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EU matches 10.9bcm in first round of joint gas sales
The EU’s new joint gas buying platform has matched 10.9bcm of sales offers with potential buyers in its first tendering round, European Commission vice-president Maros Sefcovic said on Tuesday.
read more... 17/05/2023
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EU watchdog sees concentration, liquidity risks in gas derivatives
Europe's $4.5 trillion natural gas derivatives market has become less transparent since Russia's invasion of Ukraine and faces risks due to a small number of market players and low liquidity, the European Union's securities watchdog said on Friday.
read more... 15/05/2023
UK energy bills set to soar due to gas import dependency
British homes could be heavily dependent on foreign gas as the UK faces a decline in North Sea gas output.
read more... 15/05/2023
EU launches first round of tenders to jointly buy gas
The European Commission on Wednesday (10 May) launched the first round of tenders for gas sellers to link with EU buyers on the joint gas purchasing platform to help maintain security of supply and tackle high energy prices.
read more... 11/05/2023
BP ventures back into oil frontiers to boost output
BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions.
read more... 11/05/2023