THE SHRINKING PATH FORWARD FOR U.S. OILFIELD SERVICES
The recent oil price collapse is setting the stage for yet another steep decline in revenue and profit for the U.S. Oilfield Services (OFS) sector. As challenging as it will be for U.S. OFS companies to weather this storm, it represents just another blow to a sector already beleaguered by its and its customers’ inability to deliver adequate financial returns and longer-term demand uncertainty given climate change (decarbonization) concerns. All of these threaten to shrink and transform OFS in the years to come. March 31, 2020.
COVID-19 PANDEMIC AND THE GLOBAL ECONOMY
Payne Institute Fellow Jamal Saghir writes a timely commentary. When some experts described the COVID-19 pandemic as the most dangerous global challenge since World War II, potentially overshadowing the 2008-2009 financial crisis- they were correct. Although disasters diverge in their causes and scope of impact, they are connected by the necessity for coordinated international, regional, national, and local responses. The world is on the verge of major economic recession and the impact on every country, rich or poor, will be tremendous unless early actions are implemented quickly. March 30, 2020.
LEANING IN: MOVING AHEAD OF REGULATIONS FOR NATURAL GAS EMISSIONS
Payne Commentary about the natural gas industry, which is facing a number of headwinds. These challenges include decarbonization, electrification, and digitization. More recent pressure stems from low and volatile prices, supply gluts, heavy debt loads, and a nascent oil “war”. March 19, 2020.
POST-CONFLICT ENERGY PLANNING IN THE MIDDLE EAST
We examine the primary policy constraints that affect post-conflict energy planning in the Middle East region. The focus countries are Iraq, Syria, Yemen and Libya. We also highlight the role of renewable energy projects in promoting sustainable energy planning post-conflict. October 18, 2019.
LATIN AMERICA’S DIVERSE LITHIUM OPPORTUNITY AND LITHIUM IN A BATTERY
A two part series discussing lithium and how it can be processed into a pure metallic state, its application and uses in the growing battery market are as chemical compounds. Lithium production is relatively scarce and complex. The lithium market is growing exponentially but is marked by volatility in the short term. September 30, 2019.
Part 1 – Latin America’s Diverse Lithium Opportunity and a Sustainable Energy Future
Part 2 – Lithium in a Battery
Parte 1 – Las Diversas Oportunidades para el Litio en Latinomérica y un Futuro Energético Sustentable
Parte 2 – El Litio en una Batería
THE GOLD RUSH IN VENEZUELA COULD DESTABILIZE LATIN AMERICA AND THE CARIBBEAN
David Soud writes regarding Venezuela and the illegal gold mining that has become big criminal business, and now poses a major security risk to that troubled country’s neighbors. As Venezuela slides toward possible collapse, gold has replaced the country’s world-leading oil reserves as a means to prop up the nearly bankrupt Maduro regime. May 2019.
GLOBAL COMMODITY AND TRADE FLOWS THREATENED BY MENA POWER PROJECTIONS
International geopolitical discourse lately has been looking at the growing impact of China’s One Belt One Road initiative in Asia, Middle East and Europe. Mainstream media has extensively assessed the influence of China’s economic power projections in the targeted regions, with specific focus on the financial power of Beijing to change alliances and regional constellations. March 2019.
SCALING UP ENERGY EFFICIENCY IN EMERGING MARKETS: GLOBAL EXPERIENCES, CHALLENGES AND OPPORTUNITIES February 1, 2019
SCALING UP ENERGY EFFICIENCY IN EMERGING MARKETS: GLOBAL EXPERIENCES, CHALLENGES AND OPPORTUNITIES
As developing economies will play an increasingly critical role in driving global economic growth, their lack of established sound policy frameworks and mechanisms to reduce energy intensity risk negating any progress that has been made to shift the global economy to a cleaner and more efficient energy system. February, 2019.
CIRCULAR ECONOMY FOR THE ENERGY TRANSITION
The linear economy has negative impacts on the economy and environment as it relies on a continuous supply of virgin resources, omitting the utilization of the value in waste products and the synergies between the different sectors and stages of the economy. January 2019.
SIMPLE PAYBACK – THE DEATH OF MOST COST EFFECTIVE CLEAN ENERGY PROJECTS
In our personal lives, we tend to use reasonably sophisticated decisionmaking criteria, such as return-on-investment (ROI), to make retirement investment decisions. However, at work many of us seem to default to simple payback as the primary decision-making
method for clean energy investments, including energy efficiency, renewable energy and cogeneration projects. October 2018.
COLORADO OIL AND GAS DEVELOPMENT AND A POLITICALLY-CHARGED BALLOT PROPOSITION
Politics are local, so good policy must be deeply rooted in local context, be precisely written, acknowledge the need to be flexible or adaptable over time, and have a realistic chance of meeting its objectives. October 2018.
THE EVOLVING ROLES AND STRUCTURES OF UNIVERSITY-AFFILIATED ENERGY AND ENVIRONMENT INSTITUTES October 1, 2018
THE EVOLVING ROLES AND STRUCTURES OF UNIVERSITY-AFFILIATED ENERGY AND ENVIRONMENT INSTITUTES
This is a Working Paper that we hope will elicit comments and suggestions that will be used to refine and augment the work. Its principal impetus was to better understand the landscape of university-affiliated energy and environment institutes to inform the development of the nascent Payne Institute at the Colorado School of Mines. October 2018.
INDIA’S SOLAR IMPORT DUTIES ARE SLOWING DOWN THE CLEAN ENERGY TRANSITION
In India, Prime Minister Narendra Modi’s government aims to install 227 gigawatts of renewable power generation capacity by 2022. Accounting for one-half of the targeted capacity, solar power plays a key role in these plans. September 2018.
OIL SECURITY AND GEOGRAPHY
For ten days starting July 25, Saudi Aramco suspended all oil shipments through the Bab al-Mandeb Strait, one of the world’s most vital oil chokepoints, after two Saudi oil tankers were attacked off the coast of Yemen. One of the ships was lightly damaged but no one was injured. The incident marked at least the fifth time this year that an oil tanker has been targeted by Houthi militants backed by Iran. Over the last three years, the Houthis have deployed mines, anti-ship cruise missiles, explosive drone skiffs, and their own attack boats. August 2018.
ENERGY EFFICIENCY AND THE SUSTAINABLE DEVELOPMENT GOALS
The United Nations Sustainable Development Goals (SDGs) were adopted in September 2015. They significantly broaden the areas covered by the Millennium Development Goals (MDGs) and give an official recognition of the central role of energy as an enabler for development. August 2018.
The Payne Institute experts are regional, national, and international leaders in applied research in natural resources, energy, and the environment. Our team is involved in a wide variety of research projects in these fields, and are committed to sharing these results with academic and professional audiences.
DISCLAIMER: The opinions, beliefs, and viewpoints expressed are those of the author alone and do not reflect the opinions, beliefs, viewpoints, or official policies of the Payne Institute or Colorado School of Mines.