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Energy / Natural Gas

Putin: Russia Is Now One Of China’s Leading Oil & Gas Suppliers

Dec 30, 2022 at 09:26 | Alex Kimani

Russian President Vladimir Putin has said that Russia has become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic meters of gas shipped to China…

Crash In U.S. Natural Gas Prices Incentivizes Power Plants To Ditch Coal

Dec 29, 2022 at 11:03 | ZeroHedge

Global coal use jumped to a record high this year because of the sharp increase in natural gas prices. This prompted a wave of fuel switching away from NatGas by…

America’s Biggest Gas Producer Sees 30% Output Cut Over Storm

Dec 28, 2022 at 16:11 | Charles Kennedy

America’s largest natural gas producer, EQT Corp, has experienced a plunge in production up to 30% due to severe cold weather that led to Appalachian Basin well disruption,…

Excelerate Energy Delivers Finland’s First Ever Floating LNG Terminal

Dec 28, 2022 at 09:54 | Alex Kimani

Excelerate Energy, Inc. (NYSE: EE) announced on Wednesday that its floating storage and regasification unit ("FSRU"), the Exemplar, has anchored at…

Turkey Bets On Black Sea Gas To Slash Import Dependence

Dec 27, 2022 at 10:03 | Tsvetana Paraskova

Turkey announced on Monday a new natural gas discovery in the Black Sea and upgraded estimates for an already discovered field in the basin, in what could be…

Saxo Bank: UK Will Scramble For Gas When Wind Isn’t Blowing

Dec 22, 2022 at 09:03 | City A.M

The UK will be scrambling for highly expensive gas imports to meet its energy needs this winter to stave off blackouts whenever the wind doesn’t blow, warned a…

A Crisis Is Looming For The U.S. Energy Grid

Dec 21, 2022 at 09:15 | Felicity Bradstock

As U.S. energy infrastructure continues to go largely neglected and city populations keep rising, certain regions of America are under threat of electricity shortages for several years to…

Controversial Gas Cap Could Lead To Less LNG For The EU

Dec 21, 2022 at 08:48 | Tsvetana Paraskova

After months of negotiations, the EU finally agreed on Monday to set a price cap on natural gas to protect consumers from excessive price spikes and limit inflationary…

Deadly Blast Destroys Russia-Ukraine Gas Export Pipeline

Dec 20, 2022 at 11:43 | Alex Kimani

A gas pipeline in central Russia that brings gas from Russia's Arctic through Ukraine to Europe has been shut following a huge blast that ripped through and left…

Will Iraq Finally Start To Use Its Natural Gas Reserves?

Dec 20, 2022 at 09:00 | Simon Watkins

It has long been a point of extreme contention with the U.S. that Iraq continues to rely on neighbouring – sanctioned – Iran for around 40…

Saudi Arabia Uses Contested Gas Field As A Geopolitical Tool

Dec 12, 2022 at 08:35 | Simon Watkins

Although there have been signs in the past year or so that a softening of relations between historical enemies, Saudi Arabia and Iran,…

Can Russia Get The Support It Needs To Shake Up Central Asia’s Gas Market?

Dec 09, 2022 at 09:05 | Eurasianet

Turkmenistan’s vision for a trans-Afghan gas pipeline to Pakistan and India may be given a fillip in the most convoluted of manners. With Europe steadily drawing…

Artic Blast Draws Down European Natural Gas Inventories

Dec 09, 2022 at 08:24 | ZeroHedge

A continuing cold blast across Europe, something we pointed out at the first of the month was forecasted to happen, has led to…

U.S. Gasoline Prices Plunge Below Year Ago Levels

Dec 08, 2022 at 10:27 | Alex Kimani

After a relentless month’s long climb that saw gas prices hit record highs, U.S. national average gas prices have plummeted so much that Americans are now…

Uzbekistan Rejects Putin’s Natural Gas Union Idea

Dec 08, 2022 at 09:26 | RFE/RL staff

Uzbekistan has rejected the idea of creating a so-called "natural gas union" with Russia and Kazakhstan that was proposed by Russian President Vladimir Putin last month, a sign…

U.S. To Bail Out Britain By Doubling Natural Gas Exports

Dec 08, 2022 at 08:55 | City A.M

Under fresh plans to clamp down on the rising cost of living across the UK, the government has convinced the Biden administration to double US gas exports to…

The Clock Is Ticking For The EU To Agree On A Gas Price Cap

Dec 07, 2022 at 08:59 | Irina Slav

Winter is settling across Europe, bringing freezing temperatures that are leading to higher energy consumption, and the EU is still wrangling about the gas price cap that 15…

U.S. Played A Key Role In Germany’s Huge Gas Deal With Qatar

Dec 06, 2022 at 08:45 | Simon Watkins

The talks between Germany and various emergency gas suppliers that OilPrice.com has been tracking for the past couple of months or…

U.S. LNG Is Booming, But Who Supplies The Gas?

Dec 02, 2022 at 11:46 | Alex Kimani

This year, the United States became the world's biggest liquefied natural gas (LNG) exporter as deliveries to energy-starved buyers in Europe and Asia…

Would A Turkish Gas Hub Be Politically Palatable For Europe?

Dec 01, 2022 at 08:34 | Irina Slav

Last month, world media reported that Russia and Turkey were discussing setting up a gas hub in Turkey. The country, being one of the biggest buyers of Russian…

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