For a long time global energy markets were relatively stable, dominated by long-term investment in asset-intensive fuel businesses that rarely competed with one another. Now, rapid change is sweeping across the energy world: fuels are increasingly encroaching on each other’s territory and the silos of regional markets are breaking down, write Christophe Brognaux and Nicholas Ward of The Boston Consulting Group (BCG). As a result, fundamentally … [Read more...]
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