gas supply
The UK has spent nearly £100bn on gas since the crisis began, with an additional £75 billion incurred due to high prices, according to a report
Macquarie Asset Management, with a 26% holding in Cadent, is in early stages of exploring a potential sale of less than 5% of its stake in the company
TotalEnergies has inked a deal to acquire OMV’s 50% stake in SapuraOMV, a major Malaysian independent gas producer, for $903 million
Twenty four licences have been offered to seventeen companies, including industry leaders
A study has raised concerns about using the decommissioned Cousland gas field in Scotland as a hydrogen store
Despite Red Sea disruptions, April 2024 energy price cap forecasts show £40 annual decrease since December
Chris O’Shea, Centrica CEO, discussed the energy price cap in an interview, indicating that if reset today, prices would decrease by over £200 for the typical household
Octopus Energy’s Chief Executive Officer Greg Jackson predicted that the forthcoming energy price cap would be significantly lower than current levels, attributed to providers prepaying for gas
The Russian energy giant, announced reaching a new daily peak in gas deliveries to China, exceeding contractual obligations with a total of 22.7 billion cubic metres in 2023
Moody’s analysis indicates that the EU’s record high gas storage, reaching around 97.5% by the end of November, positions it well for the upcoming winter with minimal energy shortage risks