Friday, July 22, 2022
By Mark Flanagan, Alfred Kammer, Andrea Pescatori and Martin Stuermer
The partial shutoff of gas deliveries is already affecting European growth, and a full shutdown could be substantially more severe
Friday, July 15, 2022
by Klaas Lenaerts, Simone Tagliapietra, Georg Zachmann*
At the 26-28 June G7 summit in Bavaria, leaders said they would consider a price cap on Russian oil, to cut Putin’s oil rent while minimising the negative impacts on the global economy. This blog post discusses this proposal and how it might work, notably to help understand whether this could improve the current western embargo regime
Saturday, July 9, 2022
by Stephen Jones and Bruce Fulin
US crude production recently surpassed 12 million b/d, a level not seen since the peak in output of 12.8 million b/d just prior to Covid in early 2020
Thursday, June 30, 2022
by Walburga Hemetsberger, CEO, SOLARPOWER Europe*
For centuries, cultures in Europe have marked their calendars to celebrate Midsummer and the Summer Solstice. Traditionally a time to enjoy bright evenings, and the light and hope of the sun, the Summer Solstice falls on June 21
Wednesday, June 15, 2022
by Ryan Kennedy and Tim Sylvia*
On June 5, the Biden administration announced a 24-month tariff exemption on solar modules manufactured in Cambodia, Malaysia, Thailand and Vietnam.
Thursday, May 19, 2022
by City A.M*
Russia is warning the EU that it will send oil supplies to other countries if the bloc enacts an oil embargo. Russia, however, may struggle to find buyers, even with significant discounts. If Moscow can’t find buyers, it could remove a massive supply of oil from the market, raising prices even higher.
Wednesday, April 27, 2022
by Alexandra Brzozowski, Oliver Noyan and Vlad Makszimov
The two main opponents to a ban on Russian oil imports, Germany and Hungary, have softened their opposition to the move. EURACTIV looks at the options on the table and the state of play
Wednesday, April 6, 2022
by Kate Abnett*
The European Commission has proposed a ban on Russian coal imports as part of a sweeping new package of sanctions on Moscow, and EU officials say oil could be next. The coal ban, if approved by member states, would be the European Union’s first on any energy import from Russia since it invaded Ukraine on Feb. 24
Monday, March 28, 2022
Bulgarian Prime Minister Kiril Petkov appeared anxious during an inspection with Greek Energy Minister Konstantinos Skrekas at the construction site of the Greek section of the Interconnector Greece-Bulgaria pipeline in Komotini, northern Greece, on Monday. Premier Kyriakos Mitsotakis had been due to accompany his Bulgarian counterpart to the site but was unable to as he remained in isolation after testing positive for Covid-19. During his visit, Petkov did not fail to criticize Greece for the delays in the completion of the project within its territory.
Monday, March 21, 2022
The war in Ukraine has upended Europe’s energy security. Continuing to rely on Russian energy is no longer tolerable, even if the relationship cannot be severed overnight. As Europe looks for alternative suppliers, the Eastern Mediterranean is acquiring a new strategic significance. In times of crisis, proposals that have been stuck for years can suddenly proceed quickly. Could something similar happen now?
Tuesday, February 8, 2022
Earlier this month, the United States surprised Greece and its two primary partners in the Eastern Mediterranean Gas Forum, Israel and Cyprus, by withdrawing its backing for a natural gas pipeline that would have connected them to Europe. The American change of heart was ostensibly justified by the need to focus on clean energy sources and that this project did not align with Europe’s green energy plans.
Thursday, February 3, 2022
As we know, European gas markets have experienced a perfect storm where price, security of supply and environmental benefits all went haywire: The price of gas skyrocketed by hundreds of percent, security of supply fell as Asia grabbed every molecule of methane it could get its hand on, and Europe was left with a dearth of gas supplies and near-empty storage, meaning coal consumption in 2021 reached an all-time global peak.
Friday, January 28, 2022
by Ellie Holbrook*
Europe does not have enough LNG import capacity to entirely replace Russian pipeline gas supplies, should these halt or be hit by international sanctions in the event of a conflict between Russia and Ukraine
Wednesday, January 19, 2022
by Norazlina Jumaat
Gas demand to grow at slower pace
Add up to 21.5 mil mt/year new LNG terminal capacity in 2022
Price pressures to curb downstream demand, LNG spot volumes
Wednesday, January 12, 2022
by Felicia Jackson*
The EU’s Sustainable Taxonomy was intended to complement the Green Deal, provide investors with certainty about the sustainability of their investments, and help channel billions into sustainable, low-carbon processes and technologies. Despite input from experts and NGOs, the inclusion of gas and nuclear power just proposed by the Commission suggests that, once again, politics is trumping science.
Wednesday, January 5, 2022
by Alex Kimani*
Beginning in 2020 and extending into 2021, massive monetary and fiscal stimulus packages by the world's governments helped to facilitate the fastest economic recovery after the March deep slide. With factories humming again and consumers flush with cash, a broad commodity rally sputtered into life thanks to the so-called reflation trade
Thursday, December 30, 2021
by Carolyn Davis*
Stronger commodity prices and rising natural gas and oil production improved the bottom line for global producers during the third quarter, the Energy Information Administration (EIA) said
Friday, December 17, 2021
by Tom Sanzillo*
ExxonMobil’s lagging performance points to need for new leadership, new direction
Friday, November 19, 2021
by Sergio Matalucci*
This week, Russia joined forces with the United Arab Emirates to develop common hydrogen projects and similar moves were made by Chile and South Korea, Japan and Australia, as well as by France and Germany. French President Emmanuel Macron announced €2 billion in new investments
Thursday, November 11, 2021
by Irina Slav*
• The EU and Asia have seen gas prices spike amid strong demand and low inventories
• That the United States is one of the world’s top producers of natural gas is what sets it apart from both Europe and Asia
More
