BMI View: Improvements in the refining sector have boosted refined fuels production, though 2016 will be
tougher with margins expected to drop. The restart of exploration in the Black Sea is positive for Bulgaria's
oil and gas sector, which has suffered from heavy pro ..."
BMI View: We expect the non-hydropower renewables sector to remain stagnant over the coming decade
as investor interest in the market remains subdued. Concerns about the country's economic competiveness
and previous difficulties with setting renewables subsidies at a ..."
BMI View: The start of construction work on the Trans Adriatic Pipeline (TAP) marks a milestone for the
Greek midstream sector and our outlook for its natural gas sector. We reiterate our view that natural gas,
especially midstream, will be the largest growth opportun ..."
BMI View: Slovakia has above-average energy import dependency compared with the regional average.
The country remains reliant on Russia, but is actively pushing through several projects aimed at improving
bi-directional flows and establishing regional links for a regi ..."
BMI View: Weak oil prices have essentially stalled exploration and development work in Albania's
upstream, and will negatively impact production in 2016. Two key companies are also looking to exit their
position in the country as investment is pulled back.
We hi ..."
BMI View: With no upstream prospects, Belgium will remain heavily reliant on imported supplies of both
liquids and gas. Natural gas consumption will be weak due growing nuclear and renewable generation in
the power sector. Meanwhile, the refining sector will perform w ..."
BMI View: Croatia announced an indefinite delay to offshore oil exploration, a move which reinforces the
already bearish outlook for reserves and production. A delay in the signing of contracts for onshore
exploration, which the government has said it continues to sup ..."
BMI View: The Czech Republic will remain highly dependent on imported oil and gas, mostly from Russia,
as conventional hydrocarbons production potential is limited. However the country will manage to slowly
diversify its gas sources through the STORK II project linkin ..."
BMI View: We maintain our upbeat outlook for the German non-hydropower renewables sector this
quarter - with wind power driving growth amid a solar sector slowdown. The introduction of a competitive
auctions system by 2017 will stabilise growth at a slower, albeit mor ..."
BMI View: Investment into E&P is waning as major offshore drilling programmes have concluded, though
field redevelopment projects continue over the short term. Refinery output demand and fuels demand have
both improved on the back of lower oil prices.
The main t ..."