energy

Global Spectator, by Andrés Ortega Cheaper oil, geopolitical effects

Some see it as the long arm of Saudi Arabia; others as a concerted action with the US; and, finally, there are those who just see the markets move, at a Europe on the brink of recession and a world submerged in a ‘new mediocrity’. The fact is that [...]

Global Spectator, by Andrés Ortega Has Putin won?

The situation in the Ukraine is far from stable but may have started to be contained, although it could easily deteriorate, as shown by the enduring violence and the alleged delivery of Russian tanks to the eastern separatists, while there is a persisting risk of either side losing control [...]

Gas and oil discoveries in the Eastern Mediterranean: the key to Europe’s post-Crimea energy conundrum

The annexation of the Crimea has led the European Union to begin to consider weaning itself off its heavy dependence on Russia for energy supplies, particularly gas.  There is an alternative in the Eastern Mediterranean, which might also help resolve another thorny issue – the reunification of Cyprus, divided [...]

#IEPG. Measuring the global presence of countries (12): Canada

We say good bye to 2013 with the last post of our series on what’s new in the Elcano Global Presence Index (IEPG) 2012 country ranking which started in July. The North American Free Trade Agreement (NAFTA) celebrates its 20th anniversary of implementation on 1 January 2014 but this [...]

Is China becoming a ‘normal’ oil player in Africa?

Chinese investments in Africa increased from roughly US$1 billion in 2000 to over US$200 billion in 2012, a significant part being related to the extraction of natural resources. China has become the third-largest importer of African oil, which now accounts for around one-third of its total oil imports. Oil [...]

Spain: looking ahead to the African Century

I am a great believer in Africa. In 2010 a study by the McKinsey Global Institute stated that six of the world’s 10 fastest-growing economies in the previous decade were not in Asia but on the African continent. Since then, my scepticism regarding an African economic miracle has gradually [...]

Sudan: a potential area of investment?

Sudan has always been a trading and cultural bridge between Africa and the Arab world and, consequently, a land of great diversity –ethnic, cultural and religious–. The country has experienced a long internal conflict for around 50 years that only recently, in 2011, led to the independence of South [...]

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