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Daily (19.02.2021): UK gas prices surged on Thursday amid diminishing storage levels, supportive technical indicators and stronger carbon prices

Oil prices retreated on Thursday, ending three sessions of increases, despite a larger than expected drop in crude stocks in the United States. The decline came amid speculation that OPEC+ may discuss an increase in production at their meeting early next month. Hence, Brent crude lost 41 cents, or 0.6%, to settle at $63.93 a barrel. U.S. WTI crude fell by 62 cents, or 1%, to settle at $60.52 a barrel.

read more... 19/02/2021


Ukraine’s exchange launches gas storage trading

Ukraine's energy exchange UEEX plans to introduce trading products for gas held in underground storage facilities under the customs-free warehouse regime from late April.

read more... 08/02/2021


UK battery storage developer Eelpower signs joint venture deal with Swiss fund

UK battery storage developer Eelpower has entered a joint venture agreement with SUSI Infrastructure Partners of Switzerland to accelerate the rollout of Eelpower's UK energy storage portfolio, Eelpower and SUSI Partners said Jan. 25.

read more... 26/01/2021


Shell-Exxon aims at $2.5 billion in Dutch subsidies for carbon storage

A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday.

read more... 15/01/2021


Ukraine’s Ukrtransgaz to offer annual storage capacity

Ukraine's Ukrtransgaz will offer in February gas storage capacity with guaranteed injection and withdrawal capacity for up to four storage years starting from 1 April 2021.

read more... 14/12/2020