A spectre is haunting Europe — deindustrialisation. A combination of record interest rates, slowing global demand, massive Chinese and US industrial subsidies, and, most importantly, high energy prices are laying waste to Europe’s industrial […]
Atlantic spot liquefied natural gas (LNG) freight rates increased this week, while Pacific rates dropped compared to the week before. European prices increased for the fourth week in a row. Last week, spot LNG shipping […]
Whatever one thinks about its causes, course, and consequences, the war in Ukraine rages on. That unavoidable fact has brought many in Europe to something of an epiphany. In late February, at a summit of […]
Europe is on track to end the winter with a record volume of gas in storage, which has pushed futures prices back to pre-crisis levels once inflation is taken into account. The supply picture […]
The EU is considering defining post-consumer plastic waste as “plastic waste placed on the market of a Member State or a third country” – a definition which could threaten the entire recycling industry in […]
Europe’s heat pump industry is flagging and has been forced to cut, or temporarily freeze, 3,000 jobs following investments into production capacity that overshot demand growth. “In 2023, we saw sales fall for the first […]
LONDON, Feb 23 (Reuters) – Red Sea shipping delays and OPEC+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil […]
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Are you wondering how we got to this global catastrophic cesspool? There are Seven Ps that have been attacked in the United States. Understanding energy and the Seven Ps will help get us through this […]
Europe’s demand for gas is driving $223 billion in new investment to produce the fuel globally during the next decade, according to a new study that casts a spotlight on the region’s broad carbon footprint […]
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