Midstream
![Midstream](/cache/01-23/germany-3.33f01d02.jpg)
2023, January, 9, 12:25:00
GERMANY'S GAS CONSUMPTION DOWN
Germany exported around 501 TWh of natural gas in 2022 (749 TWh in 2021). As a result, at 948 TWh, more natural gas was available in Germany in 2022 than in 2021 (902 TWh).
![Midstream](/cache/01-23/energy-5.8d1ea06a.jpg)
2023, January, 9, 12:20:00
GLOBAL ENERGY TRENDS 2023
Electric utilities are facing a future of increased competition, disruptive technologies, and changing customer demands.
![Midstream](/cache/01-23/russia-12.a84bb1c7.jpg)
2023, January, 5, 16:30:00
RUSSIAN OIL EXPORTS DOWN
Russia said Dec. 28 it will ban crude supplies to countries that observe the G7's $60/b price cap from Feb. 1 for five months. The retaliatory move, which applies at all stages of supply to the final buyer, had been widely flagged by Russia and expected by the global oil market.
![Midstream](/cache/01-23/price-51.0315b552.jpg)
2023, January, 5, 16:25:00
EUROPEAN GAS PRICES UPDOWN YET
Dutch front-month futures, the European gas benchmark traded 2% higher at to €66.30 per megawatt-hour by 12 p.m. in Amsterdam. The UK equivalent contract also rose. German power for next month increased 2.3% to €166 per megawatt-hour.
![Midstream](/cache/12-22/japan-3.ae7b56fb.jpg)
2022, December, 27, 12:45:00
JAPAN NEED MORE LNG
The deals come as Japan’s government is reevaluating how it can enhance energy security in the face of a fuel crunch at home. Global LNG supply is slated to remain tight for years, which threatens to increase import costs and add to rising inflation.
![Midstream](/cache/12-22/price-43.ac6116af.jpg)
2022, December, 19, 12:05:00
EUROPEAN GAS PRICES UPDOWN YET
Dutch front-month futures, Europe’s gas benchmark were down 1.3% at €114 a megawatt-hour at 8:51 a.m. in Amsterdam.
![Midstream](/cache/12-22/price-41.9fa7d21d.jpg)
2022, December, 19, 11:55:00
EUROPEAN GAS MARKET: DISTORTED
Russia's war against Ukraine that started in February has exacerbated gas prices. But the excesses of the TTF had already been detected before, with rises of more than 700% in 2021.
![Midstream](/cache/12-22/oil-1.f0675465.jpg)
2022, December, 16, 12:40:00
GLOBAL OIL DEMAND UP BY 2.3 MBD
The IEA predicts oil demand will rise by 2.3 million b/d in 2022 and by a further 1.7 million b/d in 2023, noting the contrast between strong gasoil and diesel use, especially in non-OECD economies, and weak petrochemical consumption in Europe and Asia.
![Midstream](/cache/12-22/price-40.df83e3af.jpg)
2022, December, 16, 12:35:00
EUROPEAN GAS PRICES DOWN AGAIN
Dutch front-month gas futures, a European benchmark, were 5% lower at €128 a megawatt-hour at 8:40 a.m. in Amsterdam.
![Midstream](/cache/12-22/usa-11.705c5d10.jpg)
2022, December, 16, 12:05:00
U.S. OIL INVENTORIES UP BY 10.2 MB TO 424.1 MB
U.S. commercial crude oil inventories increased by 10.2 million barrels to 424.1 million barrels.
![Midstream](/cache/12-22/russia-6.87ca9913.jpg)
2022, December, 13, 13:55:00
RUSSIAN OIL TO ASIA 3 MBD
Export loadings of Russian crude averaged 3.02 million b/d in the week ending Dec. 11, little changed from the week before and in line with the November average of 3.07 million b/d
![Midstream](/cache/12-22/price-34.28756b10.jpg)
2022, December, 13, 13:50:00
EUROPE NEED MORE GAS
Despite Russia slashing gas deliveries this year, Europe has averted a severe shortage and started the winter with brimming gas storage tanks
![Midstream](/cache/12-22/usa-8.106bc3ae.jpg)
2022, December, 13, 13:40:00
U.S. LITHIUM-ION BATTERY INVESTMENT $2.5 BLN
The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.
![Midstream](/cache/12-22/india-2.dce37515.jpg)
2022, December, 7, 11:50:00
RUSSIAN OIL FOR INDIA UP
Seaborne exports of Russian crude averaged 3.07 million b/d in November, down from 3.09 million b/d in October and just below the pre-war average of 3.1 million b/d in January and February.
![Midstream](/cache/12-22/russia-4.536ba28a.jpg)
2022, December, 7, 11:45:00
RUSSIAN GAS FOR EUROPE DOWN ANEW
Russia gradually choked its gas supply to Europe through 2022, ending deliveries via Yamal-Europe and Nord Stream, and sharply cutting exports via Ukraine.