Ethanol also known as ethyl alcohol or grain alcohol, can be used either as an alternative fuel or as an octane-boosting, pollution-reducing additive to gasoline. Corn and other starches and sugars are only a small fraction of biomass that can be used to make ethanol. Advanced bioethanol technology allows fuel ethanol to be made from …
An EFS allows market participants to exchange a position in the Henry Hub natural gas futures contract for a cash-settled position instead of physical gas. EFS transactions are permitted until two hours after trading terminates in the underlying Henry Hub natural gas futures contract. There is an exchange fee of $2.50 per side for each …
Allows holders of crude futures to swap the contract for physical crude
Relates to Israel’s geopolitical situation which makes it virtually impossible for the country to import electricity or receive backup from a neighboring country and thus requires a policy an energy policy that will take this into consideration
The overall framework by which a country secures its energy supplies is often discussed under the heading of “energy security”. The concept of energy security is usually interpreted in terms of diversification of supply sources from a variety of power and fuel markets in order to reduce dependency on one or more suppliers and/or supply …
A country’s ability to meet its own energy needs (not necessarily 100% thereof) from domestic sources, or by investments made by national companies in O&G fields abroad to develop fields for their own consumption, in order to provide primary energy for all of their electricity needs
One of Italy’s largest companies and one of the world’s largest oil and gas companies. Eni SpA, an integrated energy company, operates in the oil and gas, electricity generation, petrochemicals, oilfield services, and engineering industries. Its Exploration & Production segment involves in the oil and natural gas exploration, field development, and production, as well as …
The EU’s main source of natural gas is Russia. Relationships between the two will worsen following the latest Gazprom-Ukraine fight in January 2009. Another issue with Russia is it is doubtful that Moscow will be able to finance the necessary investments in Eastern Siberian fields to maintain sufficient gas production levels and it is equally …
Continue reading “Europe gas suppliers; Europe and natural gas”
Although the seller’s obligation, in a GSA, is to deliver gas up to the delivery capacity level, the buyer will generally have some rights to request higher volumes. The seller’s obligation to deliver excess gas will be generally on reasonable endeavors basis. Excess gas will normally be paid for at a premium to the normal …
Price of oil and gas, especially very much in the world’s largest consumer country (the US) are very much linked to the amount of excess supplies existing in storage
