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European Spot Prices Were Rangebound Monday
May 14, 2014European spot prices were rangebound Monday, with contracts generally finding support around Friday's closing levels as gas supply turns up to meet higher demand. Day-ahead gas contracts on the Dutch TTF hub have traded in a ...
Tags: European spot markets, Gas
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What Is The Real Problem in The Trucking Industry?
May 1, 2014Following Transport and Logistics News' recent report on the TWU's concerns about road tankers (Defuse mobile bombs [dangerous tanker trucks]: TWU), our expert reader Nelson Mansfield has offered the following counter argument. Nelson ...
Tags: Trucking Industry
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Gas Prices on The European Prompt Markets Fell Sharply Wednesday
Apr 4, 2014Gas 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 ...
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European Spot Gas Prices Drifted Lower Monday
Mar 26, 2014European 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
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New Insurance Solution Is Unveiled by Ace for Oil,Gas Industry Contractors and Suppliers
Nov 22, 2013ACE Group announced the launch of a new insurance solution for contractors and suppliers as it expands its offering to the offshore oil and gas sector. “ACE Offshore”, which has been enhanced in response to direct feedback from ...
Tags: Gas Industry, Oil Industry, ACE
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NYMEX August Natural Gas Futures Contract Was Slightly Higher in Early Trading
Jul 17, 2013The NYMEX August natural gas futures contract was slightly higher in early trading as the market attempts to evaluate the current heat wave with longer-term forecasts which call for normal temperatures, sources said. As of 10:41 a.m. EDT ...
Tags: Chemicals, natural gas
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ABB Has Landed a Major Oil and Gas Contract
Apr 2, 2013Leading power and automation technology group ABB, has landed a major oil and gas contract valued at $15 million in the Timor Sea off Western Australia. ? ABB has been appointed the main electrical contractor (MEC) for a new ...
Tags: Electrical, Electronics, ABB
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Non-LST Ethane Wednesday Morning Traded at 30.75 Cents/gal,The Highest Level
Mar 28, 2013Non-LST ethane Wednesday morning traded at 30.75 cents/gal, the highest level since November 6 and 29.5% stronger since the beginning of the year, Platts data showed. Market participants attributed the rise to stronger propane and natural ...
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NYMEX Gas Futures Contract Reached Seven Consecutive Record High Open Interest Levels
Mar 27, 2013The NYMEX natural gas futures contract reached seven consecutive record high open interest levels during the period from March 15 to March 25, Chicago-based CME Group said Tuesday. The first record at 1,316,945 contracts posted on March ...
Tags: NYMEX, Gas Contract, Chemicals
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Prompt Gas Contracts on Continental European Hubs Recouped Early Day Losses
Mar 18, 2013Prompt gas contracts on Continental European hubs recouped early day losses by midday Friday as two unplanned outages at Norway's gas fields, which send gas to the UK and the Continent, cut gas flows and sparked supply worries, one trader ...
Tags: Euro Gas, Fuel Supply, oil
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Spot Gas Prices on The UK's NBP Trading Hub Were Moving Around The 76.00 Pence/therm Mark
Mar 11, 2013Spot 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
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NYMEX April Natural Gas Futures Contract Rose in Early Trading Wednesday
Mar 6, 2013The NYMEX April natural gas futures contract rose in early trading Wednesday as traders eyed a potentially cold start to March across much of the US. As of 10:05 a.m. EST (1505 GMT), the contract was trading at $3.51/MMBtu, up 5.4 cents ...
Tags: natural gas, gas
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UK Natural Gas for Same-day Delivery Rose to 108 Pence/therm Monday Morning
Mar 6, 2013UK 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
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Prompt Prices Eased Tuesday Morning on The UK's NBP Gas Trading Hub
Feb 6, 2013Prompt 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
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WorleyParsons Has Been Awarded a Three Year Contract by Shell Gas Iraq BV
Jan 25, 2013WorleyParsons has been awarded a three year contract by Shell Gas Iraq BV to provide project management support and services for the rehabilitation of gas facilities and infrastructure that are part of the scope of Basrah Gas Company (BGC). ...
Tags: Shell, Worleyparsons, Gas Contract