For the first time ever,…
U.S. President Joe Biden met…
Private equity firms are selling their assets and operations in U.S. shale plays to take advantage of soaring gas prices, Reuters has reported, noting the Haynesville play alone has…
After last week President Vladimir Putin said Russia could send more gas to Europe to alleviate a perceived shortage that has pushed prices to record highs, Gazprom has…
Surging spot prices of liquefied natural gas in Asia are giving LNG producers and sellers an advantage in contract negotiations for long-term supply with buyers, industry participants with knowledge of…
European natural gas prices have recently increased by about 400% after a five-year period of relative stability. There are several factors cited: a rapid rebound in gas demand…
Utilities trying to go green have a natural gas problem. Natural gas has long been touted by many industry insiders as a stepping stone away from dirtier fossil…
U.S. shale drillers appear to be worried about losing market share in Europe to Russia, Bloomberg reported last week, citing data from a Kansas Fed survey. But this…
For years, the United States has stood in strong opposition to the construction and then opening of the Nord Stream 2 pipeline, which runs under the Baltic Sea…
Russia's natural gas giant, Gazprom, raised its 2021 price guidance for natural gas exports, while signaling caution on volumes it could ship, as Europe’s energy crisis worsens. According to Bloomberg,…
For weeks now, there has been virtually no other news but the energy crunch that surprised Europe in September and has since then gone on to roil every…
China's energy crunch has resulted in power rationing in more than half of the provinces and affected the world's biggest production base for…
Record-high natural gas prices are prompting more utilities to switch from gas to oil derivatives, fanning the flames of an already strong oil price rally. A Reuters report quoted…
Gas prices in Europe are breaking record after record. The UK is facing supply shortages reminiscent of the late 1970s winter of discontent.…
Electricity supply in the United Kingdom will be tighter this winter compared to previous years, the chief executive of the UK’s National Grid told a Financial Times conference on…
As Europe’s benchmark gas prices hit records highs every day amid tight supply, the European Union (EU) is looking at a single-market response to the surging energy prices as it…
A year ago, the oil industry was struggling to stay afloat, with OPEC producers being told they were becoming increasingly irrelevant in a world set on a renewable…
The oil sector has lately been hogging the limelight after a spectacular recovery that has seen the sector become one of the top performers in the current year.…
Just one week ago, we highlighted the first victim of the latest "rogue wave" in global natural gas markets. As Miami-based Statar Capital gave up its "hefty…
China and Asia are winning the bidding war for natural gas supplies as the northern hemisphere goes into the winter season with woefully low inventories and recovering demand…
Hungarian Foreign Minister Peter Szijjarto has summoned Ukraine's ambassador over what he said was Ukraine's attempts to block Hungary's new long-term gas supply deal with Russia, which was…
Liquefied natural gas prices have broken a record, trading at over $34.40 per million British thermal units as forecasts of a cold winter in northern Asia and strong demand from…