This past Friday was a very busy day for the European energy markets. After the European markets had closed, Gazprom issued a press release stating that oil had been detected in the Portovaya station's only operating compressor.
Europe
With most of Europe deep into the holiday season, few are focused on the current energy crisis. Undoubtedly once corporate procurement managers and commodities traders return from their holidays, reality will quickly set in.
Europe
The next step in the EU's response to Russia's use of natural gas as a political weapon - the Regulations represent the "best" compromise the EU could construct to prepare for the looming threat of natural gas supply disruptions.
Europe
This week is shaping up to be one of the most consequential in the global energy markets for a long time. Energy prices in Europe (and around the globe) have increased sharply over the past several weeks on the fear that the Nord Stream 1 pipeline will not reopen and Europe would be compelled to implement emergency plans.
Global
Will Putin restart the Nord Stream 1 (NS1) pipeline after its scheduled maintenance is supposed to conclude? There is a multitude of variables to consider in assessing this question.
Global
With Europe energy pricing rising from the extreme to the ludicrous in the past few weeks – commercial and industrial consumers with open positions in the second half of 2022 (H2/2022) and calendar 2023 (CAL23) have to make some difficult decisions.
Global