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The Latest Breaking News from Natural Gas

Europe has avoided energy collapse. But is the crisis over?

Warm weather is helping Europe keep the lights and heat on this winter despite Russia cutting off most of its natural gas supply to the continent

The Independent UK

US safety agency to consider ban on gas stoves amid health fears

A federal agency says a ban on gas stoves is on the table amid rising concern about harmful indoor air pollutants emitted by the appliances.

Tribune News Service

Brickbat: Bad Gas

The Colorado Public Utilities Commission has passed rules that could make it more difficult and more expensive to build new natural gas pipelines or extend existing ones in the state. The rules require regulators to sign off on any pipeline construction plans by natural gas utilities with more than 90,000…

Reason

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Putin has gambled away gas leverage, says German vice-chancellor

Robert Habeck says ‘half of our eggs were in the basket of Putin’ but Germany is now recovering capacity

The Guardian - UK

COUNTERPOINT: On energy policy, let’s live in the now

“Still decades and hundreds of billions of dollars away”: that was the sobering refrain from the recent nuclear fusion announcement that has already taken decades and cost taxpayers hundreds of billions of dollars to get to this point of … wait for it … still being decades and hundreds of…

Tribune News Service

EU hails high gas storage levels despite Russian cuts

The European Union says natural gas storage levels are high despite Russian attempts to choke off supplies to Europe amid the war in Ukraine

The Independent UK

Wholesale UK gas prices now lower than at start of Ukraine war

Natural gas futures have fallen below 170p over the past few days, whereas it cost over 500p following Putin's invasion of Ukraine, and over 650p in August

Wales Online

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Texas power grid operator's independent monitor says state shouldn’t meddle with market

AUSTIN, Texas — The independent authority for Texas’ power grid operator ERCOT has a novel idea for how state officials should tackle restructuring Texas’ electricity market in the wake of 2021′s deadly winter storm: do nothing.

Tribune News Service

Bulgaria signs deal for access to Turkey's LNG terminals, gas network

Bulgaria's state gas company Bulgargaz signed on Tuesday a long-term deal with Turkish state gas firm Botas for access to neighbouring Turkey's terminals for liquefied natural gas and transit to its border.

Reuters

European gas prices fall to lowest level since Ukraine war

Paris (AFP) - Europe's wholesale natural gas prices fell Monday to their lowest level since Russia invaded Ukraine, which had driven them to a record high last year.

AFP

Power failures amplify calls for utility to rethink gas

A federal utility’s decision to resort to rolling blackouts after coal and natural gas units went offline during dangerously cold conditions has intensified questions about the Tennessee Valley Authority’s recent decision to double down on fossil fuels

The Independent UK

100 Best Stocks Of 2022: Fossil Fuel Ignites, Solar Shines, Meds Make Miracles

Historic 2022 inflation lifted energy and value stocks while sinking growth plays.

Investors Business Daily

Diesel Prices In 2023? Don't Expect Much Relief

Diesel prices are off record highs but remain elevated. Analysts expect tight supplies and strong demand in 2023.

Investors Business Daily

Egypt’s Natural Gas Export Revenue Spikes 171%

The Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla said on Wednesday that Egypt’s output of petroleum products amounted to around 79.5 MT in 2022, including around 50.6 MT of natural gas. Egypt’s exports of natural gas rose to $8.40 billion in 2022, a surge of 171 percent from…

Asharq Al-Awsat

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Tribune News Service

Texas Gov. Greg Abbott lashes Atmos Energy for spotty delivery of natural gas during storm

AUSTIN, Texas – Gov. Greg Abbott has asked state regulators to investigate Atmos Energy for failing to deliver natural gas to North Texas residents during the recent cold snap.

The Texas Tribune

Greg Abbott calls for investigation into Atmos Energy following disrupted natural gas services during freeze

Atmos, a major natural gas provider for the state, apologized for last week’s service disruption that left some Texans without heat during freezing weather.

Investors Business Daily

Stock Market Closes Lower; Nasdaq Losses Deepen On Falling Home Sales, Energy Prices

Stock market falls in late trading as home sales drop. Oil and natural gas stocks fall on sliding gas prices.

Investors Business Daily

Stock Market Reverses Lower As Nasdaq Drops Nearly 1%; This IBD 50 Stock Hits Sell Signal

The Nasdaq composite, which was up 0.4% earlier, was down 0.8%. The index is testing its 2022 lows.

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The Independent UK

Finland gets floating LNG terminal to replace Russian gas

Finland’s first floating liquefied natural gas terminal has been moored at the southern port of Inkoo where it will supply the Nordic country, which was cut off from Russian gas imports earlier this year amid the war in Ukraine

WEKU

Climate activists are fuming as Germany turns to coal to replace Russian gas

Germany is firing up coal plants and importing liquefied natural gas to shore up energy supplies. Activists are carrying out increasingly disruptive protests, gluing themselves to roads and runways.

Salon

Texas grid holds amid record demand

As freezing temperatures enveloped Texas, demand for electricity Friday morning shattered peak expectations

Tribune News Service

Oil passes natural gas as main fuel for power plants in New England

Oil took over from natural gas as the leading fuel for power plants in New England, a significant switch that signals how the grid is desperately trying to keep the lights on in the face of a winter massive storm.

Reuters

Japan firms to stop insuring ships in all Russian waters -Nikkei

Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in Ukraine, potentially affecting Japan's energy imports such as liquefied natural gas (LNG), the Nikkei newspaper said on Saturday.

Investors Business Daily

Natural Gas Prices Advance On Frigid Temps; Gas Stocks Mixed With Freeport LNG Delay

U.S. natural gas prices advance Friday while LNG stocks and natural gas stocks were mixed.

Reuters

Turkey accuses Cyprus of increasing tension in east Med over gas exploration

Turkey on Friday accused Cyprus of increasing tension in the Eastern Mediterranean after a consortium of Italian and French energy companies found more natural gas off the island earlier this week.

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