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LNG
Japan’s Niihama LNG Terminal Starts Operations
Japanese joint venture Niihama LNG has launched terminal operations, starting with an LNG delivery to Japanese firm Sumitomo Chemical for use as a feedstock and…
Crude Oil
Russia’s Oil Exports Are Plunging Even Without Sanctions
While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …
Natural Gas
Brazil 2021 Gas Demand up 29pc as Thermal Jumps
Brazil's domestic natural gas consumption rose last year by 29pc, boosted by the expansion of thermal power generation, according to data from Brazilian gas dis…
Natural Gas
European Gas Rally Continues with Focus on Sanctions on Russia
European natural gas surged for a fourth day as the market continues to focus on sanctions on Russia in response to its invasion of Ukraine.
United Kingdom
Jump in Energy Prices Leaves Price Cap Predictions at Over £2,900 a Year
Wednesday’s significant rise in the price of wholesale gas has once again sent predictions for the Winter Default Tariff Cap rocketing upwards, with Cornwall I…
United Kingdom
Energy Costs Extremely Volatile After Russia Invades Ukraine
Cornwall Insight’s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from 23 Feb t…
Offshore Wind Power
Renewable Power Capital Enters Swedish Market with 100% Acquisition of Onshore Wind Farm From OX2
Renewable Power Capital has committed to acquire the Klevberget onshore wind farm, with a capacity of 146 MW, in their first Swedish deal.
Wind Farm
CPP Investments Supports Renewable Power Capital’s New Investments in European Onshore Renewables
Renewable Power Capital (RPC) entering the Swedish market with 100% acquisition of onshore wind farm from OX2
Crude Oil
Russian Urals Differentials Weaken $6.805/b Day on Day to New Record Low
Russian Urals crude has collapsed by $6.805/b day on day, further breaking its lowest ever discount to Brent as the pressure from international sanctions takes …
Oil & Gas Trade
Russia’s Feb Oil Output Rises, Trading Paralysed by Sanctions
Russia’s oil and gas condensate output C-RU-OUT rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax…
Crude Oil
Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources
Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…
Nuclear Power Plant
China Voices Concerns for Safety of Ukraine's Nuclear Facilities
China's Permanent Representative to the United Nations in Vienna Wang Qun on Wednesday expressed concern for the safety of nuclear facilities in Ukraine amid th…
Oil & Gas Supply
Sanctions on Russian Energy ‘on the Table,’ White House Says
The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it …
Crude Oil
Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows
Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows conf…
Oil & Gas Supply
ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis
The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.
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