Latest news

German gas storage levels rise amid mild Christmas weather

Germany’s gas storage levels increased over Christmas as mild weather dampened gas demand, storage and weather data showed on Tuesday.

read more... 28/12/2022

news

Putin bans Russian oil exports to countries that implement price cap

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that abide by the cap.

read more... 28/12/2022

news

Daily (28.12.2022): European spot electricity prices fell sharply on Tuesday amid higher wind generation

Crude oil prices barely changed on Tuesday as restarts at some U.S. energy plants closed by winter storms offset gains from hopes of a demand recovery as China eases COVID-19 restrictions. Hence, Brent crude rose by 41 cents, or 0.5%, to settle at $84.33 a barrel, while U.S. West Texas Intermediate crude settled 3 cents lower at $79.53 per barrel.

read more... 28/12/2022

news

Turkey's natural gas find in Black Sea now comes to 710 bcm

The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic metres (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday.

read more... 27/12/2022

news

Japan's Inpex signs 20-year LNG deal with Venture Global

 Inpex Corp, Japan's biggest oil and gas explorer, said on Tuesday that it has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with U.S.-based Venture Global LNG.

read more... 27/12/2022

news