Energy companies around the world are reassessing their business models in response to fundamental changes in markets, including new technologies, concerns over the environment and new customer expectations. For many companies, this means significant adjustments in their priorities and investments.
Host Bill Loveless (@bill_loveless) speaks with Iain Conn, CEO of Centrica, a multinational company that supplies energy and services to 28 million customers primarily in the United Kingdom, Ireland and North America. They discuss: The potential of a future oil supply crunch; Energy security in the U.S. and in Europe; U.S. LNG in the world market; How climate change is impacting utility business models.
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CGEP Director Jason Bordoff interviews Helima Croft and Bernard Haykel about the unfolding situation between Qatar and middle eastern nations. They discuss: The impact on energy trade and markets; What's at stake for U.S. interests; The impact on OPEC market management; Future scenarios for geopolitics. Helima is Managing Director and Global Head of Commodity Strategy at RBC Capital Markets. Previously, she was Managing Director and Head of North American Commodities Research at Barclays, held positions at the Council on Foreign Relations and the CIA. Bernard, a leading expert on the Middle East, is a Professor of Near Eastern Studies and Director of the Institute for Transregional Study of the Contemporary Middle East, North Africa, and Central Asia at Princeton University. He was previously associate professor of Islamic and Middle Eastern history at New York University.
For more information about the Center on Global Energy Policy and the Columbia Energy Exchange visit us online and engage with us: @ColumbiaUEnergy - #ColumbiaEnergyExchange - www.energypolicy.columbia.edu
CGEP Director Jason Bordoff speaks with William Reilly, former U.S. EPA Administrator, about President Trump's decision to withdraw from the Paris Agreement. For more information about the Center on Global Energy Policy and the Columbia Energy Exchange visit us online and engage with us: @ColumbiaUEnergy - #ColumbiaEnergyExchange - www.energypolicy.columbia.edu
Jason Bordoff interviews Ambassador Michael Froman, former USTR, about issues including: The outlook for U.S. trade policy and what a more protectionist approach to trade would mean for the energy sector; The renegotiation of NAFTA; The emergence of Chinese global trade leadership; Energy and environmental opposition to trade deals. For more information about the Center on Global Energy Policy and the Columbia Energy Exchange visit us online and engage with us: @ColumbiaUEnergy - #ColumbiaEnergyExchange - www.energypolicy.columbia.edu
Host Jason Bordoff interviews Christof Rühl, Global Head of Research at the Abu Dhabi Investment Authority, about some of the leading issues that will influence the future of the global energy sector. Jason and Christof discuss: energy demand in emerging markets; the future of peak oil demand; the long-term outlook for shale; and expectations for the upcoming OPEC meeting.
President Trump campaigned on the promise to revitalize American infrastructure. In his first one hundred days in office, he approved the construction of Keystone XL and Dakota Access pipeline projects, two highly politicized and controversial energy projects. Now, lawmakers are considering the possibility of a broad infrastructure bill that may include not only roads and bridges, but also pipes to deliver clean drinking water, new oil and gas pipelines, and projects that would impact U.S. LNG exports, hydropower and offshore drilling. Host Bill Loveless (@bill_loveless) sits down withRepublican member of the U.S. House of Representatives, Hon. Fred Upton, to discuss anticipated legislation that would affect America's energy infrastructure and other issues including: The role of energy in a new infrastructure bill; How Trump's budget proposal would affect the Department of Energy; Climate change and technology; Nuclear energy and coal; An "all of the above" approach to energy security.
Host Jason Bordoff (@JasonBordoff) interviews Adnan Shihab-Eldin, Director General of the Kuwait Foundation for the Advancement of Sciences and the former Acting Secretary General and Director of the Research Division of OPEC, about oil markets and the future of GCC economies. Topics they discuss include: Impacts of the oil price collapse on GCC economies; Economic reforms in GCC nations; The reality of peak oil demand; The role of shale in global oil supplies; Russia's commitment to OPEC production cuts.
Follow and engage with the Center on Global Energy Policy online: @ColumbiaUEnergy; http://energypolicy.columbia.edu/
Host Bill Loveless speaks with Tommy Beaudreau, a non-resident Fellow at the Center on Global Energy Policy and partner in the Environment, Land & Resources Department of Latham & Watkins in Washington, D.C. Bill and Tommy discuss: details of the latest executive order on offshore oil and gas drilling; what political and legal challenges the order will face; how the U.S. government have improved drilling and safety standards since the Deepwater Horizon oil spill; and next steps in the offshore review process.
Host Bill Loveless speaks with Ethan Zindler, Head of Americas at Bloomberg New Energy Finance and a specialist in U.S. clean energy policy. Bill and Ethan discussed: the future of the Clean Power Plan; natural gas markets; the longevity of the U.S. coal sector; and the future of nuclear power in the U.S. under President Trump.
Host Jason Bordoff speaks with Maroš Šefčovič, the European Commission Vice President in charge of overseeing the the European Energy Union. Jason and Maroš discussed: European energy security; the role of cities in the energy transition; the role of R&D and new technologies to combat climate change; private sector capital in clean energy; and Russia and responses to the rise of U.S. LNG.
Host Bill Loveless talks with John Watson, Chairman of the Board and CEO of the Chevron Corporation, the second largest integrated oil company in the United States. Bill and John spoke in Washington, D.C. about topics including: the outlook for oil and natural gas markets; climate change and the role of energy companies; the breakdown of public discourse on energy issues; and the Trump Administration, free trade, tax reform and energy policy.
Host Bill Loveless sits down with Hon. Catherine McKenna, Canada's Minister of Environment and Climate Change, to get an inside look at environmental policy in the nation. Catherine and Bill discuss: Canada's approach to climate change and linkages between the environment and economic policy; different approaches to environmental and climate policy between the U.S. and Canada under President Trump and Prime Minister Justin Trudeau; and the realities of a national carbon pricing plan in Canada.
Since OPEC’s November 2014 decision to let the oil price fall rather than cut output, the outlook for the energy sector has changed dramatically. Oil prices have rebounded from an historic slump as OPEC has re-emerged and asserted itself to curb global oil production and oil demand has grown faster than expected. At the same time, U.S. shale oil looks set to rise sharply, and U.S. fuel economy standards may be eased, thus boosting demand, even as questions about longer term oil demand remain. All of this poses enormous uncertainties for design of environmental policy, for the global economy, and for geopolitical stability in key producing countries around the world.
Host Jason Bordoff sits down with Bobby Tudor, Chairman of Tudor, Pickering, Holt & Co., LLC, to discuss the outlook for the energy sector. Prior to founding Tudor Capital, Bobby spent nearly twenty years at Goldman Sachs & Co. where he was a partner. Bobby holds a BA in English and Legal Studies from Rice University and a JD from Tulane Law School. Among many topics Bobby and Jason discuss, several include: The oil price outlook and the role U.S. shale will play; Digitization of the oil field; Capital availability and financing; The role of emerging markets in global demand; The new policy landscape in D.C. and how deregulation will affect the energy sector.
New markets dynamics, technological innovation, and evolving climate and geopolitical issues have made the energy sector incredibly dynamic and increasingly complicated to understand for policymakers, business leaders, academia and the general public alike. To help decode and explain these issues and their significance within a greater global context, journalists covering the energy beat have never been more important. On this episode of the Columbia Energy Exchange host Bill Loveless sits down with veteran energy reporters Steve Mufson from the Washington Post and Amy Harder, who has recently moved from the Wall Street Journal to a new startup called Axios, to discuss the importance of energy literacy and how the energy beat has dramatically changed in the last decade. Among many topics Bill, Steve and Amy discussed, several include: The importance of energy literacy and key challenges journalists face when covering the energy beat; Energy's interconnectedness to other economic, public health, and political factors; How the energy beat has changed over the years; The first months of the Trump Administration and energy policy.
Jason Bordoff speaks with Eirik Wærness, Senior Vice President and Chief Economist at Statoil, about the short and long term energy outlook. Eirik is a member of the World Economic Forum’s Global Agenda Council on the Future of Oil & Gas, and prior to his time at Statoil, he served as a member of the Executive Board of the Central Bank of Norway, in the Norwegian Ministry of Finance and he worked at Total E&P Norway. Jason and Eirik spoke at an international energy conference in Oslo, Norway. Among many topics they discussed, several include: The role of peak oil demand in energy markets; The growth of international LNG exports; China's demand for energy; The integration of renewables into the power grid.
Host Bill Loveless speaks with Robert Powelson, the new President of the National Association of Regulatory Utility Commissioners (NARUC). Robert is a member of the Pennsylvania Public Utility Commission, he has chaired the NARUC Committee on Water and he formerly served as the President of the Chester County Chamber of Business & Industry. Bill and Robert discussed: what state utility regulators expect to see from the Trump Administration and how it will differ from regulation under President Obama; the future of the Clean Power Plan and state approaches to decarbonization; nuclear waste and the future of Yucca Mountain; the need for a renaissance in energy infrastructure; and energy innovation.
Host Jason Bordoff speaks with Sheikh Nawaf Saud Nasir Al-Sabah, the CEO of the Kuwait Foreign Petroleum Exploration Company (KUFPEC), the international upstream and wholly-owned subsidiary of the State-owned Kuwait Petroleum Corporation (KPC). Jason and Sheikh Nawaf discussed: new KUFPEC projects in Norway and Thailand; transitions in oil-reliant economies including the Aramco IPO and Saudi Arabia's Vision 2030; reactions to the new U.S. administration; the potential for more integration in global gas pricing; and the role of renewables in the energy sector.
Host Jason Bordoff speaks with India's Petroleum and Natural Gas Minister, Dharmendra Pradhan, on issues including: India's energy model and the country's path to energy security; the energy sector opening up to private companies and investment; Indian policies aimed at increasing domestic energy production; and gas pricing reform.
Host Bill Loveless talks to Riccardo Puliti, the Head of the Energy and Extractives Global Practice at the World Bank Group who oversees $52 billion in loans. They discussed: the World Bank's energy portfolio, financing targets, and its role in the fight against global poverty; the need for private sector partnerships to finance World Bank projects; the variety of instruments used to energy access and climate change issues; regional differences and needs, with respect to energy; and the role of a carbon price in aligning incentives.
Host Jason Bordoff sits down with Bob McNally, a Fellow at the Center, founder and president of the Rapidan Group, a leading energy consulting firm in Washington, D.C., and former energy advisor to President George W. Bush. They discuss all things oil price volatility, the topic of Bob's new book, Crude Volatility: The History and the Future of Boom-Bust Oil Prices, the first book in the new Center on Global Energy Policy book series with Columbia University Press. They discuss: the origins of oil price control in the United States; differences between boom bust cycles today and 10 years ago; what history tells us about the future of price volatility and how governments and business can cope; and shale's role as a potential swing producer.
From the recent OPEC agreement to energy security issues in Europe, few countries are more important to the global energy picture than Russia. On this episode of the Columbia Energy Exchange, host Jason Bordoff speaks with Dr. Jonathan Eyal, International Director of the Royal United Services Institute, a leading think tank on military and defense issues in the United Kingdom. They discuss: How Russia's position in the global energy order might shift as a result of growing U.S. and Australian LNG exports; What affect continued, if not harsher, U.S. sanctions will have on the Russia; How Brussels and Eastern Europe should handle energy ties with Russia; The development of Nordstream II; Russia's Middle East policy and implications for its relationship with OPEC.
During his campaign for President of the United States, one of the many advisors Donald Trump turned to on energy issues was Kevin Cramer, a Republican member of the U.S. House of Representatives from North Dakota, the second leading state in oil production as a result of the boom in shale drilling.
On this episode of the Columbia Energy Exchange host Bill Loveless talks with Congressman Cramer about his vision for American energy and environmental policy. They discuss: What being a climate skeptic means to the Congressman and where he stands on the issue; Insights on being tapped to advise Donald Trump on energy issues; What energy and environment issues the federal government should be regulating; Whether or not climate change is an urgent issue; Donald's Trumps commitment to the Paris Accord; The Congressman's advice to EPA-nominee Pruitt on the environment.
Among the most important federal agencies assisting President Obama's energy and environment agenda has been the Department of Interior, which manages one-fifth of the nation’s lands and has a critical role to play in energy and climate issues. Host Jason Bordoff sits down with U.S. Secretary of the Interior, Sally Jewell, in front of a live audience to discuss President Obama’s energy and environment legacy, as well as the Interior’s new report and guidance on coal leasing and how it will withstand a new administration, shifts in energy consumption and effects on local communities, offshore Arctic drilling, environmental activism and how to balance the need to produce resources while simultaneously addressing climate change, and the role of oil and gas in a low carbon transition.
Host David Sandalow speaks with Jonathan Pershing, the United States Special Envoy for Climate Change, about the future of climate diplomacy and different climate objectives around the world. Prior to his current role, Jonathan served as Senior Climate Advisor to the U.S. Secretary of Energy and the Principal Deputy Director of the Office of Energy Policy and Systems Analysis at the Department of Energy. He has also worked as lead negotiator representing the United States at meetings of the UN Framework Convention on Climate Change, as the Director of the Climate, Energy and Pollution Program at the World Resources Institute, and as the Head of the Environment Division at the International Energy Agency in Paris. David and Jonathan discuss: how climate diplomacy has changed over time; the Trump Administration and what his cabinet picks mean for the future of climate and the environment; the future of the Paris Agreement; and climate change issues around the world including the U.S., China, India and Indonesia and African nations.