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 | Johanna Pauls |Alix Norman |Tom Cleaver |Charles Ellinas
What happened in Spain and Portugal on April 28 brought home how insecure our energy systems have become. For about 20 hours Spain, Portugal and parts of southern France experienced a widespread electricity blackout affecting about 60 million people – “the first major blackout of the green electricity era”.
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1 month ago |
financialmirror.com | Charles Ellinas
Donald Trump’s tariff blitz has sparked turmoil for the green energy sector. Duties pose a one-two punch for an industry already reeling from a renewed embrace of fossil fuels. The new tariffs are set to pummel the renewable energy industry, threatening to push up prices. Ironically, Chinese clean tech stocks have risen since the US president’s latest announcement on levies.
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1 month ago |
financialmirror.com | Charles Ellinas
Donald Trump may seem to have backed down on his tariff wars on other countries, but with markets and tariffs the only certainty is uncertainty. It is very difficult to predict the US president’s moves and their consequences. That is what puts the markets into a tailspinCrude output up, prices fallPrior to the announcement of the new tariffs, Brent was hovering at $75/b. The increase in tariffs and the unexpected production hike by OPEC+ dragged the benchmark crude to less than $60/b at one stage.
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1 month 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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1 month 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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Energy prices push chemicals groups to explore exit from Europe - Chemical companies are putting European assets up for sale as they review their operations in the region, unable to cope with high energy prices https://t.co/MgOEjNtAOu via @ft
Ν/σ στο Κογκρέσο για εδραίωση ενεργειακής συνεργασίας στην Α. Μεσόγειο – Ποια έργα θα περιλαμβάνει - Αν επιβεβαιωθεί και ψηφιστεί θα είναι μία πολύ σημαντική εξέλιξη για την Κύπρο https://t.co/mSJ4VPakxq via @NOMISMA
RT @WhiteHouse: BREAKING: U.S. Announces China Trade Deal in Geneva https://t.co/JjgvYAvAGe