Research
Report

Beyond the humanitarian concerns that exist, Venezuela has become a supply risk for oil markets. Luisa Palacios explores the increasing risks posed by the troubles in this OPEC nation’s oil patch and the unprecedented economic, social and political crisis. The report notes that while the decline in production has yet to translate into a significant fall in oil exports, the most severe threats to the oil market from Venezuela are likely yet to come.

Columbia Energy Exchange Podcast

Host Jason Bordoff speaks with Ali Moshiri, the former president of Chevron's Africa and Latin America Exploration and Production division, about the crisis in Venezuela and the effects on the global energy sector, and then the outlook for other...

Research
Op-ed

Not only have prices entered a prolonged decline, so has OPEC’s image as a market-shaping institution. OPEC seems in terminal decline. But, argues Antoine Halff in the Financial Times, it is too early to announce OPEC’s death.

Research
Report

By the International Maritime Organization’s (IMO) reckoning, some 5.5 million barrels of oil — 6% of world demand — get burned daily as bunker fuel on the high seas. Those bunkers are the world’s last big sink for high sulfur residual fuel oil (HSFO), the "bottom of the barrel,” as air-emission rules for ships have to date remained relatively loose. Tighter sulfur regulations may soon change that, with far-reaching impacts for the shipping industry, energy markets and air emissions from ships.

Research
Report

In Fall 2015, the Center on Global Energy Policy at Columbia University convened a group of experts from academia, government, industry, nongovernmental organizations and research institutions for a roundtable in London to discuss the implications

Research
Testimony

Antoine Halff testified before the US Senate Committee on Energy and Natural Resources at a hearing to examine the near-term outlook for energy and commodity markets.

Research
Op-ed

Writing on CNN.com, Jason Bordoff explains how the deepening oil price collapse is having serious economic, environmental and geopolitical consequences across the world while, at the same time, creating an opportunity to adopt strong energy polici

Research
Commentary

Fellow Bob McNally explains how OPEC abdicated the role of market manager over ten years ago--not just in the last year--and that we have already seen the results in a boom (2004–2008) and two busts (2008, 2014–2015) in oil prices. Given oil’s vital role in the global economy, financial markets, and policymaking, coping with elevated price volatility will require the sustained and smart attention of business and government leaders.

Research
Commentary

A year after its decision not to cut production in the face of low prices, there is no question that OPEC is feeling the pinch of continued market weakness.

Research
Report

Today the Center on Global Energy Policy released a new study, The Renewable Fuel Standard: A Path Forward, authored by Dr. James Stock, a former Member of the President’s Council of Economic Advisers and now a Harvard economist and non-resident Fellow at the Center.

Pages