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Columbia Energy Exchange

BP Energy Outlook – 2017 Edition

The Center on Global Energy Policy hosted the official US Launch of the BP Energy Outlook – 2017 Edition with BP Group Chief Economist Spencer Dale. The BP Energy Outlook considers a base case, which outlines the “most likely” path for energy demand based on assumptions about future changes in policy, technology and the economy.  Beyond the base case, the Energy Outlook examines some of the key issues that will shape energy supply and demand through to 2035, and explores possible alternative outcomes. Center Director Jason Bordoff moderated a discussion following the presentation. You can find a copy of the report here: http://energypolicy.columbia.edu/events-calendar/bp-energy-outlook-2017-…

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Oil

America’s Toothless Sanctions on Russian Oil

Last month, the Trump administration imposed fresh sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, signaling a renewed desire to drive Moscow to the negotiating table in its war against Ukraine. But although these measures have the potential to harm the Russian economy, just how much damage they inflict will depend largely on one actor: Beijing. China bought almost half the oil Russia exported in 2024, evading Washington’s existing restrictions in the process. And new sanctions alone will do little to push China into significantly reducing its purchases.

Op-eds & Essays with Erica Downs & Richard Nephew Foreign Affairs • November 24, 2025
America’s Toothless Sanctions on Russian Oil
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