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Gas prices
Natural Gas
Natural Gas Prices Plunge As Putin Promises More Supply
Natural gas futures mercifully slipped 10% on Wednesday after Russian President Vladimir Putin promised that the gas-rich nation would send more natural gas to …
Natural Gas
Natural Gas Prices Drop as Putin Says Russia will Boost Supplies to Europe
According to trading data from the ICE, the price of November gas futures on the Dutch TTF index started trading at almost $1,260 per thousand cubic meters on T…
EU
EU Countries Grapple with Response to Energy Price Spike
EU leaders will discuss record natural gas prices on Tuesday evening and the 27 member states’ environment ministers will debate their response on Wednesday.
United Kingdom
UK Power Sector Could See Tidal Wave Of Bankruptcies
More UK energy suppliers are set to go bust as soaring gas prices are putting an unprecedented cost burden on smaller electricity and gas providers, the head of…
Thermal Plant
UK Fires up Coal Power Plant as Gas Prices Soar
The UK fired up an old coal power plant on Monday to meet its electricity needs.
LNG
India's New LNG Plant Starts Next yr, to Boost Import Capacity by 12%
New demand for LNG from India is expected to support Asian gas prices which rose to record highs earlier this year, partly aided by the transition from coal or …
Natural Gas
Nord Stream 2 Says Fortuna Vessel Working on Final Stage of Project
Natural gas prices in Europe fell sharply following the report.
Coal Trade
South Korean Coal Imports Drop in May
Competitive gas prices and coal-fired plant restrictions trimmed South Korean thermal coal imports on the year in May, although receipts from Australia are at a…
Crude Oil
U.S. Proved Oil Reserves Remain Flat, Natural Gas Reserves Decline
Lower crude oil and natural gas prices reversed in 2019 a two-year trend of record high proved reserves in the United States as operators revised down their tot…
Natural Gas
US Gas-Fired Power Generation Set For First Drop Since 2017
Higher natural gas prices this year are expected to result in the first annual decline in U.S. gas-fired electricity generation since 2017.
Coal Trade
German Coal Moves Ahead of Gas for February
A spike in German NCG gas prices in recent sessions has depressed clean spark spreads for February, pushing more coal ahead of gas in the merit order.
Oil Price
2021 Oil Prices Seen Hovering Around $45 per Barrel in 2021
2021 oil prices seen hovering around $45 per barrel in 2021: Moody's Investors Service.
LNG
Low Gas Prices Could Derail Papua New Guinea’s LNG Ambitions
Papua New Guinea first started producing liquefied natural gas in April 2014 when the flagship $19bn PNG LNG project came on-line months ahead of schedule.
Gas power plant
Natural Gas Leads US Power Generation in H1
Cheaper U.S. natural gas prices helped the U.S. Lower 48 states to increase gas-fired power generation by 9% year-on-year in the first half of 2020.
Netherlands
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.
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