Uniper signss long-term agreement with India's AM Green for green ammonia
Uniper, a German state-owned utility, announced on Monday that it had signed a long-term binding agreement with India's AM Green for the purchase of up to 500,000 tonnes of green ammonia each year.
Prices rise due to wind and nuclear shortages
The European day-ahead electricity prices rose on Thursday, as supplies of wind and nuclear power tightened. Demand in France, however, was expected to be unusually high…
Uniper buys hydropower in 2026 and 2027 to hedge against future price increases
In its presentation to analysts on Thursday, German utility Uniper said that it had sold large quantities of future hydropower and nuclear outputs as part of its hedge strategy.
Trade executives say that global LNG demand will rise as new supplies lower prices.
Trading executives at the Asia Gas Markets Conference on Tuesday said that global liquefied Natural Gas (LNG), demand will rebound due to new supply entering the markets…
Woodside signs Williams as an investor for Louisiana LNG construction to accelerate
Woodside Energy, a company based in Australia, has hired U.S.-based Williams to be an investor and operator of the Louisiana Liquefied Natural Gas Plant. This is to…
Williams invests $1.9 billion in Woodside's Louisiana Liquefied Natural Gas venture
The companies announced that U.S.-based Williams would spend $1.9 billion to develop LNG facilities and a pipe for Woodside Energy’s $17.5 billion project in Louisiana involving liquefied gas.
Germany Sets New LNG Import Terminals into Operation
Germany is putting natural gas import terminals into operation as part of the country's efforts to replace piped Russian gas following Moscow's invasion of Ukraine in…
Sources say that the German Economy Ministry is open to the idea of a SEFE-Uniper tie-up.
According to two sources familiar with the situation, the German economy ministry, which is responsible for the ownership of former SEFE Gazprom, would be open to combining…
German LNG Terminals Seek to Replace Russian Gas Pipelines
Germany is putting into operation natural gas import terminals as part of efforts to replace piped Russian gas following Moscow's invasion of Ukraine in 2022.Its first move has been to deploy floating stor
German gas storage is at 75%, but operators are keeping an eye on the winter supply
The German gas storage capacity has been filled to the minimum level required by the European Union for November 1 but INES, a national operator's group, says that it…
French spot prices rise as solar supplies drop
The price of French baseload day-ahead power rose on Thursday. This was due to forecasts that solar generation would decline, which outweighed the effect of lower demand…
Germany's Uniper details 2026, 2027 power hedging for hydro, nuclear
In its presentation to analysts on Thursday, German utility Uniper said that it had sold large quantities of future hydropower and nuclear outputs as part of its hedge strategy.
Prices for Europe GAS remain stable with focus on Norway storage and supply
The wholesale gas prices in the Netherlands and Britain were not much different on Friday morning, as maintenance work in Norway continues to limit supplies. Also, the…
Uniper to build first solar farms in Sweden as part of renewables push
The German utility Uniper said that it is building its first two solar farms in Sweden, as part of an overall company effort to invest in renewable energy. Uniper, in…
Romania: OMV Petrom signs a three-year gas supply contract with Moldova
Romanian oil-and-gas group OMV Petrom signed a contract for three years to deliver gas to Moldova from the Black Sea offshore Neptun Deep project, Romania's Energy Ministry announced on Wednesday.
Energy assets affected due to sanctions and standoff between Russia and the West
On Tuesday, the United States and Russia reached separate agreements to stop attacks on energy and maritime targets. Washington also agreed to press for the lifting of some sanctions against Moscow.
UK electricity capacity auction for 2028/29 clears at 60 pound per kW/yr
The National Energy System Operator (NESO) announced on Tuesday the auction for Britain to secure enough electricity capacity in 2028/29 was cleared at 60 pounds each kilowatt per year.
Gas prices continue to drop in Europe amid healthy supplies
The wholesale gas prices in the Netherlands and Britain continued to drop on Wednesday morning, amid a comfortable supply situation and the prospect that European storage targets will be relaxed.
Spot prices are mixed as German winds set to fall
On Tuesday, the European spot electricity prices for Wednesday were mixed as it was expected that wind power production would fall in Germany but increase in France.
Uniper's hedging strategy includes selling hydropower through 2027.
The German utility Uniper said that it has sold large quantities of future hydropower production as part of an hedging strategy. Uniper sold 30% of German hydropower for 2026…