Shell interested in new LNG projects in Russia close to promising Asian market

Shell, the multinational oil and gas company, is ready to consider its participation in new LNG projects in Russia as the concern sees the growth potential of gas demand in Asia, Country Chair Shell Russia Ekaterina Grushetskaya said in an interview with

Shell charters Avenir Achievement LNG bunkering vessel

UK-based LNG company Avenir LNG has entered into a time charter party (TCP) with Shell for the newbuild LNG bunkering supply vessel Avenir Achievement. The Avenir Achievement is a 20,000 cubic metres LNG bunkering ship. Chinese shipyard CIMC SOE will d

Ofgem 'closely monitoring' bidder behavior in UK balancing mechanism

UK energy regulator Ofgem is monitoring the accuracy of generator information submitted to National Grid Electricity System Operator in the light of soaring balancing mechanism costs, Ofgem said in an open letter Dec. 20. Over GBP1 billion was spent on

STATISTICS

Markets 17/4Wednesday 18/4Thursday 19/4Friday 22/4Monday 23/4Tuesday 24/4Wednesday Var D-1 Var W-1 Avg. Max Min
Electricity
UK Cal 2025 base (GBP/MWh) 79.82 81.23 78.60 76.95 76.09 76.89 1.05% -3.67% 73.66 86.23 64.81
Oil
Brent USD/bbl (USD/bbl) 87.29 87.11 87.29 87.00 88.42 88.02 -0.45% 0.84% 83.35 91.17 75.89
Economics
Rate GBP/EUR (GBP/) 1.17 1.17 1.17 1.16 1.16 1.16 0.12% -0.64% 1.17 1.18 1.15

MARKET PRICES & TRENDS

UK Cal 2025 base (GBP/MWh)76.89
UK Q+1 base (GBP/MWh)66.59
NBP Q+1 (GBpence/therm)73.36
Brent (USD/bbl)88.02
Rate GBP/EUR1.16
UK spot base (GBP/MWh)75.53
NBP spot (GBpence/therm)75.75

HEDGE REPORTING

Test Power contract 2 years

VaR

2,855,849 GBP

Spent

7,237,718 GBP

AVG price: GBP/MWh

126.09