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Qatar signs 27-year gas supply deal with Italy's Eni

State-owned QatarEnergy said on Monday it would supply Italy's Eni with gas for 27 years, following similar deals this month to supply the Netherlands via Shell and France through TotalEnergies.

read more... 23/10/2023

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Daily (23.10.2023): Gas prices extended gains on Friday amid colder weather, ongoing conflict in the Middle East and persisting supply concerns

Oil prices witnessed a minor decline on Friday in a market filled with uncertainty. This uncertainty stems from various factors, including the ongoing conflict in the Middle East and the looming political crisis in the United States Congress. As a result, Brent crude stabilized at $92.16 per barrel, while WTI crude ended at $88.08 per barrel, down 1.4% day-on-day.

read more... 23/10/2023

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Finland Restricts Access To LNG Infrastructure After Suspected Pipeline Sabotage

Finland prepares to restrict access to a port area hosting one of its two floating LNG import terminals after an offshore natural gas pipeline between Finland and Estonia was shut down this weekend following a leak suspected to be caused by sabotage.

read more... 17/10/2023

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Daily (13.10.2023): UK gas prices surged on Thursday amid heightened geopolitical risk in the Middle East, colder weather forecast

Oil prices ended mixed on Thursday, with WTI crude weighed down by a surprise and massive rise in US crude inventories, which has raised fears about global oil demand. US Commercial crude inventories surged by 10.2 million barrels last week. As a result, WTI crude ended at $82.91 per barrel, down 0.7% day-on-day. On the other hand, Brent crude moved sideways at $86.00 per barrel.

read more... 13/10/2023

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Orlen makes FID on 1.2GW Baltic Power offshore wind project

Polish oil and gas company Orlen has taken the final investment decision (FID) on the 1.2GW Baltic Power offshore wind farm in the Baltic Sea.

read more... 13/10/2023

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