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CommentWire
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Gazprom faced a difficult year in 2009 as weak gas prices hurt the company's profits. The rise of Qatari LNG supplies to Europe further highlighted that the European incumbent's dominance of the region is under threat. Gazprom has responded in typical style by successfully penetrating new markets and regions, most notably with the opening of an office in Singapore to capitalize on Asian demand.
Published By Datamonitor
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01 Apr 2010 |
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CommentWire
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With oil production from the Jubilee field due to commence in December 2010, Ghana is preparing to become a more important player in the international oil industry. While this will strengthen the role that Africa and other non-OPEC countries play in the industry, Ghana's success will rest on its ability to avoid common mistakes made by other emerging oil producers.
Published By Datamonitor
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27 Oct 2010 |
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CommentWire
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Having long been a front-runner in the installation of renewable energy and onshore wind farms in particular, Germany has finally launched its first commercially developed offshore wind farm in the Baltic Sea. While Germany's offshore wind capacity has previously developed slowly with a pipeline of around 15GW, Datamonitor believes that this sector will grow significantly in the coming years.
Published By Datamonitor
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13 May 2011 |
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Expert View
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E.ON recently announced plans to undertake a feasibility study into the possible construction of an LNG terminal on Germany's northern coast. If the project gets the green light, a number of benefits are likely to be felt throughout the German gas market, as Datamonitor's Andrew Hill explains...
Published By Datamonitor
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07 Nov 2005 |
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CommentWire
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Bundesnetzagentur (BnetzA) has begun the arduous process of cutting network fees in the German gas market. The regulator still faces an uphill struggle, however, to overcome a legacy of ineffective competition in one of Europe's largest and most disparate gas sectors.
Published By Datamonitor
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12 Sep 2006 |
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Expert View
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Deep geothermal energy in the UK has the potential to accommodate an installed capacity of 9.5GW of electrical power and 100GWth of heat to the nation's consumers, according to the Renewable Energy Association and a new report by engineering consultants Sinclair Knight Merz. Realizing this, however, will require government buy-in.
Published By Datamonitor
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13 Jun 2012 |
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CommentWire
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General Electric's recent purchase of Wood Group's well support division is another strategic move to strengthen the company's competitive clout in the energy sector. The deal is the firm's fourth acquisition of recent months, signaling a major shift in its corporate strategy: the desire to reduce its dependence on its financial arm and to reinforce its position in the global industrial market.
Published By Datamonitor
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16 Feb 2011 |
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Expert View
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The Gas Exporting Countries Forum (GECF) is a loosely defined group of gas producers seeking to represent and push their mutual interests. While parallels are increasingly being drawn between GECF and OPEC, Datamonitor's Andrew Hill explains that there are several factors mitigating agianst GECF's developement as a cartel akin to its oil producing counterpart...
Published By Datamonitor
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01 Jul 2005 |
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Expert View
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GdF-Suez is to purchase Turkish gas distributor Izgaz after submitting the highest bid, at $232 million, in the tender for the privatization of the company. The gas distributor rights of Izgaz are a sensible acquisition, as Turkey's market is expanding rapidly and has stabilized since 2000.
Published By Datamonitor
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22 Aug 2008 |
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CommentWire
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The Russian gas giant Gazprom has traded some of its upstream assets for a greater share in Wingas, the German gas retailer and distributor. This corporatist approach may be the only way the company can gain access to certain European markets in the short term.
Published By Datamonitor
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08 May 2006 |
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