ICIS - energy podcasts

A premium held by the TRS gas contract for Q3 ’17 delivery over the PEG Nord equivalent has widened in recent sessions, with risk being piled onto longer-dated TRS products. ICIS experts Ben Lee and Alex Thackrah look at the factors driving the widening spread, and how this may evolve over the coming summer months.

A recent announcement paved the way for US LNG exports to China, with an agreement to pursue mutual interests in a range of sectors. ICIS experts Ben Lee and Ruth Liao look at the LNG relationships between China and the US and examine how the announcement could affect the industry in future.

There is a proposal to merge Germany's NCG and GASPOOL natural gas hubs into one. ICIS experts Marcello Kolax and Ben Lee discuss the reasoning behind the idea, the industry's reaction and the likely next steps.

As the end of the six-month-long OPEC and non-OPEC agreement to cut oil production approaches, market speculation on a possible extension to the deal is on the rise. ICIS crude oil experts Sophie Udubasceanu and Julien Mathonniere discuss the likelihood of an extension and the price impact so far.

Spot and near curve electricity prices in Hungary and Romania spiked in week 18 due to tight regional supply. Even though prices have started to correct downwards, sentiment remains bullish. ICIS energy experts Miriam Siers and Irina Peltegova discuss the drivers behind the market turbulence and the outlook for coming sessions.

Supply concerns heading into the higher summer demand period could raise energy prices in Turkey in the near future. ICIS energy experts Ben Lee and Aura Sabadus discuss the summer outlook for the region.

Storage sites across Europe were relatively empty heading into the 2017 gas summer, leading shippers to inject the largest volume of gas into storage sites in April since 2011. ICIS energy experts Miriam Siers and Ben Samuel discuss the storage situation across Europe, and provide an outlook for storage injection demand in the coming months.

LNG deliveries to Europe have increased significantly in March and April, prompting a rise in send-out to the European network. ICIS experts Ben Lee, Ekaterina Kravtsova and Jake Horslen discuss the reasons behind the rise in LNG availability in Europe, and the current limited scope for reloads to other global markets.

Two of Europe’s largest electricity markets have, going into this summer, displayed a pricing dynamic that was until now extremely rare. Higher-demand periods in Germany and the UK have traditionally been priced above lower-demand ones, but the pattern has flipped recently. ICIS energy experts Laura Raus and Chris Somers discuss this emerging trend, and consider whether forward-curves may be price...

Plans for a 10% cut to the Groningen production cap to 21.6 billion cubic metres from October 2017 were announced by the Dutch economy minister on 18 April. ICIS experts Ben Lee and Jake Horslen discuss the latest development in the long-running saga, including the impact on TTF gas prices and the fundamental outlook.

The PSV gas hub overtook Germany’s GASPOOL as the fourth most liquid European hub in March 2017, with OTC volume at the Italian hub hitting a record high. ICIS energy experts Ben Lee and Alice Casagni discuss the reasons behind the boost in volume and whether the increase is likely to continue.

Russian giant Gazprom recently committed to a raft of changes to its supply contracts, which include increasing the use of hub-based pricing in long-term contracts. Click here to listen to the conversation between ESGM editor Tom Marzec-Manser and energy expert Miriam Siers, as they discuss the impact these changes could have on the European gas markets.

Q4 financial results released in the last month confirmed that for many utilities, gas has become the primary fuel for generating power. In this podcast, ICIS journalists Ben Lee and William Peck discuss fuel switching trends over the last few months and whether gas will still be dominant in the generation mix going forward.

LNG prices around the world have converged as the northern hemisphere winter comes to an end. ICIS LNG experts Ed Cox and Katya Kravtsova discuss the outlook for supply and demand over the next few months.

UK energy markets recently broke the 200-day moving average, while the key technical level acted as a support for contracts in the French and German power markets. ICIS journalists Ben Lee, Riccardo Patrian and Thomas Rodgers discuss the significance of the technical indicator and what it could mean for prices going forward.

High French nuclear power availability may imply further downside for April power prices. ICIS looks at why traders expect availability to be revised downwards, and whether they in fact are wrong to do so.

The Netherlands is due to hold presidential elections on 15 March and the new government will most likely reform the Dutch electricity sector as some decisions are currently halted until after the election. ICIS experts Jamie Stewart and Matthew Jones discuss the potential outcome and market impact.

Britain’s largest natural gas storage site, Rough, could now be offline until April 2018 after operator Centrica Storage said it would not look to offer any capacity. ICIS experts Ben Lee and Thomas Rodgers discuss the long-term prospects for Rough and what this could mean for gas prices.

Output cuts from oil producers have been swift following a deal last November to reduce production by 1.2m barrels per day, but have crude prices seen the boost that was expected? Crude oil experts Sophie Udubasceanu and Julien Mathonniere discuss the outlook for the global oil market, alongside comments from London’s major oil event IP Week, which took place last week.

The Day-ahead and front-month natural gas contracts at Germany’s GASPOOL hub have held an unusual discount to the Dutch TTF this winter, but the spread has been pared back in recent weeks. ICIS experts Ben Lee and Jake Horslen discuss the reasons behind this winter’s GASPOOL discount and why the spread has been falling in February.

A number of nuclear power units in central and southeast Europe are due back online in the next few weeks after planned maintenance. ICIS experts Irina Peltegova and Ellie Chambers discuss how the extra supply is likely to pressure wholesale electricity prices in the region, after a bullish start to the year.

British natural gas shippers will be unable to inject into Rough until June due to operational problems at the ageing storage site. ICIS experts Thomas Rodgers and Ben Lee discuss the implications of the latest outage at Rough on the NBP and the wider European gas markets.

As the focus turns to April and May in the spot LNG market, prices have dropped in Asia as seasonal demand falls. New supply is expected soon but buying interest from East Asia and the Middle East provide a price floor, as ICIS experts Ed Cox and Xieli Lee discuss.

A potential split of the joint Austrian-German power pricing zone was a hot topic at the E-world conference. ICIS experts Jamie Stewart and Jon Stibbs look at why this change might occur and what the process might be.

A lack of LNG into Europe has been one factor in spiking wholesale energy prices on the continent over winter 2016/17. ICIS experts Ben Lee, Thomas Rodgers and Ed Cox discuss why few cargoes have arrived into Europe and whether this is likely to change in coming months.