World Energy News

EUROPE GAS - European prices stable in a new lower range

The Dutch and British contracts for gas were slightly weaker Thursday, but they remained at 18-month lows, hit earlier in the week, due to milder weather and abundant supply, as well as hopes of a Ukraine Peace Deal. However, some winter risks still remain. LSEG data shows that the…
China is preparing for a record-breaking winter in terms of power and gas consumption.

An official of the National Development and Reform Commission said that the peak demand for electricity in China and the peak gas consumption will both be at their highest levels ever recorded this winter. The winter and summer are the peak seasons for electricity demand due to heating and cooling.
Palm oil prices rise before the Dalian trading stoppage

The Globex electronic trading system was down on Friday, and all Bursa Malaysia derivatives were affected. The benchmark palm-oil contract for February delivery at the Bursa Derivatives exchange gained 22 ringgit or 0.54% to 4,112 Ringgit ($995.88). This was its third consecutive…
Prices for gas in Europe are on the rise due to low storage levels

The Dutch and British wholesale prices of gas rose slightly on Friday morning after falling to a 18-month low Thursday, as weaker storage levels supported the price increase. LSEG data shows that the benchmark Dutch front-month contract was up 0.33 euros at 29.35 Euro per megawatt hour or $9.96/mmBtu at 0929 GMT.
EIA data show that US oil production reached a record high in September.

The Energy Information Administration (EIA), which released data on Friday, showed that U.S. crude oil production reached a new record in September, despite concerns about oversupply. Oil production in the U.S. continues to reach record levels despite weak prices, which further weighs on global oil prices.

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Shale Oil & Gas

Japan's Kashiwazaki-Kariwa nuclear plant could restart in January, Jiji reports

Jiji News Agency quoted the director of the Kashiwazaki Kariwa Nuclear Power Plant, Japan's largest nuclear plant. The restart could happen as early as January, pending the consent of regional authorities. Last week, a regional governor in Japan gave his approval for a partial restart at the plant. This is as Japan attempts to revitalize its nuclear sector while reducing fossil fuel imports. Niigata…

LNG

Saudi Aramco to Sign US LNG Supply Agreements

Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia's Crown Prince Mohammed bin Salman visits Washington next week, sources familiar with the matter told Reuters.The world's largest oil exporter, Saudi Aramco, wants to become a major liquefied natural gas player, especially in the United States, where LNG capacity is set to almost double over the next four years. It has already signed deals with other U.S.

Renewables

EUROPE GAS - European prices stable in a new lower range

The Dutch and British contracts for gas were slightly weaker Thursday, but they remained at 18-month lows, hit earlier in the week, due to milder weather and abundant supply, as well as hopes of a Ukraine Peace Deal. However, some winter risks still remain. LSEG data shows that the benchmark Dutch front-month contract was 29.05 euros per Megawatt Hour (MWh) or $9.86/mmBtu at 0925 GMT. This is a decrease of 0.20 euros.

EUROPE GAS - European prices stable in a new lower range

China is preparing for a record-breaking winter in terms of power and gas consumption.

Palm oil prices rise before the Dalian trading stoppage

Prices for gas in Europe are on the rise due to low storage levels

EIA data show that US oil production reached a record high in September.

Sources say that OPEC+ will maintain its oil production policy.

Kurdish Prime Minister says Iraq's Khor Mor gas field will restart production in hours

Sources say that OPEC+ will maintain its oil production policy on Sunday.

Latest news

UK court rejects challenge to the issuing of oil exploration licenses

Gazprom reports a net profit of $1.72bn for the third quarter, compared to a loss of $1.2bn a year ago

UK court lifts BB Energy’s injunction to allow the sale of South Sudan oil cargo

The UK's FTSE 100 is set to drop for the first time in five months despite recent gains

German Protest on Monday is boosted by lower wind output

Japan: Energy security is important when it comes to energy from abroad, including Sakhalin-1.

The central bank of Russia says that the discount on Russian Urals oil prices has increased to 23% by November.

The central bank of Russia says that the discount on Russian Urals oil prices has increased to 23% by November.

Dalian's strength and VEGOILS extends its advantage over Malaysian weather concerns

Serentica, a KKR-backed company, may raise as much as $8 billion for India's green energy expansion

After drone attack, operations at major Iraqi gas fields are suspended

Shale Oil & Gas

Japan's Kashiwazaki-Kariwa nuclear plant could restart in January, Jiji reports

The central bank of Russia says that the discount on Russian Urals oil prices has increased to 23% by November.

The central bank of Russia says that the discount on Russian Urals oil prices has increased to 23% by November.

After drone attack, operations at major Iraqi gas fields are suspended

LNG

Saudi Aramco to Sign US LNG Supply Agreements

Canada Names Ksi Lisims LNG Project for Fast-Tracking

US Natural Gas Futures Reach Eight-Month Peak

Ukraine Increases US LNG Imports via Poland for Winter

Renewables

EUROPE GAS - European prices stable in a new lower range

Japan: Energy security is important when it comes to energy from abroad, including Sakhalin-1.

Dalian's strength and VEGOILS extends its advantage over Malaysian weather concerns

French prompts to be cut by more than half due to forecasted weaker demand

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