Ukraine

During my recent visit to Ukraine, I saw firsthand the resilience and strength of the country and its people. Despite the ongoing war, the energy sector and academic institutions continue to thrive, demonstrating unwavering dedication to progress and innovation.

Straddling Europe and Asia, the Black Sea is emerging as a frontier for deepwater gas exploration and production as Romania and Turkey drive projects complicated by subsea hazards found nowhere else on earth.

The recapture of the "Boyko Towers" takes Kyiv "many steps closer to regaining Crimea," the Ukrainian intelligence service said.

Energy company DTEK plans a second phase to build back greener after Russian invasion.

Fossil fuel importers could move more quickly to renewables as a domestic alternative to buffer the impact of energy supply disruptions and rising prices.

Energy security in Europe—and globally—now rests on US natural gas exports. Europe’s shift from Russian gas to other supplies has dramatically and permanently changed global gas trade and energy markets.

There are two principles that should guide efforts to rebuild Ukraine’s energy system: ensuring energy security and independence and deepening the connection and economic relationship between Ukraine and the European Union. To accomplish both, Ukraine should develop its potential renewable energy resources.

After Russia started a war in Ukraine, oil prices increased and brought in higher oil export revenues in the short run. Longer term, things are looking rougher.

The drop in Russian fossil fuel exports after its Ukraine invasion will transform the global energy landscape for decades and can help hasten a green energy transition, the International Energy Agency said.

The Russian/Ukrainian conflict has shown that a division between energy-transition rhetoric and reality can lead to profound global consequences by creating an imbalance in nations’ access to diverse flows of energy. The Energy Basket composition is determined by the demands and fluidity of the grid, as opposed to high-minded rhetoric.