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Record 4.1GW auction boosts German 2024 onshore wind…

Дата публикации: 11.12.2024

German Federal Network Agency awards 4.1GW of onshore wind for 1 November auction at an average price of €71.50/MWh Positive auction trend could lead to…

EVENING SNAPSHOT - Europe Markets Summary

Дата публикации: 11.12.2024

CRUDE: Up as EU agrees further sanction on Russia's shadow fleet, likely to disrupt Russian oil supply. NAPHTHA: Higher in line with crude oil. BENZENE:…

European refinery solvents prices track lower with…

Дата публикации: 11.12.2024

LONDON (ICIS)--European hexane and solvent naphtha (C9) free delivered (FD) spot prices were lower on an average basis this week, with feedstocks tracking…

New UK CCS gas plant could contribute to 2030 clean…

Дата публикации: 11.12.2024

Net Zero Teesside Power, a bp and Equinor joint venture, announced entry to the execution phase of its gas-fired power plant CCS The project would allow…

Europe styrene market downbeat on weak demand, unclear …

Дата публикации: 11.12.2024

LONDON (ICIS)--Spot activity in the the Europe styrene market was persistently thin in the week ended 6 December, as players attended a key industry event…

German chlor-alkali spot margins fall in week ending…

Дата публикации: 11.12.2024

LONDON (ICIS)--German spot chlor-alkali spot margins fell in the week ending 6 December, on the back of lower electrochemical unit (ECU) and higher electricity…

Poland’s Azoty Pulawy launches fifth nitric acid line

Дата публикации: 11.12.2024

LONDON (ICIS)--Poland's largest nitrogen fertilizer producer Grupa Azoty Pulawy said on Wednesday it has launched a fifth nitric acid line in pursuit of…

Europe benzene spot activity patchy amid seasonal lull

Дата публикации: 11.12.2024

LONDON (ICIS)--Europe benzene spot activity was fairly patchy in the week ended 6 December, as an industry event took place in Madrid, Spain. The market…

Bulgaria's Toplofikacia Sofia’s debt could impact Bulgargaz’s …

Дата публикации: 11.12.2024

Bulgaria’s largest natural gas consumer Toplofikacia Sofia owes €800m to Bulgargaz and BEH entities This could hinder state supplier Bulgargaz, impacting…

BASF starts up expanded ammonium chloride plant in …

Дата публикации: 11.12.2024

LONDON (ICIS)--BASF has started up production at an expanded ammonium chloride plant at its Ludwigshafen site in Germany. With the expansion, the plant’s…

Plant status: Borealis Antwerp PDH offline due to strike …

Дата публикации: 11.12.2024

LONDON  (ICIS)--Here is a plant status report: Name: Borealis Location: Kallo, Belgium Product: propylene Capacity (tonnes/year): 300,000 Event start:…

Europe base oils export prices slump as offer volumes…

Дата публикации: 11.12.2024

LONDON (ICIS)--European base oils export values dropped for all grades this week amid an uptick in the volume of offers heard. Prices for SN150 decreased…

YEAR IN REVIEW: Rising solar output pressures Hungarian…

Дата публикации: 11.12.2024

Hungary has worked to expand its renewable and nuclear capacity in 2024 This will increase the security of Hungarian electricity supply while also contributing…

Global oil demand at ‘healthy growth level’ in 2025,…

Дата публикации: 11.12.2024

LONDON (ICIS)--Global oil demand is forecast to grow by 1.4 million barrels/day in 2025, with petrochemicals a major driving factor, OPEC said on Wednesday.…

Poland’s Orlen announces major scale-back of ‘erroneous’ …

Дата публикации: 11.12.2024

LONDON (ICIS)--Poland’s Orlen Group on Wednesday announced that it will substantially scale back its “erroneous” multi-billion-dollar Olefins III project…

TTF-EAX spread to remain volatile as Russia transit…

Дата публикации: 11.12.2024

TTF-EAX spreads remain volatile as European markets look for direction ahead of Russia-Ukraine transit agreement expiry Asia defending premium, but EU…

NOON SNAPSHOT - Europe Markets Summary

Дата публикации: 11.12.2024

CRUDE: Up as strong Chinese oil import data suports demand hopes. NAPHTHA: Higher in line with crude oil. BENZENE: Stable on thin discussions. STYRENE:…

ICIS TTF Early Day assessments: 11 December 2024

Дата публикации: 11.12.2024

- Planned, unplanned maintenance at Norwegian gas fields and processing plants brought 24.89mcm/day offline on 11 December; 6mcm/day unexpectedly offline…

CRUDE SUMMARY: Hopes of higher China demand support…

Дата публикации: 10.12.2024

Chinese economic stimulus measures could boost crude consumption in 2025 US consumer and producer price index data due later this week Supply disruption…

EVENING SNAPSHOT - Europe Markets Summary

Дата публикации: 10.12.2024

CRUDE: Higher on demand hopes after China's November crude imports rise by 14.3% year-on-year. NAPHTHA: Steady despite limited liquidity. BENZENE: Lower…

Tighter PEG discount could limit French gas exports…

Дата публикации: 10.12.2024

French gas exports to Spain rise in December Flows expected to remain low for the remainder of winter amid tighter PEG discounts to PVB Daily flows still…

Europe BDO December contracts roll over amid steady …

Дата публикации: 10.12.2024

LONDON (ICIS)--European butanediol (BDO) contracts for December settled at a rollover from the previous month, as market fundamentals remained mostly steady.…

Grid connection fees could limit German battery storage …

Дата публикации: 10.12.2024

Some fear grid fees to connect to storage systems could limit large-scale battery storage expansion in Germany Higher grid fees in south could exacerbate…

Europe propane naphtha spread highest since autumn…

Дата публикации: 10.12.2024

LONDON (ICIS)--Spot prices in Europe for propane and butane came under pressure in the week to Friday 6 December, tracking the performance seen in upstream…

Global air cargo demand surges 9.8% in October, sustains …

Дата публикации: 10.12.2024

LONDON (ICIS)--Global air cargo demand increased by 9.8% year on year in October 2024, marking the 15th consecutive month of growth, according to data…

Europe VAM December contract talks underway, spot range …

Дата публикации: 10.12.2024

LONDON (ICIS)--December contract price negotiations are underway in the European vinyl acetate monomer (VAM) market, while the spot price range widened…

Europe acetic acid December talks underway, seasonal…

Дата публикации: 10.12.2024

LONDON (ICIS)--European acetic acid contract price talks for December remain at an early stage amid steady market conditions. Demand remains limited, with…

No gas transmission capacity on Ukraine-Russia border…

Дата публикации: 10.12.2024

Additional reporting by Luka Dimitrov No transmission capacity on Ukraine-Russia border offered for January Alternative Bulgarian route could also be impacted…

INEOS pushes forward with Greensand carbon storage…

Дата публикации: 10.12.2024

LONDON (ICIS)--INEOS and project partners Harbour Energy and Nordsofonden have made a final investment decision (FID) to move forward with the first commercial…

Germany CPI inflation ticks above 2% in November

Дата публикации: 10.12.2024

LONDON (ICIS)--Inflation in Germany, as measured by the change in the consumer price index (CPI), ran at a 2.2% year-on-year increase in November – the…

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