Charles Ellinas
Editor at Natural Gas World
Over 35 years experience in the oil & gas sector in senior management positions. Currently CEO of e-CNHC (ECP Natural Hydrocarbons Company)
Articles
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1 week ago |
cyprus-mail.com | Tom Cleaver |Constantinos Psillides |Theo Panayides |Charles Ellinas
In an article in MEES, Peter Stevenson reveals that ExxonMobil’s Electra well in block 5 was unsuccessful. It encountered gas, but not in commercial quantities. There were high expectations that Electra could contain as much as 30tcf gas. The drilling rig will now move to block 10 to drill the Pegasus well, with more moderate expectations.
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3 weeks ago |
financialmirror.com | Charles Ellinas
Donald Trump is still calling the shots, dominating world news. The latest is his push to end the war in Ukraine and his deliberations with Vladimir Putin, that eventually will impact global energy markets. Eight members of the OPEC+ group of producers, subject to voluntary extra output cuts, announced they will start increasing production from 1 April, planning to add 2.2 mln barrels a day of additional output over the next 18 months, with emphasis on “gradual” and “adaptable”.
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3 weeks ago |
financialmirror.com | Charles Ellinas
A climate reset is underway and there are fresh signs that moving away from fossil fuels will go slower than many governments had hoped. Analysts see a “decisive return to energy pragmatism” which is underway in key regions. Abu Dhabi’s Adnoc CEO Sultan al-Jaber said it is time to make energy great again. He said that instead of trying to curb energy consumption, world leaders should recognise the right of developing countries to affordable energy that will help them reach western levels of wealth.
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1 month ago |
cyprus-mail.com | Elias Hazou |Eleni Philippou |Charalambos Stylianou |Charles Ellinas
Given its importance to Cypriot consumers and industry, I am returning back to the burning subject of electricity prices. These must come significantly down now and not just wait for natural gas to come to the rescue…if and when. On February 26, the European Commission (EC) adopted an ‘Action Plan for Affordable Energy’, setting actions to lower electricity costs for European consumers and businesses.
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1 month ago |
cyprus-mail.com | Rebekah Gregoriades |Theo Panayides |Charles Ellinas
That was the headline following the publication in December of a ‘Joint Employment Report (JER)’ by the European Commission (EC) that provides an annual overview of key employment and social developments in the EU. Attention to these problems was drawn in the Draghi Report on ‘the future of European competitiveness’ that warned that there is an undersupply of skills in Europe due to declines in education and training systems that are failing to prepare the workforce for technological change.
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RT @CRUDEOIL231: Reciprocal tariffs between the US and China are expected to have a limited impact on US energy trade flows. Since China i…
Donald Trump bends to the power of the markets - But trade war with China and tariffs on most US imports still risk great harm - the continuing market jitters show that US financial dominance can no longer be taken for granted https://t.co/nStyjcm4n1 via @ft
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