european gas sector

UE gas

European Union takes first steps in creation of common gas purchasing pool

Banca March : The new tool called Aggregate EU started its work yesterday and will receive 12-month demand forecasts from June onwards from the different European gas suppliers that wish to participate. From 3 May, these will be aggregated and studied to provide a joint demand proposal that will be launched to the market in search of bids. Finally, on 17 May, the supply and demand matches will be published,…


Fifty-Nine European Gas Distributors, Five Of Them Spanish, Join Forces to Develop A Hydrogen Market

Distributors from 13 different countries have launched the Ready4H2 initiative to support the development of a hydrogen market that will contribute to the transformation of the continent’s energy infrastructure and the fulfilment of the EU’s climate neutrality goals. The participating Spanish companies are: Nedgia (from the Naturgy group), Nortegas, Madrileña Red de Gas, Redex and Gas Extremadura.


Rafael Villaseca: The energy market doesn’t work at the moment

Eulogio López | Rafael Villaseca, CEO of Gas Natural Fenosa is an industrial engineer and it shows. He has worked for a wide variety of companies: Panrico, Inisel, Nueva Montaña Quijano…And lately he has become a harsh critic not of the renewable energy firms themselves, but of the subsidies they receive.

oil futures

You Gotta Roll With It

BARCLAYS | The oil price has recovered to ~$50/bbl and project execution has been better than we have come to expect from the European E&P sector. Those two points appear to have been enough to see many investors revisit the sector with more forward looking optimism in recent months and increasingly ascribe value to delivery of 2016 operational goals.