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Daily (30.12.2020): Gas prices surged on Tuesday, boosted by forecasts for lower temperatures

Crude oil prices edged higher on Tuesday, supported by an improved US economic stimulus plan. Despite concerns regarding demand for black gold, Brent oil gained 0.5% at $51.09 a barrel, while WTI crude ended 0.8% higher at $48.00 a barrel.

read more... 30/12/2020

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Nord Stream 2 gas pipeline says has completed section in German waters

The Russia-led Nord Stream 2 consortium said on Monday it has completed laying pipes for the project in German waters, finishing work on a 2.6 kilometre-long portion of the pipeline, which had been stalled by the threat of U.S. sanctions.

read more... 29/12/2020

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China secures coal, gas and power supplies ahead of another cold wave

China has taken measures to secure natural gas, electricity and coal supplies ahead of another expected cold snap in coming days, the country's top policy planner, the National Development and Reform Commission, said in a Dec. 28 press conference, according to a transcript on its website.

read more... 29/12/2020

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U.S. preparing fresh sanctions to halt Russia’s Nord Stream 2

The U.S. government is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work that could help build the pipeline.

read more... 28/12/2020

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Ofgem approves UK gas fee change

UK energy regulator Ofgem has approved system operator National Grid's proposal to change the way its gas revenues are calculated going forwards.

read more... 24/12/2020

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