Saudi Arabia and Russia have indicated plans for a longer-term alliance on oil supply to be discussed at the OPEC ministerial meeting in June. While it is not clear what form this agreement would take and whether the current OPEC plus deal would be extended beyond 2018, the move implies development of a more strategic relationship with long-term market implications. This is as OPEC's crude oil output hits lowest in one year together with supply issues in Venezuela, uncertainty over U.S. sanctions renewal on Iran and tensions over Syria.

Please join us for a panel discussion to explore the political and economic motivations for a long-term Saudi-Russia alliance, the U.S. reaction, as well as the market implications. Our speakers are Steve LeVine, Future Editor at Axios, and Edward Chow, Senior Fellow at the Center for Strategic and International Studies. Amy Jaffe, our board member and David M. Rubenstein senior fellow for energy and the environment at the Council on Foreign Relations, will moderate the discussion.

SPEAKERS 

Steve LeVine

Steve LeVine is Future Editor for Axios, a startup news site created by the founders of Politico. Prior to Axios, Steve LeVine was Washington Correspondent for Quartz, the mobile-first startup launched in 2012 by Atlantic Media. Steve is also a Future Tense Fellow at the New America Foundation and an adjunct professor at Georgetown University, where he teaches energy security in the graduate-level Security Studies Program.

Previously, Steve was a foreign correspondent for eighteen years in the former Soviet Union, Pakistan and the Philippines, running a bureau for The Wall Street Journal, and before that writing for The New York Times, the Financial Times and Newsweek. Steve has authored three books including The Powerhouse, The Oil and The Glory, and Putin's Labyrinth. Steve lives in Washington, D.C., with his wife, Nurilda, and their two daughters.

Edward Chow

Edward C. Chow is a Senior Fellow in the Energy and National Security Program of the Center for Strategic and International Studies (CSIS) in Washington. He is also a visiting professor at both Fudan University in Shanghai and at Ohio University this academic year. He is an international energy expert with 40 years of industry experience working around the world. He has developed government policy and business strategy, and successfully negotiated multibillion-dollar oil and gas agreements. He has advised U.S. and foreign governments, international financial institutions, major oil companies, and leading multinational corporations. He spent 20 years with Chevron Corporation in headquarter and overseas assignments. While at Chevron, he worked on the company’s business interests in both Saudi Arabia and Russia. 

MODERATOR

Amy Jaffe

Amy Myers Jaffe is a leading expert on global energy policy, energy and sustainability and geopolitical risk. She is the David M. Rubenstein Senior Fellow for Energy and the Environment at the Council on Foreign Relations. For the past several years, Amy has served as Executive Director for Energy and Sustainability at the University of California Davis, and senior advisor on energy and sustainability at the Office of the Chief Investment Officer of the University of California Regents. She was also formerly a global fellow at the Woodrow Wilson International Center for Scholars. Prior to joining the University of California, Davis, Amy served as founding director of the Energy Forum at Rice University's James A. Baker III Institute for Public Policy and its Wallace S. Wilson fellow for energy studies.

Amy is widely published, including as coauthor of Oil, Dollars, Debt and Crises: The Global Curse of Black Gold with Mahmoud El-Gamal and coeditor of Natural Gas and Geopolitics From 1970 to 2040. She is a member of the U.S. National Petroleum Council and the World Economic Forum's (WEF) Global Future Council on International Security. Prior to serving on the International Security panel, Amy was chair of the Global Agenda Council on the Future of Oil and Gas for the WEF.  Amy was awarded the Senior Fellow award from the United States Association for Energy Economics in 2015 for her career contributions to the organization and to the field of energy economics.

PROGRAM

5:30 - 6:00 PM: Registration
6:00 - 7:30 PM: Presentation and Discussion
7:30 - 8:00 PM: Reception

COST

$40.00 for General Admission
$10.00 for Academic/Military
$0.00 for Energy Forum Sponsors
$0.00 for Energy Forum Subscribers

QUESTIONS

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