EU and Iranian foreign ministers in Vienna (Austrian Foreign Ministry)
My latest at the IP Journal of the German Council on Foreign Relations (DGAP): US-EU Cooperate on Iranian Nonproliferation: Agreement positions Tehran as regional leader — IP Journal 14/08/2014
Although negotiators failed to reach agreement on Iran’s nuclear program by the late-July deadline set last November, as Iran’s Foreign Minister Mohammad Javad Zarif put it: “We have made enough headway to be able to tell our political bosses that this is a process worth continuing. … I am sure Secretary Kerry will make the same recommendation.” Indeed, Washington, Brussels, and Tehran readily agreed on a four-month extension.
This represents a sea change in tone from the period prior to November 2013, Continue reading
Posted in China, Energy and Geopolitics, Energy and Geostrategy, Euroepen Union, Global Oil Market, international relations, Iran nuclear, Iran sanctions, Iraq, Obama, P5+1, Persian Gulf, Sanctions
Tagged EEUU, Energy, Europe, European Union, foreign policy, geopolitics, German Council on Foreign Affairs, German Council on Foreign Relations, Germany, Global Oil System, Iran, Iraq, Israel, nuclear negotiations, Nuclear program of Iran, Obama, oil market, Sanctions against Iran, Saudi Arabia, Tehran, US-Iran
Note: These “USA Oil Seminar” posts are extra readings for my students to better understand how US energy policy is developed and to hear the views of US experts. The seminar is: “The Global Oil System & US Policy” at JFK Institute of FU-Berlin.
- This Friday, watch live (or the recording later on): Is the U.S. a Rising Energy Superpower? Implications for Global Markets and Asia, the Middle East, Russia, and Europe. CSIS upcoming talk by Fereidun Fesharaki. FRIDAY, MAY 16, 2014 | 10:00 AM – 11:30 AM . Moderated by David Pumphrey.
- Read the paper: Fueling a New Order? The New Geopolitical and Security Consequences of Energy |April 15, 2014. By: Bruce Jones, David Steven and Emily O’Brien. Brookings Institute; Washington, DC.
BACKGROUND: This week, the class reading assignments are a couple conference papers I wrote a few years ago on the history and structure of today’s global oil system, and how it grew to replace the neo-colonial oil system. Continue reading
Posted in China, Energy and Geopolitics, Energy and Geostrategy, Euroepen Union, Gas globalization, Global Oil Market, Global Oil system, international relations, Latin America, LNG, Oil course, Oil prices, Oil supply, OPEC, Persian Gulf, Resource conflicts, Russia, Saudi Arabia, Seminar, shale gas, shale oil, The USA, Tight oil, Trade and Commerce, U.S. oil, unconventional energy
Tagged Bruce Jones, Business and Economy, China, David Pumphrey., David Steven, Energy, Fereidun Fesharaki, Global Oil System, Iran, Iraq, Latin America, Middle East, oil sector, OPEC, Persian Gulf, Saudi, Saudi Arabia, South China Sea, United States, Washington
- The anti-government protest in eastern Caracas 13 March ended in clashes with Venezuelan police. Three more died in widespread protests. BBC
As protests continue against Venezuela’s faltering “oil revolution,” the political strategy of the chavista administration is striking for its intransigence. President Maduro has refused to recognize any grievances by students or other protesters. He calls protesters “fascists” and blames them for all the ills of the economy. Protests are attacked by the national guard and often by state-organized paramilitary gangs on motorcycles who are praised by the president.
The administration’s strategy so far appears to be that protests will burn themselves out if they can be delegitimized and contained within middle-class areas. Accordingly, the president’s rhetoric aims at inciting poorer citizens against protesters. All in all, this is a risky strategy. Protests have constantly intensified, with perhaps 25 persons dead now.
After a month of protests, the administration has taken urgent economic measures it hopes will undermine the protests and prevent their spread to poor and working-class barrios.
1. Ramirez announces Chinese and Russian loans and the launch of a very liberal Sicad 2
Posted in Chavez, Chavez lagacy, Chavez legacy, China, Faja of the Orinoco, Global Oil Market, heavy oil, Hugo Chávez, Institutions and rule of law, PDVSA, Uncategorized, Venezuela oil, Venezuela update, Venezuelan Democracy
Tagged Beijing, Business and Economy, Caracas, Chavez, China, Energy, Heavy crude oil, Hugo Chávez, Nicolás Maduro, PDVSA, People's Republic of China
Inversiones energéticos de China en Latino américa. Nota que Venezuela está en cuatro lugar, en contra de las intenciones iniciales de Beijíng en 2007-08. HAZ CLICK para magnificar. (Grafico por T.O’D.)
[English readers: This post is an analysis I did in Spanish for Petroguía 2014 – the annual hard-copy guide for the LatAm petroleum sector – of China’s oil and gas investments in LatAm and the Carribean. For Beijing’s other investments, or a presentation, etc. drop me a line. ]
NOTA: La siguiente es mi análisis publicado en Petroguía 2014, la guía anual para el sector petrolífero latinoamericano. Soy agradecido a los directores del Petroguía por haberme permitido publicar el artículo aquí. El artículo es una resumen de una investigación que hizo sobre todas las inversiones de China en Latino américa. Si tienen interés en una reportaje o presentación detallada, por favor contactarme.
China y América Latina: ¿Quién gana y quién pierde?
Sumario. El mercado de hidrocarburos ya no está en el norte de América sino hacia el este, y la mejor estrategia de intercambio con esa plaza la lleva Brasil, mientras que Venezuela y Argentina están a la zaga.
Por Thomas W. O’Donnell
El petróleo y el gas que exportará América Latina en las décadas venideras irán mayormente a China y otras partes de Asia. Y eso es por el efecto combinado de menores necesidades de energía importada en Estados Unidos, gracias a la utilización de los nuevos métodos de fractura hidráulica (fracking) que produce cada vez más petróleo liviano, y por el tope que ha alcanzado su demanda doméstica. Continue reading
Posted in Chavez, Chavez lagacy, China, heavy oil, international relations, Latin America and Caribbean, Oil supply, OPEC, PDVSA, shale oil, The USA, Tight oil, Trade and Commerce, U.S. oil, Venezuela oil
Tagged Beijing, Business and Economy, Chavez, China, Energy, Heavy crude oil, Hugo Chávez, Latin America, oil sector, OPEC, PDVSA, United States, Venezuela
Back in April, Brazil’s Folha de SaoPaulo ran an article entitled: “The Future of Venezuela Depends on China“ and highlighted this quote: Translation: “If Maduzo wins, he’ll have to regain the confidence of the Chinese.” TOM O’DONNELL, petroleum consultant
Indeed, it is now clear that the short-term strategy of the post-Chavez Maduro-Cabello administration was to escape the country’s severe dollar crisis by convincing Beijing to extend it a $5 billion cash loan alleviating food-import shortages before 8 December elections. In particular, the cash was to fund a new dollar exchange system (see El Nacional,25 Sept 2013). Continue reading
Posted in Chavez lagacy, Chavez legacy, China, Faja of the Orinoco, heavy oil, Hugo Chávez, Latin America and Caribbean, PDVSA, Uncategorized, Venezuela diplomacy, Venezuela oil, Venezuela update, Venezuelan elections
Tagged Beijing, Caracas, China, Hugo Chávez, Maduro, Nicolás Maduro, PDVSA, Venezuela
Americas Quarterly today carries a followup that to my 29 August piece on Post-Chavez changes at PDVSA.
Drilling rig (PDVSA)
NOTE: During the past couple weeks, while in Maracaibo and Caracas, I was repeatedly told of a new offshore payment mechanism that PDVSA has begun offering to its Joint Venture foreign partners. Venezuelan private sector leaders took credit for the general idea. Continue reading
Posted in Chavez, Chavez lagacy, Chavez legacy, China, Faja of the Orinoco, heavy oil, Hugo Chávez, Latin America and Caribbean, Maracaibo, PDVSA, Trade and Commerce, Venezuela oil, Zulia
Tagged Americas Quarterly, Caracas, Maracaibo, Nicolás Maduro, PDVSA, Petróleos de Venezuela, Twitter, Venezuela