As El Nino threatens, hydropower plants in the south of Brazil prepare for heavy rainfall
Generators are reviewing their plans to deal with large volumes of water. Scientists believe that a severe El Nino will occur in the next few months. The Brazilian units of China Three Gorges and French Engie…
Mercuria, a commodities trader, forms joint venture with Eni, an Italian major
The Swiss commodities 'trading house Mercuria' and the Italian oil and gas -major Eni - have agreed to form a joint venture. Mercuria announced that the 50:50 joint-venture will be run from its headquarters in Geneva.
Mercuria, a commodities trader, forms joint venture with Eni, an Italian major
The companies announced on Wednesday that they had agreed to form a joint-venture between Swiss commodities trading house Mercuria, and the Italian oil and gas giant Eni. This is part of a…
EUROPE GAS - Prices fall on Iran and US peace deal but recovery pace is now key
Dutch and British natural gas contracts dropped?around 5 percent on Monday morning on the?news that the U.S. will end its war with Iran and reopen Strait of Hormuz. However, the timing of when…
EUROPE GAS - Price rises as Iran War hostilities flare up, LNG supply is tightened
Dutch and British wholesale natural gas contracts increased?on Wednesday morning? as new strikes in the Gulf clouded the outlook for a peace deal, the reopening of Strait of Hormuz as well…
EUROPE GAS-European prices firm on latest US-Iran peace setback
Dutch and British gas contracts were firmed up on Monday, despite the fact that another attempt to end the 'U.S.-Israeli war against Iran' failed. The first Qatari LNG tanker was sailing through…
The price of gas in Europe is rising as the uncertainty surrounding the Hormuz Strait fuels volatility
Dutch and British Gas Contracts on Monday Morning rebounded from heavy losses experienced late on Friday amid mixed messages over the?U.S. - Iran?peace?negotiations and whether or not the Strait of Hormuz is open.
Gas prices in Europe fall ahead of Iran and US peace negotiations
Dutch and British gas prices dropped on Friday morning, as the market took a more cautious approach in anticipation of the upcoming 'peace talks' between the United States & Iran at the weekend.
European benchmark gas prices plummet on Middle East ceasefire agreement
The European benchmark 'gas contract' plunged on the morning of Wednesday after U.S. president Donald Trump agreed to a two-week ceasefire. This raised hopes of a return of oil and LNG through the Strait of Hormuz.
Bangladeshi farmers try solar irrigation when fuel prices rise
Experts say that installing solar panels in or near?crop fields can provide a "better" alternative to the rising costs of fuel for generators. The technology is still not widely used. According…
Prices for gas in Europe fall after Trump delays strikes against Iran power plants
The European benchmark contract for gas fell sharply Monday after U.S. President Donald Trump announced he would delay strikes on Iranian energy infrastructure and power plants, saying that…
EUROPE GAS - European prices fall in line with crude oil as Middle East hopes for de-escalation are raised
Dutch and British wholesale gasoline prices fell from their 3-year highs in the morning of?Tuesday, mirroring oil market movements after?U.S. Donald Trump claimed that the Middle East conflict would end "soon".
The European market is seeking clarity about Qatari LNG supplies, which has led to a reduction in prices.
The Dutch and British gas price were lower on Wednesday, after rising earlier in the week. However, they could still be volatile, as traders try to gauge how long Qatari LNG supply will remain interrupted.
EUROPE GAS - European prices rise on the threat of LNG supply due to US-Iran tensions
Dutch and British wholesale prices for gas rose sharply on Thursday, boosted by tensions between Iran and the U.S. that could affect shipping of LNG. LSEG data revealed that the benchmark Dutch…
Gas prices in Europe are expected to fall due to mild weather.
The Dutch and British wholesale gas prices fell on Wednesday morning as the milder weather and forecasts of windy conditions reduced demand and eased fears over storage depletion. The benchmark…
EUROPE GAS: Prices firm on LNG storage and concerns
The prices of Dutch and British gas contracts were mostly firmer on Friday. This was due to low storage levels and the cold weather that has been continuing. Also, there are concerns about…
EUROPE GAS Prices Hit Multi-Month Highs Due to US Winter Storm and Storage Concerns
Dutch and British gas contract prices rose Monday morning to their highest level in nearly 10 months as the freezing weather in the U.S. curbed LNG exports. This also raised concerns about?European gas storage levels.
EUROPE GAS-European gas prices rise on low storage levels and weak LNG flows
Dutch and British gas contract prices rose on Tuesday. Attention was once again focused on the gas storage which is now "half full", the weaker flow of LNG, and the worsening relationship between Europe and the U.S.
Prices of gas in Europe soar due to cold weather and storage concerns
The Dutch and British wholesale contracts for gas rose by over 8% on Friday as the colder weather forecasts have caused traders to close short positions. The benchmark Dutch front month contract…
EEX Energy Exchange appoints the clearing house chief as its new CEO
Tobias Paulun, who is currently the head of clearing at the European Energy Exchange, will be its new CEO from August 1, EEX announced on Thursday. Paulun takes over Peter Reitz's position as EEX CEO after 15 years.