Gulf crisis tests China’s energy stockpile
China’s crude stockpiles and rising domestic gas output are an energy buffer against Gulf disruption in the short term
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Past Event
September 10, 2015
2:00 pm - 3:30 pm
In response to the oil price collapse of 2015, the Center on Global Energy Policy (CGEP) undertook a project to examine the impacts of the oil price drop on the worlds major oil producers. To date, the Center has published detailed studies looking at the effects of the oil price drop on Mexico and Iran. As the next product in this series, the Center on Global Energy Policy released a new report: The Impact of the Decline in Oil Prices on the Economics, Politics and Oil Industry of Venezuela. The report examines the current difficulties facing Venezuela in light of its dependence on revenues from oil exports and the issues facing the energy sector, which have become more acute in the lower oil price environment seen over the past year.
The report’s author, Dr. Francisco Monaldi, Fellow in Latin American Energy Policy, Baker Institute for Public Policy, Rice University; and Associate in Geopolitics of Energy, Kennedy School of Government, Harvard University, gave an overview of the report and its key findings, followed by a panel discussion moderated by Center Director Jason Bordoff featuring:
On February 28, the United States and Israel launched an attack on Iran, resulting in the deaths of Iranian Supreme Leader Ali Hosseini Khamenei and senior Iranian leaders...
The recent military operation to remove Venezuelan President Nicolás Maduro and First Lady Cilia Flores raises several implications for the future of Venezuela and Latin America, geopolitics, and energy markets. Cosponsored by SIPA’s Institute of Global Politics (IGP) and Center for Global Energy Policy (CGEP), along with Columbia’s Institute of Latin American Studies (ILAS), this webinar will analyze the circumstances and impact of their capture and extradition to New York to face narcoterrorism and drug trafficking charges.
The Columbia Global Energy Summit 2026 is an annual event dedicated to thought-provoking discussions around the critical energy and climate challenges facing the global community.
On October 22, the United States Department of the Treasury announced the imposition of sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, as a penalty for what it characterized as a lack of Russian commitment to ending the war in Ukraine.
On February 28, the US and Israel launched new attacks on Iran targeting primarily the country's leadership, security forces, and missile program.
Iran has among the world's largest natural gas resource bases, but its ability to supply regional and global markets is constrained by sanctions, underinvestment, and limited export infrastructure.
Multiple US–Iran conflict scenarios carry materially different risks for global oil infrastructure, transit routes, and prices.