Search results

Gas markets

8/3/2023 News

European gas demand sees steepest drop in recorded history

Unprecedented price rises following Russia’s incursion into Ukraine led to a 13% reduction in Europe’s gas demand in 2022 as governments responded swiftly with emergency policies, industry scaled back production and consumers dialled down thermostats, according to the International Energy Agency’s (IEA) latest Gas Market Report.

Energy markets

Picture of lightbulb with green leaf inside

19/10/2022 News

Balancing the fight against climate change with energy security

A balance must be found between two equally important imperatives: security of affordable energy supply and the fight against climate change, according to a recent report from Capgemini.

Offshore wind

13/11/2024 News

Swedish government rejects 13 offshore wind projects over defense concerns

In an unexpected move, the Swedish government has rejected applications for 13 offshore wind power projects in the Baltic Sea, citing defense concerns. The controversial decision halts projects totalling nearly 32 GW of potential installed power, equivalent to approximately 140 TWh of annual electricity production. Critics regard the announcement as a massive setback for renewable energy in the country, despite the government approving the Poseiden floating offshore wind project.

Gas

4/5/2022 News

Gas price volatility rises after Russia halts gas exports to Poland and Bulgaria

Russian gas giant Gazprom last week confirmed a halt in gas exports to Poland and Bulgaria over the two countries refusal to pay for supplies in Rubles. European gas prices reacted with renewed volatility, surging to nearly $40/mn Btu at the time. The total impact on European and global markets will be muted for now, but the situation could escalate quickly if other large countries or individual buyers are cut off from Russian supplies, and in the case of further sanctions related to Russian gas imports from the European Union (EU), writes Nikoline Bromander, Analyst – Gas and LNG, Rystad Energy.

Geopolitics

Graphic of Ukraine flag to left and Russian flag to right

2/3/2022 News

Analysts’ reaction to Russian invasion of Ukraine

Market analysts point out that about a third of Russian gas supplies go to Europe, usually via a pipeline crossing the Ukraine. So there’s plenty of cause for concern and trepidation as the Russia-Ukraine situation escalates, and the world waits to see whether sanctions will bite or Russia will be tempted to staunch the flow of Russian oil and gas.

Geopolitics

Head and shoulders photo of Andy Brown standing behind a lecturn, speaking to conference delgates

1/4/2026 Comment / Andy Brown

Letter from Texas

At S&P’s mid-March CERAWeek conference in Houston, Texas, US, the talk was of oil and gas at all costs. Energy Institute (EI) President Andy Brown OBE FEI was there.

Net zero / decarbonisation / energy transition

Artist's graphic of map of the world with lights

23/10/2024 News

IEA report predicts glut of energy in the near term, provided it is not blocked by geopolitical tensions

Regional conflicts and geopolitical strains are highlighting significant fragilities in today’s global energy system, making clear the need for stronger policies and greater investments to accelerate and expand the transition to cleaner and more secure technologies, according to the latest report from the International Energy Agency (IEA).

Energy security

6/4/2022 News

US announces biggest ever release from SPR

US President Joe Biden’s administration announced on 31 March that it will release 1mn b/d of oil over six months from the country’s Strategic Petroleum Reserve (SPR) in a bid to help stabilise global energy markets following Russia’s invasion of Ukraine.

Energy transition

Head and shoulders photo of Peter Godfrey

18/3/2026 Comment / Peter Godfrey

The new energy trilemma – why national security is reshaping the global energy transition

Reflecting on what was said at International Energy Week 2026, it seems the energy transition is now unfolding in a far more complex strategic environment than first envisaged, defined by geopolitical competition, supply chain fragmentation, technological rivalry and climate-related disruption. In this new landscape, energy systems are no longer viewed simply as economic infrastructure. They are increasingly understood as strategic national assets – critical to economic resilience, industrial competitiveness and national security. As a result, the traditional energy trilemma is evolving into a new framework, writes Peter Godfrey FEI, Energy Institute Asia-Pacific (APAC) Managing Director, and Founder & CEO of CarbonSync Technologies (Singapore.)

Road fuels

Head and shoulders photo of Matthias Maedge

19/11/2025 Comment / Matthias Maedge

Why global logistics cannot afford to ignore Gulf instability

With the push for battery-electric road transport transition solutions, alternative sustainable and waste-based fuels are underestimated, despite their bridging and complementary advantages, argues Matthias Maedge, Vice President, Commercial Road Transport Decarbonisation, at mobility and payment solutions company Eurowag.

New Energy World™

Search results: