Big Oil maintain output plans

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

Energy markets to remain unstable

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.

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Natgas market under the weather

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

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What is going on with Cyprus LNG?

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

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Low natural gas prices won’t last

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

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Energy crisis long afterburn

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

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