February 18, 2015
Since the beginning of February, the price of Brent crude has gone up by nearly USD 10 per barrel. Analysts agree that the recent price hike was driven primarily by data published by Baker Hughes, a U.S. oilfield services company, reporting a massive fall in the onshore drilling rig count – down 259 in January.… » read more
Posted by adamczyzewski
February 10, 2015
The Energy Union is still very much like a yeti. Though no one has seen it yet, it is already feared. But this is to be expected considering that the concept was born out of concern for security in the face of the escalating military conflict in eastern Ukraine. Poland was first to suggest a… » read more
Posted by adamczyzewski
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Energy, EU Priorities 2020, Future EU, Global Europe, Trade & Industry, Uncategorized |
February 3, 2015
Low crude prices are now a fact and likely to remain so for the next few (or more) quarters. This is how long it will take the market to absorb the current supply glut and non-OPEC producers to cut output. The OPEC cartel has already made the decision to keep producing at current levels (at… » read more
Posted by adamczyzewski
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Energy, Future EU, Global Europe, Trade & Industry, Uncategorized |
Economics of the energy sector and the low-carbon economy, macroeconomics, innovations, oil&gas
