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UK Gas-for-Power Demand Nears 11-Month High on Low Renewables

Dec 16, 2015

The amount of natural gas used by UK power stations to generate electricity neared an 11-month high Monday as unfavorable weather conditions for renewable generation technologies led to higher gas-fired generation, figures from the National ...

Tags: natural gas, gas-fired generation, Renewables

Argentina's Next Energy Minister Aims to Lure Fresh Investment

Dec 2, 2015

Juan Jose Aranguren, the next energy minister of Argentina, said Friday he will seek to rebuild investor confidence in the country by improving business conditions after taking office December 10. "We need, as in other sectors of economic ...

Tags: crude, diesel, gas

Brazil LNG Imports up 6.4% in June

Jun 23, 2014

Brazilian imports of LNG are up 6.4% so far this month, averaging 40,765 cubic meters/d in June, compared to an average 38,313 cu m/d during the prior month, according to the latest data from Platts unit, Bentek Energy. The rise in LNG ...

Tags: LNG, LNG Imports

Russian Gas Exports to Europe Via Ukraine Are Continuing

Jun 23, 2014

Russian gas exports to Europe via Ukraine are continuing as per normal at about 185 million cubic meters/d, despite an explosion Tuesday afternoon at a Ukrainian gas pipeline, Gazprom deputy chairman Vitaly Markelov said Wednesday. "Gas ...

Tags: Gas Exports, gas pipeline

Spot Gas Prices on The Dutch and German Trading Hubs Extended Wednesday's Gains

Jun 16, 2014

Spot gas prices on the Dutch and German trading hubs extended Wednesday's gains Thursday morning, in line with the UK NBP where the day-ahead also moved higher from its previous close. At midday London time, the day-ahead contract on the ...

Tags: gas, gas export

GAIL Announced Natural Gas Transmission and Sales Volumes Fell

May 29, 2014

India's state-owned gas transportation utility GAIL Monday announced another quarter in which natural gas transmission and sales volumes fell, as domestic production continued to decline. GAIL's natural gas transmission for the ...

Tags: natural gas, trunk pipeline

Argentine Oil Production Fell 0.4% in March Compared with The Year-Ago Period

May 28, 2014

Argentine oil production fell 0.4% in March compared with the year-ago period, while natural gas output rose 0.5% over the same period, an industry report showed Friday. Crude production declined to an average of 533,651 b/d in March from ...

Tags: oil production, Oil Output

Some Supply Tightness Provide a Further Break for What Has Been Largely a Bearish Market

May 13, 2014

Some supply tightness caused Thursday's gains to be extended Friday on the UK's NBP trading hub, providing a further break for what has been largely a bearish market. At 11:00 am London time, the within-day contract was valued at 47.80 ...

Tags: Bearish Market, LNG

India's Reliance Reported a 7.9% Year-on-Year Decline in Its Gross Refining Margin

Apr 22, 2014

Indian refining and petrochemical giant Reliance Industries Ltd. Friday reported a 7.9% year-on-year decline in its gross refining margin for the January-March quarter, to $9.30/barrel. However, the company showed an increase of 22.3% ...

Tags: refining, petrochemical, refined products

Brazil's Petrobras Has Signed a Contract with Bolivian to Increase Natural Gas Imports

Apr 21, 2014

Brazil's Petrobras has signed a short-term contract with Bolivian counterpart YPFB to increase natural gas imports from the Andean nation, Petrobras said. Under terms of the contract, Petrobras will import an additional 2.24 million cubic ...

Tags: Natural Gas, Brazil's Petrobras, gas-fired power plant

Gas Prices on The European Prompt Markets Fell Sharply Wednesday

Apr 4, 2014

Gas prices on the European prompt markets fell sharply Wednesday, extending the previous day's steep losses, on reduced demand and increased Norwegian flows. The day-ahead gas contract in the Netherlands TTF hub traded below Tuesday's ...

Tags: Prompt Gas, prompt markets, next-day gas price

India Government to Defer a Hike in The Wellhead Price of Natural Gas

Apr 1, 2014

In a move that did not entirely come as a surprise, India's Election Commission earlier this week asked the incumbent government to defer a hike in the wellhead price of natural gas that was due to be implemented on April 1. But analysts ...

Tags: Natural Gas, gas pricing, OIL's production

European Spot Gas Prices Drifted Lower Monday

Mar 26, 2014

European spot gas prices drifted lower Monday, with the Dutch TTF next day contract trading below Eur22.00/MWh, despite a slight drop in temperatures as healthy storage stocks and gas exports left the region well-supplied. Day-ahead gas ...

Tags: Spot Gas Prices, GASPOOL, weak prompt market

Prompt Prices on The UK's NBP Gas Trading Hub Fell

Mar 18, 2014

Prompt prices on the UK's NBP gas trading hub fell Friday morning as the system saw a large supply surplus and warm, sunny weather expected for the weekend should further cut heating demand. "The system was the longest I've seen it," one ...

Tags: gas storage, Oversupply

Norway Sold 9.9 Billion Cubic Meters of Gas in January

Feb 19, 2014

Norway sold 9.9 billion cubic meters of gas in January, down 6% from 10.5 Bcm a year earlier and below the 10.2 Bcm in December, according to preliminary figures Friday from the Norwegian Petroleum Directorate. It said gas and oil ...

Tags: Gas Sales, Mineral

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