industryterm:energy resource

  • Tom Stevenson reviews ‘AngloArabia’ by David Wearing · LRB 9 May 2019
    https://www.lrb.co.uk/v41/n09/tom-stevenson/what-are-we-there-for

    It is a cliché that the United States and Britain are obsessed with Middle East oil, but the reason for the obsession is often misdiagnosed. Anglo-American interest in the enormous hydrocarbon reserves of the Persian Gulf does not derive from a need to fuel Western consumption . [...] Anglo-American involvement in the Middle East has always been principally about the strategic advantage gained from controlling Persian Gulf hydrocarbons, not Western oil needs. [...]

    Other parts of the world – the US, Russia, Canada – have large deposits of crude oil, and current estimates suggest Venezuela has more proven reserves than Saudi Arabia. But Gulf oil lies close to the surface, where it is easy to get at by drilling; it is cheap to extract, and is unusually ‘light’ and ‘sweet’ (industry terms for high purity and richness). It is also located near the middle of the Eurasian landmass, yet outside the territory of any global power. Western Middle East policy, as explained by Jimmy Carter’s national security adviser, Zbigniew Brzezinski, was to control the Gulf and stop any Soviet influence over ‘that vital energy resource upon which the economic and political stability both of Western Europe and of Japan depend’, or else the ‘geopolitical balance of power would be tipped’. In a piece for the Atlantic a few months after 9/11, Benjamin Schwarz and Christopher Layne explained that Washington ‘assumes responsibility for stabilising the region’ because China, Japan and Europe will be dependent on its resources for the foreseeable future: ‘America wants to discourage those powers from developing the means to protect that resource for themselves.’ Much of US power is built on the back of the most profitable protection #racket in modern history.

    [...]

    It is difficult to overstate the role of the Gulf in the way the world is currently run. In recent years, under both Obama and Trump, there has been talk of plans for a US withdrawal from the Middle East and a ‘#pivot’ to Asia. If there are indeed such plans, it would suggest that recent US administrations are ignorant of the way the system over which they preside works.

    The Arab Gulf states have proved well-suited to their status as US client states, in part because their populations are small and their subjugated working class comes from Egypt and South Asia. [...] There are occasional disagreements between Gulf rulers and their Western counterparts over oil prices, but they never become serious. [...] The extreme conservatism of the Gulf monarchies, in which there is in principle no consultation with the citizenry, means that the use of oil sales to prop up Western economies – rather than to finance, say, domestic development – is met with little objection. Wearing describes the modern relationship between Western governments and the Gulf monarchs as ‘asymmetric interdependence’, which makes clear that both get plenty from the bargain. Since the West installed the monarchs, and its behaviour is essentially extractive, I see no reason to avoid describing the continued Anglo-American domination of the Gulf as #colonial.

    Saudi Arabia and the other five members of the Gulf Co-operation Council are collectively the world’s largest buyer of military equipment by a big margin. [...]. The deals are highly profitable for Western arms companies (Middle East governments account for around half of all British arms sales), but the charge that Western governments are in thrall to the arms companies is based on a misconception. Arms sales are useful principally as a way of bonding the Gulf monarchies to the Anglo-American military. Proprietary systems – from fighter jets to tanks and surveillance equipment – ensure lasting dependence, because training, maintenance and spare parts can be supplied only by the source country. Western governments are at least as keen on these deals as the arms industry, and much keener than the Gulf states themselves. While speaking publicly of the importance of fiscal responsibility, the US, Britain and France have competed with each other to bribe Gulf officials into signing unnecessary arms deals.

    Control of the Gulf also yields less obvious benefits. [...] in 1974, the US Treasury secretary, William Simon, secretly travelled to Saudi Arabia to secure an agreement that remains to this day the foundation of the dollar’s global dominance. As David Spiro has documented in The Hidden Hand of American Hegemony (1999), the US made its guarantees of Saudi and Arab Gulf security conditional on the use of oil sales to shore up the #dollar. Under Simon’s deal, Saudi Arabia agreed to buy massive tranches of US Treasury bonds in secret off-market transactions. In addition, the US compelled Saudi Arabia and the other Opec countries to set oil prices in dollars, and for many years Gulf oil shipments could be paid for only in dollars. A de facto oil standard replaced gold, assuring the dollar’s value and pre-eminence.

    For the people of the region, the effects of a century of AngloArabia have been less satisfactory. Since the start of the war in Yemen in 2015 some 75,000 people have been killed, not counting those who have died of disease or starvation. In that time Britain has supplied arms worth nearly £5 billion to the Saudi coalition fighting the Yemeni Houthis. The British army has supplied and maintained aircraft throughout the campaign; British and American military personnel are stationed in the command rooms in Riyadh; British special forces have trained Saudi soldiers fighting inside Yemen; and Saudi pilots continue to be trained at RAF Valley on Anglesey. The US is even more deeply involved: the US air force has provided mid-air refuelling for Saudi and Emirati aircraft – at no cost, it emerged in November. Britain and the US have also funnelled weapons via the UAE to militias in Yemen. If the Western powers wished, they could stop the conflict overnight by ending their involvement. Instead the British government has committed to the Saudi position. As foreign secretary, Philip Hammond pledged that Britain would continue to ‘support the Saudis in every practical way short of engaging in combat’. This is not only complicity but direct participation in a war that is as much the West’s as it is Saudi Arabia’s.

    The Gulf monarchies are family dictatorships kept in power by external design, and it shows. [...] The main threat to Western interests is internal: a rising reminiscent of Iran’s in 1979. To forestall such an event, Britain equips and trains the Saudi police force, has military advisers permanently attached to the internal Saudi security forces, and operates a strategic communications programme for the Saudi National Guard (called Sangcom). [...]

    As Wearing argues, ‘Britain could choose to swap its support for Washington’s global hegemony for a more neutral and peaceful position.’ It would be more difficult for the US to extricate itself. Contrary to much of the commentary in Washington, the strategic importance of the Middle East is increasing, not decreasing. The US may now be exporting hydrocarbons again, thanks to state-subsidised shale, but this has no effect on the leverage it gains from control of the Gulf. And impending climate catastrophe shows no sign of weaning any nation from fossil fuels , least of all the developing East Asian states. US planners seem confused about their own intentions in the Middle East. In 2017, the National Intelligence Council described the sense of neglect felt by the Gulf monarchies when they heard talk of the phantasmagorical Asia pivot. The report’s authors were profoundly negative about the region’s future, predicting ‘large-scale violence, civil wars, authority vacuums and humanitarian crises persisting for many years’. The causes, in the authors’ view, were ‘entrenched elites’ and ‘low oil prices’. They didn’t mention that maintenance of both these things is US policy.

    #etats-unis #arabie_saoudite #pétrole #moyen_orient #contrôle

  • The Synergy: Traditional Financial Institutions’ Capital and Crypto
    https://hackernoon.com/the-synergy-traditional-financial-institutions-capital-and-crypto-5cf02d

    Korea is the biggest Crypto market in the world, but still, the Korean government, similar to that of the Chinese government, cannot seem to shift its negative view of blockchain, cryptos, and the exchanges. It can be said that as of now, Korean and Chinese governmental regulations are heading in the same direction.Fortunately, The Korean government has recognized that blockchain technology is emerging very quickly and this technology will be the essential energy resource for the future.The ever-expanding and the solid user base of the Korean people who are actively trading and using cryptocurrencies have become an even more important issue to the government than collecting taxes from major Korean exchanges.It is very obvious that the Korean government cannot make such a profitable (...)

  • Climate Alliance Mapping Project

    https://climatealliancemap.org/about/project-background

    https://climatealliancemap.org/map

    n 2009, scientists and world leaders agreed that the increase in global temperature should be held below 2°C compared to pre-industrial levels in order to prevent dangerous climate change. And in the 2015 Paris Climate Agreement, country governments agreed to hold global temperatures below the 2°C target and pursue the more ambitious goal of 1.5°C. In 2012, a study by the International Energy Agency concluded that no more than 1/3 of known fossil fuel reserves could be used before 2050 if the world is to limit global temperature increase to 2°C. Therefore, at least 2/3 of known fossil fuel reserves must remain in the ground.

    In a recent study in Nature, McGlade and Elkins (2015) use economic modeling to develop an argument about where and which types of fossil fuels should remain in the ground in order to meet the target of 2 °C. Considering different emissions scenarios and the projected costs of energy resources, they conclude that globally, a third of oil reserves, half of gas reserves and over 80 percent of current coal reserves should remain unused from 2010 to 2050. Their model is based on the economically-optimal solution, which maximizes ‘social welfare’ (or the sum of consumer and producer surplus).

    #amazonie #climat #peuples_autochtone #cartographie #énergie

  • 5 Upheavals To Expect Along The New Silk Road In 2017
    http://www.forbes.com/sites/wadeshepard/2016/12/28/5-upheavals-to-expect-from-the-new-silk-road-in-2017

    The New Silk Road is a multifaceted, multinational initiative to establish a network of enhanced overland and maritime economic corridors extending between China and Europe, better integrating a region that consists of over 60 countries and 60% of the population, 75% of the energy resources, and 70% of GDP in the world. It’s potentially an earth-shaking, paradigm-breaking disruption that would more fluidly connect the economic giants of China, Russia, Iran, India, and Europe into a loosely affiliated geo-economic bloc that could shift the balance of global power.

    #bouleversements #route_de_la_soie

  • A Mighty Wind Tries to Lift Rig Builders Past Oil’s Downturn - Bloomberg
    http://www.bloomberg.com/news/articles/2016-09-21/oil-services-find-hope-in-giant-windmills-anchored-to-ocean-bed

    Gulf Island Fabrication Inc. has for decades built hulking platforms to extract oil and natural gas from the seabed. With the collapse of offshore drilling, the company has turned to helping harvest another energy resource: wind.

    Pour les constructeurs de plate-forme, pas vraiment d’autres solutions que de tabler sur la #transition_énergétique : passer de la construction de plate-formes de forage à celle d’éoliennes marines…

  • Indo-U.S. expedition discovers natural gas in Indian Ocean
    http://www.thehindu.com/todays-paper/tp-business/indous-expedition-discovers-natural-gas-in-indian-ocean/article8903294.ece

    According to the National Oceanic and Atmospheric Administration gas hydrate deposits along ocean margins are estimated to exceed known petroleum reserves by about a factor of three.

    “Advances like the Bay of Bengal discovery will help unlock the global energy resource potential of gas hydrates as well as help define the technology needed to safely produce them,” said Walter Guidroz, USGS Energy Resources Program coordinator.

    This discovery is the result of the most comprehensive gas hydrate field venture in the world to date, made up of scientists from India, Japan and the United States.

    The discovery follows an exploration of the region from March to July of last year.

    #gaz #énergie #hydrates_de_méthane #Inde

  • How Japan and Russia Cooperate in the Arctic | The Diplomat
    http://thediplomat.com/2016/03/how-japan-and-russia-cooperate-in-the-arctic

    D’autant plus intéressant ce rapprochement que la Russie et le Japon se regardent toujours « de loin » tant que la questions des Kouriles ne sera pas réglée.

    Japanese policymakers expressed diplomatic interest in the Arctic – a region rapidly being transformed by climate change –as early as 2009, when the country officially submitted an application to become a Permanent Observer in the Arctic Council.

    Japan’s bid (supported by, surprise, Russia), was approved in May 2013, along with China and South Korea’s. This instance of Russo-Japanese cooperation, particularly notable because Russia did not show such support for China, foreshadows the ways in which Japan will continue to try to leverage its ties with Russia in the Arctic. Japan benefits from cooperating with Russia because doing so will increase resource-poor Japan’s access to energy resources in and sea routes through the region.

  • EU seeks to renew talks on Trans-Caspian pipeline - AzerNews
    http://www.azernews.az/oil_and_gas/72248.html

    Both Azerbaijan and Turkmenistan, two Caspian littoral countries, are interested in using alternative routes for transportation of energy resources from the resource-rich Caspian region to European markets.
    Talks on the construction of the Trans-Caspian Gas Pipeline between Turkmenistan, the EU, and other countries have been held regularly since late 1990s.
    The negotiation process intensified after the EU issued a mandate to start negotiations on the preparation of an agreement between the EU, Azerbaijan, and Turkmenistan on the Trans-Caspian project in September 2011.
    Ashgabat believes that the agreement between Turkmenistan and Azerbaijan is sufficient for laying a pipe under the Caspian Sea.
    Baku has expressed readiness to create transit opportunities and provide means to take advantage of them, as reported by representatives of Azerbaijan’s state energy company SOCAR.
    Azerbaijan will benefit from transportation of gas through the Trans-Caspian gas pipeline because the implementation of this project will make Azerbaijan not only a supplier of gas, but also a transit country.
    However, Iran and Russia have expressed their skepticism towards the project, saying that the construction of the pipeline may damage the Caspian Sea ecology.

    Trajet alternatif ? Voyons, de quel autre trajet ?
    Mmh, heureusement les voisins attentifs à l’écologie veillent…

  • Syria, Russia and Ukraine - World Socialist Web Site

    http://www.wsws.org/en/articles/2014/04/08/sysi-a08.html

    Syria, Russia and Ukraine
    By Jean Shaoul
    8 April 2014

    The targeting of Russia by the United States and other NATO powers is an attempt to control the former Soviet Republics in the Caucasian landmass that provide both vital energy resources and transport routes between Asia, Europe and Africa. This may appear as being in conflict with the Obama administration’s declared “pivot to Asia” that is aimed at reducing the role of China and its regional allies, Iran and Russia in the world economy. In reality, it is part of the same strategy for world domination.

    #syrie #russie #ukraine

  • Putin: Russia to reopen Soviet-era Arctic military base | Reuters
    http://www.reuters.com/article/2013/09/16/us-russia-arctic-idUSBRE98F0VX20130916

    (Reuters) - Russia is reopening a Soviet-era military base in the Arctic, President Vladimir Putin said on Monday, part of a drive to make the northern coast a global shipping route and secure the region’s vast energy resources.

    Two decades after abandoning it, Russia has sent 10 warships behind four nuclear-powered ice breakers to the base on the Novosibirsk Islands, a show of force as it resumes a permanent naval presence in the thawing region.

    The flotilla was led by Russia’s flagship nuclear-powered cruiser, Peter the Great, along the Northern Sea Route, which connects Europe to Asia across Russian waters from the Kara Gate to the Bering Strait.

    #russie #arctique #géostratégie

  • Jordanie : la transition énergétique masquée : les schistes bitumineux plutôt que le solaire
    Jordan to finalise deal for region’s first oil shale plant by ‘year’s end’ | The Jordan Times
    http://jordantimes.com/jordan-to-finalise-deal-for-regions-first-oil-shale-plant-by-years-end

    Jordan is set to finalise a deal by the end of year with an Estonian-Malaysian firm to build the region’s first oil shale plant, officials revealed on Saturday, in what is being billed as a critical step towards the country’s energy independence.

    According to Minister of Finance Suleiman Hafez, Amman is set to seal the agreement with Enerfit Energy by December to construct a 450-megawatt (MW) oil shale-fired thermal station in central Jordan — the first power station fuelled by the alternative energy resource in the region.

    The power station, which is set to meet 16 per cent of the country’s 3,000MW electricity demand, is expected to come on-line by 2016.

    “This agreement will be one of the biggest steps towards the country’s energy independence,” Hafez said during a press round-table hosted by Prime Minister Abdullah Ensour in Amman on Saturday.

    Ministry of Energy and Mineral Resources officials say the plant is set to shave some of the country’s national energy bill, which due to rising oil prices and ongoing cuts in Egyptian gas supplies is expected to surpass JD4 billion by the end of the year.

    Under the landmark deal, which has been over two years in the making, Enerfit is set to construct the plant in the central region of Al Attarat in order to take advantage of a parallel project where the firm hopes to produce up to 38,000 barrels of shale oil per day.

    Les Jordaniens continuent toutefois à essayer de se procurer du gaz, sachant que les Egyptiens ne veulent plus en fournir en raison de leurs propres besoins :
    http://jordantimes.com/jordan-to-import-liquid-gas-by-2014
    #électricité
    #schistes_bitumineux
    #transition_énergétique
    #gaz_naturel