Since August, there have been growing rumors about an oil production freeze by major oil producers. The deal might be concluded on the sidelines of the International Energy Forum in Algeria from Sept. 26 to 28, where the Organization of Petroleum Exporting Countries (OPEC) will hold an informal gathering along with other producer countries, such as Russia. Seasoned oil market watchers will have a strong feeling of déjà vu. Back in April, members of OPEC and Russia failed to hammer out an agreement to limit oil production at a meeting in Doha. The talks collapsed at the 11th hour after [...]
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Editor’s note: This article is part of an ongoing WPR series on countries’ risk exposure, contribution and response to climate change. As the European Union faces pressure to quickly ratify the Paris Agreement, Poland has said it will only do so if it is given special concessions for its coal-based power sector, which the government plans on continuing to use for many years. In an email interview, Karolina Jankowska, an independent researcher on climate and energy policy and the author of a chapter in the forthcoming book “The European Union in International Climate Change Politics,” discusses Poland’s climate change policy. [...]
In recent years, Egypt, Israel and Cyprus have all discovered huge natural gas fields off their coasts, raising export potential and perhaps the prospects for better political ties in the region through new energy partnerships. At least this is the scenario that the United States is hoping for. Last month, U.S. Secretary of State John Kerry’s envoy on energy affairs, Amos Hochstein, told Bloomberg that “we’re just beginning to open the spigots of what is the potential for the broader region.” That is already evident in the improved ties between Israel and Turkey after their June rapprochement, motivated by gas [...]