Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts ...
Tags: Natural Gas
Natural gas and renewables will power country's economic growth Natural gas and renewable energy are poised for boom times in China over the coming decades, and they'll be key factors in the development of the nation's economy, a global ...
Tags: Clean Energy, Energy
Russian state gas firm OAO Gazprom (GAZP.RS) said Monday it will close an asset-swap deal with BASF SE (BAS.XE) in 2014, a year later than planned. Gazprom agreed in November last year to give BASF two stakes in a West Siberia gas field ...
BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration
Spot prices eased Thursday morning on the UK's NBP gas trading hub as demand was forecast at the lowest level so far this year. Same- and next-day contracts at midday BST were each valued at 64.70 pence/therm, down by 1.30 and 0.40 p/th ...
Tags: Gas, Spot prices
Warm weather saw soft demand across the UK on Tuesday but prices remained firm on the NBP wholesale gas trading hub on strong storage injections and with Norwegian field maintenance extended. At midday in London, gas for same-day delivery ...
Tags: UK GAS, Field Maintenance
Asia will become the second-largest global natural gas market after North America by 2015 with annual demand rising to 790 billion cubic meters, the International Energy Agency said in a report released Tuesday. "Asia is already home to ...
Tags: natural gas market, Chemicals, Metallurgy
BASF announces fourth quarter and full year 2012 results. Full year 2012: -Sales €78.7 billion (plus 7%) -EBIT before special items €8.9 billion (plus 5%) -Record year in Agricultural Solutions and Oil & Gas; earnings in ...
Tags: BASF, fourth quarter, 2012
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 ...
The CME Group said Friday its European clearing house, CME Clearing Europe, it had added two new over-the-counter European natural gas forward contracts to its clearing portfolio. The two new contracts -- the United Kingdom (UK) ...
Tags: CME Group, CME Clearing Europe, natural gas
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
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