Latest news
Shell-Exxon aims at $2.5 billion in Dutch subsidies for carbon storage
A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday.
read more... 15/01/2021
Nord Stream 2 postpones resumption of pipeline construction
The Russia-led Nord Stream 2 consortium will not yet resume the work to complete the subsea gas pipeline to Germany on Friday, daily Handelsblatt reported, citing a spokesman.
read more... 15/01/2021
Daily (14.01.2021): British front-month gas price slumps by 16% after reaching two-year high
Crude oil prices retreated on Wednesday, feeling the effects of the coronavirus pandemic on global demand. Consequently, Brent oil decreased by 0.9% to close at $56.06 a barrel, while WTI crude edged 0.6% lower at $52.91 a barrel.
read more... 14/01/2021
Ukraine 'unable' to meet demand for gas exports to Poland
Ukraine has been unable to meet robust demand for gas exports to Poland over the past several days due to existing capacity limitations, Serhiy Makohon, head of gas grid operator GTSOU, said Jan. 12.
read more... 13/01/2021
UK electricity prices hit record level as Britain's big freeze looms
Britain’s electricity prices have soared to an all-time high with gas also surging to a three-year record ahead of sub-zero temperatures forecast for much of the UK next week.
read more... 13/01/2021