Chevron: Big bucks in Bulgaria

14-chevron-big-bucks-in-bulgaria

Chevron is looking to stake a claim on shale rock deposits in uncharted territory – Bulgaria. The global energy major would like to drill for shale gas in the northeast of the country, near Romania, but is waiting for the approval of the Bulgarian government. Chevron even enlisted the talents of the American ambassador to…


Poland: Counting unhatched chickens?

13-poland-counting-unhatched-chickens

Recently Poland has been touting its vast natural gas reserves from shale deposits, but whether it can really cut the country’s dependence upon Russia’s Gazprom is a different story. (And we all know how Gazprom feels about shale gas.) An editorial from Energy Tribune writes that, indeed Poland has shale reserves that could meet the…


Shale: One of the TOP 3 future trends

12-shale-one-of-the-top-3-future-trends

The future of the energy sector may be difficult to recognize, according to Dr. Kent Moors, a consultant to some of the world’s largest energy-producing nations. That’s because it’s changing big time, driven by some trends that are lurking in the background (for those not paying attention), like the production of natural gas from shale…


Germany Unconventional Gas Drilling Licenses

15-germany-unconventional-gas-drilling-licenses

ExxonMobil is one of the winners in Germany’s state of North Rhine-Westphalia. It’s one of 10 companies who’ve received exploratory licenses to drill for unconventional natural gas – shale gas, tight gas sands and coal bed methane, the last of which could be a vast resource in the country due to its large quantities of coal,…


Gazprom Shale Rock Hard Place

11-gazprom-shale-rock-hard-place

Sweeping change in global gas markets has put Gazprom on shaky ground, according to a piece on the Financial Times. Last year was a disaster for the Russian energy giant, while sales were up in the first quarter of this year. Gazprom has big infrastructure plans – completing the northern and southern natural gas corridors…


Unconventional Gas Free White Paper

16-unconventional-gas-free-white-paper

Here’s a “freebie” for those interested in unconventional gas – complimentary white paper. According to Tim Lovatt, head of Unconventional Gas at EyeforEnergy, it evaluates, assesses and forecasts the impact of increased unconventional gas exploration, LNG oversupply and other factors on the gas market changes in Europe. The paper includes: – Increased Supply from Unconventionals and LNG…


Romania No Waiting for Nabucco

17-romania-no-waiting-for-nabucco

Romania may be pondering how long it should wait for Europe’s much deliberated gas pipeline project, Nabucco. Romania’s Ziarul Financiar ponders “How Romania will supply gas to Austria ahead of Nabucco“, revealing that Romania, Georgia and Azerbaijan (who are set to sign an agreement next week) have plans to construct two liquefied natural gas terminals…


Hungary eu Presidency Energy

18-hungary-eu-presidency-energy

It’s a big New Year for Hungary, who will officially preside over the presidency of the European Union on 1 January 2011. According to this video from EurActiv, the Hungarians’ focus during its half-year post atop the EU will be on energy policy: improving energy infrastructure, promoting innovative energy technology and coordinating the EU’s energy…


No Fooling: Strong Odds for Shale Tech Taking Off in Europe

19-no-fooling-strong-odds-for-shale-tech-taking-off-in-europe

The Motley Fool always has its eye on the latest good bets for making investments. It looks like the development of shale gas in Europe is now in its sites. It notes that Schlumberger and Statoil are accumulating knowledge in the field, and names Poland as the place where shale gas production may have the…


Windy Cities

20-windy-cities

Turn on the lights in Berlin or Brussels, because offshore wind power has grown by over 50% in the last year. And that’s a record! An article on Wind Today writes that it’s enough installed capacity in the EU to supply power to nearly 3 million European citizens, roughly the size of the German and Belgian…


Nabucco South Stream Itgi Pipelines

25-nabucco-south-stream-itgi-pipelines

The pieces just can’t be put together, the ends just won’t meet, and the pipelines just aren’t on the same page. We’re laying it on a bit thick, but that’s roughly the opinion of Italy’s Industry Minister Paolo Romani when it comes to the South Stream, ITGI and Nabucco pipelines. They’re just not that into…


Ireland Offshore Oil Gas Potentia

24-ireland-offshore-oil-gas-potentia

The Irish have not found too many four-leaf clovers this year, their “Celtic Tiger” economy beaten into a crying little kitty by the debt crisis. So some over at the Irish Times are exploring the depths of Ireland’s offshore oil & gas potential. At a conference in Dublin in November, Noel Murphy from the petroleum…


Unconventional Acquisitions

23-unconventional-acquisitions

If there’s any evidence to show how serious oil & gas majors are taking unconventional energy resources it may be how some of them are gobbling up specialist enterprises that can produce natural gas from sources like shale rock. A piece on Times Live tallies up the acquisitions. As BP’s oil was starting to spew…


Unconventional Gas Resources Europe

22-unconventional-gas-resources-europe

In this episode of Oil & Gas Watch Europe we speak to Stig-Arne Kristoffersen who’s been active in the oil & gas sector for several decades and has written extensively about harnessing unconventional natural gas in Europe. He tells us about countries in Europe with the greatest shale gas potential, like Poland, some big opportunities…


South Stream Ukraine Infrastructure Revam

21-south-stream-ukraine-infrastructure-revam

Now that things appear to be back on track between Moscow and Kiev, a senior foreign policy advisor to the Ukrainian government says that Gazprom’s South Stream natural gas pipeline project can be scrapped, according to a piece on EurActiv.com. South Stream, a gas pipeline backed by Moscow that would allow Gazprom to sell gas…


Europe Shale Gas Skeptic

26-europe-shale-gas-skeptic

The question was, “Will unconventional gas become conventional?” The place? Europe. The answer, from Stephen Singer, Global Energy Policy Director from the World Wildlife Fund, is probably not want many of the industry players would like to hear, especially those who would like to drill for shale gas in Europe. The reporter in the video…


Gazprom Gains

30-gazprom-gains

Russia’s state-controlled Gazprom gained over USD 10 billion on its net earnings from last year, according to  a Bloomberg report. Experts say this can be attributed to an increase in gas exports – nearly 20% – to Europe, in the last quarter of the year. The first quarter of this year is also looking bright for the…


All about Azerbaijan

29-all-about-azerbaijan

Azerbaijan is facing a couple of formidable critics – Russia and Iran – in its pursuit of a new gas link from Baku to the eastern Turkish city of Erzerum, the South Caucausus Gas Pipeline. The Institute for War & Peace Reporting writes that according to experts Turkey will not be able to afford the…


Back in the USSR

28-back-in-the-ussr

Following talks between Russian and Ukrainian leaders, Russia’s Prime Minister Vladimir Putin made what seemed to be shocking, off the cuff proposal: to “merge” Russia’s Gazprom with Ukraine’s Naftogaz Ukrainy, as reported in the Moscow Times, which writes that Putin’s proposal caught the Ukrainian Prime Minister Mykola Azarov off guard. But apparently Gazprom’s chief  Alexei Miller…


Gazprom Perspective Shale Gas

27-gazprom-perspective-shale-gas

Actual shale gas production in Europe may be a way down the road, but as many of us have been witnessing, Russia’s Gazprom has been doing it’s best to smear a potential resource that could be a serious challenge to its gas exports to Europe. Now, the company appears to be putting a nice face…


Good Shale Gas Prospects Poland

31-good-shale-gas-prospects-poland

If you’re a repeat visitor to Oil & Gas Watch Europe, you’ve probably noticed that we’re a bit behind on what’s going on lately. We know where our bread is buttered: Paid work for clients gets top priority; blogging (and self promotion) comes later. It was a busy time in the last couple of months,…


Poland Climate Change Commitment

32-poland-climate-change-commitment

In this blog post, a journalist from Britain’s left-leaning Guardian newspaper goes to Poland and speaks to the country’s Ministry for Climate Change, asking them, in essence, how they will shirk “dirty coal,” embrace environmentally “questionable” shale gas and meet EU climate change targets, especially considering their present stint at the head of the EU…


Wind Power Austria

33-wnd-power-austria

Yes, it’s windy up in those alps. Austria apparently gets 71% of its electricity from wind and sits at the top of the list for wind generation in Europe, according to a post on the REVE website. At the other end of the scale, Poland, Estonia, Cyprus, Malta, the Czech Republic, Luxembourg and Hungary are…


Gazprom Ready to Rock (with Shale)?

34-gazprom-ready-to-rock-with-shale

Looks like Gazprom, too, is ready to rock. Shale rock, that is. The world’s biggest natural gas company is thinking over the possibility of getting into the shale gas business, according to Reuters which reports that Russia’s Gazprom has not only been taking a hit from European customers buying cheaper LNG exports, but for the first…


Energy Sources Options Opposition Europe

35-energy-sources-options-opposition-europe

It looks like European leaders are starting to get a whiff of shale gas (which is odorless until it’s processed, we know) and how such new sources of energy could help Europe meet its climate change goals. According to a report on New Europe, decision makers meeting in Hungary appear to be going for natural…


Europe Energy Economy

40-europe-energy-economy

It seems that European leaders in Brussels see the economic downturn as something of an opportunity – a chance to hunker down and embrace both renewables and energy efficiency in the hopes of securing energy security for the continent and tackling climate change. A report on Teatro Naturale writes that they’ve actually put out a…


Exporting Shale Gas Revolution Europe

39-exporting-shale-gas-revolution-europe

The prospect of importing North America’s “shale gas revolution” to other parts of the world, like Europe, sounds great. A report on EarthTimes.org provides a succinct backgrounder for what shale gas is and how it all came about in America. They quote NoHotAir‘s Nick Grealy, who says he believes that shale gas can be the lower…


Gazprom Going East

38-gazprom-going-east

Now, we have enough gas in the US (yes, via shale gas), but that wasn’t the case about seven years ago, according to Dr. Daniel Fine of the Mining and Minerals Resources Institute at MIT. In a talk to students at the Fletcher School at Tufts University, Dr. Fine discussed the impact of shale gas development…


Shale Gas Defeats Liquified Natural Gas

36-shale-gas-defeats-liquified-natural-gas

The competition between liquified natural gas (LNG) and shale gas is being portrayed as one of the bloodiest hockey games you can imagine in an article over at OilWeek magazine entitled LNG Trumped – The burst of enthusiasm for shale gas could put LNG on the sidelines of global gas trade. One industry player at an international…


Gazprom Shale Gas Smear Campaign

37-gazprom-shale-gas-smear-campaign

Nissa Darbonne over at Oil & Gas Investor is giggling over Gazprom, or at least over the Russian energy giant’s efforts to downplay the success of unconventional gas sources – that’s right, we’re talking about shale gas. Darbonne writes that Gazprom’s leadership (and a PR firm it engages) has been disparaging about prospects for replacing…


Hey, industry! Where’s our infrastructure?

45-insufficient-energy-infrastructure-europ

Connect, boost renewables and kick the “fossil fuel” habit. Those were the main takeaways this week when EU leaders got together for an energy summit, according to a report from EurActiv.com. While the EC President was adamant about reducing Europe’s use of fossil fuels, the summit’s accord pointed out the continent’s lack of proper energy…


Caspian Gas Crucial Nabucco

44-caspian-gas-crucial-nabucco

“We need to guarantee that Nabucco is carried out,” says OMV Executive board Member Werner Auli. In a speech to delegates at the 2nd Gas Infrastructure World Caspian 2010 conference held in Baku, Mr. Auli said he was convinced that Europe would have a gas deficit in the future, that the pay off for shale…


Europe Gets Smart (Grid)

43-europe-gets-smart-grid

In an exclusive AUDIO feature from O&G Watch Europe we speak to energy thought leader Stefan Engelhardt who’s the Head of Utilities at SAP. Stefan describes “intelligent grid” technology that could greatly enhance the future of the European energy sector and tells us that its promotion is receiving a warm reception from Brussels. Listen to…


Conference Alert: London, 28-29 March 2011

42-conference-alert-london-28-29-march-2011

Over and over we hear about how Europe is determined to break its energy dependence upon Russia. Well, some big thinker’s in the UK will no doubt be mulling over that and more at an event entitled Russian Oil and Gas: New Trends and Implications, happening 28-29 March 2011 at Chatham House, London. The Chatham House site writes:…


Fun Games Shale Gas Word Play

41-fun-games-shale-gas-word-play

Some reporters will do anything to make a buck. Like working for an English language Russian TV network. In the video from Russia Today, entitled “A Fracking Joke”, you can feel the reporter’s blanket condemnation for hydraulic fracturing (“fracking”). She starts her report with pictures of American military operations which are presumable controlled by Big…


Azerbaijan: Take It or Leave It

50-azerbaijan-take-it-or-leave-it

The Independent (via Business Week) is running a captivating feature on how crucial decisions regarding Europe’s energy security are being made in Azerbaijan’s capital, Baku. Azerbaijan, with the BP (BP)-led Shah Deniz-2 field, is expected to be the major natural-gas supplier to the Nabucco pipeline, which will run 3,300km from Erzurum, Turkey, to Austria. The piece…


Berlin: Keep the Home Fires Burning

49-berlin-keep-the-home-fires-burning

An editorial at The American Thinker spells out the “Reemergence of German Dominance in Europe.” Things were supposed to be all warm and fuzzy in a united Europe – the “united we stand” sentiment prevailing – but national interests, it opines, trump transnationalism whenever it comes to things like military or energy interests. The piece…


Shale Gas Austria OMV

48-shale-gas-austria-omv

OMV’s vision for shale development in Austria “After looking into our shale potential for more than two years we are convinced that we have a substantial play that can be developed,” said Anton Baumgartner of Austria’s OMV. “The next step is to move forward with a pilot project.” Baumgartner, speaking to delegates at the recent…


The Monster Called GAZPROM

47-the-monster-called-gazprom

It’s a MONSTER, according to one of Russia’s top energy consultants who gives Oil & Gas Watch Europe an exclusive analysis on Russia’s energy giant GAZPROM. In this episode of Oil & Gas Watch Europe we speak with Mikhail Krutikhin who is an analyst and consultant on the oil and gas industry and politics in…


Europe Energy Security Connectivity

46-europe-energy-security-connectivity

A commentary on the Financial Times describes European energy connectivity as a “patchwork quilt.” But unfortunately that quilt isn’t enough to guarantee warm feet for energy customers in Europe – in fact there could be an energy squeeze in the coldest winter months of January and February. Scholar Nick Butler writes that natural gas prices have…