February 16, 2016
In my previous two blog entries, I tried to explain why oil companies have developed the ability to view oil prices through the lens of supply and demand changes in the long-time horizon of up to several decades, and why they interpret current market developments from that perspective. As Bob Dudley, the CEO of BP,… » read more
Posted by adamczyzewski
February 5, 2016
It is a truth universally acknowledged that the future cannot be accurately predicted, and the same applies to oil prices. In the latter case, however, it is possible to consider alternative scenarios pertaining to certain fundamental factors which, while rather inert in a short-time horizon, can be shaped in the long term. These scenarios may… » read more
Posted by adamczyzewski
March 25, 2015
An innovation is a newly-invented product (service or technology) which has been successful on the market. When the first tablet came out, I was sceptical. How could it be better than a laptop computer? Being half the weight and offering twice the battery life surely did not make up for the missing keyboard and USB… » read more
Posted by adamczyzewski
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Future EU, Innovation & Enterprise, EU Priorities 2020, Global Europe, Uncategorized |
On February 28th 2015, I attended a very interesting event – the Polish Economic Forum. Held at the London School of Economics, the conference had been organised by Polish students of the LSE SU Polish Business Society, whose organising skills – in addition to the accompanying attractions – made the Forum a truly spectacular event.… » read more
Posted by adamczyzewski
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Energy, Future EU, Global Europe, Regional Policy, Trade & Industry, Uncategorized |
March 6, 2015
Being a hot topic of discussion, innovations seem to be everywhere. But when we try to take a closer look, they are like Winnie-the-Pooh’s best friend: ‘the more he looked inside the more Piglet wasn’t there’. Why don’t we have technological innovations in Poland despite the abundance of innovative ideas, start-up companies and support programmes… » read more
Posted by adamczyzewski
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 |
December 1, 2014
The London petroleum exchange saw the price of Brent crude slide to just under USD 70 per barrel today. What is more, after last week’s decision by OPEC, there is no indication that the downward trend will reverse any time soon. Oil prices are at their lowest since 2008. Although I explained the reasons behind… » read more
Posted by adamczyzewski
November 26, 2014
A conference commemorating 25 years of Poland’s political transformation was held at the Warsaw School of Economics on November 19th 2014. Interested in what conclusions can be drawn from past events and how these can be used to shape the future, I decided to participate. The programme of the conference was a particular attraction, featuring… » read more
Posted by adamczyzewski
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Development Policy, Future EU, Regional Policy, Trade & Industry, Uncategorized |
Economics of the energy sector and the low-carbon economy, macroeconomics, innovations, oil&gas
