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 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
according to Ashgabat and Baku, the final impediment to building the Trans-Caspian Gas Pipeline (TGP) – something Turkmenistan has been trying to achieve for over twenty
In order to protect the climate, Germany is entirely abandoning nuclear energy by 2022 and then, by 2038, coal-fired energy. Berlin regards hydrogen and all that is connected to it as a central element of the decarbonization process. A strategy reflecting this was approved and adopted by Chancellor Angela Merkel’s government last year. Energy Brief […]
German politicians’ faint hopes that the administration of new US president Joe Biden would replace wrath with favour have been dashed by an icy Transatlantic reality. Washington continues to take an intransigent stance and threaten European participants in the project with sanctions. But Berlin is still trying to withstand the pressure and save face, by […]
Lithuania’s energy ministry is making desperate attempts to free itself from the shackles of a contract it signed with Norwegian concern Equinor (formerly Statoil), which is disadvantageous in the extreme for Vilnius. The contract stipulates that Equinor will supply of four shipments per year of liquefied natural gas (LNG) at a price significantly exceeding the […]
2020 was a bad year for most businesses, and for offshore gas projects in Romania especially. Almost a year and a half after Exxon Mobil announced its intention to sell its 50% share in the Neptun Deep offshore project on Romania’s Black Sea shelf, a buyer has yet to be found. And despite the government’s […]
The question of guaranteeing Europe’s energy security through commercially profitable projects is a cornerstone to understanding the future configuration of the global energy market. This situation is creating new interest in even those energy programmes that cannot be viewed as economically sound. This in fact demonstrates that the global economy is preparing to emerge from […]
The Polish geopolitical “Intermarium” project, known as the Three Seas Initiative (TSI) has been on the agenda for five years now and continues to periodically create powerful surges of information. However, Warsaw’s political – or rather propaganda – successes are proving to be substantially more modest than its economic ones. The dialogue that took place […]
