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Equinor inaugurates world's largest floating wind power farm in Norway

Norwegian energy firm Equinor and its partners will inaugurate the world's largest floating offshore wind power farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions

read more... 23/08/2023

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European gas prices rise on growing prospect of Australian LNG strike

European natural gas prices jumped in volatile trading on Monday as the prospect of a strike at a liquefied natural gas producer in Australia intensified fears of disruption to global supplies.

read more... 22/08/2023

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EU surpasses 90% gas storage target ahead of winter

The European Union (EU) has surpassed its gas storage target, achieving a 90.12% capacity well ahead of the scheduled deadline of 1st November.

read more... 21/08/2023

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French LNG sendout to stay low

French LNG regasification could remain subdued in the coming weeks as the country has little underground storage space remaining while demand could stay muted.

read more... 18/08/2023

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Daily (17.08.2023): Gas prices retreated on Wednesday as stable supplies outweighed Australian gas workers strike concerns

Oil prices declined on Wednesday, influenced by a robust dollar and declining in U.S. crude inventories, even though crude production reached its highest point in three years at 12.7 million barrels per day. Thus, Brent crude fell by 1.7% to close at $83.45 a barrel, while WTI crude traded 2% lower at $79.38 a barrel.

read more... 17/08/2023

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