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08 9月 2017

Taper tantrums

The European Central Bank has signalled the end is nigh for its role as the stimulator of last resort. Seven years into ECB president Mario Draghi’s “whatever it takes” (more on that phrase later), and the eurozone economy is nearly deemed ready to stand unaided.test

06 9月 2017

Gatecrashers

Shell chief executive Ben van Beurden and his BP counterpart, Bob Dudley, were the star guests at the Offshore Europe conference in Aberdeen yesterday. To the surprise of no one, they used their keynote addresses in the spiritual home of the UK's oil and gas industry to

11 8月 2017

Italy should let the market loose

European energy traders association Efet has called for more flexible Italian gas storage rules, and September could be a good time to test this idea.

10 8月 2017

Opec report – more questions than answers

The market looks to the Opec monthly report for guidance. Over the years since it started at a few faxed pages, rather thin on content, that turned up when it turned up, it has acquired some gravitas, a counterpoint to the IEA report.

24 7月 2017

LNG and Algerian gas compete for southern Europe

This is the third in a series of blogs using data from Argus Data and Downloads, which are available to Argus Direct subscribers here.

13 7月 2017

Makers vs Takers

“We are a price taker. We are not a price maker, unfortunately. So, as we have just re-discovered, if you are not a price maker but a price taker, your job is to control breakeven,” Total chief executive Patrick Pouyanne told the World Petroleum Congress (WPC) this week

12 7月 2017

Gazprom’s budget constraints drive sales

This is the second in a series of blogs using data from Argus Data and Downloads, which are available to Argus Direct subscribers here.

11 7月 2017

Europe awash with LNG and Russian gas

This is the first of a series of blogs using data from Argus Data and Downloads, which are available to Argus Direct subscribers here.

07 7月 2017

Mind your language

There has been an outbreak of unity within Opec, just when it needed it the most.

30 6月 2017

Caught between the devil and the deep blue sea

Tanker owners are looking to rejuvenate their fleets. Nothing new, I hear you say, ordering new ships is what owners do.

29 6月 2017

Madonna, Yahoo, Oil and Gas

When I saw thick smoke coming out of my computer, I was mortified. If it was the hard drive that caught fire, all my precious files – from unfinished university essays to party pictures to music files - were gone forever.

20 6月 2017

Supply security — a better candidate for UK state intervention?

The pledge to cap retail energy prices in UK prime minister Theresa May’s ill-starred 2017 election campaign was a distinct departure from Conservative Party economic orthodoxy. Intended to appeal to the working class heartlands of the opposition Labour Party, it was at

13 6月 2017

Somewhere, over the rainbow

Presenting BP’s Statistical Review of 2016 today, chief executive Bob Dudley said: “The oil market returned broadly back into balance by mid-year, but prices continued to be depressed by the large overhang of built-up inventories.”

13 6月 2017

What’s going on with Qatar?

Well, it’s been a bit hectic on the LNG desk this past week. And that’s the question we’ve been asked the most.

07 6月 2017

The end of the Gulf Co-operation Council?

The crisis pitting Saudi Arabia and the UAE against Qatar is the most serious turbulence to afflict the Gulf Co-operation Council (GCC) bloc since what is now called ‘the First Gulf War’, when non-member Iraq briefly invaded and occupied member state Kuwait.

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