5 spunti per approfondire (38/2023)

La rubrica settimanale con i consigli di lettura di RivistaEnergia.it, dall’Europa e dal mondo. Forse non le notizie più eclatanti, ma proprio per questo interessanti da approfondire. Settimana 38/2023

“While the Trafigura case is working its way through London courts and the blow to Aurubis will be softened by insurance payouts as well as asset seizures related to the precious metals theft, the scale and frequency of recent scandals have shone a spotlight on the sector’s vulnerability to fraud. Aurubis believes employees in its sampling department must have played a key role in the alleged crime. Along with paperwork from suppliers falsely stating the quantity of metals contained in scrap shipments, the company reckons the samples were tampered with, leading it to pay for inflated invoices and record receipt of far greater amounts of metal than was actually the case.”

Metals industry grapples with fraud wave
Articolo – Financial Times

“The Offshore Alliance (OA) union will cease strikes and accept a deal brokered by Australia’s industrial umpire the Fair Work Commission (FWC) to end its dispute with Chevron Australia, after a late-night vote of more than 350 workers. The announcement is likely to end two weeks of industrial action that threatened LNG exports and domestic gas supplies and caused volatility in European gas markets.”

Union commits to ending Chevron Australia LNG strikes
Articolo – Argus Media

China’s top climate envoy Xie Zhenhua described export controls on renewable energy products as “politicising” and “imperilling” decarbonisation goals as diplomats from the US and the European Union urged Beijing to do more to cut greenhouse gas emissions. “If trade protectionism continues, the cost for components in the construction of solar energy could become 20 to 25 per cent pricier than it would be under globalisation,” Xie said, adding that this would jeopardise a goal set by Group of 20 members that pledged to triple the global renewable energy capacity by 2030 compared with 2020 levels.

China’s top climate envoy decries trade controls on renewables as US and EU diplomats push Beijing on emissions goals
Articolo – South China Morning Post

“It’s touted by some as possibly the world’s biggest-ever deep-water oil find. The discovery off the shores of Namibia last year by TotalEnergies SE and Shell Plc of an estimated 11 billion barrels of crude has generated understandable excitement in the southern African country. Even if only a small portion of that potential load — valued at about $1 trillion at current prices — is realistically recoverable, it holds the promise of untold riches for this nation of 2.7 million people. But given what oil finds have spawned elsewhere on the continent, it’s drawing a sobering dose of caution. “Poor management of the oil and gas sector can drive corruption and inequality that in turn will fuel social tensions and threaten political stability,” Tom Alweendo, Namibia’s minister for mines and energy, told an audience last month at the Mercure Hotel in the capital Windhoek. “It is imperative that the custodians of these resources possess the required skills and above all, that they have a high level of integrity.”

Africa’s Newest Oil Jackpot Comes With a Corruption Curse
Articolo – Bloomberg

It is too early to tell if joint purchasing of gas has been a success due to a lack of information on any gas contacted following matching on the platform. Therefore, it is not possible to tell if buyers have achieved lower prices than they would have done using existing market mechanisms. AggregateEU has succeeded in its limited aim of matching buyers and sellers, and a significant number of market participants have signed up. It is difficult to see how AggregateEU can add much value as the current market framework already enables effective demand aggregation and allows companies which are based in landlocked countries or have limited experience of LNG contracting to access LNG supplies to replace Russian gas flows. Only 20% of the supply matched in the first tender round relates to LNG. This is less than current LNG’s current market share of supply to the EU.

EU Joint Purchasing of Gas – an assessment
Ricerca – The Oxford Institute for Energy Studies

della stessa rubrica

5 spunti per approfondire (37/2023), 15 settembre
5 spunti per approfondire (36/2023), 8 settembre
5 spunti per approfondire (35/2023), 1 settembre