Energy - Europe

European gas prices hit new lows as demand weakens, supply rises

European gas prices hit new lows as demand weakens, supply rises

Producers and system operators are delaying non-essential spring and summer maintenance due to the coronavirus pandemic, which is adding volumes to the market. The...

UK GAS-Prices slump on weak demand

UK GAS-Prices slump on weak demand

The day-ahead contract was 1.25 pence lower at 9.25 pence per therm at 0855 GMT. The within-day contract dropped by 1.50 p to 9.75...

LNG tankers heading to Britain, Belgium and the Netherlands

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below. Some tankers heading for Belgium...

UK GAS-Day-ahead down amid weak demand, oversupply and quiet trade

UK GAS-Day-ahead down amid weak demand, oversupply and quiet trade

The system was oversupplied by 8 million cubic metres (mcm) with demand forecast at 173 mcm and flows at 182 mcm/day, National Grid data...

Yamal LNG on fast boat to China as Northern route melts early

Yamal LNG on fast boat to China as Northern route melts early

This year's opening is more than a month earlier compared to 2019, when first vessel to go via the route left Yamal LNG on...

Russia’s Transneft, Rosneft in row over oil transport costs

Russia’s Transneft, Rosneft in row over oil transport costs

Transneft and Rosneft are headed by allies of Russian President Vladimir Putin and have had a long history of differences over number of issues...

Oil steady on signs of output cuts but demand concerns weigh

Oil steady on signs of output cuts but demand concerns weigh

June WTI contract hits 9-week high before Tuesday's expiry No sign of WTI plunge seen at previous month's expiry OPEC+ exports down sharply in...

Poland expects Russia to continue gas transit to Europe

Poland expects Russia to continue gas transit to Europe

The new mechanism entered into force on May 17 and there is a client who uses the new mechanism. One can assume that it...

Germany, Netherlands to sign deal to cooperate on electricity grids

Germany, Netherlands to sign deal to cooperate on electricity grids

The German and Dutch governments have been in talks on the matter for months but officials say Berlin has not decided yet whether to...

Poland to use more LNG as coronavirus speeds coal’s decline

Poland to use more LNG as coronavirus speeds coal’s decline

The state-run PGNiG is a shareholder in PGG, Poland's biggest coal producer, which is struggling to survive the impact of low coal prices. The...

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