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Purchasing

18.08.2022 ENERGY COSTS  Subdued expectations reflected in falling crude prices / July report from German economic institute HWWI

21.07.2022 NATURAL GAS  Nord Stream 1 back online / Flow level reduced / Cefic issues statement on European Commission's call for reduced natural gas use

20.07.2022 NATURAL GAS European Commission proposes that member states slash gas use / Commission President von der Leyen says Russia “blackmailing” Europe

15.07.2022 ENERGY MARKETS  Qatar finalises gas North Field Expansion contracts / Five energy majors participating / Total, Shell, Exxon with the largest stakes

13.07.2022 NATURAL GAS  Nord Stream 1 closed for maintenance / Concerns that Moscow will end gas shipments to Europe / Could UK cap gas deliveries to the EU? / Rationing this winter?

07.07.2022 GERMAN ECONOMY DIW economic institute says business activity stagnant / Researchers see weak start to summer / Country reports first monthly trade deficit in 30 years

28.06.2022 ENERGY COSTS  Decline in May energy price index / Costs still high / Gas price up almost 150% in a year – report from German economic institute HWWI

27.06.2022 ENERGY MARKETS  European Parliament passes EU reform package / Response to war-related energy crunch / Chemical producers slam new export rules / Debates on ETS scheme

21.06.2022 ENERGY MARKETS  Europe scrambles to secure Middle East LNG / TotalEnergies set to lead expansion of Qatar's North Field

15.06.2022 RAW MATERIALS  Record prices for plastics in flexible packing in Q1 / Strong demand to continue in 2022

10.06.2022 FORCES MAJEURES +++ Update +++ Key questions concerning cases of force majeure / What plastics processors need to know / Updated PDF available for download – PIE Q&A

31.05.2022 PLASTICS AND ENERGY  Brussels unveils plans to end reliance on Russian gas / Initiative seeks to balance shift to renewables with energy needs / Industry on board

11.04.2022 ENERGY COSTS  Index for energy commodities rises by 37%: HWWI economics institute / US government releases some of its strategic oil reserves / Relief on gas market due to milder temperatures?

05.04.2022 COMMODITY MARKETS Stopping Russian energy imports could lead to 18 months of recession in Germany / Other economists say consequences would be heavy, but it's doable / Baltic states halt Russian gas deliveries amid war

18.03.2022 COMMODITY MARKETS  IEA plan cuts EU reliance on Russian gas by over 33% / Group suggests faster shift to green energy / Russian crude inflow to global market could fall as much as 3 mn bpd

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