Transatlantic trade disputes are moving to a new US-controlled rhythm and increasingly, the US is acting without consulting its European allies. Because of the EU’s deep and growing security dependence on the
Energy markets were quite volatile over the last few weeks, as the EU issued a new efficiency directive which sets 11.7% total energy consumption reduction target by 2030. This will put increased
Mild winter and a slow start to 2023 have eased energy prices in Europe, at least for now, with persisting tight oil and gas supplies. China’s economy is on the way to
International oil companies (IOCs) are maintaining their output plans, despite increasing demand and output of electric vehicles and emission targets that should match zero-carbon ambitions over the next two decades. ExxonMobil is
The Russia-Ukraine war continues to destabilise energy markets in 2023, as tight oil and gas supplies will persist and economic recovery, driven by China, leads to increased energy demand, impacting prices upwards.
The lack of new liquefaction capacity coming online in the US, combined with low additions globally in 2023, stands to pressure the gas market as it grapples with extreme volatility and persistently
Following a hard-hitting article in Phileleftheros on 5 January calling the project a ‘fiasco’, we had a flurry of announcements from the Ministry of Energy during the last few days. The good
The global energy crisis continues with no end as the Russia-Ukraine war moves into winter. In Europe, natural gas prices have come down for now, but oil prices are edging upwards. Gas
Europe’s energy crisis will not just be for this winter. Europe is expected to face similar problems next winter and probably beyond, driven by tight global gas supply and increasing competition for
The outlook for Europe’s economic growth continues to deteriorate with the combination of tightening monetary policy, high interest rates, high inflation, and concerns about the supply and cost of energy. At the
