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Electricity Trade
Electricity Price Hike of up to 135 Percent Announced in BiH, Serbia
Companies in Bosnia and Herzegovina, and Serbia have received announcements from their suppliers that the price of electricity would increase as high as 70-135 …
Coal Production
Asia-Pacific Coal Shortages Boost NE Asian Prices
The South Korean coal market extended gains this week on the back of spiralling global seaborne prices and tight availability exacerbated by heavy rainfall acro…
Crude Oil
Oil Rises 4% in Week as Energy Crunch Shows no Signs of Easing
Even with worldwide demand growing as economic activity rebounds from pandemic lows, the Organization of the Petroleum Exporting Countries and allied producers …
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.
Serbia
Serbia would Buy 10% in Any Nuclear Power Plant in Region
The government would “immediately buy” 10% in any nuclear power plant in the region to bolster its energy security, he stressed.
Market Analysis
Global Energy Crisis Drives U.S. Coal Prices to Two-Year High
The global energy crisis is rippling into U.S. coal markets, with prices hitting a two year high due to surging demand and years of supply cuts.
Energy Crunch: Three more UK Power Firms Collapse
Record prices for natural gas have pushed three more United Kingdom energy firms out of business.
Oil Price
UAE Petrol Prices to Edge Higher in October
Motorists across the Emirates will pay more at the pumps for both petrol and diesel
Crude Oil
Oil Price Falls for Second Day as Supply-Driven Rally Peters Out
Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.
Natural Gas
Unprecedented High Gas Price: Security of Global Supply at Risk?
The price for October future at the TTF Hub reached $1,031 per 1,000 cubic metres.
Market Analysis
SK Hynix CEO Not Concerned about Electric Power Shortage in China
SK Hynix’s plant in China faces no problem regarding the recent electricity shortage in China, the company's CEO said on Sept. 28.
OPEC
Biden Administration Begs OPEC+ Again To Bring Down Oil Prices
And the Biden Administration’s outreach regarding oil prices doesn’t stop with OPEC, Psaki said.
Wind Power Project
Statkraft Sells Andershaw Wind Farm
Statkraft, Europe’s largest generator of renewable energy, has today announced the sale of Andershaw Wind Farm in Scotland, to Greencoat UK Wind PLC for a purc…
Market Analysis
China’s Coal Shortage could Leave Other Countries in the Dust
China is in dire need of more coal, and it’s willing to pay ‘any price’ to secure more of the world’s dirtiest fossil fuel – which means other countries ri…
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