Latest news

Nord Stream 2 fills first gas string

Gazprom has filled one of the two strings that make up its 55bn m³/yr Nord Stream 2 pipeline with operational gas.

read more... 19/10/2021

news

Rosneft and Vitol strike first major oil trading deal since 2013

Trading firm Vitol has started taking delivery of oil from Russia's top producer Rosneft under a new long-term supply deal as the two companies deepen their cooperation, four industry sources told Reuters.

read more... 06/10/2021

news

Norway TSO Statnett confirms Oct. 1 start for NSL link to UK at reduced 700 MW

The 1.4 GW North Sea Link power interconnector from Norway to Great Britain is to start operations as scheduled on Oct. 1, Norwegian grid operator Statnett said Sept. 23 after market close.

read more... 27/09/2021

news

Daily (22.09.2021): British gas prices retreated on Tuesday amid low demand from power sector, weaker EUAs

Oil prices settled modestly higher on Tuesday, supported by a lower U.S. Dollar Index and expectations for a weekly drop in U.S. crude inventories, a day after a broad selloff attributed to jitters about the impact of a default by Chinese property giant Evergrande. However, the pessimistic growth forecasts from the Organization for Economic Cooperation and Development (OECD) limited the gains. Hence, Brent crude rose by 0.6% to $74.36 a barrel. U.S. WTI crude added 0.3% to end at $70.49 a barrel.

read more... 22/09/2021

news

Poland refuses to halt disputed coal mine despite EU court penalty

Poland vowed to keep its disputed Turow coal mine running on Monday despite being hit with a order to pay a 500,000 euro ($585,550) daily penalty to the European Commission for defying an earlier court ruling to halt operations.

read more... 21/09/2021

news