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 ...
The UK gas market was short of supply during the morning Wednesday with demand above seasonal norms as the country stepped up exports to the Continent. At 11:00 am London time, the UK NBP within-day contract was valued at 44.20 ...
Tags: gas market, pipeline
UK onshore explorer Egdon Resources said Friday it could have 18 Tcf of gas initially in place in shale gas reserves in its licenses within the Bowland-Hodder shale sequence in northern England. That is equivalent to around 510 billion ...
Tags: shale gas, UK gas consumption
UK NBP wholesale gas prices eased Thursday morning while retaining some risk premium relating to tensions between Russia and Ukraine. At 11:00 London time, the within-day contract was valued at 51.20 pence/therm, down by 0.25 p/th, and ...
Tags: gas network, LNG tankers, LNG
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
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
Gas for day-ahead delivery on the UK's NBP trading hub fell to a near 10-month low Friday morning on a large oversupply with demand falling overnight. The within-day contract was valued at 55.00 pence/therm at 09:30 BST, down by 4.30 p/th ...
Tags: Gas, Metallurgy, Mineral, Energy
Prompt gas prices on the UK's NBP trading hub fell Monday as the long system and lower demand weighed on near term contracts. Gas for same day delivery was heard changing hands around 1100 GMT at 60.30 p/th down 0.95 p/th from Friday ...
Tags: Prompt gas, gas, Metallurgy, Mineral, Energy
The proportion of UK electricity generated from gas fell to 16-year lows last year as cheaper coal prices spurred generators into increasing coal-fired power to its greatest share of the electricity mix since 1996, government data shows. ...
Tags: Gas-Fired Power, Chemicals
Gas for same- and next-day delivery firmed Wednesday morning on the UK's NBP trading hub following a rise in demand which caused some slight early shortness in the system and the need for medium range storage withdrawals. Gas for ...
Tags: Gas, Metallurgy, Mineral, Energy
European prompt gas prices rose Wednesday despite strong Norwegian gas supplies, as higher than normal seasonal demand in the UK gas hub supported higher prices on the continent. Day-ahead gas contracts on the Dutch TTF trading hub were ...
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
Spot gas prices on the UK's NBP trading hub began the new week at the lowest levels in seven-days as demand eased back towards seasonal norms with warmer temperatures moving across the country. The LNG outlook is looking healthier, too, ...
Tags: Spot Prices, gas prices
Russia's gas giant Gazprom expects to reach an agreement on the price of gas to be supplied to China via the eastern route in June, and sign a deal by the end of this year, Gazprom chairman Viktor Zubkov said in the full version of a TV ...
Tags: Gas Price, Eastern Route, Chemicals
UK gas prices remained high Tuesday morning -- about 30% higher than where they began the month -- with a freezing spring drawing hard on gas supplies but an LNG delivery provided some relief, one gas broker said. The day-ahead contract ...
Tags: UK gas prices, LNG, Chemicals