In order to control the specifics of supplies, the European Commission initially tried to obtain a mandate from EU countries for negotiations with Russia on the conditions for building the gas pipeline – but without success. According to EU legislation, these decisions remain with member countries and Brussels only has a consultative voice in this […]
Earlier this year the US energy major Exxon Mobil officially announced its intention to sell its 50% share in the Neptun Deep offshore project located on the Romanian Black Sea shelf. Although rumours of a sale had circulated since November 2019, no serious buyer has yet come forward. And here is why. Export issue still […]
Spot prices for gas in Europe reached a historical high on 21 December 2021, exceeding $2,000 per thousand cubic metres of gas for the first time. By the end of January 2022, the price of gas had experienced a double downward correction. The situation in the European gas market remains complex however. According to Emily […]
The European Union’s new Arctic strategy, published in October 2021, contains the statement that “the EU is committed to ensuring that oil, coal and gas stay in the ground, including in Arctic regions.” In order to achieve this goal, Brussels intends to secure the introduction of a ban on developing new oil, gas and coal […]
This winter, soaring energy prices have aggravated the economic burden for European businesses and residential customers alike. While solar and wind plants are falling short of satisfying energy needs, another factor has proved to be a shortage of reserves of natural gas and other fuels. Hydrogen could become an alternative major source of green power. […]
Groningen is one of the largest gas fields in the world, and was a source of prosperity for the Netherlands for over half a century. For several years now, however, it has been nothing but a serious headache for the Dutch government. Coronavirus and failures in energy transformation could hinder the field’s decommissioning. Why the […]
It is entirely mistaken to call the present situation a “European gas crisis.” Its significance goes far beyond simply the problems in regulating the gas market. What we are seeing is a full-scale energy crisis, which in fact has wider potential: all segments of European energy have structural problems. The gas power sector has simply […]
2021 has seen issues relating to the environment becoming a key topic throughout the world, perhaps even displacing coronavirus, which has been the dominant theme of the last two years. In the context of an unusually cold winter and a hot, dry summer, which brought disaster and destruction in their wake virtually everywhere in the […]
The environment was a crucial theme in Germany’s 2021 election campaign and predictably, the Greens want to make it central to the coalition agreement. What exactly the country’s new energy policy will look like, taking into account the country’s accelerated switch from coal power is however as yet unclear even to ministers themselves. It is […]
The construction of the International Thermonuclear Experimental Reactor (ITER), one of the most large-scale international energy projects, was launched in Provence over thirty
The gradual emergence of key advanced economies from the stagnation of the pandemic is understandably increasing forecasts for energy consumption,
In 2020, Turkey’s President Erdoğan triumphantly announced the discovery of the “huge” new Sakarya field in the Black Sea, which was one of the largest finds in the world last
Whenever the Baltic Pipe project is mentioned, it is accompanied by the adjective “strategic”, to convey its importance. The project is a crucial part of extensive Polish ambitions
Dobrodošli na Otok Krk! (Welcome to Krk!) Krk, the largest island in Croatia and the Adriatic has long attracted tourists with its favourable climate and wealth of monuments
