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Germany’s gas levy development
As Russian gas flows have been systematically reduced, German buyers holding Russian contracts have had no choice but to purchase from the open mar...
EU sanctions support European refining margins
Exports of crude oil from Russia are continuing although they are being increasingly diverted to Asia, primarily India. Distillate exports to Europ...
Europe gas 2021 in review: how the energy crisis started
In 2021, a series of developments shook up the gas market and led to record global gas prices. The eye of this global storm centred around European...
Changes in LNG seasonality: the growing impact of weather
The LNG supply profile is changing. The gas liquefaction process is sensitive to temperature and the greater geographic spread of new LNG projects ...
Canadian wildfires weaken natural gas demand but mask strengthening market fundamentals
We estimate 1.1 million b/d crude oil production has been shut-in so far, taking away 1 bcfd of gas demand along with it for a few days in May. How...
Carbon capture and storage: An oil market perspective
Carbon emissions pose a risk to future liquids production as there is increasing shareholder pressure on the oil industry to meet the Paris Agreeme...
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