CNG Energy News

EV is soaring, with the World’s largest all-electric, non carbon emission producing aircraft set for first flight today! Recent data also shows that there are 8,471 EV charging locations across the UK as opposed to the ever declining 8,400 petrol stations! https://bit.ly/3eq8T0h

A new £50 million fund for councils to support their local high streets get safely back to business has been announced by High Streets Minister Simon Clarke, for more information: https://bit.ly/3dax9U7

DAILY TRADING UPDATE:
Gas price movements were fairly minimal on Tuesday, meaning the market was largely sideways to the end of last week. (1/2)

The Government has released guidance for people who work in or run shops, branches, stores or similar environments in order to help them understand how to return to work safely. For more information: https://bit.ly/3d8A7bM

It’s time to share some #WednesdayWisdom with the next generation of energy experts! See if the kids can answer these quick-fire questions, and then head to the bright sparks page to find out more! http://bit.ly/3g9F0D6

DAILY TRADING UPDATE:
As a whole the market was fairly sideways on Friday - warm weather and strong winds as well as healthy supply provided some bearishness. (1/2)

All other non-essential retail shops to be able to open from 15th June, providing they are Covid secure - according to the Prime Minister's latest update. For more info: https://www.gov.uk/coronavirus

With Coronavirus slowing Smart Meter installation further, businesses still seem to be unsure of the benefit. However, during times like these, it has proved the need for them more than ever, find out more why a SMART meter is a smart choice for businesses.https://bit.ly/2TjXV4A

We are closed today for the bank holiday. However you can still submit meter readings and make payments via our website. https://www.cngltd.co.uk

DAILY TRADING UPDATE:
Prices fell quite strongly yesterday weighed heavily by the persistent bearishness at the front end of the curve, which has only been enhanced by warmer temperatures, high winds, and strong storage stocks. (1/2)

We are so proud of how CNG responded and adapted to the Covid-19 crisis that we believed it was important to capture this process in a case study and share our learnings, you can read and download here: https://bit.ly/2Xgc0kC

During a difficult time for businesses, it may feel like you're completely alone. We wanted to remind you that you're not. There are different networks you can become a member of that offer businesses help and advice. More info: https://bit.ly/2LTUi1f #MentalHealthAwarenessWeek

At CNG, although we may be apart – we have been doing all we can to make sure our people feel supported and connected more than ever during these difficult times. https://bit.ly/3gcc5yf #MentalHealthAwarenessWeek

DAILY TRADING UPDATE:
Another day of limited movement in gas prices yesterday - again, though, some bearish movement on near curve prices, driven by warm weather forecasts and an uptick in Norwegian imports, were offset by marginal increases further out.

DAILY TRADING UPDATE:
Prices yesterday saw some minor losses after a recent soft rally. Oil prices came off a little following some signs of recovery last week, while in gas a bearish outlook remains dominant.

How much do your kids know about energy? Why not have a go at a few of these energy questions and then head to the Bright Sparks page on our website to find out more! https://bit.ly/3g9F0D6

DAILY TRADING UPDATE:
A fairly quiet day of trading on Monday kept most gas prices at around the same level as they ended last week.

The Energy Connections team are working closely with our partners to now start planning in some non-essential works, providing its deemed safe and social distancing rules can be applied. For any queries about connections and metering, please contact energyconnections@cngltd.co.uk

DAILY TRADING UPDATE:
Movements were a mixed bag on Friday – there were losses for most prices for the rest of 2020, with weak demand and strong storage stocks continuing to weigh heavily. (1/2)

The chancellor has announced a micro loan scheme for smaller businesses. Businesses can apply for new Bounce Back loans up to a maximum of £50,000 or 25% of turnover, with the government paying the interest for the first 12 months. For more info https://bit.ly/2WHBxUU

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