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Less German gas priced in for 1Q21

German gas-fired generation has been largely up on the year as lower NCG gas prices and higher carbon costs supported deeper coal and lignite-to-gas fuel switching. But a recent increase in NCG gas prices has pushed up generating costs to price more gas-fired plants out of the market.

read more... 23/10/2020

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PGNiG to buy Danish offshore gas from Ørsted

Danish offshore wind developer Ørsted has signed a deal to sell gas to Polish oil and gas company PGNiG under a multi-year contract.

read more... 22/10/2020

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Israel And The UAE Sign Historic Oil Deal

Israel and the United Arab Emirates (UAE) signed this week a preliminary agreement under which crude oil from OPEC’s third-largest producer could be shipped to European markets via an oil pipeline in Israel connecting the Red Sea with the Mediterranean.

read more... 22/10/2020

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Total delivers its first carbon-neutral LNG cargo

French energy giant Total said it has delivered its first carbon-neutral liquefied natural gas (LNG) cargo.

read more... 21/10/2020

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Norway’s Hammerfest LNG to reopen in January

Norway’s Hammerfest LNG isn’t expected to resume operations this year, as operator Equinor continues to carry out an investigation into a serious incident late last month.

read more... 19/10/2020

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