Latest news
Japan's Inpex signs 20-year LNG deal with Venture Global
Inpex Corp, Japan's biggest oil and gas explorer, said on Tuesday that it has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with U.S.-based Venture Global LNG.
read more... 27/12/2022
Spain approves 1.2% windfall tax on energy companies
The Spanish senate approved a new windfall tax late on Wednesday that will curb sales revenues from energy companies in 2023-24 and aims to collect 1.2% of its turnover from large operators.
read more... 23/12/2022
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Germany wants to boost gas trading hub credit line to 20 bln euros
Germany wants to give an additional 5 billion euros' ($5.1 billion) worth of credit to the nationwide gas market trading hub to enable forward sales from gas storage facilities, according to a finance ministry document seen by Reuters.
read more... 22/11/2022
EU interventions hampering green investment
EU interventions aimed at mitigating soaring wholesale gas and power prices were denting investment appetite into renewables, even as high prices should be incentivising such opportunities, analysts at the ratings agency Moody’s said on Wednesday.
read more... 17/11/2022
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Iberian gas prices for utilities fall below cap for first time
Iberian wholesale market gas prices fell below a threshold set for gas-fired power plants in May for the first time on Wednesday after Spain's national grid operator warned it may reject LNG shipments due to overcapacity.
read more... 20/10/2022