A new serious player is set to appear on the European commodity market in the near future: chemical giant BASF is merging its Wintershall oil and gas subsidiary with oil company DEA. The transaction will probably be closed in the first half of 2019.
Monthly Archive: February 2019
The key players in the global gas market are facing the need for a serious review of medium-term and potentially also long-term plans connected to EU energy security, which are based on the possibility of creating a situation at least partly managed from Brussels, of competition between Russia, the US, and Iran for the right […]
Most energy experts are calling 2019 a critical year for Ukraine. If there is no miracle and the good European fairy does not wave her magic financial wand and shower Kiev with gold in the next few months, the rusty pipes of the old Ukrainian gas pipelines will remain useless scrap metal, spoiling the country’s […]
“Whatever’s bad for our Eastern neighbour is good for us!” It looks as though in Warsaw today, the Poles are happy to base their entire national well-being on this slogan. But history has demonstrated many times that mottos and vivid politically-based slogans like this bear no relation to real economic achievements. One exception, perhaps, is […]
It is worth considering the projects linked to exploiting eastern Mediterranean gas reserves in the wider context of competition for dominance of the European gas market. This competition is multifaceted and features attempts at widescale manipulation of information, even by experts; this is aimed not so much at ensuring the projects are implemented as at […]
The point of no return has been reached: on January 25, a government-appointed commission reached an agreement to shut down all of Germany’s coal-fired power plants by 2038 at the latest. Since 2011, Germany has also been heading towards the denuclearization of its energy sector, which should be completed in 2022. This strong push towards greener energy sets an example for other countries, […]