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Energy / Natural Gas

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…

Russia Restarts Nord Stream Gas Supply To Europe

Jul 21, 2022 at 07:37 | Tsvetana Paraskova

Russian gas flows via Nord Stream resumed on Thursday morning after a 10-day hiatus due to regular maintenance, a spokesperson for the pipeline operator told Bloomberg. Europe, as well…

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…

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…

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