Shale gas is revolutionizing the world’s energy landscape. Seemingly overnight, supplies have increased dramatically due to technological advances, including hydraulic fracturing—known as fracking—and horizontal drilling. A world accustomed to energy scarcity and declining supplies is rapidly readjusting to abundance, at just the time when concerns about global climate change and the desire to identify cleaner, relatively inexpensive fuel sources intensify. These conditions and the impressive size of proven reserves within the Western Hemisphere in particular provide the Americas with an enviable opportunity for leadership in global shale gas. The United States, Argentina, Canada, Mexico and Brazil all rank within the […]
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One of Japanese Prime Minister Shinzo Abe’s main objectives since returning to office has been to improve relations with Russia, a goal also sought by Moscow. Both governments want to enlarge their diplomatic options and gain leverage with third parties as well as achieve mutually beneficial bilateral economic and energy deals. The two sides’ territorial dispute over the Russian-administered Southern Kurils, which the Japanese call their Northern Territories, has long stood in the way of improved ties. Because of the dispute, for instance, Japan and Russia have yet to sign a peace treaty formally ending the state of war between […]
This year, while Europe commemorated 100 years since the beginning of World War I, a long-forgotten conflict on the edge of the continent rumbled on. Armenia and Azerbaijan have been locked in a contest for control over Nagorno-Karabakh for more than 25 years. Beginning as an obscure conflict in a remote Soviet province during perestroika, the Nagorno-Karabakh stand-off has evolved into an enduring rivalry between two independent states, profoundly affecting both and casting a consistent shadow of insecurity across the South Caucasus. The conflict began in 1988, when a movement formed by the local Armenian majority in Nagorno-Karabakh, then an […]