In this week’s European energy market podcast we talk to Alfa Energy’s Dr Petra Puskarova about volatility in energy prices while gas prices remain high.
Energean generates most of its revenues from the sale of crude oil and has suffered severe losses due to the collapse of oil prices in the wake of the pandemic
Gas prices remain disruptive in commodity markets. Is this the last hurrah, or will we have a tighter winter for energy?
Changes in Brent crude oil prices, along with the appreciation of the national currency against the dollar has informed the decision – applicable from June 3, 2020
US oil prices turning negative for the first time in history means some producers were paying customers to take oil off their hands
US oil giant said it would “continue to execute” plans to reduce operating costs by more than $1bn by the end of the year
The duty will go up by ₹8 per litre (£0.089) for both petrol and diesel to mobilise additional resources
The plants will be located in the state of Gujrat, in the 1GW Dholera Solar Park on a build-own-operate basis
The oil giant said it “is taking immediate steps to ensure the financial strength and resilience of our business”
Global oil demand in 2020 will be down around 90,000 barrels a day from 2019, according to the latest report from International Energy Agency