LNG for South Asia: too dear?
The LNG market last year was shaped by growing purchases in the EU and weaker demand in China, strangled by the country’s zero-COVID strategy. While the former ramped up imports from 75 to 95 million tonnes, the latter slashed them by nearly 20%, from 79 to 63 million tonnes, having lost its leadership as the world’s top LNG importer.
22.02.2023
Time to dip into Big Oil’s coffers
Just a quick glance at the financial results of the five oil giants will be enough to realize that last year’s energy crisis, which is still reverberating across global markets, has been a bonanza for them.
17.02.2023
The PGM market: moving on to a new stage?
E-mobility continues to gain momentum worldwide, spurred by stricter environmental regulations affecting motorists and automakers alike.
10.02.2023
Natural gas: Europe at a crossroads
Though in December growth in energy prices in Europe decelerated to 25.5% YoY, the lowest rate in 2022, local consumers remain under immense pressure and are scrambling for ways to cut their energy use. In this race for energy savings, 76% of households have turned down their indoor temperature, which fell by almost 1 degree Celsius on average in November and December.
03.02.2023
Oil product market: changes are coming
The price cap on Russian oil introduced by the G7 economies, the European Union and Australia came into effect on 5 December 2022, simultaneously with the EU embargo of seaborne imports of Russian crude. Since then, Urals has been trading at an average of $55 per barrel, with its discount to the North Sea benchmark being slightly less than 35%.
24.01.2023
Russia and CIS oil and gas quarterly review. February 2023
We are glad to present a new issue of the Russia and CIS Oil and Gas Quarterly Review, prepared by the B1 Moscow Energy Center.
Russia and CIS oil and gas quarterly review. October 2022
We are glad to present a new issue of the Russia and CIS Oil and Gas Quarterly Review, prepared by the B1 Moscow Energy Center.