EU surpasses 90% gas storage target ahead of winter

The recently revealed data indicates that European gas storage levels have reached 90.12% of capacity, corresponding to more than 93 billion cubic metres of natural gas

UK energy bill fears: Will energy shortages lead to soaring prices?

Experts will issue a warning that the approaching winter could bring even greater difficulties, surpassing the challenges experienced in previous winters

Centrica to double Rough storage capacity

With the increased capacity, Rough will be capable of storing up to 54 billion cubic feet of gas

Podcast: Europe’s gas storage to near full capacity this summer, boosted by US LNG imports

In this week’s Resonance energy market podcast episode, Jeremy Nicholson talks to Alfa Energy’s Dan Veasey to discuss the market implications of Europe reaching full storage capacity by the end of summer, as well as the potential impact of unexpectedly mild weather

Ofgem extends exemption for Centrica’s Rough storage facility

Extending the exemption from negotiated third-party access is expected to allow Centrica to make investment decisions

EU adopts 11th package of sanctions against Russia, including energy measures

These measures involve the end of oil imports by pipeline for Germany and Poland

British Gas owner forecasts strong first-half profit in UK retail unit

The increase is driven by the positive impact from UK domestic default tariff cap allowances

Dutch wholesale gas price plummets to two-year low

Analysts say mild temperatures and ample supply have pushed Dutch wholesale gas price to a two-year low

Europe avoids energy crisis but still ‘not out of the woods,’ says IEA chief

Europe’s energy challenges are not yet over, warns Fatih Birol

Green groups aim to sink undersea gas storage project in NI court battle

The Islandmagee facility is predicted to provide a quarter of the UK’s gas storage capacity