NATO's supreme allied commander in Europe warns that Russia could 'accomplish its objectives in between 3 and 5 days' if ordered.
Diversifying European oil and gas imports is no small task, but if Moscow’s Crimean incursion leads to a tit-for-tat escalation in energy sanctions, Russia faces a far more difficult time quickly finding new customers than Europe does finding new suppliers.
As President Obama meets with the Saudi king in Riyadh Friday, he is almost certain to discuss the Ukraine crisis and how to respond. Could the US and Saudi Arabia coordinate a release of oil that would punish Russia's energy-dominated economy?
The announcement of winners of rights to offshore oil and natural gas blocks followed months of anticipation as isolated Myanmar opened its doors to the global energy industry.
One out of ten barrels of the global oil supply now comes from the United States, according to the US Energy Information Administration. Most of that oil production came from the Eagle Ford and Bakken Shale plays in Texas and North Dakota, respectively.
The standoff between Russia and the West will likely take twists and turns for some time in the future. Investors in energy may need to brace themselves for a bumpy ride.
Russian President Vladimir Putin signed a bill Friday officially incorporating Crimea as part of Russia. Moscow's Crimea annexation is a double whammy against Ukrainian energy security – blocking Kiev's access to Black Sea oil and gas while extending Mr. Putin's energy dominance in Europe.
President Obama has announced several rounds of economic sanctions on Moscow, acting with European allies. Here are answers to some simple questions about sanction specifics.