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The Center on Global Energy Policy (CGEP) at Columbia University SIPA congratulates Paul Dabbar on his confirmation as Deputy Secretary of the United States Department of Commerce. During...
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The European Commission (EC) published a proposed regulation on June 17 to end Russian gas imports by the end of 2027; this followed the initial roadmap to do...
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The global energy landscape is shifting right now. Geopolitical tensions in the Middle East, debates about peak oil demand, and waning support for climate action in some parts...
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This year, the Third Annual Energy Opportunity Lab (EOL) Forum will take place July 7th and 8th in Washington, DC, offering a chance for the Washington policymaking community...
Oil LeadersAn Insider’s Account of Four Decades of Saudi Arabia and OPEC’s Global Energy Policy By Ibrahim AlMuhanna Oil is an unusual commodity in that individual decisions can have an outsized effect on the market. OPEC+’s choice to increase production, for instance, might send prices falling, affecting both oil producers and consumers worldwide. What do the leading oil market players consider before making a fateful move? Oil Leaders offers an unprecedented glimpse into the strategic thinking of top figures in the energy world from the 1980s through the recent past. Ibrahim AlMuhanna—a close adviser to four different Saudi oil ministers during that period—examines the role of individual and collective decision making in shaping market movements. He analyzes how powerful individuals made critical choices, tracking how they responded to the flow of information on pivotal market and political events and predicted reactions from allies and adversaries. AlMuhanna highlights how the media has played an increasingly important role as a conduit of information among multiple players in the oil market. Energy leaders have learned to manage the signals they send to the market and to other relevant players in order to avoid sending oil prices into a spiral. AlMuhanna draws on personal familiarity with many of these individual decision makers as well as his participation in decades of closed-door sessions where crucial choices were made. Featuring revelatory behind-the-scenes perspective on pivotal oil market events and dynamics, this book is a must-read for practitioners and policy makers engaged with the global energy world. About the AuthorIbrahim AlMuhanna was an adviser to the Ministry of Energy of the Kingdom of Saudi Arabia from 1989 to 2017. He currently works as an energy consultant and serves as vice chair for the Gulf States/Middle East at the World Energy Council. He is the vice chairman of the Saudi Association for Energy Economics and holds a PhD in international relations from American University in Washington, DC. |
The European Commission (EC) published a proposed regulation on June 17 to end Russian gas imports by the end of 2027; this followed the initial roadmap to do...
China’s dependence on the energy supplies that move through the Strait of Hormuz makes it especially vulnerable to any possible closure of the waterway by Iran in retaliation for attacks by Israel and the United States.
On June 24, Iran, Israel, and the United States agreed to a cease-fire, putting a halt to nearly two weeks of war.
