Articles Tagged: energy security

Systems security in energy and utilities companies gives cause for concern

Security ratings specialist BitSight Technologies has released a new report highlighting the differences in security performance across industries from August 2014 to August 2015. Having analyzed security ratings of nearly 10,000 organizations across six sectors — finance, federal government, retail, energy and utilities, healthcare and education. It reveals worrying performance trends in the critical energy and utilities sector, however, the federal government (despite recent headlines) is revealed as high performing and second only to finance.

The U.S. still needs Arctic energy

The recent decision by the United States to allow energy exploration drilling to re-commence in the Alaskan Arctic’s Chukchi Sea this summer is a welcome development. Here’s why: Federal waters in offshore Alaska are estimated to hold roughly 27 billion barrels of oil and 132 trillion cubic feet of natural gas, the vast majority of which is located in the Arctic. Experts believe that the Chukchi in particular, which holds more resources than any other undeveloped U.S. energy basin, may represent one of the world’s largest sources of untapped oil and gas.

Four Graphics That Should Change Our Energy-Environment Discussion

Nothing irks me more in my career than rich Westerners seeking to limit or block the coal, oil, and natural gas that we devour from poor people. It’s the height of hypocrisy, dangerous, and simply isn’t tractionable. And as the non-OECD goes, there are in fact 6,100 million poor people in the world. Energy is indispensable, confirming that it “cannot not be used,” and the undeveloped world is so energy deprived that all options must be on the table, all of the time.

The U.S. Is More Energy Sufficient Than Ever Before, And The Arctic Can Assure It Stays That Way

The recent decision by the United States to allow energy exploration drilling to re-commence in the Alaskan Arctic’s Chukchi Sea this summer is a welcome development. Here’s why: Federal waters in offshore Alaska are estimated to hold roughly 27 billion barrels of oil and 132 trillion cubic feet of natural gas, the vast majority of which is located in the Arctic.

Russia widening efforts to sway Central Europe energy policy: Czech intelligence

Russia has been widening its efforts to influence decisions on the Czech nuclear industry to cover the drafting of the country’s long-term national energy strategy, and has also sought to influence decisions about nuclear power across the whole of Central Europe, according to a report by the Czech Security Information Service (BIS) on its 2014 activities.

Reconceptualizing the link between energy and security

Western framing of the relationship between oil and national security remains linked to concerns that the owners of oil-producing assets in Saudi Arabia or other Organization of Petroleum Exporting Countries (OPEC) might regain market power and use it to coerce countries that depend on imports to meet domestic demand.

China’s Energy Security Achilles Heel: Middle Eastern Oil

While recent turbulence in the Chinese economy has caused investors and pundits much concern, observers may be missing another critical threat to both Chinese and world markets. Soaring Chinese oil consumption and turmoil in the Middle East have been central, and seemingly irrevocable, features of the global energy landscape in recent years. But China’s outsized and growing reliance on crude oil imports from this increasingly turbulent region leave the world’s largest crude importer highly exposed to the adverse effects of a major supply disruption. The Middle East’s precarious security situation and fragile political balance constitute serious threats to China’s energy security and, by extension, the stability of global markets.

Partner & Fellow Blogs