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American Energy Bills Are Set To Soar This Winter

American Energy Bills Are Set To Soar This Winter

As the global energy supply…

Europe Faces An Exodus Of Energy-Intensive Industries

Europe Faces An Exodus Of Energy-Intensive Industries

Soaring energy costs are forcing…

Energy / Natural Gas

How The EU Plans To Cut Natural Gas Consumption By 15%

Aug 17, 2022 at 09:49 | Felicity Bradstock

Last week, European Union ministers accepted major gas cuts across Europe in the face of gas shortage worries going into the winter. So what are countries around the…

U.S. Natural Gas Rises To Two-Week High On Strong Demand

Aug 11, 2022 at 11:32 | Charles Kennedy

Despite a larger-than-expected stock increase, U.S. natural gas prices rose on Thursday to a two-week high on expectations of strong demand in the coming days and lower production. As of…

World’s Largest LNG Traders See Losses Mount Despite High Prices

Aug 10, 2022 at 09:02 | Tsvetana Paraskova

Despite sky-high LNG prices, the world's largest liquefied natural gas traders have seen hundreds of millions of U.S. dollars in losses in recent months as production outages diminished…

Standard Chartered: Putin’s Gas Weapon Is Weakening As Inventories Build

Aug 10, 2022 at 08:48 | Tsvetana Paraskova

Europe's gas storage is filling despite significantly lower Russian pipeline supply this year, which has weakened the power of Vladimir Putin's "gas weapon" against the EU, analysts at Standard Chartered…

How Will Gazprom Fare Without Its Biggest Cash Cow?

Aug 05, 2022 at 11:07 | RFE/RL staff

When senior managers at Kremlin-controlled natural gas producer Gazprom arrived in New York in February 2020 to present a business update to U.S. investors, the company had just…

Global Thirst For Natural Gas Triggers Middle East Spending Spree

Aug 04, 2022 at 09:30 | Tsvetana Paraskova

The world’s top oil exporting region, the Middle East, is looking to boost natural gas production and exports as global and local gas demand is set to grow…

Shale Giant Chesapeake To Exit Oil As It Focuses On Natural Gas

Aug 03, 2022 at 09:39 | Tsvetana Paraskova

Shale pioneer Chesapeake Energy will focus on its key shale gas plays in the United States and will consider its oil-producing acreage in the Eagle Ford as non-core business in…

EU Gas Dependence On Russia Falls By 50%

Aug 02, 2022 at 10:47 | Irina Slav

The European Union has reduced its dependence on Russian gas deliveries by 50 percent, but savings will be necessary to make up for the difference with alternative supplies. This is…

U.S. Natural Gas Production Hit An All-Time High In 2021

Aug 02, 2022 at 10:16 | Robert Rapier

This article is the fourth in a series on the BP Statistical Review of World Energy 2022. The Review provides a comprehensive picture…

Gas Shortage Sparks Energy Security Fears In Asia

Aug 02, 2022 at 10:12 | Ag Metal Miner

It’s no secret that Russia’s invasion of Ukraine has had a massive global impact. From the sanctions to the natural gas supply cutoffs, the economic toll is both…

UAE’s ADNOC Awards Huge Contracts To Boost Gas Output At Critical Time

Aug 01, 2022 at 18:00 | Simon Watkins

The UAE’s state-owned Abu Dhabi National Oil Co. (ADNOC) has awarded $2 billion worth of drilling contracts to spur the development of the Hail and Ghasha sour gas…

Hezbollah Threatens Israel With War Over Disputed Gas Field

Aug 01, 2022 at 09:29 | Charles Kennedy

Lebanon’s armed Hezbollah group warned Israel on Sunday against drilling at an offshore gas field, renewing a threat that it could escalate the offshore border demarcation dispute to a…

EU Members Urge Citizens To Reduce Energy Consumption

Jul 28, 2022 at 10:00 | ZeroHedge

European Union policymakers have started to prepare the public for siege conditions this winter if gas supplies from Russia are completely cut, an effort to demonstrate diplomatic resolve as well…

Russia’s New Gas Deals With Iran Are A Threat To The West

Jul 25, 2022 at 09:36 | Simon Watkins

Russian President, Vladimir Putin, arrived in Tehran last week for the second time since he ordered the invasion of Ukraine on 24 February. Just before his arrival, Russia’s…

The U.S. Becomes World’s Top LNG Exporter

Jul 25, 2022 at 09:35 | Tsvetana Paraskova

High demand in Europe, high natural gas prices, and increased export capacity made the United States the world’s largest exporter of liquefied natural gas (LNG) in the first…

Putin: Gazprom Could Further Cut Gas Flows Via Nord Stream

Jul 20, 2022 at 07:18 | Tsvetana Paraskova

Russia’s Gazprom could cut natural gas flows to Europe via Nord Stream even more due to slow progress with the maintenance of the gas turbines at compressor stations, Russian President…

EU Considers Mandatory Gas Rationing

Jul 19, 2022 at 08:54 | Tsvetana Paraskova

The European Commission, the EU’s executive arm, plans to propose emergency powers that would include binding cuts in natural gas consumption in EU member states in case of supply emergencies…

Long Term LNG Contracts Are The Future For Natural Gas Markets

Jul 18, 2022 at 09:58 | Irina Slav

Several years ago, the leaders of the European Union sat back contentedly and watched the spot market for the natural gas they had put so much effort into…

Soaring U.S. Production Can't Keep LNG Prices In Check

Jul 15, 2022 at 12:10 | Alex Kimani

U.S. natural gas has rallied as much as 10% to a two-week high following forecasts for hotter than usual weather to continue across much of…

What Is Keeping America From Realizing Its LNG Potential?

Jul 13, 2022 at 10:40 | Tsvetana Paraskova

The United States is shipping record volumes of liquefied natural gas (LNG) to Europe to help EU allies in their efforts to fill gas storage ahead of the…

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