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HomeEurope

Europe

Is Natural Gas About to Become a Buyer’s Market?
Energy Crisis

Europe Gas Storage Is 90% Full. It Still May Not Be Enough and at what cost

August 19, 2023 Mariel Alumit

Europe’s natural gas reserves are almost full, though that still may not be enough to see the region through winter. The continent’s storage levels hit 90.1% capacity on Aug. 16, according to the latest data […]

Europe
Imports

Limited Recovery in Europe’s Industrial Gas Demand

August 15, 2023 Mariel Alumit

Europe’s industrial gas consumers reversed some of their production curtailments in the second quarter of this year, but a significant recovery in industrial demand seems unlikely in the second half of the year as winter […]

Finance

Visualizing The $105 Trillion World Economy In One Chart

August 12, 2023 Mariel Alumit

By the end of 2023, the world economy is expected to have a gross domestic product (GDP) of $105 trillion, or $5 trillion higher than the year before, according to the latest International Monetary Fund […]

TotalEnergies
Exploration and Production

TotalEnergies, Baker Hughes, Technip Energies to develop renewable energy projects in Europe, Africa

August 4, 2023 Mariel Alumit

(WO) – TotalEnergies, Baker Hughes, Technip Energies, Azimut (through the fund Azimut ELTIF – Infrastructure & Real Assets ESG) and other investors have signed preliminary agreement to invest in Zhero Europe to develop large scale […]

Chinese
Finance

Europe faces Chinese cheap car ‘invasion’, Vauxhall owner warns

July 28, 2023 Mariel Alumit

Vauxhall owner Stellantis has warned of a coming “invasion” of cheap Chinese cars as it pressures its suppliers to cut costs to compete. The firm, which also owns Peugeot, Fiat and Jeep, will also use its […]

Europe
Energy Crisis

Europe’s Energy Crisis Isn’t Over, IEA Warns

July 20, 2023 Mariel Alumit

IEA: EU gas markets set for new period of volatility. Europe is now relying much on LNG imports, and a cold winter would relaunch the race with Asia to attract cargoes. Europe’s single biggest gas […]

energy
Exports

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda

July 19, 2023 Mariel Alumit

In the aftermath of the Ukraine crisis, the global energy crisis took the world by storm last year, reshaping the structure of natural gas markets and leaving profound implications in its wake for policymakers and […]

Gazprom
Energy Crisis

Gazprom Keeps Taps Open Despite Transit Threats

July 13, 2023 Mariel Alumit

One week after Gazprom’s latest threats to end the Ukrainian transit, gas continues to flow as usual, gas transmission data show. Gazprom CEO Alexei Miller raised the stakes in the gas transit dispute between Moscow and Kyiv […]

War
Crude Oil News

Energy Security: Always Fighting The Last War

July 12, 2023 Mariel Alumit

In 1986, my M.I.T. working paper “Fighting the Last War: Preparations for the Next Oil Crisis” I described various oil crises in the post-war era and how they each influenced the understanding of both what […]

Europe
Energy Crisis

COLUMN-High prices keep lid on Europe’s industrial gas use: Kemp

July 12, 2023 Mariel Alumit

LONDON, July 11 (Reuters) – Europe’s gas consumption has fallen by 10% to 15% compared with the decade before Russia’s invasion of Ukraine as high prices enforce sharp cuts, especially by energy-intensive industries. Total consumption in the […]

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