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Breaking News:

Oil Should Stay In Triple Digits: Analyst

Germany Triggers Phase 2 Of Gas Emergency Plan

Germany Triggers Phase 2 Of Gas Emergency Plan

Germany has triggered the second…

Iraq Joins Liquefied Gas Market

Iraq Joins Liquefied Gas Market

Iraq has entered the market…

Energy / Natural Gas

EU Will Not Decide On Gas Price Cap At This Week’s Summit

May 30, 2022 at 09:28 | Charles Kennedy

The leaders of the European Union will not decide to impose a cap on natural gas prices when they meet for a summit in Brussels on Monday and Tuesday, Paolo…

Can Egypt And Israel Fill The European Energy Vacuum?

May 27, 2022 at 14:04 | Cyril Widdershoven

As European energy markets are dealing with the fallout of Russia’s invasion of Ukraine, Brussels now seems to have realized that there are natural gas and LNG sources…

Expect High LNG Prices For Years To Come

May 27, 2022 at 11:49 | Tsvetana Paraskova

Since Russia's invasion of Ukraine upended global energy markets, the LNG industry has been grappling with many uncertainties. In fact, the only real certainty is that spot LNG…

U.S. Natural Gas Prices Hit $9 For The First Time Since 2008

May 25, 2022 at 08:44 | Tsvetana Paraskova

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…

U.S. Natural Gas Prices Are Set For A Sustained Rally

May 23, 2022 at 10:17 | Irina Slav

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…

LNG Demand Is Soaring As Europe Races To Replace Russian Gas

May 18, 2022 at 10:25 | Tsvetana Paraskova

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…

U.S. LNG Is Quickly Becoming The World’s Hottest Commodity

May 18, 2022 at 10:19 | Ag Metal Miner

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

German Industry Boss: Cutting Off Russian Gas Would Be “Catastrophic”

May 17, 2022 at 10:00 | ZeroHedge

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…

Europe Looks To African Gas To Reduce Dependence On Russian Imports

May 13, 2022 at 12:01 | Rystad Energy

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…

Russia Cuts Gas Supply To Seized German Gazprom Unit

May 13, 2022 at 11:56 | ZeroHedge

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'…

Barclays: Russian Gas Halt Would Plunge Euro Below U.S. Dollar

May 13, 2022 at 10:01 | Tsvetana Paraskova

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…

UK Ramps Up LNG Imports, But Consumers Unlikely To See Relief

May 12, 2022 at 10:16 | Irina Slav

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…

Economy Minister: Germany Can Survive Without Russian Gas

May 12, 2022 at 09:02 | Irina Slav

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…

Gazprom Claims It's "Technically Impossible" To Reroute Gas To Europe

May 11, 2022 at 10:04 | Charles Kennedy

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 Halts Russian Gas Shipments Through Key Hub

May 11, 2022 at 09:36 | RFE/RL staff

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…

Top German Gas Buyer Concedes To Russian Payment Scheme

May 10, 2022 at 08:16 | Irina Slav

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…

Southeast Europe’s Search For Natural Gas Supplies

May 06, 2022 at 12:29 | Eurasianet

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 Braces For Russian Gas Cut-Off Ahead Of NATO Decision

May 05, 2022 at 13:23 | Tsvetana Paraskova

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…

Europe Is Buying Natural Gas At A Premium To Fill Up Its Storage

May 05, 2022 at 09:22 | Irina Slav

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

Greece And Bulgaria Plan New LNG Terminal To Cut Russian Gas Reliance

May 03, 2022 at 09:27 | Tsvetana Paraskova

The leaders of Bulgaria and Greece launched on Tuesday the construction of an LNG import terminal near the northern Greek port of Alexandroupolis,…

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