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Oil & Gas Trade
EIA Sees Electricity Demand, Gas Prices Impacting US Fuel Mix This Year
US natural gas storage tanks. Credit: Anton Zubchevskyi via Shutterstock.Just-released forecasts from the US’s Energy Information Administration has predicted …
Electricity Trade
Irish Power Prices Expected to Drop as Gas Storage Levels Remain High
New forecasts from Cornwall Insight’s SEM Benchmark Power Price Curve indicate power prices are set to fall in 2024-25. Power prices are expected to drop …
Hydrogen Project
EWE to Link Gas Storage Site to Germany's Hydrogen Network
German energy service provider EWE plans to connect its gas storage site in Ruedersdorf, near Berlin, to the hydrogen core network that is being developed throu…
Oil & Gas Supply
Italy Drops Plans for $5.2 Bln Tariff to Cover Gas Storage Costs
Italy's energy authority said it had shelved plans for a tariff to cover the cost of keeping gas stockpiles full, following widespread criticism from energy…
Oil & Gas Trade
Ukrtransgaz to Invest Over $26 Mln in Gas Storage Facilities in 2024
Ukrtransgaz will invest UAH998.277 million (about $26.4 million at the current exchange rate) in natural gas storage facilities this year in line with the plan …
Oil Pipeline
Williams to Buy Natural Gas Storage Assets for $1.95 Bln
Pipeline operator Williams (WMB.N) said on Wednesday it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 b…
Oil and Gas Equipment
China's Largest Gas Storage Facility Creates Daily Extraction Record
China's largest gas storage facility Hutubi extracted a record 38 million cubic meters of natural gas on Saturday, as part of efforts to increase gas produc…
Oil & Gas Trade
Four Suitors Offer More Than 600 Mln Euros for Edison Gas Storage - Sources
General view of EDF's Italian subsidiary Edison thermoelectric power plant in Marghera, Italy, January 25, 2023. Edison/Handout via REUTERS/File Photo Acqui…
Oil Price
U.S. Natural Gas Prices Slip From Seven-Week High
Benchmark U.S. natural gas prices fell by 2% early on Friday.Thursday’s weekly gas storage report from the EIA was slightly on the bearish side, as net in…
Natural Gas
Europe’s Gas Storage Levels Forecast to Finish Winter Higher Than 2020
Modelling from Cornwall Insight suggests European gas storage levels will end this winter between 45-61% full, with an average of 55% and could reach 88-100% fu…
Hydrogen Project
RWE Submits Planning Approval Documents for Hydrogen Storage Facility in Epe, Gronau
This week, RWE Gas Storage West submitted planning approval documents to Arnsberg District Government for the construction of a hydrogen storage facility in Epe…
Natural Gas
Proved Gas Reserves in U.S. Grow To 625.4 Tcf
Proved reserves of natural gas in the United States grew to a new record of 625.4 trillion cubic feet (Tcf) in 2021, the latest year in which full statistics ar…
Natural Gas
Germany's Natural Gas Storage Facilities Pass 95% November Target
Germany's natural gas storage facilities passed the 95% target for November three weeks ahead of schedule on Thursday.
Natural Gas
Germany’s Natural Gas Storage Will Last for Two and a Half Months
Gas storage sites in Germany, now nearly 90% full, will be empty after the winter, German Economy Minister Robert Habeck said on Monday.
Natural Gas
Germany Likely to Miss Gas Storage Targets, Warns Energy Regulator
Germany is likely to miss a November target for gas storage levels set by the government to avoid an energy crisis.
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