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No reason yet for declaring gas crisis in Slovenia – regulator

Date: 24.06.2022 Author: Tanja Srnovršnik
No reason yet for declaring gas crisis in Slovenia – regulatorPhoto: Plinovodi

Slovenia has no reason to declare any level of gas crisis yet as the supply of this fossil fuel remains uninterrupted, Slovenia’s Energy Agency said on Friday.

Oil prices edge up as tight supply offsets growth worries

Date: 24.06.2022 Author: Jeff Coelho, Montel
Oil prices edge up as tight supply offsets growth worriesPhoto: Victor Habbick via FreeDigitalPhotos

Oil prices were trading a shade higher early on Friday as signs of supply tightness in the market offset broader concerns about slowing economic growth, analysts said.

Oil prices continue fall on growing recession fears

Date: 23.06.2022 Author: Robin Newbold, Montel
Oil prices continue fall on growing recession fearsPhoto: Victor Habbick via FreeDigitalPhotos

Oil prices continued this week’s fall on Thursday – slumping to their lowest level in more than a month – as global recession fears sparked concerns of demand destruction.

War has changed European gas market “forever” – Equinor

Date: 23.06.2022 Author: Olav Vilnes, Montel
War has changed European gas market “forever” – EquinorPhoto: TAP AG

The European gas market “is changed forever” amid the war in Ukraine, while it would remain stretched for a long time if supplies from Russia stop completely, said the head of gas trading at

Europe seen missing gas storage target absent NS1, Freeport

Date: 22.06.2022 Author: Nathan Witkop, Montel
Europe seen missing gas storage target absent NS1, FreeportPhoto: Gazprom

Europe will struggle to fill its gas reserves to 80% of capacity by 1 November if problems afflicting the Nord Stream 1 pipeline and US LNG exports persist, consultancy Energy Brainpool said on

European Parliament agrees position on EU ETS reforms

Date: 22.06.2022 Author: Siobhan Hall, Montel
European Parliament agrees position on EU ETS reformsPhoto: Montel

The European Parliament adopted its negotiating position on EU ETS reforms at the second attempt on Wednesday, paving the way for talks with national governments to agree the final legally binding

Steag builds coal stocks early to brace for winter squeeze

Date: 22.06.2022 Author: Julia Demirdag, Montel
Steag builds coal stocks early to brace for winter squeezePhoto: Fatos Bytyci

German utility Steag has started to build up its coal reserves as the country prepares for a gas supply squeeze in the wake of Russian supply cuts.

Energy markets will adapt to new trade flows – Axpo

Date: 22.06.2022 Author: Christian Driessen, Montel
Energy markets will adapt to new trade flows – AxpoPhoto: Roman Peklaj

Scarcity of supply and the Russian war in Ukraine has triggered a global shift in energy commodity flows, but the markets will eventually adapt, Axpo’s head of trading and sales, Domenico De Luca,

SEE POWER – HU-DE July spread falls on low wind

Date: 22.06.2022 Author: Marcin Czekanski, Montel
SEE POWER – HU-DE July spread falls on low windPhoto: ACER

Forecasts of lower than normal wind output in Germany combined with the low spot market spread between Hungary and Germany pushed the July spread between them down to EUR 30.5/MWh on Wednesday,

Power price rise boosts short-term PPAs – Centrica

Date: 22.06.2022 Author: Olav Vilnes, Montel
Power price rise boosts short-term PPAs – CentricaPhoto: Roman Peklaj

European power producers are more willing to sign short-term power purchase agreements (PPAs) to take advantage of current high prices, Centrica Energy Trading said on Tuesday.

Oil prices slump to 1-month low on economic growth concerns

Date: 22.06.2022 Author: Jeff Coelho, Montel
Oil prices slump to 1-month low on economic growth concernsPhoto: Victor Habbick via FreeDigitalPhotos

Oil prices shed more than 4% to their lowest levels in a month in early trading on Wednesday, pressured by growing concerns about economic slowdown, particularly in the US.

Germany may raise gas crisis level within days – report

Date: 22.06.2022 Author: Andreas Lochner, Montel
Germany may raise gas crisis level within days – reportPhoto: energetika-portal.si

Germany might raise its gas crisis level within 5-10 days as Russian gas flows via the Nord Stream 1 pipeline remain below 50% of the capacity, German daily Die Welt reported late on Tuesday.



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