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Energy / Natural Gas

BP Taps Deep Gas Reservoirs In Azerbaijan’s Caspian Sea

Jan 31, 2023 at 09:10 | Eurasianet

UK oil giant BP has started drilling two new exploration wells to search for gas deep beneath the Caspian Sea. The announcement comes as Azerbaijan imports…

China May Have Big Impact On European Gas Prices Next Winter

Jan 31, 2023 at 08:56 | RFE/RL staff

    Nearly a month into 2023, Europe’s energy outlook is far more positive than many analysts predicted at the onset of winter. Unseasonably mild winter…

Is Russia Making Any Progress In Its Central Asia Gas Goals?

Jan 27, 2023 at 08:29 | Eurasianet

When Russia floated the idea of forging a tripartite gas union with Kazakhstan and Uzbekistan late last year, it fell flat.

Germany’s Energy Risks Are Fading, For Now

Jan 26, 2023 at 08:37 | ZeroHedge

Some European politicians and economists are breathing a sigh of relief after mild temperatures, increasing liquefied natural gas shipments, and above-average natural gas stockpiles have so far averted…

U.S. Natural Gas Prices Crash By 7%

Jan 26, 2023 at 07:43 | Charles Kennedy

U.S. natural gas prices fell below $3 per million British thermal units this week for the first time in two years amid continuing warm weather that started a…

Gas Exports In The Spotlight As Uzbekistan Faces Coldest Winter In 50 Years

Jan 25, 2023 at 08:54 | Eurasianet

As Uzbekistan freezes amid rampant power shortages in its coldest winter for half a century, there is a million-dollar question on the lips…

Europe’s Natural Gas Prices Have Fallen 25% This Month

Jan 25, 2023 at 07:58 | Tsvetana Paraskova

Europe’s benchmark gas prices extended losses early on Wednesday, falling by 3% in early trading in Amsterdam for a 25% decline so far this month, as inventories are…

U.S. Fightback In the Middle East Continues With Huge Chevron Deal

Jan 24, 2023 at 09:44 | Simon Watkins

After an extended period of reduced engagement in the Middle East and a refocusing inwards on itself, which allowed China and Russia to exploit the resultant power vacuum,…

Sanctions On Russia Are Stalling A Crucial Iranian Gas Project

Jan 24, 2023 at 09:26 | Simon Watkins

Things were not meant to go like this as far as Russia and Iran, and indeed China, were concerned, following the invasion of Ukraine on 24 February 2022.…

Sub-Zero Temperatures Set To Boost LNG Demand In Asia

Jan 24, 2023 at 07:31 | Charles Kennedy

A wave of freezing weather is sweeping across Asia and will likely boost energy demand on the continent as the thermometer plunges deep below zero. Per…

Dutch TTF Natural Gas Prices To Rise As Cold Snap Sweeps Europe

Jan 23, 2023 at 08:13 | Tsvetana Paraskova

Europe’s benchmark natural gas prices rose on Monday as demand increased during a cold snap in northwestern Europe and supply from Norway was expected to slip to a…

Natural Gas Prices Jump 10% In Early Trading

Jan 23, 2023 at 07:43 | Irina Slav

Natural gas prices have started the week with a gain of over 10 percent, but the recent trends in the price have concerned…

Is Europe’s Natural Gas Crisis Finally Over?

Jan 18, 2023 at 07:19 | ZeroHedge

Northwest Europe is half-way through the winter heating season and gas inventories are at a record high following an extended period of exceptionally mild temperatures since the middle…

Qatar To Move Ahead With Ambitious Petrochemical Megaproject

Jan 17, 2023 at 13:54 | Simon Watkins

Qatar has been a principal beneficiary of Russia’s invasion of Ukraine early last year, securing its top liquefied natural gas (LNG) exporter position and vigorously pursuing an expansion…

Could Europe Really Return to Russian Gas?

Jan 17, 2023 at 08:15 | Irina Slav

  Germany has ended its reliance on Russian gas. The news made some cheer and others smile sarcastically while they ask to see the bill. Cutting its independence…

EU Commission Wants To Start Joint Gas Purchases "Well Before Summer"

Jan 16, 2023 at 10:25 | Alex Kimani

The European Commission is aiming for EU countries to start buying gas jointly "well before summer", in a bid to help countries refill their storage and avoid a…

Powerful Explosion Rocks Natural Gas Pipeline Connecting Lithuania And Latvia

Jan 13, 2023 at 13:03 | ZeroHedge

Lithuania natural gas transmission operator Amber Grid told Reuters its pipeline that connects Lithuania to Latvia was rocked by an explosion on Friday.  Footage of the explosion emerged on…

TotalEnergies To Supply LNG To Germany’s Newest Import Terminal

Jan 13, 2023 at 09:51 | Tsvetana Paraskova

TotalEnergies will supply LNG and is contributing a floating storage and regasification unit (FSRU) to the Deutsche Ostsee LNG import terminal in Lubmin on the German Baltic Sea coast, which…

The Bullish Case For Natural Gas Futures

Jan 12, 2023 at 16:33 | ZeroHedge

Bearish factors have driven down natural gas futures by 61% since last August. Some factors include the delayed restart of the Freeport LNG export facility and a mild winter. Last…

Unseasonably Warm Weather Could Help End The War In Ukraine

Jan 12, 2023 at 09:17 | Haley Zaremba

Across Europe, hundreds of sites are logging record-breaking warm winter temperatures. Ski slopes are closed during what is typically their busiest time of…

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