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Daily (20.04.2020): The British spot gas price plunged by 7% to 13.25 p/therm on Friday due to a weak demand and an oversupplied system

Crude oil futures evolved differently on Friday, with U.S. WTI crude at 18-year lows as bearish Chinese economic figures and growing U.S. supplies overshadowed Trump’s plan to ease lockdown measures.

read more... 20/04/2020


Europe's energy giants turn greener, but paths and targets diverge

Europe’s top oil and gas companies, which account for roughly 7% of global crude consumption, have committed themselves to greenhouse gas emission reduction targets which vary in scope and detail, making them hard for investors to compare.

read more... 17/04/2020


Russia's Gazprom eyes capacity increase on China gas export link

Russia's Gazprom is working to boost the capacity of its landmark gas pipeline to China -- the Power of Siberia -- as it looks to ramp up flows via the line.

read more... 16/04/2020


French gas demand dives 25% due to lockdown – TSOs

French gas demand has dived by a quarter since mid-March amid the economic slowdown caused by the coronavirus lockdown, with industrial demand slumping 40%, latest TSO data showed on Thursday.

read more... 10/04/2020


EU reaches record high LNG imports in 2019

The EU imported the highest ever volume of LNG in 2019 at 108 billion cubic meters (bcm), marking 27% of total gas imports and 22% of the EU's gas consumption, according to the European Commission's (EC) report on the gas market.

read more... 09/04/2020