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News Archive


Belgium: Sharp rises on outright prompt and curve gas contracts

Zeebrugge Day-ahead rose in line with the NBP on Friday as upcoming Norwegian maintenance provided support to prompt prices. The outright Day-ahead...

27 May 2011 18:46 | ESGM


Britain: German power jump and gas maintenance help stir NBP

NBP prompt and curve prices easily made their biggest session moves of the week on Friday as a combination of buying ahead of the long UK weekend, increasing...

27 May 2011 19:08 | ESGM


CEE/SEE: German nuclear decision lifts regional power curve

The region's curve and spot were both bullish on Friday, with longer-dated contracts in the Czech Republic and Hungary lifted by a decision in Germany to...

27 May 2011 20:20 | EDEM


Daily oil summary

After a fairly steady start to the day, prices gained ground when Europe opened to a slightly weaker US dollar, but then gains were soon given back. They...

27 May 2011 19:43 | ESGM


Exchanges dismiss EUA serial numbers

Carbon exchanges disagree on the potential impact of the European Commission's proposal to hide the serial numbers of EU emissions allowances (EUAs) under...

27 May 2011 19:08 | EDCM


France: PEG gas spot prices rise before Dunkirk maintenance begins

PEG Nord prices moved higher on Friday as maintenance at the Dunkirk entry terminal is expected to ramp up next week, while also following the German power...

27 May 2011 18:50 | ESGM


Gas outlook

BritainThe upturn in spot levels on Friday came as no surprise, since traders were cautious over supply changes before a three-day UK weekend. The...

27 May 2011 18:50 | ESGM


German power jump, gas maintenance help stir NBP

NBP prompt and curve prices easily made their biggest session moves of the week on Friday. A combination of buying ahead of the long UK weekend, increasing...

30 May 2011 06:14 | LMD


Germany/Austria: NCG curve up on fears of permanent nuclear shutdown

German prices were bullish on Friday across the prompt and curve, as traders took in the news of potentially cooler weather underpinning demand on the spot,...

27 May 2011 18:33 | ESGM


Germany/France: Bulls take command on German nuclear news

News that Germany was set to permanently shut down seven of its oldest nuclear reactors resonated across the French and German power curves on Friday, with...

27 May 2011 19:18 | EDEM


India’s Petronet fixes vessel to secure two spot cargoes

In India, Petronet has sub-chartered the 177,000 cubic metre (m³) Ben Badis from Vitol, ICIS Heren understands. The Indian importer has fixed the vessel...

30 May 2011 07:19 | LMD


Indonesia’s Pertamina begins construction of Java receiving terminal

Indonesia's Pertamina and pipeline operator, Perusahaan Gas Negara (PGN) have begun construction of the land-based infrastructure to support their 3m tonnes...

30 May 2011 09:41 | LMD


Italy: Curve rises again due to bullish oil forecast

A strong spot market and a forecasted rise in the oil price pushed Italian power prices up across the board, with Baseload contracts from June '11 to Calendar...

27 May 2011 19:53 | EDEM

Market comment: German nuclear news boosts coal prices in Europe

News that Germany's seven oldest nuclear reactors would be kept offline caused a buying spree in the European coal market on Friday. Participants had been...

27 May 2011 18:39 | CSD


Market Report: Asian LNG price divergence with Europe widens

East Asian buyers succumbed to weeks of higher seller sentiment this week, with deals signed $4.00/MMBtu above NBP for July. Demand also rose in Spain as buyers sought backfill volumes.

27 May 2011 20:09 | GLM


Netherlands: Power far curve up while summer months lose value

Near- and far-curve contracts on the Dutch electricity market moved in two completely different directions week on week on Friday, as the far curve gained...

27 May 2011 19:00 | EDEM


Netherlands: TTF posts gains as German power and oil rise

The TTF closed the market on a strong note, as a number of bullish factors helped to push prices up in the second half of the session. Oil, once again,...

27 May 2011 18:52 | ESGM


NYMEX: Hot weather forecasts take prompt up 4%

Further forecasts of above-average temperatures for much of the country drove the NYMEX front month contract up by nearly 4% on Friday.July '11 took...

30 May 2011 06:22 | LMD


Power outlook

UKCurve traders' eyes will remain on front-month Brent crude, as participants wait to see whether the bullish note posted by a major - and heavily...

27 May 2011 21:31 | EDEM


UK: Curve lifted by German decision, prompt dips

The UK market found a degree of momentum on the curve at the usually quieter end of the week as contracts reacted to as yet unconfirmed reports from Germany...

27 May 2011 20:14 | EDEM

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