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Germany releases €3bn to acquire floating LNG terminals
Germany has released nearly €3 billion to acquire floating liquefied natural gas import terminals, the finance ministry said Friday (15 April), as it seeks to move away from dependence on Russian gas.
read more... 19/04/2022
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Putin tells Europe: You still need Russian gas but we’re turning east
President Vladimir Putin said on Thursday (14 April) that Moscow would work to redirect its energy exports eastward as Europe tries to reduce its reliance on them, adding that European nations would not be able to ditch Russian gas immediately.
read more... 18/04/2022
GERMAN – Curve tumbles up to EUR 5 with gas fall
German curve power contracts fell up to EUR 5 on Thursday pressured by falling gas prices as liquidity waned, with some anticipating volatility would dominate in the sessions ahead.
read more... 15/04/2022
Daily (14.04.2022): British gas prices moved upwards on Wednesday amid Putin declarations that negotiations with Ukraine had reached an impasse
Crude oil prices extended their rally on Wednesday after Russian president Vladimir Putin said his country’s invasion of Ukraine was “going to plan”, raising the spectre of supply disruptions from the world’s number two exporter. Hence, Brent crude soared by $4.1, or 4%, to settle at $108.78 a barrel. U.S. WTI crude futures ended up $3.6, or 3.7%, to $104.25.
read more... 14/04/2022
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High gas prices deter Italian storage injections – analysts
Spiralling spot gas prices currently above levels for those next winter are deterring storage injections at Italian sites and delaying the replenishment of inventories, analysts told Montel this week.
read more... 14/04/2022