Latest news
Daily (03.01.2022): British gas prices lost ground on Friday, on forecasts for milder temperatures and increased LNG supply
Crude oil prices retreated on Friday, as trading volumes fell significantly, while investors questioned whether 2021’s price surge will continue into the new year. Consequently, Brent oil lost 1.9% at $77.78 a barrel and WTI crude dropped by 2.3% to $75.21 a barrel.
read more... 03/01/2022
NOVATEK and RWE join in on LNG supply and decarbonisation
Novatek, Russia’s natural gas producer, and RWE Supply & Trading, the trading unit of German utility RWE, have signed a memorandum of understanding (MoU) to cooperate on LNG supply and decarbonisation.
read more... 08/12/2021
CMA CGM, Shell perform first Bio-LNG bunkering in Rotterdam
Global shipping company CMA CGM and energy company Shell have performed the first Bio-LNG bunkering trial in Rotterdam, paving the way for the shipping company to achieve its target of net zero carbon by 2050.
read more... 03/12/2021
Daily (14.10.2021): British near-term gas prices edged up on Wednesday on low storage, high LNG
Oil prices traded down in a steady trading on Wednesday amid profit-taking, while traders assessed OPEC’s skepticism around the strength of crude demand even after prices hit the highest since 2014. Hence, Brent crude settled 24 cents, or 0.3%, lower at $83.18 per barrel. U.S. West Texas Intermediate (WTI) crude eased by 20 cents, or 0.3%, to end at $80.44.
read more... 14/10/2021
LNG Will Not Save Europe from Winter Gas Crunch
Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch.
read more... 20/08/2021