Latest news

Europe wary of Turkish hub to hide gas 'made in Moscow'

President Vladimir Putin's plan to make Turkey a hub for Russian gas in theory could allow Moscow to mask its exports with fuel from other sources, but that might not be enough to persuade Europeans to buy, analysts and sources said.

read more... 01/12/2022

news

Daily (24.11.2022): Cold weather and threats that Russia could cut gas exports contributed to the rise in gas prices on Wednesday

Oil prices were bearish on Wednesday, as EU members continued to discuss a price cap on Russian oil. Consequently, Brent crude traded 3.3% lower at $85.41 a barrel, and WTI oil fell by 3.7% to $77.94 a barrel.

read more... 24/11/2022

news

Daily (28.10.2022): Oil prices extended gains amid increasing US crude exports and rising global demand.

Oil prices surged on Thursday, boosted by increasing US crude exports and rising global demand. Consequently, Brent crude ended at $96.96 a barrel, and WTI oil rose by 1.3% to $89.08 a barrel.

read more... 28/10/2022

news

Norway exports 3.5 TWh to UK in power cable’s debut year

Norway had a net export of 3.5 TWh to the UK through the 1.4 GW North Sea Link (NSL) during the interconnector’s first twelve months of operation, UK TSO National Grid said on Thursday.

read more... 21/10/2022

news

France begins direct gas shipments to Germany

France has started sending natural gas to Germany as part of its pledge to ensure EU energy solidarity as Russia reduces exports after its invasion of Ukraine, the French network operator said Thursday.

read more... 17/10/2022

news