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Natural Gas
Gas Prices in Europe Hit Record High Amid Supply Concerns
The gas price at the Dutch TTF hub, the benchmark gas price for Europe, jumped early on Thursday in Amsterdam to trade at $221.
Natural Gas
New Pipelines Carrying Natural Gas Plant Liquids Increase Natural Gas Processing
Several of these recent infrastructure projects were dedicated to transporting a mix of natural gas plant liquids (NGPLs), which are produced at natural gas pro…
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
Clean Energy Broke Records in 2021 but Still Can’t Catch up with Oil and Gas
The US is way off track from meeting clean energy goals.
Crude Oil
Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged
War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…
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
Russian Gas Via Yamal Pipeline Halts Flows to Germany
Natural gas flows from Russia to Germany via the Yamal pipeline stopped in the westward direction on Thursday, according to data from the Gascade pipeline opera…
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…
Crude Oil
U.S. Crude Oil Production Unchanged Last Week: EIA
U.S. crude oil production averaged 11.6 million barrels per day (b/d) during the week ending Feb. 25, unchanged from the previous week, U.S. Energy Information …
Oil & Gas Supply
Oil, Gas Demand Eemains Robust
Although the demand for petroleum products and gas remained robust in the domestic economy and households of Pakistan, the output of crude oil and gas from dome…
Oil Price
Unmoved by Surging Oil Prices, OPEC+ Delegates Say Another Modest Output Hike on Tap
OPEC and its allies, including Russia, remain on track to approve a 400,000 b/d production hike for April, according to delegates, insisting that no oil supply …
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 …
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