Global Resource Politics: the Past, Present and Future of Oil, Gas and Shale

Energy is often said to be the lifeblood of modern society. Multiple sea changes are currently afoot in the global economy, at the heart of which lies energy.

Understand the numerous critical energy challenges the world faces

The goal of this free online course is to examine the numerous critical energy challenges we are facing, and the complex interaction between the economics and politics of global energy markets.

Over six weeks, we will explore: the causes and implications of low oil prices for global energy markets and geopolitics; the success of North American shale gas and the desire of other countries, particularly China, to replicate it in future; the state of US natural gas and oil production; and the impact of the shale revolution and low oil prices on OPEC and Russia.

Analyse the political economy of the global energy industry

Global Resource Politics will give you an introduction to the basic elements of energy production, consumption and transportation, and the functioning of the global energy markets, industry and investments.

Learning with Professor Younkyoo Kim, from the the Division of International Studies at Hanyang University in Seoul, Korea, you will acquire an understanding of energy security and energy policy in today’s highly politicised, volatile energy markets.

Global Resource Politics is open to anyone with an interest in energy security and energy policy.

• Overview of current global energy politics
• Welcome to the course
• The shifting global energy supply and demand
• Demand surge and the rise of new consumers
• The rise of Asia as a new demand center
• The rise of the US as a new supply center
• Conclusion
• Why low oil prices?
• Introduction
• Shale revolution and low oil prices
• US shale gas and oil production
• Shale revolution in China
• The impact of low oil prices on US shale revolution
• Conclusion
• The impact of shale revolution on the energy market
• Introduction
• Global LNG market
• Future of LNG
• Future of renewables
• Conclusion
• Us shale revolution: geopolitics
• Introduction
• Geopolitics of shale revolution
• Future of OPEC oil & gas
• Future of Russian oil & gas
• Conclusion
• Energy security in Europe
• Introduction
• Russia-EU energy relations
• Europe’s strategy to reduce dependence on Russia
• Russian gas exports: threats and opportunities
• Conclusion
• Energy security in Northeast Asia
• Introduction
• Energy security challenges in Asia
• Russia’s Eastern energy export strategy
• Alternative LNG sources for Asia
• Conclusion