Energy Archive

Chinese investment and engagement now touches almost every aspect of Africa’s economy, including infrastructure, transport and logistics, trade, manufacture, agriculture, telecommunications and, of course, resource extraction. Because of the vastness of this engagement, commentators frequently fall back on catchall concepts, including an assumption that Africa is essentially passive in this relationship. The reality is much more complicated. Instead of simply imposing Chinese approaches on African realities, Chinese actors frequently try to attain their goals by partially adapting to specific African systems, with varying degrees of success. This article provides examples of this process by looking at China’s relationships with three […]

Autumn has been a difficult season for Mexican President Enrique Pena Nieto. Public furor has erupted into sustained and sometimes violent protests over the disappearance of 43 students in the rural southwestern state of Guerrero. Long one of Mexico’s poorest, most crime-ridden and isolated states, Guerrero had not been a priority for Pena Nieto’s administration, which has focused tirelessly on promoting the image of a modern and efficient Mexico to foreign investors. But as Guerrero’s longstanding economic and security problems became headline news across the world in the past month, that crafted image of a Mexico open for business after […]

Earlier this month, while Brazilian President Dilma Rousseff rubbed shoulders with other global leaders at the G-20 summit in Australia, her justice minister, Jose Eduardo Cardozo, announced the arrest back in Brazil of 15 people for arranging kickbacks on contracts from state-owned oil company Petrobras. Shortly after hearing the news, two more executives from a major Sao Paulo construction company turned themselves in to police. The second round of the corruption investigation known as Operation Carwash was underway, and by Nov. 16, 23 people would be arrested, including Renato Duque, former head of services at Petrobras. As word of the […]

The United States and China surprised other G-20 members when they announced a new agreement last week on curbing greenhouse gas emissions just a few days prior to the group’s summit in Australia. But the G-20 member who perhaps noted this development more than others is India, currently the world’s fourth-largest greenhouse gas emitter. India was taken off guard by what amounts to China’s first step back from its previous ironclad refusal to make any binding commitments on limiting overall emissions. New Delhi is now preparing to fend off greater pressure directed its way to make similar pledges in the […]

In the months after Mexican President Enrique Pena Nieto took office almost two years ago, he impressed even the skeptics with his dynamism, tackling the seemingly immovable forces that had been blocking his country’s progress. For a time it seemed as if the new administration was about to usher in Mexico’s long-awaited revolution, one that vowed to replace poverty and hopelessness with a sense of equality and a measure of social justice, even if he was crafting that transformation through legislation rather than Molotov cocktails. Now, however, that impression has been shattered. Outraged Mexicans have been throwing real Molotov cocktails […]

Whenever a U.S. president’s party experiences major losses during a midterm congressional election, there is always pressure to fire members of his team. In this particular cycle, pundits have urged President Barack Obama to consider replacing his national security adviser, Susan Rice, and Secretary of Defense Chuck Hagel, among others, as part of an effort to change course and find a new direction for his last two years in office. But staffing questions do not lie at the heart of the Obama administration’s problems. Rather, the administration has fallen short in its ability to define U.S. strategic priorities and to […]

One look at a map of the Middle East shows why Yemen, a small country bereft of wealth or natural resources, has the potential to create serious problems not just for its neighbors but also for the global economy. Tiny, impoverished and turbulent, Yemen has escaped the spotlight mostly because the troubles in other parts of the region look more acute and more urgent. That, however, is likely to change. Over the past couple of months, the ground in that arid strip on the edge of the Arabian Peninsula has shifted. In domestic terms, what has unfolded is a sudden […]

In recent years, Chad has begun to emerge as a regional leader in Africa, playing a role in the 2012-2013 Mali conflict, contributing to the overthrow of President Francois Bozize in the Central African Republic and forming a significant military partnership with France in 2014. However, these signs of power mask an ongoing political stagnation in Chad and the failure of the government to make any serious improvements in living conditions for the vast majority of the population. Frustrations with how oil money has failed to deliver economic development, along with power struggles at the heart of the Chadian government, […]

The Russian ruble hit an all-time low of 48.7 rubles to the dollar earlier today, a casualty of escalating sanctions from the United States and the European Union in response to the conflict in Ukraine. Beyond the sanctions, Russia’s economic outlook is increasingly grim given the recent drop in global oil prices. At the same time, the Moscow Stock Exchange has announced that currency trades between the ruble and the Chinese yuan reached an all-time high in October, increasing 80 percent over the previous month. The increase in currency trading is a direct result of a currency swap deal Russia […]

Russia’s decision to skip the first planning meeting for the 2016 Nuclear Security Summit (NSS) is an alarming sign that U.S.-Russia tensions over Ukraine and other issues may disrupt their nuclear security partnership. At best, the Russian decision may simply reflect an attempt to signal irritation at the U.S. by disrupting one of Washington’s highest priorities, that of countering nuclear terrorism. At worst, it may represent a decision to boycott the entire NSS process simply because the United States is hosting it. In either case, the Russian decision is extremely counterproductive. In the short term, it risks sabotaging the tacit […]

KAMPALA, Uganda—As he delivers his lecture from the breezy, pink-hued classroom, Robert Rutaro is optimistic about Uganda’s future in oil. An attorney with a master’s degree in oil and gas law from Scotland, Rutaro returned home this January to find a job in Uganda’s Ministry of Energy and now doubles as a lecturer at the Institute of Petroleum Studies-Kampala (IPSK), a two-year-old university offering a range of degree programs in oil and gas sector management. Since 2006, when the Anglo-Irish firm Tullow discovered East Africa’s first commercially viable oil in the vicinity of Uganda’s Lake Albert, the country has been […]