The Energy Price Crises: A Reality Check for Europe’s Green Deal
On its path to carbon neutrality, the European Union (EU) will be exposed to growing energy price volatility and vulnerable to Russian and Chinese pressure on supply and demand.
Mexico’s Energy Policies During the Presidency of Andrés Manuel López Obrador: Sovereignty and Security
In power for three years, President López Obrador leads a National Revolution. The energy sector sees the strengthening of the State and state-owned companies, the Federal Electricity Company and Petróleos Mexicanos, against the liberalization principles implemented in the Energy Reform (2013-2014).
Is the TEN-E Regulation Fit for a Decarbonized Future? A Battle to Shape the European Energy Transition
The European Union’s energy infrastructure policy has become obsolete with the adoption of both the Green Deal and the 2050 climate neutrality target. The ongoing review of the regulation on Trans-European Energy Networks (TEN-E) should lead to an-depth discussion on Europe’s energy transition strategy.
Turkey’s New Gas Discovery in the Black Sea and Its Potential Implications
Turkish President Recep Tayyip Erdogan announced Turkey’s biggest gas discovery ever on August 21, 2020. Initial findings show that the estimated reserve capacity is 320 billion cubic meters (bcm) of gas.
Mozambique: Security, Political and Geopolitical Challenges of the Gas Boom
The vast gas discoveries in Mozambique, some 160 trillion cubic feet (4,530 billion cubic meters), will make this very poor country (6th lowest gross national income (GNI) per capita – the lowest in Africa) one of the world’s future major producers of liquefied natural gas (LNG) within two decades.
Russia’s Energy Strategy-2035: Struggling to Remain Relevant
Russia’s Energy Strategy to 2035 (ES-2035) enters, finally, the home stretch. The Ministry of Energy submitted its version of the document to the Russian Government in early October 2019.
China’s Quest for Gas Supply Security: The Global Implications
The major transformations that are occurring on the Chinese gas market have profound repercussions on the global gas and LNG markets, especially on trade, investment and prices. In just two years, China has become the world’s first gas importer and is on track to become the largest importer of Liquefied natural gas (LNG).
Russia-Ukraine Gas Relations: The Mother of All Crises or a New Start to 2030?
Ten years after the January 2009 gas crisis, Russian-Ukrainian gas relations are at another turning point: the then concluded contracts are terminating on 31 December 2019. While trilateral talks brokered by the European Commission (EC) have started in July 2018, the real negotiations about the future of this relationship can be expected to start no earlier than in December, that is in the midst of the winter and a second to midnight. Crucial months lie ahead.
The Trump-led Trade War with China: Energy Dominance Self-destructed?
Under particular US legal rationale, such as calling foreign imports a “national security threat”, President Donald Trump has started imposing tariffs and/or quotas and has launched national security investigations on a growing number of imported goods from US allies and others alike.
L’Égypte, nouvelle plateforme gazière en Méditerranée orientale
Recent offshore gas discoveries in the Eastern Mediterranean, primarily in Egypt as well as in Israel, but also around Cyprus, are dramatically changing these countries' energy perspectives and economies, and also influence geopolitical balances in the region.
How is Russia Adapting to a Threatening New Energy World?
The US shale gas revolution has shaken global gas markets. The US is on the eve of becoming self-sufficient in natural gas (and oil), thanks to the massive discoveries of unconventional resources on their territory, while being able to export part of their production. These developments have been closely watched by traditional oil and gas producers.
The U.S. Oil and Gas Boom
A funny thing happened in the last few years when no one was paying attention. J.R. Ewing, the legendary Texas oilman, and his wife Sue Ellen sold Southfork, their ranch near Dallas, and moved to a new home in Pennsylvania (Northfork?). JR immediately began buying subsurface mineral rights for acres of land above the Marcellus and Utica shale formations in the Appalachian Basin. Cliff Barnes, J.R.'s nemesis, sold all his Texas properties and moved to North Dakota, where he started leasing mineral rights to acreage above the Bakken shale play.
Powering Kuwait into the 21st Century: Alternatives for Power Generation
Kuwait is facing a surge in the consumption of power. The current power fuel mix, based on oil, appears unsustainable. Yet Kuwait has a large number of assets.
Gas Routes to Europe: Real Needs and Political Jockeying
The Energy Roadmap 2050 released by the Commission in December 2011 says it all: we will need more gas until 2030. Gas represents the default solution for a transition to an energy system with less GHG emissions. It also has great value as a back-up for intermittent renewable power generation. Therefore, stating that Europe still needs large quantities of gas means checking if supply volumes are available to satisfy growing demand.
February Gas Pains in Europe - Coping Is Not Managing: the Italian Response to the Gas Crisis
The recent cold spell that gripped much of Europe was a test for the European gas network. In many countries temperatures fell dramatically to -10°C during the first week of February, even dropping a bone chilling - 22°C in some places.
As the European Commission(s Director General for Energy Philippe Lowe said during a speech at our Annual Conference last Thursday (February 16) in Brussels, Europe(s gas network was able to respond to the sharp increase in demand despite a simultaneous drop in supply from Gazprom.
Libya: Old or New Picture? Risks of political uncertainty for the gas and oil business
Libya has an opportunity to get back on track. The end of embargoes and sanctions after the conclusion of the “February Revolution” is favoring a fast production growth.
The U.S. Oil and Gas Boom
A funny thing happened in the last few years when no one was paying attention. J.R. Ewing, the legendary Texas oilman, and his wife Sue Ellen sold Southfork, their ranch near Dallas, and moved to a new home in Pennsylvania (Northfork?). JR immediately began buying subsurface mineral rights for acres of land above the Marcellus and Utica shale formations in the Appalachian Basin.
Gas Exports in Turkmenistan
The Caspian region has been at the center of attention since Europe began seeking alternative routes to natural-gas resources. Turkmenistan has the potential to become an important gas exporter to Europe.
Russian Gas: Reminder of Yesterday Presaging Tomorrow?
One can’t help but be struck by the irony earlier this week of Russian President (ad-interim) Medvedev celebrating the landing of gas in Lubmin Germany from the Nordstream gas pipeline from Russia while Former President and President-in-waiting Putin welcomes Chinese Premier Wen Jiabao to seek a deal to send Russian gas east to Chinese markets.
Gazprom and the EU: Raiding the Gas Companies
It was a matter of time before the Commission competition authorities looked into the business arrangements between Gazprom and its European partners. Some would ask why it took so long.
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