International Director, Royal United Services Institute
From the recent OPEC agreement to energy security issues in Europe, few countries are more important to the global energy picture than Russia. On this episode of the Columbia Energy Exchange, host Jason Bordoff speaks with Dr. Jonathan Eyal, International Director of the Royal United Services Institute, a leading think tank on military and defense issues in the United Kingdom. They discuss: How Russia’s position in the global energy order might shift as a result of growing U.S. and Australian LNG exports; What affect continued, if not harsher, U.S. sanctions will have on the Russia; How Brussels and Eastern Europe should handle energy ties with Russia; The development of Nordstream II; Russia’s Middle East policy and implications for its relationship with OPEC.
National oil companies (NOCs) produce about half of the world’s oil and own the bulk of oil and gas reserves. They are also large issuers of bonds held by international financial institutions. Their ESG risks should be a matter of great concern.