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Spanish gas storage levels hit record 98% for July

Spanish underground gas storage levels have reached a record level for July of 98%, significantly higher than the 72% seen a year ago, TSO Enagas said on Wednesday.

read more... 27/07/2023

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EU faces winter gas supply risk on limited LNG growth

Europe still faces risks to its gas supply this winter as the global availability of LNG upon which it depends looks set to expand only modestly this year, commodities consultancy Icis said on Monday.

read more... 26/07/2023

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Daily (25.07.2023): Oil prices climbed by over 2% on Monday to levels not seen since April

Crude oil prices gained ground on Monday following hopes for new stimulus measures in China and OPEC's production cuts. Additionally, rising demand of US gasoline bolstered prices. Thus, Brent crude rose by 2.1% to end at $82.74 a barrel. Meanwhile, U.S. WTI crude increased by over 2% as well, to settle at $78.74 a barrel.

read more... 25/07/2023

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EU strikes gas, hydrogen deal with Argentina

The European Commission has signed a non-binding agreement with Argentina to facilitate a stable supply of liquefied fossil gas (LNG) to Europe in exchange for cooperation on green energy and Buenos Aires reigning in gas leakage.

read more... 19/07/2023

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The 11,200 km plan for Germany’s new ‘hydrogen highways’

A group of gas grid operators presented plans on Thursday (13 July) to complete the construction of Germany’s main hydrogen transport network by 2032, although the government has shown little interest in funding it.

read more... 14/07/2023

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