Trends
Refining takes its toll
1 December 2002
Iraq keeps market on edge
1 November 2002
Opec still over target
1 November 2002
Price volatility persists
1 October 2002
Following years of consolidation among producing companies, analysts claimed thermal, seaborne coal prices would become less volatile. But the price of thermal coal has fallen dramatically in the last year. Higher Chinese exports, increased liquidity and transparency, and the demise of traditional price-setting methods are being identified as the causes, writes Andrew Roberts
Traders under pressure
1 October 2002
World Energy Resources Map Amid the general turmoil in the US energy industry, coal companies have taken their share of hits. The warmest winter on record, combined with economic downturn, has reduced demand from coal’s biggest market, the electrical power industry, forcing prices down from last year’s highs, writes Ellen Lask
Output unchanged
1 October 2002
Ice spreads across Europe
1 September 2002
Despite the market turmoil following the demise of Enron, Ice’s business plan continues to crystallise. Liz Bossley talks to Stephanie Trabia, CEO of the exchange’s UK subsidiary, about the firm’s expansion plans
Benchmark in surgery
1 September 2002
Nice reserves – shame about the location
1 September 2002
Gazprom has bigger gas reserves and production than any other company in the world. The trouble, writes Isabel Gorst, is that most of its 100%-owned 26 trillion cubic metres of gas lie in daunting locations in remote Siberia or beneath the frozen waters of the Arctic oceans
The usual suspects
1 August 2002
Production held – for now
1 August 2002
As expected, Opec chose not to change its production rates at its most recent meeting in Vienna, preferring to postpone any decision on changing output until its next official session, in September. David Townsend, in Vienna, looks at the group’s latest decision, the thinking behind it and its impact on the market
Oil market upheavals ahead
1 August 2002
The drastic impact on Italy’s oil products market of the country’s escalating gas consumption – forecast to rise by a third by 2015 – is examined in a new study. Findings include the large fuel oil market shrinking to less than a third of its present size by 2015, with the gasoil market growing and then declining to less than its present size and total oil products demand declining by 15%. If fulfilled, the forecast will place seemingly impossible demands on Italy’s refiners, Martin Quinlan writes
Legal challenges
1 June 2002
Price volatility, deregulation woes, continued industry consolidation and the aftermath of Enron have all made for a challenging year for the energy sector. This has also kept the legal profession busy and more of the same is expected over the next 12 months. David Townsend reports