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AB 2000 studies

Alain Boublil Blog

   

Energy

Brent prices are coming nearer to 60 dollars

Almost a year ago, in the middle of the corona virus pandemic, oil price on the American market became briefly negative. In reality, it was a quotation on future markets but that was showing the gap between the too much abundant supply and a weak demand. Stocking capacities were saturated and so buyers were ready to pay in order they were allowed to renouncing to take the deliveries of the black gold they acquired some months before at the agreed date. That unprecedented situation was frequently interpreted as the first signal of the decline of that raw material until then ...

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The natural gas future

Tensions between Greece and Turkey and the American sanctions against the completion of the Nordstream 2 pipe line in the North Sea are revealing with a full daylight the new importance and the geopolitical challenges linked to natural gas. 20th century had been the oil century with major political and economic consequences. During the Twenties, the breaking up of the Ottoman Empire and the sharing, between Western powers of the territories where were located oil fields had, through the “Red Line Agreements” allowed oil majors emergence and guaranteed the supplying of Western countries. It was the oil embargo against ...

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Energy : 2019 results and prospects for the "world to come"

In June, the oil group BP publishes energy production and consumption statistics for the previous year by sources and by countries. That allows to having a precise and definitive idea of the world situation, of CO2 emissions, of the evolution of the repartition between different fossil fuels, renewable and nuclear power and especially of the mid-term trends which are appearing. They allow to dismiss many wrong ideas regarding energy transition and to carry a judgment on the different proposals which are circulating in this domain.

The first observation is about energy consumption which, as a whole, is not failing, even ...

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