Tag Archives: russia

Blowout week 49

This week we feature the impacts of the collapse in crude oil prices, which are already being felt around the world. Plus Russia scraps South Stream, Germany to cut coal use, the risk of a “carbon bubble”, EU regulations threaten cross-channel ferries, a nuclear plant catches fire and nobody notices, how to save the planet by not eating meat and the BBC brings unbiased news coverage to Australia. Continue reading

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Blowout week 48 – OPEC special

The big news this week is OPEC’s decision not to support oil prices by cutting production, so that’s what we lead off with… Continue reading

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European and UK Gas Security

Will the Lights be on at Christmas? Almost certainly yes. The biggest blackout risk will come later in the New Year at around tea time on a weekday in February or early March. The weather poses one of the most significant risks where a prolonged cold calm spell could see European gas stocks run down. The Ukrainian Civil war may see supplies cut and this may have a bad impact upon East Europe and perhaps Italy. But for so long as Nord Stream remains supplied I don’t see Russian risks to West European supplies. Continue reading

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Blowout week 46

The main stream media is full of low oil price stories this week and is suitably alert to the risks this poses to the oil industry and global economy. Normally low oil price would be viewed as a positive thing, but on the back side of Hubbert’s peak things work differently. Continue reading

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Ed Davey in Wonderland

Record investments of £45 billion in electricity generation and networks since 2010 has seen UK electricity consumption fall from 361 to 337 TWh (6.7%) while electricity imports have risen from 2.7 to 14.4 TWh (5.3 fold). Continue reading

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Blowout week 44

24 more stories below the fold, including drones overflying French nuclear plants, Ukrainian separatists to hold elections, Australia’s new climate policy, Russia claiming rights to Arctic oil & gas, inadequate subsidies killing UK offshore wind, solar in the Sahara, shale in the US, rocket fuel from asteroids, how global warming causes harsh winters and endangers US postal workers and how daylight saving causes cyberloafing. Continue reading

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Drowning in oil again

For 4 years now the oil price (Brent) has been range bound between $90 and $130 per barrel (Figure 2). This is where it settled after the convulsions of the $148 per barrel peak in 2008 followed by the financial crash. Recently it has dipped below the $90 mark and looks set to break even lower. Continue reading

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Blowout week 33

The UK had some weather this week as the remnants of hurricane Bertha passed over. This caused flooding, and perhaps coincidentally, another major power cut took place during strong gusting winds. Continue reading

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Blowout week 31

By Roger Andrews: A non-bumper Blowout Week during Euan’s absence. Twenty or so more stories below the fold: Energy Live News:  Ferrybridge fire cuts UK backup capacity In a sign of how serious the damage may be, the energy company … Continue reading

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Blowout week 30

I am on holiday for two weeks. And so expect fewer posts. Roger Andrews has the keys to the site and will be keeping an eye on things and maybe even posting a couple of posts. 35 stories this week … Continue reading

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Blowout week 28

An anticipated drop in oil production by 2016 is expected to hurt the Russian economy, the Russian Finance Ministry said Monday. Continue reading

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Blowout week 25

A crazy set of stories this week: the evolving and confusing situation in Iraq; the  Ukraine – Russia – Europe gas crisis that is hand made in Ukraine; global warming doctrine continues to unravel; the fantasy worlds of UK and … Continue reading

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Russia Ukraine Gas War

These very low prices would allow Kiev to buy more gas than it needs for domestic uses, and sell the rest to downstream gas consumers in Europe at a minimum of $400 – $450 per kcm. Continue reading

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Blowout week 23 – bumper issue

In this bumper Blowout with 36 articles the main theme (if there is one) is Europe backtracking on failed policies and pursuing the America fracking dream while America decides to throw itself off the European energy cliff into the abyss of low carbon high cost electricity generation. Continue reading

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Blowout week 21

Gazprom’s chairman has describing Europe’s energy shortage as “scary” and ridiculed the EU’s push for wind and solar power as a shambles. Continue reading

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Blowout week 19

I am still experimenting with how to present Blowout. Some weeks it is very difficult to make sense of the energy news. This week there is some sense and loads of nonsense as usual. You decide. Continue reading

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Blowout week 18

25 stories this week in an action packed Blowout. Germany: Energiewende kaput? Big oil in trouble. Ukraine / Russia: Ukraine raises domestic gas prices by 50%. Continue reading

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Blowout week 17

With European Parliament, Scottish Independence and UK general elections looming, the energy football is in play. Continue reading

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Blowout week 16 – Easter Weekend

Tension between Russia and Ukraine builds, blackouts in Scotland, coal in Germany, shale in Australia, even more oil in Russia, pipelines blown up in Iraq. Continue reading

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Belarus grows while Ukraine withers

Since the mid 1990s the Belarusian economy recovered, showing strong annual growth and is now on a par with Turkey. This is a very different story to Ukraine where the economy, that was showing feeble growth, collapsed again in 2009 and has not yet recovered. Economic malaise will no doubt underpin the civil unrest in Ukraine. Continue reading

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