energy-market-development

Image for Exxon considers selling stake in LNG terminal offshore ItalyTop Stories

Exxon Considers Selling Stake in Lng Terminal Offshore Italy

Image for IEA says Europe must act now to avoid winter 2023 gas shortagesTop Stories

Iea Says Europe Must Act Now to Avoid Winter 2023 Gas Shortages

Image for Factbox-How Germany’s gas price brake is helping reeling industryTop Stories

Factbox-How Germany’s Gas Price Brake Is Helping Reeling Industry

Image for Glencore to place Nordenham zinc smelter on care and maintenance from Nov 1Top Stories

Glencore to Place Nordenham Zinc Smelter on Care and Maintenance From Nov 1

Image for What is known so far about the Nord Stream gas pipeline leaks

What Is Known so Far About the Nord Stream Gas Pipeline Leaks

Date: September 27, 2022

By Nina Chestney LONDON (Reuters) – Unexplained gas leaks detected in the Nord Stream 1 and 2 pipelines from Russia to Germany have prompted investigations by European countries into the cause, including possible sabotage. Denmark’s armed forces on Tuesday released video showing bubbles rushing to the surface of the Baltic Sea above the pipelines, and...

Image for Yamal-Europe eastward gas flows resume as Nord Stream lays idle

Yamal-Europe Eastward Gas Flows Resume as Nord Stream Lays Idle

Date: September 5, 2022

(Reuters) -Eastbound natural gas flows via the Yamal-Europe pipeline to Poland from Germany resumed on Sunday, pipeline operator data showed on Monday, while Nord Stream 1 supplies to Germany via Russia were suspended. Exit flows at the Mallnow metering point on the German border resumed late on Sunday and were at 509,617 kilowatt-hours per hour...

Image for Most of BP’s Whiting refinery units shut following fire -sources

Most of BP’s Whiting Refinery Units Shut Following Fire -Sources

Date: August 26, 2022

HOUSTON (Reuters) -Most of the units at BP Plc’s 435,000 barrel-per-day Whiting, Indiana, refinery were out of production on Thursday following a Wednesday night fire, said sources familiar with plant operations. The company has said some units were shut by the electrical fire and those units would be restarting. The timing of the restart had...

Image for Exclusive – Uniper could swap Australian LNG for Atlantic gas to supply Europe quicker

Exclusive – Uniper Could Swap Australian Lng for Atlantic Gas to Supply Europe Quicker

Date: August 12, 2022

By Vera Eckert and Marwa Rashad FRANKFURT/LONDON (Reuters) – Germany’s Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia’s Woodside for U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said. The strategy reflects efforts by companies and governments across Europe to seek alternative...

Image for Eastbound gas flows via Yamal-Europe pipeline rise

Eastbound Gas Flows via Yamal-Europe Pipeline Rise

Date: August 9, 2022

LONDON (Reuters) – Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany rose significantly on Tuesday while physical flows via the Nord Stream 1 pipeline from Russia to Germany remained stable. Exit flows at the Mallnow metering point on the German border stood at 4,433,549 kilowatt hours per hour (kWh/h) on Tuesday morning,...

Image for European gas storage on track to meet target but at a cost

European Gas Storage on Track to Meet Target but at a Cost

Date: August 4, 2022

By Bozorgmehr Sharafedin LONDON (Reuters) – European countries are on track to reach a gas storage filling target by the start of this winter, but the cost of replenishing stocks will be over 50 billion euros ($51 billion), 10 times more than the historical average of filling up tanks for winter. European governments had been...