Exxon, Chevron Focus on Oil Projects in the Americas
The two largest U.S. oil companies are pulling back on big international oil projects and concentrating on a handful of more lucrative assets closer to home.
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Last week, a cyberattack on the Colonial Pipeline system forced the shutdown of one of the nation’s most critical pieces of energy infrastructure, spurring price spikes and panicked buying to fill up tanks. While the pipeline is back up and running, the lasting significance of the Colonial outage–the largest attack on the US energy system in history–should not be overlooked.
In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Bob McNally and Adam Segal, leading experts on energy and cybersecurity, respectively, to examine what happened with the Colonial Pipeline system and what lessons should be drawn about the vulnerability and resilience of critical energy infrastructure.
Bob McNally is a Non-Resident Fellow at the Center on Global Energy Policy, and the founder and President of the Rapidan Energy Group. From 2001 to 2003, Bob served as the top international and domestic energy adviser on the White House staff. He is the author of the book Crude Volatility, published through the Center on Global Energy Policy book series.
Adam Segal is the Ira A. Lipman chair in emerging technologies and national security, and director of the Digital and Cyberspace Policy program at the Council on Foreign Relations (CFR). He is the author of the book The Hacked World Order: How Nations Fight, Trade, Maneuver, and Manipulate in the Digital Age. Before coming to CFR, Adam was an arms control analyst for the China Project at the Union of Concerned Scientists. He has been a visiting scholar at the Hoover Institution at Stanford University, the Massachusetts Institute of Technology’s Center for International Studies, the Shanghai Academy of Social Sciences, and Tsinghua University in Beijing.
This week host Jason Bordoff talks with Cheryl LaFleur and David Hill about the incoming Trump administration, its impact on FERC, and the status of permitting reform measures.
The international climate negotiation process stands at a critical juncture. At the recent COP29 summit in Azerbaijan, nations struggled to find common ground on financial support and carbon...
The energy transition is transforming how we power our world – clean energy systems are becoming more interconnected, automated, and reliant on digital infrastructure. But with this transformation...
The clean energy transition has a dirty underside. To move away from fossil fuels and toward solar, wind, batteries, and other alternative sources of energy, we have to intensify mining operations for critical minerals like lithium, copper, and cobalt.
A bipartisan permitting-reform proposal in the US Senate includes provisions that reduce barriers to an improved electricity transmission system, which would help fortify the country’s energy system and accelerate the transition away from fossil fuels.
TRENDS Research & Advisory strives to present an insightful and informed view of global issues and challenges from a strategic perspective. Established in 2014 as an independent research center, TRENDS conducts specialized studies in the fields of international relations and political, economic and social sciences.
This year’s Conference of the Parties (COP-29) broke new ground with the Baku Initiative for Climate Finance, Investment, and Trade (BICFIT)—the first high-profile COP initiative to place trade...
Economic statecraft, and sanctions in particular, are popular policy instruments because they promise to deliver leverage at someone else’s expense. Sanctions can create pressure by taking away something...