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The Latest Breaking News from Natural Gas

Nat-Gas Prices Plunge on Ample Inventories and Robust Output

April Nymex natural gas (NGJ23 ) on Monday closed down -0.146 (-6.18%). Apr nat-gas Monday tumbled to a 5-week low and closed sharply lower on ample U.S. nat-gas inventories and ramped-up production. U.S. nat-gas inventories are +22.7% above their 5-year average as of March 17, and BNEF data showed lower-48...

Barchart

House GOP’s energy bill hitting the floor amid market volatility

WASHINGTON — House Republicans are pitching legislation queued up for a floor vote this week as a salve to high gasoline and electric costs, though it remains hazy how quickly and aggressively the measure would lower prices.

Tribune News Service

Crude Gains Sees Support from Easing Bank Turmoil

May WTI crude oil (CLK23 ) this morning is up +1.60 (+2.31%), and May RBOB gasoline (RBJ23 ) is up +3.88 (+1.52%). April Nymex natural gas (NGJ23 ) is down -0.115 (-5.19%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar this morning is bullish for...

Barchart

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Renewable energy saves money, creates jobs and cuts emissions. Why is Texas targeting it?

Texas easily leads the nation in oil and gas production, and the Lone Star State is also a top player in renewable energy.

Tribune News Service

3 Skyrocketing Energy Stocks to Buy, 2 to Sell

Despite rising recessionary fears, strong global energy demand and constrained supplies should drive the energy sector’s growth this year. Hence, fundamentally sound energy stocks Marathon Petroleum (MPC), PrimeEnergy Resources (PNRG), and Epsilon Energy (EPSN) could be ideal investments. On the contrary, avoiding struggling energy stocks Camber Energy (CEI) and NextDecade…

StockNews.com

House GOP’s energy bill hitting the floor amid market volatility - Roll Call

House Republicans are pitching a bill this this week as a way to reduce energy costs, but it’s unclear how quickly it might lower prices.

Roll Call

Lords to vote on allowing engineers to forcibly swap people to hydrogen boilers

The law would allow engineers to enter a house and remove a natural gas boiler to be replaced with a hydrogen boiler

Wales Online

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ConocoPhillips details gas leak cause, remedies at hearing

ConocoPhillips has detailed reasons and remedies following a natural gas leak last year on the North Slope that caused 300 employees to be evacuated

The Independent UK

Nat-Gas Prices Find Support on Colder U.S. Temps

April Nymex natural gas (NGJ23 ) on Friday closed up +0.062 (+2.88%). Apr nat-gas Friday posted moderate gains on expectations for colder U.S temperatures to boost heating demand for nat-gas. Forecaster Atmospheric G2 said that below-normal temperatures are expected across the northern, central, and western U.S. from March 29-April 2....

Barchart

Powering Europe's energy transition: EU bets on 'clean' hydrogen

Hydrogen accounts for less than two percent of the EU's energy production. It’s been used in various industries for some time, but those processes have relied on natural gas, leading to CO2 emissions. The EU's ambition is to turn hydrogen from a polluting niche market to a clean mass market.…

France 24

Economic Concerns Undercut Crude Prices

May WTI crude oil (CLK23 ) this morning is down -1.58 (-2.26%), and May RBOB gasoline (RBJ23 ) is down -3.32 (-1.29%). April Nymex natural gas (NGJ23 ) is up +0.046 (+2.14%). Crude oil and gasoline prices this morning are sharply lower due to ongoing concerns that the banking turmoil...

Barchart

Gaps seen in economic cooperation stance

BEIJING -- Chinese President Xi Jinping and Russian President Vladimir Putin confirmed Tuesday during their meeting in Moscow that their nations will further strengthen economic cooperation in areas including natural gas and currency trading. China is offering support to Russia, which is suffering from U.S. and European sanctions over its…

The Japan News/Yomiuri

Nat-Gas Prices Weighed Down by Robust U.S. Supplies

April Nymex natural gas (NGJ23 ) on Thursday closed down -0.017 (-0.78%). Apr nat-gas Thursday gave up an early advance and settled moderately lower. Robust nat-gas supplies are undercutting prices, with U.S. nat-gas inventories +22.7% above their 5-year average as of March 17. Nat-gas prices Thursday initially moved higher on...

Barchart

Crude Prices Firm as the Dollar Falls

May WTI crude oil (CLK23 ) this morning is up +0.62 (+0.87%), and May RBOB gasoline (RBJ23 ) is up +4.90 (+1.91%). April Nymex natural gas (NGJ23 ) is up +0.030 (+1.38%). Crude oil and gasoline prices this morning rose to 1-week highs and are moderately higher. Dollar weakness is...

Barchart

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Reuters

Strikes roiling French power sector cause fuel shortages

Industrial action disrupting French refineries has left some petrol stations short of fuel as strikes stretched into a 16th day on Thursday, also hitting liquefied natural gas (LNG) terminals, power supply and nuclear reactor maintenance.

Chicago Sun-Times

Illinois needs more oversight of natural gas utilities

We should enforce equitable consumer protections on every regulated energy monopoly operating in the state, regardless of the energy type that they deliver.

Capital & Main

Crypto Mining at Gas Wells Sparks Regulatory Headaches, Outcry in Northwestern Pennsylvania

Before obtaining the required permits, Diversified Energy began installing cryptocurrency mining infrastructure on one of its thousands of well pads.

Tribune News Service

California energy giant Sempra moves forward on major liquefied natural gas project in Texas

San Diego's Fortune 500 energy giant Sempra will add another major project to its roster of facilities that ship liquefied natural gas, or LNG, to destinations around the world.

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Capital & Main

Despite Rules, New Mexico Oil and Gas Producers Keep Polluting

A tour of the Permian Basin highlights weak enforcement by state and federal agencies.

Los Angeles Times

Commentary: Who profits from Southern California’s high gas bills? The problem is we don’t know

The doubling and in some cases quadrupling of Southern Californians’ natural gas bills in recent months stemmed from rapid price spikes in the so-called spot market, a real-time wholesale market for the fuel. The lack of transparency in California’s spot market for gasoline played a similarly major role in the…

France 24

Nationwide protests ahead of final votes on French pension reform

France saw on Wednesday an eighth day of protests against President Emmanuel Macron’s plans to raise the retirement age from 62 to 64. Garbage piled up in Paris and rail services were cancelled, with trade unions organising a show of force. Macron's pension overhaul neared its finale in parliament after…

Asharq Al-Awsat

Egypt, US Discuss Energy Security

Egypt’s Minister of Petroleum and Mineral Resources Tarek el-Molla held several meetings in Washington with some businessmen, research and academic institutions, officials of the Ministry of Energy, and members of the US Congress. The Minister said that his visit to the US aimed to discuss ways to enhance cooperation in…

Asharq Al-Awsat

Algeria is Main Supplier of Energy to Spain Despite Western Sahara Tensions

Algerian gas topped the list of Spain’s energy imports in January, despite a political dispute with Madrid over the Western Sahara issue. The specialized Arab news platform (Attaqa) has affirmed that Algerian gas exports represented more than a quarter of Spain’s imports in January. Algeria regained its place at the…

Bangkok Post

Pricey power bills expected to ease

Electricity bills are expected to decline from May to August as the fuel tariff (Ft) dips following a decrease in the price of liquefied natural gas (LNG), says Energy Minister Supattanapong Punmeechaow.

Radio France Internationale

French electricity company discovers deep crack in nuclear plant cooling system

French energy group EDF has reported a major crack in a cooling pipe at a nuclear power plant on the Channel coast. This is the latest such incident to plague the energy sector, already struggling to compensate for the unavailability of Russian natural gas.

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