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Daily (03.12.2019): NBP gas forward prices strongly bearish on Monday due to robust supplies from LNG terminals and from Norway

Brent crude declined on Monday on concerns about global oil oversupply and limited progress toward resolving the U.S.-China trade war that has clouded the outlook for oil demand. Brent lost 2.4% to settle at $60.92 a barrel.

read more... 03/12/2019

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Novatek $4.8 bln Yamal LNG fleet complete. Yakov Gakkel expected to load next week

Russia’s largest independent natural gas producer and LNG exporting player, Novatek has completed the $4.8 billion, 15-vessel strong fleet of Arc7 liquefied natural gas carriers set to serve its giant Yamal LNG project in the Arctic.

read more... 03/12/2019

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Power of Siberia Pipeline Nearing Completion

2020 will mark the start of Russian-piped gas exports to Chinese cities including Beijing, Harbin and Shanghai.

read more... 02/12/2019

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Daily (29.11.2019): French spot power price up 18% on Thursday on less nuclear availability and stronger demand

Crude oil prices diverged on Thursday, with WTI edging higher on intensified tensions between the US and China after President Donald Trump signed a bill backing protesters in Hong Kong. Despite a higher-than-expected rise in crude and gasoline inventories and a record peak in US production, WTI rose by 0.2% to settle at $58.25 a barrel. However, its European equivalent, Brent crude ended 0.3% down at $63.87 a barrel, extending losses hit in the previous session.

read more... 29/11/2019

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Polish LNG terminal receives 75th cargo

Polish liquefied natural gas import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Thursday.

read more... 29/11/2019

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