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CommentWire
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The EU commissioner responsible for tax and customs-related issues is set to table a proposal to raise the minimum level of diesel tax imposed by member states, in a bid to cut down on 'tank tourism.' However, given the lukewarm reception that the proposal has received so far, and the fact that unanimity is required, the proposal is unlikely to be adopted.
Published By Datamonitor
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27 Feb 2007 |
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Expert View
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The January 2006 Russia-Ukraine gas deal has been temporarily extended to the autumn; a temporary truce largely driven by Russia's position as chair of the G8. There are two events on the horizon with potentially serious implications for the reliability of gas supplies to Europe: Yulia Tymoshenko's appointment as Ukrainian prime minister, and Turkmenistan's decision to hike gas prices to Russia.
Published By Datamonitor
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05 Jul 2006 |
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Expert View
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Upward pressures on UK wholesale gas and power prices are being driven by strained supply and demand fundamentals. Imposing a windfall tax on the UK energy industry is unlikely to resolve this issue whereas increased incentives for energy investment in UK gas storage facilities would go some way towards achieving that aim.
Published By Datamonitor
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03 Sep 2008 |
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CommentWire
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The planned merger between Acergy and Subsea 7, like the similar deal agreed by Schlumberger and Smith International earlier this year, illustrates the new environment in the oil and gas services market. With firms looking to become stronger so that they can overcome costs and complexity challenges, consolidation is likely to emerge as a popular strategy.
Published By Datamonitor
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06 Jul 2010 |
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Expert View
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Recent media coverage of the social unrest in Tunisia, Egypt, and Libya has referred to a "Middle Eastern crisis." However, these important oil producing nations are firmly African. The oversight is indicative of a broader media tendency to ignore similar problems taking place across Africa, where a number of elections throughout 2011 could further threaten the continent's oil and gas production.
Published By Datamonitor
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02 Mar 2011 |
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Expert View
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Soaring oil prices are rendering air freight an increasingly less economically viable choice for logistics carriers and shippers alike. Profit margins in the air freight business are being hurt by the rising fuel costs; thus, multi-modal carriers need to focus on fuel-efficient modal choices to maintain their margins.
Published By Datamonitor
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10 Mar 2011 |
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CommentWire
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The price may be high, but for Alinta [ALN.AX] it is worth paying Duke [DUK] A$1.69 billion to capture some of Australia's most important gas pipelines, as well as power generation assets. Capitalizing on US energy companies' steady exit from Australia, the company is both improving the diversity of its operations and creating steady long-term growth in shareholder returns.
Published By Datamonitor
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18 Mar 2004 |
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CommentWire
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Statoil's recently announced that all diesel sold at its Swedish fuel stations will be blended with 5% rapeseed-based biodiesel. Statoil's move is a further indication that biodiesel is becoming the mainstream alternative fuel of choice in Europe.
Published By Datamonitor
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22 Aug 2006 |
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CommentWire
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Sales of compressed natural gas (CNG) cars have increased significantly over the last two years in Germany, and indeed in Europe as a whole. As CNG vehicles can be refueled at home, they offer added practicality, and this, added to the growing backlash against biofuels, gives CNG the potential to become a significant player in the alternative fuels market over the next few years.
Published By Datamonitor
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29 Oct 2007 |
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CommentWire
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The country's two largest independent oil producers are suffering from lower commodity prices and overcapacity. However, the cyclical nature of the upstream oil market means that their long-term future should still be positive. Their best bet for now is to hold tight and plan for a better future, investing in new reserves that will not come online for a few years.
Published By Datamonitor
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01 Feb 2002 |
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