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Geopolitics

graphic with Ukraine flag on left and Russian flag on right

9/3/2022 News

US and UK to ban imports of Russian oil

US President Joe Biden imposed an immediate ban on Russian oil and other energy imports on 8 March 2022, in retaliation for the invasion of Ukraine. In a co-ordinated announcement, UK Prime Minister Boris Johnson said Britain would phase out all oil imports from Russia, which accounts for about 8% of UK demand, by the end of the year.

Energy markets

Map with magnifying glass providing focus over Europe

30/11/2022 News

New focus on European energy deals

A new ‘Energy Deals Tracker’ has been launched by the European Council on Foreign Relations (ECFR) to help present a clearer picture of how European Union (EU) member states’ diversification efforts could shape Europe’s energy policy in the long term – particularly the impact they could have on the bloc’s climate commitments.

Oil and gas

Computer generated image of the Earth against a blackground, showing UK, Russia and Eurasia land mass in grey and sea in white, with a northern transit route in a blue line, and southern red line

EI Member only

12/11/2025 Feature / Daniel Crawford

Arctic anxiety: Why Russia’s Arctic ambitions flounder

Despite global efforts to curb emissions, the Arctic faces serious challenges – not least the thawing of permafrost and destruction of ecosystems. Yet this also creates certain opportunities, primarily through the lengthening summer navigation season, during which ships can traverse Arctic waters without heavy icebreaker support. However, the route’s outlook is clouded by sanctions, financing constraints and a shortage of technology, explains Daniel Crawford.

Net zero / decarbonisation / energy transition

Shot from back of room, showing backs of delegates looking at stage with panel of people seated in chairs, with screen behind, and man sanding at lecturn,

EI Member only

18/9/2024 Feature / Anna Lockwood,Celia Pastor

Accelerating industrial decarbonisation: The Climate Club’s journey from COP28 to today

The Climate Club, initiated in 2022 by the G7, was launched at COP28 by 35 countries and the European Union. It focuses on decarbonising industry in emerging and developing economies where much of the industrial growth will happen in the following years. To achieve near-zero emissions in industrial production, the Climate Club seeks to foster cooperation and collective action, write Anna Lockwood, Junior Policy Analyst, and Celia Pastor, Climate Club Communications Officer, both of the Organisation for Economic Co-operation and Development (OECD), which has hosted the Climate Club Interim Secretariat with the International Energy Agency (IEA) since mid-2023.

Geopolitics

Two large industrial chimneys and building pipework set against blue sky and white clouds

EI Member only

1/3/2023 Feature / Steven Farmer,Aaron Hutman,Iris Karaman

Tug of war: Impact of Western sanctions and Russian countermeasures on the energy sector

How effective have Western sanctions been on Russian oil and gas operations? Here, Steven Farmer, Partner; Aaron Hutman, Partner; and Iris Karaman, Associate; at Pillsbury Winthrop Shaw Pittman LLP, look at the spectrum of initiatives aimed to impact the Russian supply chain and the sector’s revenue over the past year.

Gas

Kazakh, Russian and Uzbek Presidents standing behind lecturns on stage at a press conference, with national flags behind them

EI Member only

8/5/2024 Feature / Tim Crawford

Lack of export options poses a major challenge to Russian gas

In the run-up to COP28, Russia called natural gas a ‘transitional fuel’ that could be used to reduce emissions. However, thanks to sanctions, sales of that fuel – transitional or not – are being restricted. While Russia can sell extra gas to Central Asia and use more domestically in the coming years, the volumes will be modest compared to those previously supplied to Europe. Longer-term ambitions for greater deliveries to China and Turkey, and as LNG, will be difficult to realise, reports Tim Crawford.

Geopolitics

EI Member only

20/7/2022 Feature / Tim Crawford

Russian options to offset loss of European gas market

Russia will have to build up its LNG industry and construct thousands of kilometres of pipeline to China to offset the loss of European gas sales in the coming years. And in the circumstances, both options will be formidable undertakings. Tim Crawford reports.

Gas

EI Member only

17/8/2022 Feature / Selwyn Parker

The EU faces an energy catastrophe if Russian supplies are cut

Selwyn Parker looks at the likely outcomes of Russia maintaining its stranglehold on European gas supplies this winter.

Gas

Photo of BP’s Shakh Deniz Alpha Platform with helicopter taking off from helipad

EI Member only

4/5/2022 Feature / Tim Crawford

Prospects for Caspian brighten as Europe rejects Russian gas

Europe’s push to end reliance on Russian gas opens up new possibilities for suppliers from the Caspian region. Here, Tim Crawford reports on the ambitions of suppliers in Azerbaijan and Turkmenistan, as well as European plans to expand imports of LNG.

Oil and gas

EI Member only

30/7/2025 Feature / Andrew Mourant

Why oil-rich Venezuela still struggles to pay its bills

Venezuela is a byword for economic degradation. A country with the world’s richest oil reserves still struggles to get its wealth out of the ground, and its energy infrastructure forever teeters on the point of collapse. Yet so many of Venezuela’s economic wounds are self-inflicted, with natural advantages and opportunities squandered. Meanwhile, Cuba also grapples with its renewable energy plans. Andrew Mourant reports.

New Energy World™

Search results:

US and UK to ban imports of Russian oil

New focus on European energy deals

Arctic anxiety: Why Russia’s Arctic ambitions flounder

Accelerating industrial decarbonisation: The Climate Club’s journey from COP28 to today

Tug of war: Impact of Western sanctions and Russian countermeasures on the energy sector

Lack of export options poses a major challenge to Russian gas

Russian options to offset loss of European gas market

The EU faces an energy catastrophe if Russian supplies are cut

Prospects for Caspian brighten as Europe rejects Russian gas

Why oil-rich Venezuela still struggles to pay its bills