Gas

ACCORDING TO THE IEA, GLOBAL DEMAND FOR OIL, GAS, AND COAL WILL REACH ITS PEAK BY 2030 

Glances /

According to the International Energy Agency, the world’s demand for fossil fuels will peak by 2030 as more electric cars are introduced to the road and China’s economy changes to greener energy sources. This undermines the case for increased investment.  The Organization of the Petroleum Exporting Countries, which represents oil producers, believes that oil demand […]

ACCORDING TO THE IEA, GLOBAL DEMAND FOR OIL, GAS, AND COAL WILL REACH ITS PEAK BY 2030  Read More »

UKRAINE HAS AMBITIONS TO BECOME EU’S NEW ENERGY HUB 

Glances /

The CEO of the largest energy company in the nation stated that while rebuilding Ukraine’s damaged energy infrastructure will cost billions of dollars, doing so will help the EU finish its transition away from Russian energy. Oleksiy Chernyshov, the chief executive officer of national oil and gas company Naftogaz, told POLITICO that rebuilding Ukraine should

UKRAINE HAS AMBITIONS TO BECOME EU’S NEW ENERGY HUB  Read More »

HOW CROATIA HAS BEEN ESTABLISHING ITSELF AS THE REGION’S ENERGY POWERHOUSE RECENTLY   

Insights /

The Croatian government has committed 180 million euros to constructing a new gas pipeline and increasing the capacity of the LNG terminal on the island of Krk by the summer of 2022. In an effort to improve its gas supply, Croatia is increasing its LNG capacity. In January 2021, the island in the northern Adriatic

HOW CROATIA HAS BEEN ESTABLISHING ITSELF AS THE REGION’S ENERGY POWERHOUSE RECENTLY    Read More »

SPAIN URGES LNG IMPORTERS TO DIVERSIFY AWAY FROM RUSSIAN SUPPLIES 

Glances /

Spain, the largest European consumer of Russian liquefied natural gas, is pleading with importers not to enter into new agreements with Moscow in an effort to reduce funding for the Kremlin’s military industrial complex.  According to those with knowledge of the situation, the government sent a letter to Spain’s LNG importers requesting that businesses decline

SPAIN URGES LNG IMPORTERS TO DIVERSIFY AWAY FROM RUSSIAN SUPPLIES  Read More »

GERMANY AND OMAN IN ADVANCED NEGOTIATIONS FOR NATURAL GAS SUPPLIES 

Glances /

According to knowledgeable sources who spoke with Reuters, Oman and Germany are in advanced talks to sign a long-term LNG supply agreement that would see the Gulf state furnish Berlin with 500,000 to one million tons annually. RWE, a German energy conglomerate, and the Berlin-nationalized energy companies Uniper and Sefe are apparently involved in the

GERMANY AND OMAN IN ADVANCED NEGOTIATIONS FOR NATURAL GAS SUPPLIES  Read More »

DUE TO A SHORTAGE OF GAS AND ELECTRICITY, SERBIA WILL LIKELY JOIN EU SANCTIONS ON RUSSIA 

Glances /

Serbia and Azerbaijan signed bilateral memorandums of understanding last month to deepen and enhance earlier this year’s gas and power deals, as well as to expand their cooperation in the energy sector. The agreements may appear to be of secondary importance to current geopolitics at first look, but they could have significant ramifications for the

DUE TO A SHORTAGE OF GAS AND ELECTRICITY, SERBIA WILL LIKELY JOIN EU SANCTIONS ON RUSSIA  Read More »

GERMANY OPENS THE FIRST LNG TERMINAL IT HAS CONSTRUCTED IN UNDER A YEAR 

Glances /

Germany’s alternative infrastructure to import liquefied natural gas (LNG) is operational, ushering in a new era in German energy policy in the absence of cheap Russian gas. The political elite of Germany were present, clothed in high-vis jackets, on a foggy and cloudy day in the North Sea port of Wilhelmshaven to marvel at a

GERMANY OPENS THE FIRST LNG TERMINAL IT HAS CONSTRUCTED IN UNDER A YEAR  Read More »

THE EU IS LOSING ITS GRIP ON CLIMATE GOALS: GREENWASHING IN THE EU TAXONOMY 

Insights /

On 6 July 2022, members of the European Parliament voted to back the European Commission’s new taxonomy proposal, which gave approval to start considering fossil gas and nuclear as “green” energy resources and activities. This means that fossil gas and nuclear investments will be considered green by the European Union as of 1 January 2023.   The EU

THE EU IS LOSING ITS GRIP ON CLIMATE GOALS: GREENWASHING IN THE EU TAXONOMY  Read More »

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