent of the gas from Israel’s Eastern Mediterranean fields, with expected earnings of up to $60 billion over a 20-year period. This is, however, only the first step toward realizing export revenues from Israel’s gas reserves, a process fraught with complicated choices over the route and destination of those exports. Rather than aiming to use its gas for any great geopolitical gains, Israel currently seems happy to avoid unsettling interested parties while it reaps long-term economic gains from its gas bounty. Domestically sourced […]

Maritime crime and disorder have plagued the Gulf of Guinea for decades, as weak and corrupt maritime security regimes emboldened thieves, smugglers and traffickers to exploit the littoral realm. The bountiful vessels serving Nigeria’s oil fields have presented a particular brand of pirates with a lucrative array of targets. With piracy no longer confined to Nigerian waters, however, West and Central African states have now recognized piracy as a regional crisis, as highlighted by a June 24-25 summit in Yaounde, Cameroon, to address the issue. “No country can withstand the growing challenges individually. That is why we agreed to put […]

Hasan Rouhani’s convincing election to the Iranian presidency may finally turn the page on eight contentious years of outgoing President Mahmoud Ahmadinejad’s leadership. The president-elect, who takes office Aug. 3, has expressed his desire to ease tensions with the United States. In particular, Rouhani has shown interest in a new round of negotiations over Iran’s nuclear program, but he made clear in his first post-election press conference that he has no intention of accepting a moratorium on uranium enrichment. This stance lines up with his historical views: Nine years ago, as chief nuclear negotiator, Rouhani compared the controversy around Iran’s […]