UK natural gas prices for same-day delivery spiked as high as 150 pence/therm ($22.80/MMBtu) early Friday as a key pipeline that carries gas to the country from Continental Europe halted operations against a backdrop of cold weather and low ...
Tags: Gas Market, Interconnector Outage, Chemicals
Spot gas prices on the UK's NBP trading hub were moving around the 76.00 pence/therm mark Thursday morning -- around 6 p higher than the end of February -- as cooler than normal temperatures are expected next week and medium-range storage ...
Tags: Spot gas, NBP trading hub, torage facility
Gas for day-ahead delivery continued to fall Wednesday from Monday's seven-year high following a return to operations of the Norwegian Nyhamna processing terminal and strong imports, which saw the system well supplied with little reliance ...
Tags: UK, Gas, gas industry
The Interconnector [IUK] pipeline is nominated to ship a "massive record high" of gas from Belgium to the UK Tuesday, Platts' unit Bentek Energy said, following supply disruptions which drove a large price premium for UK gas Monday. ...
Tags: Interconnector, pipeline, gas
UK natural gas for same-day delivery rose to 108 pence/therm Monday morning -- a price the market has not closed above since 2006 -- due to unplanned North Sea outages. Stormy weather caused a failure in the Norwegian power grid system ...
Tags: gas, natural gas, oil pipeline system
Prompt prices gained value Thursday morning on the UK's NBP gas trading hub as demand rose, storage facilities were heavily utilized and temperature forecasts were revised lower. At 1200 London time, same- and next-day contracts were ...
Tags: gas trading hub, UK, natural gas
Prompt prices eased Tuesday morning on the UK's NBP gas trading hub as an uptick in demand was met by stronger imports. At 1200 GMT, the within-day gas contract was valued at 67.15 pence/therm, down by 0.70 p/th from Monday's close, and ...
Tags: UK Gas, Prompt Falls, NBP prices
The national system was well supplied Thursday morning with reduced reliance on storage withdrawals but prompt prices on the UK's NBP gas trading hub rose as colder temperatures are expected for Friday and to push into February. At ...
Prompt prices on the UK's NBP gas trading hub rose Wednesday morning as demand exceeded expectations and the market sought to maintain a premium to Continental prices in order to secure supply, a market source said. At 1200 GMT, the ...
Tags: NBP gas, UK, gas market
Natural gas withdrawals from UK storage facilities hit a record high Wednesday as cold temperatures pushed up demand and prices. End-of-day nominations showed total withdrawals of 112 million cubic meters, of which 44 million cu m ...
Prompt gas prices on the UK's NBP gas trading hub Wednesday hit the highest levels since December 7 as temperature forecasts were revised lower and domestic storage stocks were heavily called upon to meet demand, sources said. The ...
Tags: gas price, gas trading, UK
Prompt prices hit near month highs Wednesday on the UK's NBP gas trading hub with forecasts of colder temperatures the key driver, market sources said. The within-day contract was valued at 67.60 pence/therm at 1200 GMT, up 3.30 p/th from ...
Tags: GAS, gas contract, gas price
Gas for same-day delivery fell Friday on the UK's NBP trading hub due to low demand but is valued considerably higher for Monday, with temperatures expected to fall and demand rise. The within-day contract at 1200 GMT was valued at 62.10 ...
Tags: GAS, Gas storage facilities, Gas storage, oil prices, oil
Same and next-day gas prices on the UK's NBP trading hub were valued below 61.00 pence/therm on the last trading day of the year, around 7 pence down on the start of the month. The within-day contract was valued at 60.50 p/th at 1200 ...
Tags: gas prices, gas market, UK, gasd indusrty
UK gas giant BG Group is still looking to develop a third production train at its Queensland Curtis LNG project in eastern Australia, although the timing of the expansion is uncertain, according to a senior company executive. Martin ...
Tags: third production train, proven and probable coalseam gas