Tag Archives: Europe

European demand for natural gas remained near the bottom of the five-year seasonal levels in August, helping inventories end the month at around 93% full, data from the Joint Organizations Data Initiative (JODI) showed on Monday. Europe’s gas demand, measured in consumption in the EU and the UK, has trended …

LNG demand in Asia and Europe is beginning to rise ahead of the peak winter season amid a calmer market compared to last year’s chaos and record-high prices. But neither Europe nor Asia should be complacent about winter gas supply as winter weather, delivery disruptions, and geopolitical tensions could upend …

India’s diesel exports loading for Europe hit a record high in September amid open arbitrage for westbound shipments, Reuters reported on Wednesday, citing tanker-tracking data and analysts. Last month, diesel cargoes loading from India and bound for Europe averaged between 280,000 barrels per day (bpd) and 303,000 bpd – or …

Europe is losing the global race for solar components manufacturing due to high energy and labor costs and supply chain issues, according to solar industry executives who say the EU lacks incentives for manufacturers to plan future investments. Following the Russian invasion of Ukraine and facing competition from China and …

Europe’s solar power industry has warned policymakers not to impose tariffs on imports, amid fears that disrupting supplies of products from China would seriously damage Europe’s ability to rapidly install clean energy. The call comes as Brussels and European governments consider tougher action on imports as they seek to expand …

Gas prices are still expected to stabilise heading into winter despite a recent rise in spot prices on European benchmarks, energy experts have said. The UK Natural Gas Futures benchmark rose 7.2 per cent to £1.10 per therm this morning, while the Dutch TTF Futures rose 7.1 per cent to …

The benchmark natural gas prices in Europe and the UK dropped early on Friday after Chevron and trade unions settled a labor dispute which led to the unions calling off the strikes at two large LNG export facilities in Australia. The front-month futures at the Dutch TTF hub, the benchmark …

Turkmenistan’s huge gas reserves have been generating considerable interest from potential importers following Ashgabat’s announcement in late July that it is open to the development of a pipeline to carry its gas across the Caspian and on to Europe. Most significant so far has been the interest shown by Hungary, …

European natural gas prices held gains as escalating strikes in Australia add to concerns about supply disruptions from Norway and a major export facility in the US. Benchmark futures rose as much as 3.2% on Thursday, after jumping to the highest in over two weeks in the previous session. Liquefied …

European gas prices jumped on Friday after workers at liquefied natural gas facilities in Australia began strike action, stoking fears of disruption to global supplies. Prices of TTF, the European benchmark, rose 13 percent to €34.50 per megawatt hour ($10.8 per million British thermal units) according to LSEG data. The …