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Analysis

As CO2 Emissions Prices Increase, Climate Issues Could Weigh on European Elections

Friday, April 12, 2019

As CO2 Emissions Prices Increase, Climate Issues Could Weigh on European Elections

The surge in the cost of CO2 emissions could affect the results of European Elections as a number of parties are opposing the environmental policy. As the Yellow Vest movement in France started due to a popular resentment on increased fuel taxes, this is not an idle threat for environmentally friendly policy.


Shell Starts Drilling for Oil and Gas in the Sea near Burgas

Thursday, March 28, 2019

Shell Starts Drilling for Oil and Gas in the Sea near Burgas

Three month exploration drill for oil and gas in the deep waters of the Black Sea near Burgas begins on 1 April 2019. Shell International Exploration & Development Italy SPA, reported on Tuesday to journalists. The company 50% of which is of Shell, 30 per cent of Australian Woods Energy, and the rest of the Spanish Repsol, which is studying another sea block in our country, but in the northern part of our territorial waters.


Future of Renewables in Croatia

Friday, March 8, 2019

Future of Renewables in Croatia

In December 2018 the Croatian Parliament adopted the amendments to the Renewables Act and the Government adopted two implementing regulations, which jointly apply as of 1 January 2019 (“2019 Amendments”).


Electrification Doesn't Make Sense Everywhere—Yet

Friday, February 22, 2019

Electrification Doesn't Make Sense Everywhere—Yet

Electrification is a key step to creating low-carbon cities. Replacing fossil fuel-powered vehicles, stoves, furnaces with electric alternatives reduces emissions and creates a host of other benefits. But not all cities are equally suitable for electrification. In some cases, electrification is impractical or can actually increase greenhouse gas emissions.

Future of LNG as Marine Fuel

Thursday, February 14, 2019

Future of LNG as Marine Fuel

The feature of liquid natural gas (LNG) that makes it stand apart from oil products is its lower carbon footprint. This aspect has become more important since the shipping industry, through the International Maritime Organization (IMO), has put limits on emissions-producing fuel to better control carbon releases.


The New Energy Transition Quest

Wednesday, February 6, 2019

The New Energy Transition Quest

The speed of the world’s energy transition has had a huge impact with far-reaching consequences, despite its many challenges. This transition has already allowed the opening up of markets in many countries to adapt to the changing energy industry. Nonetheless, this transformation’s key issue is how

US Natural Gas Liquids Production Forecast to Grow: EIA

Friday, February 1, 2019

US Natural Gas Liquids Production Forecast to Grow: EIA

Natural gas plant liquids (NGPL) production in the U.S. is forecast to continue growing between 2018 and 2050, the country's Energy Information Administration (EIA) said in a statement on Thursday.


Climate Negotiations: From Paris to Katowice and What Lies Ahead

Friday, January 18, 2019

Climate Negotiations: From Paris to Katowice and What Lies Ahead

Climate change is one of the key problems of the modern civilization, one that the international community has been trying to resolve for several decades. The United Nations Framework Convention on Climate Change defines the goal,


Asia, Africa, Middle East Drive Global Energy Growth

Friday, January 11, 2019

Asia, Africa, Middle East Drive Global Energy Growth

Asia, Africa and the Middle East drive nearly all energy consumption growth in the world, the U.S.' Energy Information Administration (EIA) said in a statement on Wednesday. Energy consumption in each region grew by around 20 percent between 2010 and 2016, the EIA said.

OPEC and Russia are Expected to Achieve Their Announced Production Cuts of 1.2 Million Barrels Per Day Early in 2019.

Friday, January 4, 2019

OPEC and Russia are Expected to Achieve Their Announced Production Cuts of 1.2 Million Barrels Per Day Early in 2019.

Oil prices are unlikely to rise significantly this year because of fears of an oil supply glut caused by over production and reduced oil demand due to a slowdown on global economic growth as well as doubts that an oil supply cut deal between the Organization of Petroleum Producing Countries (OPEC) and non-OPEC members reached in December will be implemented fully in early 2019.


OPEC Cuts Inadequate for Oil Market, Prices

Friday, December 14, 2018

OPEC Cuts Inadequate for Oil Market, Prices

Production cuts of the Organization of Petroleum Exporting Countries (OPEC) and its allies will be inadequate to push prices higher, which have only shown limited gains so far. The cartel and its allies, dubbed as OPEC+, announced on Dec. 7 that they would curb their production by a total of 1.2 million barrels per day (mbpd) from their October 2018 levels starting on Jan. 1, 2019 for six months.


Gulf Rift Hits OPEC With Qatar's Exit

Friday, December 7, 2018

Gulf Rift Hits OPEC With Qatar's Exit

The rift between the Gulf nations has hit the Organization of Petroleum Exporting Countries (OPEC) on Monday with Qatar's decision to leave the cartel after 57 years. The move could be a point-of-no-return in the medium-term for Qatar, given its strained relations with Saudi-led countries in the Middle East. The country could have burned all its bridges leaving it isolated in the Arab world in the long-run.

OPEC's Dilemma: Lose Market Share or Revenue

Friday, November 30, 2018

OPEC's Dilemma: Lose Market Share or Revenue

As crude prices fell to their lowest level over a year on Nov. 23, OPEC is facing another dilemma - a Deja Vu of the price slump in 2014, but this time the choice looks harder for the cartel that faces the full force of greater U.S. shale oil output.
The choice for the cartel is a difficult one when member states and other producers, including Russia, Kazakhstan and Mexico, also known as OPEC+, meet in Vienna on Dec. 6.


Hub-Based Pricing or Oil Indexation, Which to Choose?

Friday, November 16, 2018

Hub-Based Pricing or Oil Indexation, Which to Choose?

Two competing price mechanisms - oil indexation and hub-based pricing are contributors to shaping the global gas market. The debate over which indexation can better represent the fundamental values of the gas market continues to be a subject for discourse not only throughout academia but also among industry practitioners

Militarization of Mediterranean Rises With Exploration Disputes

Friday, November 9, 2018

Militarization of Mediterranean Rises With Exploration Disputes

Tensions are rising quickly in theeastern Mediterranean oversharinghydrocarbon reserves in the area. The latest developments signal increasing volatility. On Nov. 4, Turkish President Recep Tayyip Erdogan called certain foreign oil companies"bandits of the sea"and warned them against conducting exploration activities near Cyprus.Turkey controls the northern third of the divided island


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