The IEA’s World Energy Outlook 2019 published this week highlights the increasing disparity between the calm oil market of today and heightened geopolitical tensions. The calmness is supported by a well-supplied market and high inventories.
At the end of last month, Russian media reported that containers of depleted uranium hexafluoride, owned by the Western European company Urenco, were being transported from Germany to Russia as part of a deal with Tekhsnabexport, a subsidiary of Rosatom, Russia state nuclear corporation.
This article provides a picture of trade in energy products between the European Union (EU) and the rest of the world (extra-EU trade), and between the Member States (intra-EU trade). Special focus is given to Russia as the main supplier of petroleum oils and natural gas to the EU. Coal, lignite, peat and coke are the other key energy products considered hereafter.
The future of energy cooperation in the Mediterranean is inextricably linked to the combination of renewable energy and gas. The engineering and regulatory synergies between these two sectors are fundamental for the journey of the energy transition. This Forum will focus on the role of renewable energy and gas sources in developing sound regional regulatory frameworks and reliable markets along with the ultimate goal of creating a functioning Mediterranean energy market.The event will be a unique opportunity to discover the results achieved and the future challenges of the regional energy sector. This conference will be attended by internationally leading experts in the field of Euro-Mediterranean energy cooperation, European external energy policy and regulatory convergence in the energy sector.
Today, the European Commission adopted the fourth list of Projects of Common Interest (PCI) for a connected European energy grid, fit for the future providing clean, affordable and secure energy for Europeans. This list reflects the importance of infrastructure for the Energy Union and represents a balance among its objectives: sustainability, affordability and security of supply.