Foreign Policy Blogs

Tag Archives: Oil

How Somalia Was Made ‘Great Again’

How Somalia Was Made ‘Great Again’

  In recent weeks the confluence of many issues and events of different shades and dangers made Somalia’s political situation more complicated. This being the last year of the current administration, challenges of that nature are not entirely new, but the intensity and volatility of these developments are. However, this piece is not an attempt […]

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COVID-19’s Impact on Energy Markets

COVID-19’s Impact on Energy Markets

With COVID-19 spread across the globe and spikes of cases emerging, economies have fallen into recession and energy markets have been severely impacted, bottoming out in April. The global gross domestic product (GDP) in 2020 is now projected by the International Monetary Fund to decline to -4.9%; global GDP in 2019 was 2.9%. Furthermore, historic […]

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African Regimes at a Crossroads

African Regimes at a Crossroads

New hope is blowing across the African continent against the backdrop of toppled heads of government and state in South Africa and Zimbabwe and a rejuvenated government that is pursuing ambitious reforms in Ethiopia. Other recent examples of transitions from long-sitting governments have also played out in Burkina Faso and The Gambia where the sitting […]

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China and India Establish “Oil Buyers’ Club” to Counter OPEC

China and India Establish “Oil Buyers’ Club” to Counter OPEC

    On June 11, major Chinese and Indian oil companies started a formal meeting in Beijing, discussing the establishment of an “oil buyers’ club” to negotiate better prices with OPEC countries. The chairman of China’s biggest energy company China National Petroleum Corporation (CNPC), Wang Yilin, and the chairman of refiner Indian Oil Corporation both […]

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Libyan Oil: A Bittersweet Return?

Libyan Oil: A Bittersweet Return?

Libyan oil coming back online could jeopardize a fragile production cut deal orchestrated by producers cartel OPEC to rebalance the global oil supply glut.

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Arab Spring Aftermath: Libya

Arab Spring Aftermath: Libya

The fall of Gaddafi destroyed the fragile post-colonial state which his iron-fisted rule had held together.

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Libya: Still a Fractured Land

Libya: Still a Fractured Land

Disagreement over how money from the country’s oil, which represents 98% of government revenue, should be distributed is paralyzing Libyan peace efforts.

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Whose Foot Will Drop in Oman?

Whose Foot Will Drop in Oman?

From an impoverished land into a prosperous nation with military agreements with the U.S. and the UK, Oman’s progress may come crashing to a halt.

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Saudi Arabia and the End of the Rentier State

Saudi Arabia and the End of the Rentier State

With a young, restless population and decreased oil revenues, Saudi Arabia needs to abandon its rentier economic system and build a more sustainable model.

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Iran’s Delicate Balancing Act

Iran’s Delicate Balancing Act

Simultaneously courting the West and expanding its influence beyond its borders could work in the short-term. But in the short-term only.

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Could Turkey Implode?

Could Turkey Implode?

Turkey, long hailed as a bastion of secular democracy in the Muslim world, could be spiraling toward an all-out civil war as conflicts between Turkish security forces and Kurds as well as other ethnic minorities continue to escalate.

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Saudi-Iranian ‘Cold War’ Uses Sectarianism As Tool

Saudi-Iranian ‘Cold War’ Uses Sectarianism As Tool

Following Saudi Arabia’s execution of the Shiite Cleric, Nimr al-Nimr, observers of the Middle East are pondering a multitude of eventualities, many of which point to a hot conflict between the two regional powers.

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Going Backwards: The Crisis in Venezuela

Going Backwards: The Crisis in Venezuela

Chavez’s 21st century socialism has failed, pushing Venezuela to the brink of a major humanitarian crisis.

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A Public Private Partnership for Iran’s New Petroleum Contract?

A Public Private Partnership for Iran’s New Petroleum Contract?

Can public private partnership provide a solution for the financing of energy infrastructure projects, at a time when Iran is facing declining revenues as a result of years of crippling sanctions?

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Energy Resources and Political Dynamics with Gulf States

Energy Resources and Political Dynamics with Gulf States

For years, oil has been powered our increasingly technologically dependent world. Oil alternatives are becoming increasingly popular, and coupled with the Persian Gulf’s limited supply, many governments have tried to stay ahead of the market, which forecasts a world that’s not dependent on the Arabian Peninsula’s oil.

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