One of the most ambitious European energy projects, the $45 billion Southern Gas Corridor may be about to breathe its last, in spite of the ongoing effort to revive it. It has been beset by a disease that has been developing as quickly as a particularly pernicious tumor. While in spring, there was still hope […]
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, […]
After almost a year of suspense, the future of Romanian gas exports remains highly uncertain. Restrictive legislation adopted by the previous government in 2018 remains in force, while new steps to ease gas exports are proving incongruent with it. The Neptun Deep Standstill Perhaps most revealing is the lack of development in the Neptun Deep […]
The subject of conventional hydrocarbons, with a focus on crude oil prices, has been generating wild theories both in the expert community and the media. Although some of the speculation has been orchestrated, the main reason for this chaotic forecasting is that it is no longer possible to rely on the traditional system of trend […]
One of the most ambitious European energy projects, the $45 billion Southern Gas Corridor may be about to breathe its last, in spite of the ongoing effort to revive it. It has been beset by a disease that has been developing as quickly as a particularly pernicious tumor. While in spring, there was still hope […]
There was a time when everybody laughed at Nicola Tesla with his electrical motor because nobody could believe in energy without oil. But even back then, the great inventor knew that hydrocarbons would not be around forever. In 50 years’ time, the world may have used up its last drops of oil. This is a […]
The Arctic shelf: cold but not that cold Recent turmoil in international oil and gas markets combined with increasing environmental concerns has helped calm a fever over hydrocarbon development in the Arctic region. Nonetheless, these territories with fragile ecosystems and abundant natural resources attract major players. According to the US Geological Survey, the Artic shelf […]
Russian Gazprom to complete a successful import substitution Two years after the West imposed sanctions, they remain a controversial matter for the Russian economy. While some experts point out the threats of technological isolation, others claim import restrictions are a blessing for domestic industrial production. The oil and gas industry was hit the hardest. The […]
The “ready” button has been pushed on the German island of Rugen. The pipes for laying down the North Stream 2 gas pipeline have been unloaded on the coast, the contract has been signed with Wasco Coatings Europe BV for their ballast coating, storage and logistics, and the first phase of construction is even underway.
