Coal continues to be an important fuel in many countries' energy mix and, despite the climate change concerns, it is likely to maintain this position for the next decades. In this paper a numerical model is developed to investigate the evolution of the international market for steam coal, the...

With its resource availability and the prospect of climate friendly technology, coal continues to play an important role in the global energy sector. We develop a complementarity model of the international market for steam coal. We want to analyze the level of competition in this market which is...

Die Bedeutung von Kohle wird heute oft unterschätzt, da sie lange als eine Ressource der Vergangenheit galt. Dabei ist Kohle nach wie vor Grundpfeiler der Stromerzeugung in den meisten Ländern: Ein Viertel des weltweiten Primärenergieverbrauchs wird durch Kohle gedeckt. Während die größten...

Die nachgewiesenen konventionellen Erdgasreserven reichen aus, um die Erdgasproduktion des Jahres 2008 weitere 60 Jahre aufrechterhalten zu können. Die vermuteten Ressourcen sind deutlich größer. Neben den konventionellen können aber auch unkonventionelle Ressourcen (Shale Gas, Gas aus...

Der technologische Fortschritt, der in den letzten Jahren im Bereich grüner, also emissionsfreier und/oder nachhaltiger Biokraftstoffe erzielt wurde, reicht nicht aus, um den weltweit wachsenden Energiebedarf zu bedienen. Stattdessen ist absehbar, dass neben Kohle immer mehr unkonventionelle...

The main uncertainties for the world oil market in H2 2022 are as follows: formal completion of the OPEC+ deal in September 2022 and chances and terms of its extension; sanctions on Russian exports of oil and oil products, their scale and duration

Following the Brent Spar controversy, the OSPAR countries reached a unanimous agreement in 1998 for the future rules for disposal of petroleum installations. The vast majority of existing offshore installations will be re-used or returned to shore for recycling or disposal. For installations...

Despite the adherence to the commitments according to the OPEC+ deal on the joint efforts to cut production, during Russia's three-year participation in the deal as a whole the annual crude oil production in the country increased by 2.4% on the back of stabilized world crude oil prices. Collapse...

OPEC+ agreements aimed at cutting oil production have became a significant factor affecting world oil prices. Implementation of these agreements led to the rise of global oil prices to $60-70 per barrel. In early July OPEC+ decided to extend current restrictions on oil production for another...