Greece has once again highlighted the practical and commercial limits of the European Union’s sanctions regime against Russian energy. As the world’s leading maritime nation, Athens successfully pressed for exemptions on restrictions targeting the shipping of Russian LNG to third countries in the latest (21st) sanctions package. Greek officials argued that broader bans would primarily […]
Continue Reading
Europe’s ongoing quest for energy security—diversifying away from Russian supplies amid geopolitical tensions—has spotlighted the Eastern Mediterranean as a promising alternative source of natural gas. At the heart of this potential lifeline lies Israel’s Leviathan gas field, one of the region’s largest offshore discoveries. While current exports primarily flow to neighboring Egypt and Jordan (with […]
Continue Reading
In the wake of escalating tensions in the Middle East, triggered by the U.S.-led military operation against Iran under President Trump, global energy markets are reeling from sharp price increases. European governments are scrambling to mitigate the inflationary pressures on energy and food, with measures like price caps and restrictions on fuel price fluctuations. The […]
Continue Reading
In a bold move amid escalating tensions in the Middle East, the Greek-operated oil tanker Shenlong successfully navigated the treacherous Strait of Hormuz, carrying approximately 1 million barrels of Saudi Arabian crude oil. This crossing, which occurred in recent days, marks one of the first major transits by a large commercial vessel since Iran issued […]
Continue ReadingWeekly Daily Standup Top Stories Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars October 26, 2024 Mariel Alumit Biden’s strong-arm tactics to force Americans to buy EVs have only stiffened consumer resolve not to purchase them. A strong case can be made that the worst thing that ever happened to the electric vehicle […] […]
Continue ReadingDaily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon fueled power in its grid. Unit 3 and Unit 4 at Plant Vogtle near Waynesboro, Georgia, have started commercial […] Shock Drop: […]
Continue Reading