Oil & Gas Group
This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing.
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Europe’s pyrrhic gas victory
Europe survived last winter with unexpected ease. Mild temperatures helped, as did lacklustre Asian appetite for liquefied natural gas (LNG) and unprecedented conservation measures. There was much relief when wholesale prices fell below ‘pre-invasion’ levels in January, and this sentiment has intensified as Europe’s underground gas storage tanks swell. Mission accomplished?
Europe’s pyrrhic gas victory
War took a $1 trillion toll on European gas consumers and cratered the EU’s trade balance
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