Production Freeze: Reality Check The continued fall in oil prices have weighed heavily on the revenues of major oil producing countries such as Saudi Arabia and Russia, impacting their economic and social liabilities. The deal between Saudi Arabia, Russia, Venezuela and Qatar to freeze oil output to January levels is the most promising attempt to address the supply-demand imbalance on a global scale. This report outlines the likely impact of such a deal and the possible ramifications to the crude market.

Greece Reality Check - Q1 2016 We are happy to share with you the Q1 2016 version of our market intelligence service titled "GEF Reality Check".

Eastern Mediterranean gas: The Energy Union’s next frontier Discoveries of natural gas onshore Israel and Cyprus between 2009 and 2011 unveiled the Eastern Mediterranean (1) as a new frontier for the development of gas resources. Indeed, the US Geological Survey (USGS) released a study in 2010 suggesting that the Levant Basin contains an estimated 122 trillion cubic feet (2) of undiscovered, technically recoverable natural gas. Almost six years on, the prophesised East Med gas bonanza has yet to bear fruit. There is a myriad of reasons why, including:...

Energy Security Package: Natural Gas Markets in Focus Last week the European Commission’s proposal of the Energy Security Package was presented at the European Council in the framework of the co-decision procedure involving the EC and the European Parliament.

OPEC Oil Flows - February 2016 OPEC’s February exports stood at 24 million bpd according to our analysis of vessel flows, in line with January’s total. Several Gulf producers saw falling output and exports as technical issues and field maintenance impacted production, although Latin American and West African members offset the decline in exports. With some members committed to the production freeze agreement, overall OPEC output is reported to have reduced during the month despite Iran continuing to increase its production...

Is Greece now open for business? Greece has featured heavily in economic headlines in recent times, sadly for all the wrong reasons - a deep recession (GDP down 25% over the last six years), heavy unemployment (28%, while youth unemployment is almost 50%) and unsustainable public sector debt (180% of GDP). Moreover, there was even talk about a possible exit from the Eurozone and even the EU.

Μαθήματα επενδύσεων στις ναυτιλιακές για αρχάριους Με το σημερινό άρθρο ξεκινάει μια σειρά άρθρων όπου θα εξετάσουμε από κοντά το ναυτιλιακό κλάδο και τα επιμέρους συστατικά του. Θα μιλήσουμε για τα κυρίως είδη πλοίων και τις ναυτιλιακές αγορές.

Γιατί πρέπει να φτάσει το αμερικανικό LNG στην Ελλάδα Μερικοί προσπαθούν να απαντήσουν στο παραπάνω ερώτημα απλά με όρους γεωπολιτικής. Κάποιοι άλλοι εξετάζοντας επιφανειακά και μονοσήμαντα την παράμετρο της σημερινής τιμής πώλησης και όχι της πραγματικής και διαχρονικής αξίας του αμερικανικού υγροποιημένου φυσικού αερίου (LNG). Αντιθέτως, η ορθή αξιολόγηση αυτής της στρατηγικής επιλογής για τη χώρα μας απαιτεί τη θεώρηση ενός ευρέος φάσματος συγκριτικών πλεονεκτημάτων που αυτή προσφέρει. Στο παρόν άρθρο θα προσπαθήσω να εξηγήσω γιατί η Ελλάδα...

Interview with Spencer Dale: Long-Term Outlook for the Industry: Thinking Beyond Current Market Uncertainty BP’s Chief Economist Spencer Dale discusses global oil markets, the future of LNG in Europe, EU’s energy security and decarbonisation challenges with EER’s Chief Analyst Daria Nochevnik in an exclusive interview.