PZ ERS in the news - NIS: Billions invested in Norwegian gas and oil sector: 'Demand remains high'
In particular, these are projects of Norwegian oil and gas companies Aker BP and Equinor in the North Sea and Norwegian Sea. One of the projects is the Yggdrasil offshore field, where as many as 55 new wells are planned. The project would account for 650 million barrels of oil and gas, making it one of [...]
Energy economist internship vacancy effective September
If you have demonstrable affinity with and interest in energy markets, energy transition, public and political debate, a keen eye and good writing skills, please contact us! Publieke Zaken is a consultancy based in The Hague. We offer knowledge and insight on energy markets and developments related to energy and climate policy. These developments translate [...]
PZ ERS in the news - Montel: Solar-powered negative prices new normal in Netherlands
The article can be read at this link.
PZ ERS in the news - NOS: Multi-year energy contracts make comeback: 'So far this year everything is with us'
Against the multi-year contracts, it will become a lot more expensive to cancel a contract. The prices are expected to be below the level of the current price ceiling of 1.45 euros per cubic meter of gas, though not by much. Still by no means cheap, in other words. It does mean that those who fear [...]
PZ ERS in the news - Financial Daily: Oil prices keep falling: is a recession on the way?
In the financial markets, it has been the talk of the day for months: will there be a recession or not? Looking at the price of the world's most important commodity, one would think so. Indeed, the price of oil is dropping, and significantly so. On Wednesday afternoon, a barrel of Brent oil cost around $73. That was 3% less than Tuesday, when [...]
PZ ERS in the news - The Telegraph: OPEC causes oil scarcity: price hikes at the pump
The Organization of Petroleum Exporting Countries and allies including Russia, also known as OPEC+, announced on April 2 that it would cut its production by 1.66 million barrels per day as of May 1. Last month, OPEC predicted that global oil demand will grow by at most 2.32 million barrels per day this year. The bloc of thirteen [...]
PZ ERS in the news - NRC: As oil and gas prices fall, things remain grim on the energy front
Make of it what you will. Not long ago, the Western world was groaning under sky-high energy prices. Oil tapped $125 a barrel last summer, not far off the all-time record of $150 from 2008. Gas cost ten, eleven times as much as normal. Companies went bankrupt, consumers sometimes had to move out of [...]
PZ ERS in the news - Reuters: GLOBAL LNG-Asian spot LNG prices hit 20-month low, incentivizes Chinese return
The average LNG price for April delivery into northeast Asia LNG-AS was $13.50 per million British thermal units (mmBtu), down $1, or 6.9%, from the previous week, industry sources estimated. Prices have fallen nearly 52% year-to-date and around 81% from the August 2022 peak at $70.50/mmBtu. "Pricing in Asia is now sufficient to bring Chinese activity, with [...]
PZ ERS in the news - News Hour: More fixed energy contracts.
Link
PZ ERS in the news - BNR: Energy giants drop rates, but uncertainties persist
Meanwhile, both gas and electricity prices have already dropped considerably recently. This is mainly due to the relatively mild winter, Van Cleef knows. "As a result, we have been able to replenish gas stocks well and prices have fallen. Van Cleef suspects that this decline will continue for some time. Risks 'But not [....]