Could a strategic lithium reserve kickstart US supply chain development?
NEW YORK -- A strategic lithium reserve is being mooted as a solution to stabilize volatile prices that have hindered American mining projects, allowi
Current Access Level “I” – ID Only: CUID holders, alumni, and approved guests only
Past Event
October 23, 2023
5:00 pm - 7:00 pm edt
5:00-5:30 p.m. EDT – Reception
5:30-7:00 p.m. EDT – Panel Discussion
National oil companies from emerging markets produce about 50 percent of the world’s oil, hold about 50 percent of global refining capacity, and own most of the world’s oil and gas reserves. With oil prices at more than $80/barrel, they are also generating significant oil revenues. With COP28 taking place in the United Arab Emirates, a major oil exporting country with a strong national oil company, the role of oil and gas in the energy transition, and that of national oil companies, is going to take center stage in the discussions in Dubai.
What are these companies’ decarbonization goals? What kind of investments are they making in clean energy technologies, if any? Join the Center on Global Energy Policy (CGEP) at Columbia University’s School of International and Public Affairs (SIPA) as we discuss the policy and investment choices of national oil companies in the energy transition.
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This event will be hosted in person in New York City and live-streamed via Zoom.
Advance registration is required. Upon registration, you will receive a confirmation email. The event will be recorded and the video recording will be added to our website following the event.
This event is open to the press, and registration is required to attend. For media inquiries or requests for interviews, please contact Natalie Volk ([email protected]).
For more information about the event, please contact [email protected].
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.
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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.
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