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Egypt, Israel, EU eye political framework ahead of commercial gas supply deals

Egypt, Israel and the EU were working toward a trilateral agreement to allow for the export of Israeli gas to Europe, a spokesperson for Israel's energy ministry said June 6.

read more... 07/06/2022

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Spain was top destination for US LNG delivered in May amid strong demand

Spain received more US LNG than any other country in May, tripling the number of American cargoes it imported versus a year earlier, as gas-for-power demand surged, and it seized opportunities to send some volumes to neighboring France, S&P Global Commodity Insights data showed.

read more... 06/06/2022

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RWE buys 1.4-GW Dutch Magnum gas-fired power plant for Eur500 million

German utility RWE has bought the 1.4-GW Magnum power station in Groningen, the Netherlands from Sweden's Vattenfall for Eur500 million ($534 million), the utilities said June 2.

read more... 03/06/2022

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Netherlands, Germany to jointly drill for gas in North Sea

The Netherlands and Germany will jointly drill for a new gas field in the North Sea, the Dutch Ministry of Economic Affairs and Climate announced.

read more... 02/06/2022

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Daily (01.06.2022): Long-term British gas prices rose on Tuesday due to fears about reduced flows from Russia

Crude oil prices increased on Tuesday, boosted by European Union leaders' agreement to impose a 90% ban on Russian crude oil imports by the end of 2022. Consequently, Brent crude rose by 1% to $122.84 a barrel.

read more... 01/06/2022

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