Energy Crisis Eroding Europe’s Competitiveness in 2023
Oil and Gas | Dec, 2022
Russia’s invasion of Ukraine and subsequent curtailment of gas flows to Europe, and the onset of winters are pushing the international natural gas prices to new highs.
How Will Nord Stream 2 Drive the European economy?
Oil and Gas | Aug, 2021
The Nord Stream 2 project intended for safe and secure supplies of natural gas to the European Union, covering 28 countries has created a lot of geopolitical tensions ever since its inception. The construction of a gas pipeline under the Baltic Sea between Russia and Germany is expected to lower gas transport costs, reduce Europe’s import dependency, and narrow the supply gap. The new gas pipeline would make Europe heavily dependent on Russia for accomplishing their natural gas supplies but how would the largest infrastructure project influence economies?
India to become Global Trading Hub for Natural Gas
Oil and Gas | Sep, 2017
India is the fourth largest importer of liquefied natural gas in the world. The country heavily relies on imports to fulfill its demand for gas supplies and nearly half of the stocks are sourced from overseas territories.
Global Digital Oilfield Market: The Future or Just a Pipe Dream?
A schizophrenic oil market and uncertain energy economies should justifiably undercut global digital oilfield market. But what seems to be happening is the reverse...
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