US NatGas Demand Could Hit Record High
U.S. spot natural gas and power prices soared to multi-year highs in several parts of the country with extreme cold expected to boost gas demand to a daily record high on Tuesday.Extreme weather has created havoc for power and gas markets in recent years as demand has come close to outpacing supply.In February 2021…
Prices rise for low LNG storage and concerns about prices
The wholesale gas prices in the Netherlands and Britain rose mostly on Tuesday morning as withdrawals from storage sites for gas and uncertainty about LNG supply continued to support. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub increased by 0.78 euros to 48.50 euro per megawatt hour, or $14.70/mmBtu by 0914 GMT.
Gas prices in Europe are lower due to milder temperatures
The prices of Dutch and British gas wholesale fell on Friday as the forecast for milder weather curbed demand. According to LSEG, the benchmark front-month contract for the Dutch TTF hub had fallen 0.30 euros at 46 euros per Megawatt Hour (MWh), which is $13.88 /mmbtu by 0925 GMT.
Russia launches new missiles at Ukraine and targets its gas infrastructure
Russia has launched another barrage of drones and missiles against Ukraine, this time targeting the gas infrastructure in western regions. This is the latest attack on Ukraine's crippled power system just as winter approaches. Volodymyr Zelenskiy, the president of Ukraine, said…
EUROPE GAS-Prices increase on TurkStream news and wider supply concerns
Dutch and British wholesale prices of gas rose on Monday due to reports about attempted attacks on Russian pipelines, low levels of storage, new U.S. energy sanctions and forecasts that the weather will be colder and less windy. LSEG data shows that the benchmark front-month contract…
Prices fall in Europe due to milder weather and abundant LNG
The Dutch and British wholesale gas price fell on Friday morning due to forecasts of mild weather and winds next week, and because higher prices in Asia led to more LNG flowing into Europe. LSEG data revealed that the benchmark front-month contract for the Dutch TTF hub had fallen 1.60 euros to 43.70 euros (MWh) or $13.19 /mmBtu by 0931 GMT.
EUROPE GAS prices in tight range due to strong LNG flow and warmer weather forecast
The Dutch and British wholesale prices of gas traded in a narrow band on Thursday morning. Market participants expect further declines due to forecasts of warmer weather and high flows of LNG. LSEG data shows that the benchmark front-month contract for the Dutch TTF Hub was down 0.50 euro at 44.90 Euro per megawatt hour…
Prices for gas in Europe are mixed due to the Norwegian gas outage and forecast warmer weather.
The Dutch and British wholesale prices of gas were mixed on Wednesday morning as a supply interruption in Norway reduced availability, but milder temperatures predicted towards the end the month should increase the availability. LSEG data indicated that the benchmark front-month…
EUROPE GAS - Prices rise due to colder weather forecast and transit concerns in Ukraine
Dutch and British wholesale prices for gas rose on Friday, boosted by cold weather forecasts in January and the fading hope of a new agreement to transit Russian gas via Ukraine. By 0914 GMT, the benchmark front-month contract for the Dutch TTF hub had increased by 1.27 euros to 46.80 euros/megawatt hour or $14.36/mmBtu.
AI's hunger for energy fuels geothermal startup but rivalry over natgas clouds the future
The number of geothermal energy startups is on the rise, as Big Tech companies look to power their AI data centers with natural gas. However, long-term investment remains uncertain because oil majors are doubling down on natural gases. Meta and Alphabet’s Google are two of the…
US offshore driller requests judge block insurers' demand for $250 million collateral
W&T Offshore is an independent driller in the U.S. Gulf of Mexico. It has asked a federal court to block the insurance companies' demand for $250 million additional collateral in exchange for tearing down old oil infrastructure. Offshore drilling companies are under increasing…
US offshore driller requests judge block insurers' demand for $250 million collateral
W&T Offshore is an independent driller in the U.S. Gulf of Mexico. It has asked a federal court to block insurance company demands for additional collateral of $250 million for tearing down old oil infrastructure. Offshore drilling companies are under increasing pressure to issue…
Prices of EUROPE Gases drop on forecast for warm weather
Dutch and British wholesale prices of gas were lower on Monday due to a forecast for warmer weather and the market ignoring the geopolitical developments that have taken place in Syria. By 0948 GMT, the benchmark front-month contract for the Dutch TTF hub had fallen 0.81 euros to 45.56 Euro per Megawatt Hour (MWh), which is $14.38/mmbtu.
EUROPE GAS Benchmark hits 13-month-high on lower Russian flow and colder outlook
On Monday, the European benchmark gas contract reached its highest level for 13 months as Russian gas flows via Ukraine were slowed down slightly. Colder weather was forecast and gas storage levels continued to fall in Europe. By 0912 GMT, the benchmark front-month contract for the Dutch TTF Hub rose by 1…
Prices of EUROPE GAS stabilize as the market waits for new stimuli
The Dutch and British wholesale prices of gas were mostly unchanged on Friday morning, amid a muted market and some profit-taking. Weather and supply forecasts remained the same. By 1004 GMT, the benchmark front-month contract for the Dutch TTF hub had fallen by 0.37 euros to 45.91 euro per megawatt (MWh) or $14.21/mmBtu.
UN: Companies and countries are lagging behind in tackling methane emissions
Since the U.N. began monitoring oil and gas infrastructure for leaks of methane last year, 1,200 alerts have been sent to government and company officials. Only 12 out of the 2,000 alerts for large plumes, or 1%, were followed up with "substantive" action to stop the leaks. This was according to the report released by the U.N.
Prices for EUROPE GAS are near their highest levels in a year due to supply concerns and storage drawbacks
Dutch and British wholesale gas prices were roughly flat on Friday, near their one-year-highs. Profit-taking was offset with ongoing concerns about Russian supply as well as cold weather reducing gas stocks. LSEG data show that the benchmark contract for the first month at TTF's…
Prices for gas in Europe fall amid profit-taking but remain near the year high
The Dutch and British wholesale price fell on Tuesday morning due to profit-taking, but they remain at their highest levels so far this season as temperatures dropped. LSEG data shows that the benchmark front-month contract for the Dutch TTF hub fell 0.60 euros to 43.30 Euro per megawatt hour or $13.48/mmbtu at 0918 GMT.
EUROPE GAS-Prices firm as temperatures drop
Dutch and British wholesale price rose on Monday morning due to the colder weather forecast. LSEG data shows that the benchmark front-month contract for the Dutch TTF Hub rose by 1.00 euros to 43.15 Euro per Megawatt Hour (MWh), which is $13.51/mmbtu by 0921 GMT. The British day-ahead contract increased by 3.00 pence to 109.15 cents per therm.
Gas prices in Europe rise on cold weather forecast
Dutch and British wholesales prices increased on Friday morning. They reached their highest level in over a week due to the expected cooler and less windy conditions in Europe. LSEG data shows that the benchmark front-month contract for the Dutch TTF Hub gained 0.85 euro to 42.45 Euro per Megawatt Hour (MWh), which is $13.41/mmbtu by 0949 GMT.
