Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Europe enjoys temporary respite from high gas costs
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
Letter on Europe: More gas winters of discontent?
Warnings in 2022 of a potential three-winter European gas price crisis remain pertinent amid push-pull from the US and Russia
US LNG embedded in Europe's energy security quest
Geopolitical developments and market shifts mean US LNG will be a vital component in Europe's energy strategy and decarbonisation efforts
Europe has coping mechanisms for life after Russian gas
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
Europe’s appetite for LNG to ease
Ample stocks and a soft demand outlook will limit how much LNG Europe can import this year
Letter from Europe: Tobacco offers warning for oil
Moving on from burning fossil fuels for energy will not be easy, but it is ultimately a habit the world will need to kick
Outlook 2024: Germany rethinks its energy strategy amid European energy crisis
The consequences of Russia’s invasion of Ukraine have been particularly significant for Germany
Energy majors’ strategies show signs of convergence
While US megadeals may not be repeated on the other side of the Atlantic, there is now greater common ground between European and US energy companies
European gas prices still on alert
The market is better prepared but still jittery, while the industry remains wary of the EU price cap
Europe’s gas security strategy may not be 2024 ready
The region’s rapidly evolving infrastructure has a lot to be commended for, but some of the capacity may not be ready in time for the 2024 heating season
“Is there a ‘Green Churchill’ out there?”
Opinion
Europe
Peter Ramsay
London
24 January 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Letter from Europe: Politicians must be braver

Energy’s economic, geopolitical and climate challenges require the continent’s decision-makers to step up

February marks the end of my almost four-and-a-half years as editor-in-chief of the PE Media Network and of day-to-day responsibility for Petroleum Economist content. It has been a great privilege but—given the events of the past few years—has not been without its challenges too! As I hand over to my successor, inevitably there is a gaze forward as well as back. And as I consider the future of energy here in Europe and globally, it strikes me that, far from calmer waters ahead, politicians in my home continent will likely face ever-growing tempests as we try to progress to a much lower-carbon future. And there is little evidence of adequate appetite to make the strategic, and often political

Also in this section
The great OPEC+ reset
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
Latest EU sanctions largely toothless
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
A third distillate disruption
6 August 2025
Diesel market disruptions have propelled crude prices above $100/bl twice in this century, and now oil teeters on the brink of another crude quality crisis
BP’s long stay in Russia
5 August 2025
After failed attempts to find a buyer for its stake in Russia’s largest oil producer, BP may be able to avoid the harsh treatment meted out to ExxonMobil and Shell when they exited—and could even restart operations if geopolitical conditions improve

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search