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The Latest Breaking News from Natural Gas

Utility recommends natural gas plant despite objections

The nation’s largest public utility is recommending replacing an aging coal burning power plant with natural gas, ignoring calls for the Tennessee Valley Authority to speed its transition to renewable energy

The Independent UK

BCP keen on new business supplying LNG to factories

SET-listed energy conglomerate Bangchak Corporation (BCP) is growing its new business in the energy logistics sector by supplying liquefied natural gas (LNG) to factories located outside the service area of onshore gas pipeline networks.

Bangkok Post

IBD 50: Energy Stock TotalEnergies Breaks Out On European Natural Gas Demand

Energy stock TotalEnergies broke out of a cup base after a strong quarter due to higher gas prices and European demand. Strong near-term outlook.

Investors Business Daily

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Lt. Gov. Dan Patrick prioritizes property tax relief, electric grid fixes and border security for 2023 legislative session

Patrick, who presides over the Senate and wields tremendous power over legislation, said lawmakers have an “extraordinary opportunity” to shape the future of Texas at the start of the next legislative session, which begins Jan. 10.

The Texas Tribune

Are energy costs expected to rise this winter?

Our nation, in numbers. USAFacts provides a comprehensive, nonpartisan view of the state of our union.

USAFacts

Saudi Arabia Announces Discovery of Two New Unconventional Gas Fields

Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz announced on Wednesday that Saudi Aramco has discovered two new unconventional natural gas fields in the eastern region, reported the Saudi Press Agency. Awtad unconventional gas field has been discovered southwest of Ghawar field, 142 km southwest of Al-Hofuf.

Asharq Al-Awsat

Macron goes to Washington: Will brewing transatlantic trade row sour state visit?

It's a state visit that's also a chance to gauge superpower status. French President Emmanuel Macron heads to Washington at a time when Europeans are wondering aloud if Vladimir Putin’s invasion of Ukraine has not made the EU even more dependent on the United States. Arming the Ukrainians has shown…

France 24

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Qatar to supply liquefied natural gas to Germany from 2026

Qatar is to supply liquefied natural gas to Germany under a 15-year deal as the European economic powerhouse scrambles to replace Russian gas supplies that were cut during the ongoing war in Ukraine

The Independent UK

Energy CEO says markets should brace for 'one or two years of extreme volatility'

The head of one of Europe’s largest energy companies says turmoil is far from over, and European nations should start thinking ahead.

Fortune

Qatar says it sees ‘no limit’ to German gas shipments amid World Cup controversy

Qatar said there was no limit to the amount of liquefied natural gas (LNG) that the country is willing to ship to Germany, after signing a 15-year deal on Tuesday.

The Independent UK

QatarEnergy, ConocoPhillips Sign LNG Supply Deal for Germany

QatarEnergy and ConocoPhillips on Tuesday signed two sales and purchase agreements to export liquefied natural gas (LNG) to Germany for at least 15 years from 2026, the first such supply deal to Europe from Qatar's North Field expansion project. The deal will provide Germany with 2 million tons of LNG…

Asharq Al-Awsat

US rule would limit methane leaks from public lands drilling

The Interior Department has proposed rules to limit methane leaks from oil and gas drilling on public lands

The Independent UK

Russian energy giant says no further gas cuts to Moldova

Russian energy giant Gazprom announced Monday that it will not further reduce natural gas to Moldova as it had threatened to do after claiming that bills went unpaid and that flows crossing through Ukraine were not making it to Moldova

The Independent UK

Egypt Exports 90% of its Gas to European Markets

Egypt exported eight million tons of liquefied natural gas (LNG) this year, up from seven million in 2021, announced Minister of Petroleum and Mineral Resources Tarek El-Molla. During the opening of the eighth Egypt Oil and Gas Convention in Cairo, Molla said that 90 percent of Egyptian LNG exports would…

Asharq Al-Awsat

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The Independent UK

Energy-rich Qatar faces fast-rising climate risks at home

World Cup host Qatar sits in a region that is warming faster than anywhere else on earth besides the Arctic

WEKU

Europe fears its industries will jet to the U.S. as energy costs force plant closures

Duralex glassware maker is just one company that's suspended operations over spiking energy costs after a cutoff of Russian natural gas.

Bangkok Post

PTT asked to help subsidise power charges

The National Energy Policy Council chaired by the prime minister wants PTT Group to contribute 6 billion baht from its gas separation revenue to help freeze electricity fees for small users from January to April next year, according to the energy minister.

The Independent UK

IEA chief sees energy crunch for Europe next winter

The head of the International Energy Agency says Europe should be able to cope with the natural gas supply crunch in the coming months thanks to considerable reserves but warned that the continent could face a bigger energy crisis next winter

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The Independent UK

EU nations work on rift over gas price cap as cold sets in

European Union nations have not been able to surmount bitter disagreements in their struggle to effectively shield 450 million citizens from massive increases in their natural gas bills as cold weather sets in

France 24

EU energy ministers hold tense talks on Russian natural gas price cap

Talks are taking place in Brussels on a proposal to set the ceiling for the price of Russian natural gas at €275 per megawatt hour. The plan has come under criticism from all sides for either being too complicated, too high or unnecessary. Meanwhile, the G7's plan to cap Russian…

The Independent UK

First floating LNG terminal arrives at German port

The first of several ships that will serve as floating terminals to receive liquefied natural gas imports in Germany have arrived off the Baltic Sea port of Mukran

Investors Business Daily

IBD Stock Of The Day: Peabody Energy Nears Buy Point As Natural Gas Prices Rise

BTU stock surged toward a buy point on Tuesday, as investors in coal giant Peabody Energy eye rising natural gas prices.

The Independent UK

Russia's Gazprom threatens Europe gas cuts through Ukraine

Russian energy giant Gazprom has threatened to reduce natural gas supplies through the last pipeline heading to Europe via Ukraine, saying the amount it's supplying for Moldova is not ending up in the former Soviet republic

The Independent UK

Nigeria drills for oil in new field as theft erodes earnings

Nigeria has begun drilling oil and natural gas in the country’s northern region, anticipating a boost to the nation’s finances even as the new energy supplies face the threat from theft and extremist activity

Salon

Energy dearth sets back renewable energy

The invasion of Ukraine caused an energy deficit — now European countries scramble to find fossil fuel options

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