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The Latest Breaking News from Natural Gas

What happens if Russia turns off Europe’s gas supply this winter?

European countries are racing to prepare for the risk of Russia cutting gas exports. Here’s how things look

The Guardian - UK

Natural Gas Services Gr's Return On Capital Employed Overview

According to Benzinga Pro, during Q1, Natural Gas Services Gr (NYSE:NGS) earned $337.00 thousand, a 106.0% increase from the preceding quarter. Natural Gas Services Gr also posted a total of $20.34 million in sales, a 12.8% increase since Q4.

Benzinga

Thailand at risk of fuel crunch with imported gas too pricey

The government is curbing imports of liquefied natural gas due to surging prices, potentially putting the country at risk of fuel shortages.

Bangkok Post

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Thailand at risk of fuel shortages with imported gas too pricey

Thailand is curbing imports of liquefied natural gas due to surging prices, potentially putting the country at risk of fuel shortages.

Bangkok Post

4 Top-Rated Energy Stocks With Huge Momentum

Oil prices have been skyrocketing amid the global supply crunch and the heightened demand. With oil prices expected to remain elevated, top-rated energy stocks Western Midstream (WES), Birchcliff Energy (BIREF), PrimeEnergy Resources (PNRG), and TransGlobe (TGA), which have been soaring this year, might be ideal buys now. Read on.

StockNews.com

Egypt: US Chevron to Drill First Exploration Well in Eastern Mediterranean

Egypt’s state-owned gas company and United States-based Chevron Corp signed on Monday a preliminary agreement to explore sending natural gas from offshore Mediterranean fields to Egypt for processing and export, the petroleum ministry stated on Monday. The memorandum of understanding signed by Egyptian Natural Gas Holding Company (EGAS) and Chevron…

Asharq Al-Awsat

EXPLAINER: What's next after Russia reduced gas to Europe?

The war in Ukraine is fueling fears of a natural gas emergency in Europe

The Independent UK

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ConocoPhillips joins Qatar's mega gas expansion

Doha (AFP) - ConocoPhillips on Monday became the first US energy giant to sign up to help Qatar's massive natural gas expansion that has drawn global bidders anxious to assure new supplies.

AFP

Qatar Announces Italy’s Eni as Second Partner in North Field East Project

Qatar signed a deal with Eni on Sunday on the expansion of the North Field East (NFE) Project, the world's largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month. QatarEnergy CEO Saad al-Kaabi said Eni would own 25 percent of a new joint…

Asharq Al-Awsat

Kurri gas pipeline construction to create 400 jobs

Australia's largest natural gas infrastructure business APA Group has signed a 30 year agreement for the transport and storage of gas to the Hunter Power Project at Kurri.

Newcastle Herald

Gas might be expensive, but biogas comes with its own hidden cost in methane emissions

Compared to fossil fuels including natural gas, biogas — which is made from waste — is a cleaner, greener alternative — but researchers are still worried about emissions.

ABC News

Germany resorts to coal amid Russia gas supply cuts

Berlin (AFP) - Germany announced emergency measures on Sunday to ensure its energy needs after a drop in Russian gas supplies, including reverting to coal in what it called a "bitter but indispensable" step.

AFP

Italy's Eni joins giant Qatar gas project after Russian cuts

Doha (AFP) - Italian company Eni on Sunday joined Qatar Energy's $28.75 billion project to expand production from the world's biggest natural gas field, days after Russia slashed supplies to Italy.

AFP

Idaho Power is pulling out of coal, with plan to exit 50-year-old Wyoming plant

As it proceeds toward a clean-energy future, Idaho Power plans to exit a nearly 50-year-old Wyoming coal plant sooner rather than later, in part by converting parts of the coal plant to natural gas.

Tribune News Service

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StockNews.com

Forget Southwestern Energy, Buy These 3 Oil & Gas Stocks Instead

Oil and gas prices have remained elevated over the past few months due to the tighter supply caused by the ban on Russian oil and surging demand. However, Southwestern Energy (SWN) hasn’t been able to capitalize on the high oil prices because of its fundamental weakness. However, Occidental Petroleum (OXY),…

Radio France Internationale

France no longer receiving Russian gas via Nord Stream pipeline

France has not received any pipelined natural gas from Russia since 15 June, network operator GRTgaz said Friday, after Russian energy giant Gazprom warned this week it would sharply cut deliveries to Europe.

AFP

Russia gas squeeze threatens Europe's stockpiling plans

Paris (AFP) - With France becoming the latest country to be cut off from Russian natural gas, and supplies sharply reduced in Italy and Germany, Europe's summer stockpiling plans are looking shaky.

The Independent UK

Russia again cuts natural gas exports to European countries

Russia has reduced natural gas to Europe again as countries have worked to ease their dependence on Russian supplies amid the war in Ukraine

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Investors Business Daily

IBD 50 Stocks to Watch: Norwegian Oil Stock A Key Supplier For Europe

Equinor is the second-largest supplier of pipelined natural gas to Europe.

AFP

Gazprom defends gas cuts as prices in Europe soar

Saint Petersburg (AFP) - Russian energy giant Gazprom on Thursday defended gas cuts to Europe as prices soared and tensions raged between Russia and the West over Ukraine.

Al Jazeera

Is the EU deal with Israel and Egypt a way out from Russian gas?

Critics argue that the EU will face problems dealing with Israel and Egypt despite Brussels’s enthusiasm.

Benzinga

BlackRock Unveils Perpetual Infrastructure Strategy For Energy Transition, Security

BlackRock Inc (NYSE:BLK) will establish a perpetual infrastructure strategy to help companies transition to lower-carbon business models over time. Over half of the strategy will be allocated to Europe initially. BlackRock had initially planned 35% - 40% of its investments in Europe, Financial Times reported. The perpetual capital strategy will start with money in…

The Independent UK

Germany steps up calls to save energy as Russia reduces gas

Germany’s vice chancellor is stepping up an appeal for the country's residents to save energy after Russia’s Gazprom announced significant cuts in natural gas deliveries through a key pipeline

Bangkok Post

European gas rises further, escalating energy war

Natural gas prices in Europe jumped after Russia stepped up an energy war by cutting supplies through the largest link to the continent to less than half of its usual volumes.

Crikey

Ukraine seeks energy lending from Western nations to escape Russian chokehold

As Russia’s invasion of Ukraine continues, the beleaguered nation scrambles to secure energy support.

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