Inequality is an energy issue

The IMF’s Christine Lagarde painted a gloomy picture for the world economy today in Frankfurt. The recovery that began in emerging markets hasn’t been taken up by advanced economies, and it "remains too slow, too fragile, and risks to its durability are increasing".

01 4月 2016

Can The Lady tame the dragon?

When China’s top energy officials decided to build a multi-billion dollar oil and gas import pipeline through neighbouring Myanmar (Burma), they certainly weren’t expecting to have to report back to Nobel peace prize winner Aung San Suu Kyi.

01 4月 2016

Desperate times, desperate measures

This month’s Doha meeting of oil producers is being written off even before all the party invitations have been RSVP'd. And its immediate impact on production, let alone exports and prices, will indeed be limited. As the IEA’s executive director, Fatih Birol, told Argus

30 3月 2016

Ta-ta Tata Steel

Yesterday, the Tata Steel board ended months of speculation and arm-twisting when it rejected a proposed restructuring plan for its UK strip products arm, effectively voting to exit the UK industry for good. Tata is already in talks with Greybull Capital to sell its UK

24 3月 2016

How much US LNG is under construction?

The first new US LNG since 1969 was exported last month. But there is more to come with other liquefaction projects under construction.

23 3月 2016

How the EU ETS restricts climate ambition

The EU faces an internal rift over its climate ambition. And not because of the potential for Brexit — although this could also cause problems — but because, following the historic Paris agreement, some countries want to go much further in terms of emissions reductions

22 3月 2016

Japan’s nuclear headache just won’t go away

Japan’s mighty nuclear power plant fleet has been brought to a standstill by just 29 residents, adding millions of dollars to the country’s energy import bill.

15 3月 2016

Mathematics in the service of man

The self-certificated production numbers provided to the Opec secretariat by member countries for publication in the organisation’s Monthly Oil Market Report (MOMR) are viewed with scepticism by the “secondary sources” — including the likes of Argus — that the IEA and,

14 3月 2016

Is sustainability biomass’ problem and solution?

The biomass industry has a problem — its public image. A sector as reliant on government policy and subsidy as the industrial biomass market is needs the backing of the general public. But the narrative is too often dictated by NGOs challenging its environmental credent

07 3月 2016

ExxonMobil’s TMI issue

With $12bn raised in a recent debt offering and more than $300bn of its own shares held in treasury, ExxonMobil has the dry powder to purchase just about any oil and gas company in the world. From Anadarko to Devon to even BP, the regular rumblings of an acquisition bi

04 3月 2016

What´s in a name?

Two of the world´s largest known oil deposits boast the names of late Venezuelan president Hugo Chavez and former Brazilian president Luiz Inacio “Lula” da Silva. The thinking goes, these are the towering figures who showered the wealth of their countries´ abundant natu

03 3月 2016

Doha still doesn’t add up to a row of beans

Venezuela’s oil minister Eulogio Del Pino and his Russian counterpart Alexander Novak both say 15 countries have now been lined up to meet later this month for talks about a production freeze. The notion of a verifiable freeze at January output levels was dreamt up in D

29 2月 2016

Terror in the nursery — Goldilocks cut in half

In December 2014, with Brent at around $50/bl, Opec secretary-general Abdullah al-Badri said: "We do not want a very high price because there will be less demand and consumption. We do not want a low price because there will be less investment and supply."

26 2月 2016

Tough talk or a cry for help?

Saudi oil minister Ali Naimi’s message to the horde of energy executives and journalists gathered in Houston this week is being portrayed by some as a dose of cold, hard reality from the world’s largest crude producer.

26 2月 2016

Pumping for joy

Drillbits have stopped spinning across most of Latin America these days, and oil revenue for the region´s big producers has tanked. That has some beleaguered governments seeking respite at the fuel pump.

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