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European gas prices rise on growing prospect of Australian LNG strike
European natural gas prices jumped in volatile trading on Monday as the prospect of a strike at a liquefied natural gas producer in Australia intensified fears of disruption to global supplies.
read more... 22/08/2023
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EU surpasses 90% gas storage target ahead of winter
The European Union (EU) has surpassed its gas storage target, achieving a 90.12% capacity well ahead of the scheduled deadline of 1st November.
read more... 21/08/2023
French LNG sendout to stay low
French LNG regasification could remain subdued in the coming weeks as the country has little underground storage space remaining while demand could stay muted.
read more... 18/08/2023
Daily (17.08.2023): Gas prices retreated on Wednesday as stable supplies outweighed Australian gas workers strike concerns
Oil prices declined on Wednesday, influenced by a robust dollar and declining in U.S. crude inventories, even though crude production reached its highest point in three years at 12.7 million barrels per day. Thus, Brent crude fell by 1.7% to close at $83.45 a barrel, while WTI crude traded 2% lower at $79.38 a barrel.
read more... 17/08/2023
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UK’s Ofgem approves grid amnesty for 8GW of projects
The Office of Gas and Electricity Markets (Ofgem), the energy regulatory authority in the UK, and the UK’s electricity transmission operator National Grid ESO have agreed to connect backlog projects to the grid.
read more... 17/08/2023