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Daily (14.10.2022): High LNG and Norwegian flows weighed on British near-term gas prices
Oil prices rose on Thursday amid reduced levels of diesel inventories ahead of winter. Moreover, a leak was discovered in the Druzhba pipeline that delivers oil from Russia to Europe. As a result, Brent crude settled 2.3% higher at $94.57 a barrel. At the same time, WTI crude gained 2.1% at $89.11 a barrel.
read more... 14/10/2022
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Poland detects leak on Druzhba oil pipeline to Germany
Polish pipeline operator Pern said it has detected a leak in the northern leg of the Druzhba crude pipeline between the central Polish city of Plock and the German border.
read more... 13/10/2022
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Technical issues affecting plan to send gas from France to Germany now solved
France will be able to send gas to Germany via a pipeline with now that technical problems have been addressed, gas network operator GRTgaz said on Monday, as the euro zone's biggest economy rushes to replace Russian gas.
read more... 12/10/2022
EU wants ‘new transactions-based LNG benchmark’ in bid to calm prices
The European Union wants a new transaction-based benchmark for liquefied natural gas (LNG) as it says the fall in Russian pipeline gas flows and record high LNG imports have created imbalances in the current pricing mechanism.
read more... 03/10/2022
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EU vows to protect energy network after 'sabotage' of Russian gas pipeline
The European Union on Wednesday promised a "robust" response to any intentional disruption of its energy infrastructure after saying it suspected sabotage was behind gas leaks discovered this week on subsea Russian pipelines to Europe.
read more... 30/09/2022