W.Europe
2023, February, 27, 10:00:00
EUROPEAN ENERGY CRACK
Even though Europe has significantly cut its reliance on Russian gas, a lot of the storage that they used to cut the reliance was actually Russian gas from the past.
2023, February, 22, 11:35:00
EUROPEAN GAS CONSUMPTION DOWN
Overall gas use in the 27-nation European Union plunged by 19.3% from August to January compared with the five-year average for the same period,
2023, February, 22, 11:15:00
DANISH WIND CAPACITY + 9 GW
At the end of 2021, offshore wind represented 14% of Denmark’s installed capacity with 2.3 GW (4.7 GW for onshore wind).
2023, February, 22, 11:10:00
UZBEKISTAN'S RENEWABLES + 4.3 GW
Uzbekistan will allocate US$15.4bn to the development and building of these renewable projects.
2023, February, 22, 11:05:00
NORWAY OIL, GAS PRODUCTION 1.979 MBD
Preliminary production figures for January 2023 show an average daily production of 1 979 000 barrels of oil, NGL and condensate.
2023, February, 17, 11:05:00
EUROPEAN GAS PRICES WILL BE HIGH
Gas markets are in “better shape than many expected one year ago,” IEA Executive Director Fatih Birol said. “But the reality is that winter 2023-2024 is likely to be the real test.”
2023, February, 13, 13:40:00
EUROPEAN GAS PRICES DOWN AGAIN
Benchmark futures are now trading just above €50, near the lowest levels since September 2021.
2023, February, 8, 12:40:00
FRANCE'S, INDIA, UAE ENERGY COOPERATION
The UAE's Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed Al Nahyan, France's Minister for Europe and Foreign Affairs Catherine Colonna and India's Minister of External Affairs Subrahmanyam Jaishankar agreed to establish a formal trilateral cooperation initiative last September
2023, February, 6, 13:00:00
NUCLEAR SANCTIONS FOR RUSSIA
Ukraine, whose largest nuclear power plant, Zaporizhzhia, has been under Russian military control since early March 2022, has been calling for the sanctions to include the nuclear energy sector.
2023, February, 3, 11:20:00
RUSSIAN GAS TO EUROPE DOWN AGAIN
Total Russian pipeline exports to Europe in January via the two remaining major supply routes were 36% down on deliveries in December and 79% lower year on year.
2023, February, 3, 11:10:00
GERMAN WIND ENERGY 7 GW
Germany targets 30 GW of offshore wind by 2030. The country had 7.7 GW of offshore wind installed capacity at the end of 2021.
2023, February, 3, 10:55:00
NORWAY PENSION FUND RETURNED -14.1%
In 2022, the Government Pension Fund Global returned -14.1 percent, equivalent to -1,637 billion kroner.
2023, February, 1, 12:10:00
VETO FOR RUSSIAN SANCTIONS
"National consultations have clearly shown that the Hungarians do not want sanctions, because they will not help Ukraine, they will not bring Russia to its knees and will only cause terrible damage to Europe and Hungary," Orban stressed. He believes the results of the national consultations will be a significant help in his discussions with the leadership of the EU and other countries.
2023, February, 1, 12:05:00
EUROPEAN GAS PRICES UPDOWN AGAIN
The cold spell next week signals the possibility of heavier withdrawals from the region’s gas storage sites, though inventories are still almost 73% full and well above average levels of the last five years.
2023, January, 30, 11:40:00
EUROPEAN GAS PRICES DECLINE ANEW
Benchmark futures fell as much as 3.5%. While the continent’s gas inventories dropped last week amid a cold spell, they are still far above historic averages.