Trends
Short-term outlook uncertain
1 January 2002
Sideswiped by an enfeebled economy and a steep dive from last winter’s fleeting price spike, the North American natural gas sector is struggling to find any sign of certainty in 2002, writes WJ Simpson
Venezuela gets its man
1 December 2000
Sheikh Yamani says
1 December 2000
Kuwait blames taxation
1 December 2000
Back to you Saddam
1 November 2000
It’s a worry
1 November 2000
Delusions of royalty
1 November 2000
Late again
1 October 2000
Opec's September meeting saw the group announcing plans to boost supply by 800,000 barrels a day (b/d) from the start of this month. However, the market has, so far, failed to react to the increase, with prices continuing to rise and, reports David Townsend, it appears that the organisation may once again have acted too late.
And so it goes on
1 October 2000
West versus east
1 October 2000
While demand for gas in western Europe remains strong and is forecast to continue to grow, consumption in the eastern part of the continent is lagging. However, over the longer term, the predictions of a dash for gas in the region are expected to be fulfilled.
Roll out the $40-barrel
1 October 2000
One cheer for the new gas trading arrangements
1 September 2000
On 1 October 1999, the new gas trading arrangements (NGTA) for the UK were introduced by the Office of Gas and Electricity Markets (Ofgem). On 21 July 2000, Ofgem published NGTA: a review of the new arrangements and further development of the regime. This is significant from two perspectives: firstly, the UK is at the vanguard of the liberalisation of gas trading in Europe and can provide some signposts as to how that trade may develop; and, new electricity trading arrangements (Neta) are scheduled to be introduced in the UK in November, based on a similar model to NGTA.
Cutting loose from economic growth
1 September 2000
A recent study adds weight to a growing consensus in the industry that the increase in energy use is, at last, relinquishing its connection to economic growth. The data relating to world energy consumption during 1999 shows the evidence of a decoupling, which has become particularly strong in developed countries.
Saudi surprise
1 August 2000
Output down in June
1 August 2000