As we have already pointed out in previous articles, 2017 was a bullish year in the energy markets. In the previous blog "OMIE Forecast? Place your bets " we detailed the fundamentals that justified these increases. However, this does not mitigate the concern of procurement managers who have the arduous task of optimizing costs year after [...]
The last few weeks have been a real throwback to Cold War years for both Russia and UK, as Prime Minister Theresa May accused Moscow of poisoning a Russian ex-spy with a rare nerve agent in Salisbury, England. The Kremlin rejected the accusation and insisted the UK must prove Russia’s role in the attack or apologise. [...]
This last winter, temperatures were extremely low (hitting records in several countries) throughout the European continent. As a consequence, demand for natural gas soared in countries that found difficulties to satisfy its consumers. It is a fact the European Union relies on non-member countries for its supply of this commodity. According to the latest available data and [...]
