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Get the latest as our experts share their insights on global energy policy.
Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
For years, Japan set aggressive decarbonization targets, positioning itself as a climate leader despite limited domestic resources. But recent geopolitical earthquakes like the ongoing war in Ukraine, increasing...
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024.
On 1 October, Iran launched approximately 200 ballistic missiles at Israel. Iran said that it was responding to recent Israeli attacks against Hezbollah and its leadership, as well as the killing of Ismail Haniyeh, the political leader of Hamas, in Tehran in July.
CGEP recently hosted a private roundtable conducted on a not-for-attribution basis that focused on key geopolitical issues and oil markets in various hotspots, including the Middle East, Russia/Ukraine, China, and the Americas.
While Iran's first direct attack using missiles and drones against Israel on April 13 did not incur significant damage to military sites or, more importantly, civilian casualties, it has changed the dynamic between the two states and increased the chance of a regional if not wider war.
After a wobbly first half of 2023, when crude oil prices were affected by a banking crisis in the US and the prospects of a recession in the OECD, production cuts by key OPEC+ members supported prices.
Earlier this month, OPEC+ leaders Saudi Arabia and Russia announced further voluntary production and export cuts, with the former alone accounting for nearly half of the OPEC+ aggregate.
Eight OPEC+ members voluntarily announced reductions in their production targets totaling 1.16 mb/d from May 2023 until the end of the year.
The surprise oil production cuts announced by a group of oil producers known as OPEC+ is expected to drive up gasoline prices in the coming weeks, which could create practical headaches for consumers and political headaches for President Biden. Over the weekend, OPEC+ nations announced that they would pursue new cuts amounting to more than…
