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Energy / Natural Gas

EU Considers Controversial “Green Status” Proposal For Nuclear, Natural Gas

Jul 06, 2022 at 08:53 | Tsvetana Paraskova

The European Parliament did not block on Wednesday a European Commission proposal to include some natural gas and nuclear projects in the list of environmentally sustainable economic activities, paving the…

IEA: High Gas Prices Could Crush Demand Growth

Jul 05, 2022 at 08:33 | Irina Slav

Tight supply and energy security uncertainty have pushed natural gas prices to record highs, prompting a reversal of the expected strong increase in demand over the next five years, the…

EU Imports More U.S. LNG Than Russian Pipeline Gas For The First Time Ever

Jun 30, 2022 at 11:00 | Tsvetana Paraskova

For the first time ever, the European Union has imported in June more liquefied natural gas (LNG) from the United States than gas via pipeline from Russia, as Moscow slashed…

Europe’s Gas Prices Soar As Russian Supply Cuts Persist

Jun 27, 2022 at 10:14 | Tsvetana Paraskova

European benchmark gas prices jumped at the start of this week as Europe struggles to replace Russian gas losses to fill storage sites ahead of the winter. At the start…

Biden Snubbed Oil Firms And Met With Offshore Wind Partnership

Jun 24, 2022 at 10:30 | Charles Kennedy

U.S. President Joe Biden met on Thursday with governors, labor leaders, and business leaders to discuss the implementation of more offshore wind capacity, snubbing oil company executives who were…

Buyers Scramble To Lock In Long Term LNG Contracts In 2022

Jun 23, 2022 at 10:27 | Alex Kimani

    Demand for long-term LNG contracts has increased sharply in the current year, with suppliers taking advantage of robust demand thanks to a global effort to cut…

Germany Triggers Phase 2 Of Gas Emergency Plan

Jun 23, 2022 at 09:18 | Irina Slav

Germany has triggered the second phase of its three-phase gas emergency plan as it braces up for the possibility of a complete halt of gas supplies from Russia via the…

IEA: Europe Should Prepare For Complete Russian Gas Shutdown

Jun 22, 2022 at 09:36 | Irina Slav

Europe should prepare for a complete suspension of Russian natural gas deliveries, the head of the International Energy Agency told the Financial Times in an interview. “Europe should be…

Turkmenistan Only Has One Customer For Its Natural Gas

Jun 21, 2022 at 09:13 | Eurasianet

Turkmenistan talks a big game about diversifying export markets for its natural gas, but China will be the only major customer for the foreseeable future. The…

Iraq Joins Liquefied Gas Market

Jun 21, 2022 at 06:39 | Irina Slav

Iraq has entered the market for liquefied petroleum gas, with its first shipment ever taking place this week. In a statement, the Iraqi Oil Ministry said that first shipment…

Qatar Expands LNG Capacity To Become Europe’s Emergency Gas Supplier

Jun 20, 2022 at 10:47 | Simon Watkins

Following on from the recent signing by Qatar of a declaration of intent on energy cooperation with Germany aimed at becoming its key supplier of liquefied natural gas…

Russia’s Gas Deliveries To Europe Plunge Further

Jun 17, 2022 at 10:55 | Tsvetana Paraskova

Natural gas flows from Russia to Europe continued to dive on Friday, with buyers in Italy, Germany, Austria, and Slovakia receiving much lower volumes than usual. Gas flows to France…

Gas Prices In Europe Jump Higher On Latest Gazprom Supply Cuts

Jun 16, 2022 at 07:17 | Irina Slav

European benchmark gas prices soared higher today after Gazprom cut the volumes of gas it transports via the Nord Stream 1 pipeline further on Wednesday, gaining 8 percent in morning…

Gazprom Reduces Gas Flows To Italy

Jun 15, 2022 at 09:53 | Julianne Geiger

Russia's Gazprom has reduced the flow of gas to Italy, an Eni spokesman has said, according to Reuters. Gazprom did not give a reason for the reduction. "Eni confirms that…

Wyoming And Colorado Are Looking To Join The LNG Party

Jun 14, 2022 at 10:39 | Irina Slav

With the United States set to become the world’s largest LNG exporter this year thanks to robust demand for the superchilled fuel, a…

Europe’s Gas Prices Surge 13% As Russia Reduces Nord Stream Flow

Jun 14, 2022 at 09:57 | Tsvetana Paraskova

Russia’s Gazprom said on Tuesday that it would limit natural gas supply via the Nord Stream pipeline to Germany by 40 percent compared to planned flows because of a…

Can Azerbaijan Help Solve Europe’s Gas Crisis?

Jun 10, 2022 at 10:54 | James Durso

The Russia-Ukraine war disrupted global supply chains and weakened economies worldwide, but it spells opportunity for Azerbaijan, the hinge of Europe and Asia. The U.S. and…

It’s Time For Africa To Harness Its Natural Gas Potential

Jun 09, 2022 at 10:50 | Felicity Bradstock

The International Energy Agency (IEA) and other regional bodies have repeatedly stated the importance of natural gas in supporting a transition away from fossil fuels to renewable alternatives.…

Big Oil Set To Win Stakes In Qatar’s Huge LNG Expansion Projects

Jun 07, 2022 at 09:56 | Tsvetana Paraskova

Some of the biggest international oil and gas majors, including ExxonMobil, Shell, and TotalEnergies, are expected to be awarded stakes in the major expansion projects of one of the world’s…

LNG Tanker Rates Soar To Highest Level In 10 Years

Jun 06, 2022 at 10:04 | ZeroHedge

Last week we showed that while US nat gas prices have had several catalysts that have propelled them higher in recent weeks, one of the biggest drivers why…

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