India to make up 35% of all new Asian midstream oil and gas projects by 2025

The country is set to have 118 new projects start, with the largest costing $1.4bn and spanning more than 2,700km in length

Gas market volatility – EDF’s James Chaplin explains what’s affecting the UK Power Market

2021 has bought extreme price movements across commodity markets, with current power market volatility at the highest for at least 13 years.  The winter 2021 power price reached down to £42/MWh in March 2020, however recently touched a high of £118/MWh.

Eni to deliver ‘carbon-neutral’ LNG to Taiwan

The fuel will be sourced from the Bontang liquefaction terminal in Indonesia, with Eni claiming the emissions produced by the entire value chain of the LNG cargo will be offset

Greece’s €166.7m public support for LNG terminal granted EU approval

The Greek authorities confirmed the LNG terminal would be apt to use for hydrogen and believe the project would contribute to a cleaner mix through increased use of gas instead of coal

Ireland plans to ban fracked gas imports and stop LNG terminal developments

The country has already banned the use of fracking for the extraction of natural gas onshore and ended the issuing of new exploration licences for oil or natural gas offshore

Eni and bp combine portfolios in Angola

The companies have stated that this joint venture would make their operations in Angola more efficient, increase investment and its overall development

Force Majeure declared on Total’s Mozambique LNG project

The energy major said it reached the decision considering the security situation in the north of the Cabo Delgado province in Mozambique

Post-winter prices, Carbon, LNG supply – EDF’s James Chaplin explains what’s affecting the UK Power Market this summer

The wholesale energy complex is ever-evolving, and fundamentals have changed drastically over the past year with weather, LNG supply, Brexit and COVID-19 at the forefront of the market.  The winter 2021 power price reached down to £42/MWh in March 2020, however recently broke a new high of over £70/MWh.

Is LNG the saviour of European gas when the cooling season heats up demand?

Our latest European Market podcast on electricity and gas commodity prices sees gas demand and supply major in that commodity and carbon remains an issue for power.

May I have your attention please, will the GB power market regulator please stand up…

LNG becomes the cornerstone of UK and European gas prices, while liquidity in GB power seems abandoned by the regulator.