Latest news
European Energy Wins Approvals for Two Offshore Wind Farms in Denmark
Renewables developer European Energy A/S has received the approval of its environmental impact assessments (EIA) for two of its offshore wind projects, Omø South and Jammerland Bay in Denmark.
read more... 28/05/2020
Daily (21.02.2020): German spot power down 15% on Thursday due to higher wind output, lower demand
Crude oil futures edged higher on Thursday after an EIA report showed U.S. crude inventories rose less than expected last week. However, gains were capped by worries about the outbreak of coronavirus outside China.
read more... 21/02/2020
EIA: US net natural gas exports in 1H19 double year-ago levels for second year
From January through June of 2019, US net natural gas exports averaged 4.1 billion ft3/d, more than double the average net exports in 2018 (2.0 billion ft3/d), according to data in the US Energy Information Administration's (EIA) Natural Gas Monthly. The US became a net natural gas exporter (exported more than it imported) on an annual basis in 2017 for the first time in almost 60 years.
read more... 30/10/2019
Natural gas inventories surpass five-year average for the first time in two years
Working natural gas inventories in the Lower 48 states totaled 3,519 billion cubic feet (Bcf) for the week ending October 11, 2019, according to the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report (WNGSR). This is the first week that Lower 48 states’ working gas inventories have exceeded the previous five-year average since September 22, 2017. Weekly injections in three of the past four weeks each surpassed 100 Bcf, or about 27% more than typical injections for that time of year.
read more... 18/10/2019
Daily (12.09.2019): WTI crude lost almost 3% on Wednesday, on news that U.S. might ease sanctions on Iran
Crude oil prices declined on Wednesday, as U.S. administration could ease sanctions against Iran, thereby inflate global supplies. At the same time, both OPEC and EIA slashed demand forecasts this week. Consequently, WTI crude dropped by 2.9% to $55.75 a barrel, while Brent oil decreased by 2.5% to $60.81 a barrel.
read more... 12/09/2019