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French weekly power exports soar on low domestic demand, nuclear gains

French power exports surged 63% week on week to average 10.3 GW for the seven days to Nov. 15 (week 47) as nuclear production ramped up and domestic demand remained low, according to system data.

read more... 17/11/2020

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Saudi Gas Production Jumps To Record

Saudi Arabia produced a record volume of natural gas earlier this year, the Kingdom’s state oil giant Aramco said in its Q3 results release on Tuesday, as the world’s top oil exporter looks to boost its position in natural gas.

read more... 05/11/2020

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Poland's PGNiG requests talks with Gazprom on contracted gas price

Poland's state-controlled PGNiG said Nov. 2 it has requested talks with the export arm of Russian gas giant Gazprom to renegotiate the gas contract price for deliveries from Russia.

read more... 03/11/2020

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Russia’s Crude Oil Exports Drop 8% In January-August

Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August, according to Russian federal customs data cited by local cargo analytics outlet SeaNews.

read more... 29/10/2020

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Daily (27.10.2020): Brent and WTI crude settled at 3-week lows on Monday amid surging coronavirus cases worldwide

Crude oil futures fell on Monday in response to surging coronavirus cases in the US and Europe, where several countries have already implemented new restrictions, raising concerns about the impact of the pandemic on oil demand. Extra pressure on oil prices comes from increasing Libyan crude oil production and exports after the country recently lifted the force majeure. Hence, Brent crude shed by $1.31, or 3.1%, to settle at $40.46 a barrel. U.S. WTI crude dropped by $1.29, or 3.2%, to close at $38.56 a barrel. Both, WTI and Brent crude marked their lowest settlements since Oct. 2.

read more... 27/10/2020

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