African nations that have historically…
Europe is a key driver…
U.S. benchmark natural gas prices jumped to above $9 per million British thermal units (MMBtu) early on Wednesday, driven by high LNG exports, warmer weather, and volatile trade ahead of…
Record LNG exports and unseasonably high demand for electricity have combined in recent weeks to push U.S. gas prices considerably higher than they normally are at this time…
For over six months now, Europe has been the key driver of global demand for liquefied natural gas (LNG) as it looks to replace as much Russian pipeline…
Japan is reportedly actively considering extending financial support to the US to boost liquefied natural gas (LNG) production. Incidentally, the US is already the world’s 3rd
As we detailed yesterday, almost two months after Europe rushed to declare it would impose unprecedented sanctions on Russia in response to Putin's invasion of…
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75% of the expected amount of…
Germany, which has long remained the largest buyer of Russian natural gas, has belatedly and bluntly stated as fact what's long been among its greatest 'worst case scenario'…
The euro could dip below the value of the U.S. dollar as the Eurozone's economy could be hit with rationing if Russia completely stops gas supplies to Europe, according to…
The UK has bucked the pan-European trend of soaring wholesale gas prices as shipments of liquefied natural gas have alleviated a shortage that squeezed prices higher last year…
Germany will be able to withstand a halt of Russian natural gas supplies as long as it manages to fill up its gas storage, Economy Minister Robert Habeck told German…
Russia’s gas giant Gazprom said it was “technically impossible” to reroute gas flows to Europe via Ukraine, after the Ukrainian Gas Transmission System Operator (GTSOU) stopped flows from one entry…
Kyiv has halted the use of a major transit route for Russian gas amid continued heavy fighting in the east and south of Ukraine, while Ukrainian forces claimed…
One of Germany's largest natural gas importers, VNG, has opened an account with Gazprombank for payments for Russian gas under Moscow's new terms. Per a Reuters report, VNG has said…
Late last month Moscow stopped gas exports to two “unfriendly countries” that refused to be bullied into paying with rubles: Bulgaria and Poland. The Balkans are…
Finland is prepared that it could be next on Russia’s list for cutting off gas deliveries for European Union members, as the Russian neighbor to northwest is expected…
Prohibitively high natural gas prices in Europe have helped the continent stock up on the commodity amid lower consumption, simultaneously motivating more imports, Reuters’ John Kemp
The leaders of Bulgaria and Greece launched on Tuesday the construction of an LNG import terminal near the northern Greek port of Alexandroupolis,…
Europe is importing record volumes of liquefied natural gas (LNG) as it looks to cut as much Russian gas consumption as soon as possible. Unlike in previous years,…
Over the last couple of years, natural gas has been viewed as a critical bridge in the transition to renewable energy, thanks to its more favorable…
Germany's power utility Uniper—one of Germany's largest gas importers—will pay for Russian gas deliveries in rubles in accordance with the new payment procedure announced by Russia last month. "The plan…