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Russia’s Gazprom says global LNG glut pressures global gas prices

Excessive supplies of liquefied natural gas (LNG) as well as brimming storage have put pressure on natural gas prices in Europe and Asia, dimming forecasts for exports, Russian gas giant Gazprom said on Thursday.

read more... 14/02/2020

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Russian gas exports helping Asia & Europe to transition to cleaner energy

Russia will continue to be the biggest player on the global energy market with plans to increase natural gas deliveries to Europe and Asia, according to the head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev.

read more... 27/01/2020

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Gazprom expects gas exports to drop to 198.8 bcm in 2019

Russian gas giant Gazprom sees its gas exports outside ex-Soviet Union this year at 198.8 billion cubic metres (bcm), Interfax cited company’s head Alexei Miller a saying on Thursday, down from a record-high 202 bcm in 2018.

read more... 27/12/2019

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France is 2019’s biggest electricity exporter, Italy the largest importer

A new report reveals that France was Europe’s biggest exporter of power in the first 11 months of this year, while Italy imported the largest volume of electricity.

read more... 13/12/2019

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Daily (10.12.2019): German spot electricity price soars 61% on Monday on lower wind output

Crude oil prices lost ground on Monday as exports from China shrank for a fourth straight month, escalating concerns about U.S.-China trade war over the global economy. Brent crude eased 14 cents, or 0.2%, to settle at $64.25 per barrel, after a gain of about 3% last week on news that OPEC+ would deepen output cuts. WTI crude oil lost 18 cents, or 0.3% to close at $59.02 a barrel on NYMEX.

read more... 10/12/2019

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