06/05/2025 – The European Union today presents its plan for the phase-out of Russian gas: the aim is a complete stop of imports by the end of 2027 – Read more news
GAS & POWER: The European Union will today present its plan for the exit from Russian fossil fuels: as far as gas is concerned, the aim is to prohibit the finalisation of new contracts by the end of the year, and the exit from currently existing contracts by the end of 2027. The plan will then have to be discussed in the coming months and changes are not excluded, with possible opposition from the countries most closely linked to Moscow
OIL: The OPEC+ group's decision to increase crude oil production by an additional 400 thousand barrels/day starting next June pushed quotations back to their lowest level since the last four years. Overall, the easing of the cuts so far approved by the group will lead to the return of about 960 thousand barrels/day, compared to total cuts at full capacity of 5.5 million barrels/day
OIL: The OPEC+ group's decision to increase crude oil production by an additional 400 thousand barrels/day starting next June pushed quotations back to their lowest level since the last four years. Overall, the easing of the cuts so far approved by the group will lead to the return of about 960 thousand barrels/day, compared to total cuts at full capacity of 5.5 million barrels/day
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02/05/2025 – Gas storage: German government approves draft to reduce storage target to 70% – Read more news
Market view – The Daily News of 02/05/2025 GAS & POWER→ Norwegian exports down marginally, maintenance operations at the Troll and Kollsnes sites expected to start in the next forty-eight hours, which are expected to impact flows of 19 and 43 million cubic metres respectively A change in the weather scenario is imminent across the […]
30/04/2025 – Blackout Spain: internal investigation launched, two large photovoltaic fields in the south-west of the country involved – Read more news
Market view – The Daily News of 30/04/2025 GAS & POWER↓ Partial recovery of Norwegian production with the new postponement of some maintenance work, more significant impact now expected from Saturday, with about 70 million cubic metres affected The latest weather scenarios are confirmed, with stable and decidedly mild weather over the next 36 hours. […]
