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The Latest Breaking News from Natural Gas

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

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.

Reuters

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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.

Chicago Sun-Times

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.

Capital & Main

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.

Tribune News Service

Despite Rules, New Mexico Oil and Gas Producers Keep Polluting

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

Capital & Main

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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…

Los Angeles Times

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…

France 24

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…

Asharq Al-Awsat

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.

Bangkok Post

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.

Radio France Internationale

Make natural gas utilities more accountable to customers and the state

It’s unfair and costly to consumers to allow gas companies to get away with not providing basic transparency and safety information to consumers and regulators.

Chicago Sun-Times

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ABC News

WA's slow renewable energy transition raises doubts about whether coal power stations can close by 2029

New data shows the state received just 5 per cent of the renewable energy capacity that companies committed to last year, raising concerns about whether coal-fired power stations will be able to close at the end of the decade.

The Canberra Times

'We don't fit all the rules': Businesses look for electrification pathway

The ACT government has taken the next step in its plan to switch off gas, calling for feedback on proposed legislation to ban new gas connections.

Inverse

Scientists Want to Burst Underground Gas Bubbles To Access More Helium — Will It Work?

While helium is usually isolated from natural gas, scientists may have found a more sustainable source.

Asharq Al-Awsat

US, Qatar, Egypt Supply Europe’s LNG Demand

European imports of liquefied natural gas (LNG) rose by 63 % in 2022, to compensate for the interruption of supplies through Russian gas pipelines. LNG imported by Europe increased by 66 bcm, according to a recent report by the International Energy Agency (IEA). While the US supplied approximately two-thirds (43…

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Tribune News Service

Emitting greenhouse gases in Washington state? Here's who will need to pay up to pollute

SEATTLE — Blue and orange flames flicker and whir within five massive natural gas-fired boilers, visible only through hatches where coal used to be shoveled.

The Texas Tribune

What you need to know about Texas’ complex — but important — electricity market reform plan

The idea, which still lacks some important details and could be changed by state lawmakers, would change how electricity is paid for in tight times. We explain it for everyday Texans.

Asharq Al-Awsat

Drone Crashes in Failed Attack Southeast of Moscow, Regional Governor Says

A drone crashed near a natural gas distribution station southeast of Moscow on Tuesday in an apparent failed attack 110 km (68 miles) from the center of the Russian capital, the regional governor said. Andrei Vorobyov reported the incident near the town of Kolomna shortly after the Defense Ministry accused…

Tribune News Service

PG&E delivers bill shocks to customers amid soaring natural gas prices

Soaring prices for natural gas and this winter’s icy blasts have jolted unsuspecting PG&E customers with brutal — and fast-rising — monthly utility bills.

The Independent UK

Inquiry issues damning report into Dutch gas drilling

A Dutch parliamentary inquiry has released a damning report into the government’s handling of lucrative natural gas extraction that caused a string of earthquakes in the northern province of Groningen

Tribune News Service

Protect gas stoves? NC bill would prevent local bans on natural gas hookups

Members of North Carolina’s House of Representatives are again seeking legislation that would prevent counties and municipal governments from banning the use of natural gas or any other form of energy to heat buildings or power appliances.

Texas Observer

Natural Gas Terminal Reopens After Massive Explosion

Regulators say the company fixed flaws at the natural gas plant which led compressed methane to burst from a pipe and catch fire.

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