The proper diagnostic on the inflationary nature is a key in adequate calibration of the policy response – thinks Anita Angelovska-Bezohska, Governor of the National Bank of the Republic of North Macedonia.
The complete shutdown of gas deliveries through Nord Stream 1 is an indication of how desperate the Russian leadership has become. There is now no path to military victory, but a clear chance that intensified economic warfare...
How do we avoid each man and country for itself when we are faced with major energy insecurity as today? Not every country is able to be self-sufficient, so how do we avoid an elbowing race for resources?
We live in an era of urgency, where we have to cope with multiple crises at the same time. Europe is currently facing a major historical shock.
After the high rhetoric and ambitious pledges of the last twelve months, culminating in the COP26 meeting in Glasgow, 2022 promises to be a very different year with the emphasis on volatile prices, especially for oil and gas, and...
The Czech state-owned energy company ČEZ sold its assets in Romania. There are plans to sell also assets in Bulgaria, Turkey and Poland. The focus will be on the Czech Republic and modernization of the Czech energy...
In June, Polish oil firm PKN Orlen said it would merge with Poland’s national gas provider PGNiG and notify the deal to Brussels by the end of 2020. According to the Prime Minister Mateusz Morawiecki a combined energy group...
The 60th anniversary of OPEC was a good opportunity for reflection. The sad conclusion is that a dialogue between consumers and oil producers has been and is impossible. This is due to the pursuit of particular interests and the...
Across the world there has been a significant increase in demand for liquefied natural gas (LNG). The infrastructure for LNG exports and imports is being expanded. The new possibilities for gas imports are particularly important...
In 2020, the global energy consumption will decrease by about 6 per cent, and more than 3 million energy industry workers have already lost or will lose their jobs. At the same time new investments are needed to ensure that there...