ABN AMRO Bank N.V Energy Monthly delivers the most comprehensive view of global energy markets in a single report. Written by a team of specialists since 2005, this flagship publication is a must-read for anyone who needs to know what is happening in the energy industry and why. It's widely known for its incisive commentaries on behind-the-scenes events, analyses of global news and the identification of major new trends. From crude oil to coal, from nuclear power to carbon emissions, it's all here – every month.
ABN AMRO Bank N.V Energy Monthly is produced by the VM Group for ABN AMRO Bank N.V. It can be downloaded here free near the start of each month but can also be sent directly to readers. Contact clare@virtualmetals.co.uk to join our mailing list to receive it on the same day of publication.
The August edition of the VM Group/ABN AMRO Energy Monthly the major new oil resource in Brazil comes under the spotlight. Such has been the flow of good news about his country’s vast energy resources that Brazil’s President Lula da Silva has already declared God to be “a Brazilian”. With what could be up to 100bn barrels of oil lying deep under the Atlantic, Lula says that Brazil is entering a new energy-rich era, in which his country’s new oil will help bring global crude oil prices down, allowing poor countries to buy more of it. Yet there is plenty of scope for all this to turn sour – the levels of required investment are mind-boggling and there are doubts about whether Brazil’s partially state-owned oil major, Petrobras, has sufficient technological expertise to go it alone.
We argue in the July edition of the VM Group/ABN AMRO Energy Monthly that China’s appetite for coal will create all kinds of stresses and strains in the global energy mix – not least by keeping coal prices steadily rising for the foreseeable future.
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