Latest news
BP, Eni seek to raise $2 bln for Angola joint venture
BP and Eni are seeking to raise up to $2 billion for their emerging oil and gas joint venture in Angola as they look to reduce debt to help build up renewables businesses, banking and industry sources said.
read more... 04/10/2021
.jpg)
Germany launches nationwide gas trading hub THE
Germany launched a nationwide gas market trading hub, Trading Hub Europe (THE), on Friday after merging its two existing hubs to boost liquidity and simplify administration.
read more... 04/10/2021
Daily (01.10.2021): British gas prices saw an unstoppable rally on Thursday amid supply fears ahead of the coming winter
Crude oil prices diverged but ended little changed on Thursday as a report showing China is ready to buy more oil to meet energy demand counterbalanced price pressure from an unexpected rise in U.S. crude inventories and a strong dollar. Hence, Brent crude steadied at $78.52 a barrel. U.S. WTI crude rose by 0.3% to $75.03 a barrel.
read more... 01/10/2021
Re-balancing of Europe's gas, power markets seen unlikely in Q4
A rapid re-balancing of the European gas market looks an unlikely prospect in Q4 2021 as prices continued to reach fresh record highs deep into September.
read more... 01/10/2021
UK's largest energy suppliers 'will withstand market turbulence'
Efficient hedging and good access to capital should ensure Centrica, EDF Energy, E.ON UK and Scottish Power Ltd. ride out the UK's energy supplier crisis, S&P Global Ratings said Sept. 30.
read more... 01/10/2021