Latest news
.jpg)
“EU gas supply faces twin threat this winter”
European gas supply is facing the twin threat this winter of ongoing infrastructure bottlenecks and the escalating conflict between Ukraine and Russia, said industry experts on Thursday.
read more... 16/08/2024
Europe's gas surplus has mostly been eliminated
Europe's record gas surplus inherited from the winter of 2023/24 has been largely eliminated following an unusually small accumulation of inventories so far in the summer of 2024.
read more... 15/08/2024
.jpg)
Norwegian oil companies to further increase oil investments
Norwegian oil and gas investments are expected to hit a record this year and to stay high in 2025, driven by a string of ongoing field developments and cost inflation, a national statistics office (SSB) survey showed on Thursday.
read more... 15/08/2024
Daily (13.08.2024): European carbon prices surged to 10-week high on Monday, driven by compliance buying and strong gas markets
Oil prices soared on Monday, marking a sixth consecutive day of gains, driven by potential supply disruptions in the Middle East. Brent crude climbed by over 4%, settling at $80.06 per barrel, while WTI rose by more than 3%, closing at $82.30 per barrel.
read more... 13/08/2024
TotalEnergies completes purchase of UK 1.3 GW gas plant
French energy major TotalEnergies has completed its GBP 450m acquisition of UK power producer West Burton Energy – which runs a 1.3 GW gas-fired power plant – from investment firm EIG, West Burton Energy said on Friday.
read more... 12/08/2024