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 […]
Oil and Gas
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 […]
Chevron and ExxonMobil are two major American players on the global oil market. Previously, they seemed to compete with each other at every turn; however, this is no longer the case. Since Donald Trump moved into the Oval Office, Chevron and ExxonMobil have seemed increasingly to be working in unison. Promoters of American Energy Policy Both Chevron and ExxonMobil operate […]
The time for doubt has passed. A couple of years ago, international analysts predicted the impending departure of Russian oil companies from the European markets. Expectations were then replaced by confusion: why weren’t the Russians leaving? This question is in theory no longer current: it is obvious that the Russians are not leaving. On the contrary; […]
It seems that the Nord Stream 2 gas pipeline, which is being built on the bed of the Baltic Sea, will be finished at any cost,irrespective of the steps the US is taking on sanctions and possible difficulties for theoperating companythat are linked to this. Permission for laying the pipe has not yet been obtained […]
In the context of an increase in negative expectations of a serious crisis developing in the global financial market, ensuring energy security in socially and industrially key markets has become a question fundamental to preserving economic stability. These key markets now comprise East Asia, whose economic nucleus is China, and the European Union market. The […]
In giving up Russian gas for political reasons, Ukraine made the fatal error of not making contingency plans, and is now buying re-exported fuel from Europe at higher cost. Kiev tried to counteract this gross mistake with loud declarations that gas, including shale, would soon start to be extracted from its own deposits. According to […]
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 […]
When it was announced a few years ago that Europe would soon begin to receive gas from Mediterranean deposits, proponents of diversifying the energy sector rubbed their hands with glee. Plans for creating an effective competitive base to offset Gazprom’s virtual monopoly on European gas supply have long occupied the hearts and minds of those […]