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Energy / Natural Gas

Only One EU Member Is Still Receiving Russian Natural Gas

Oct 03, 2022 at 08:34 | ZeroHedge

With three of the four pipelines delivering Russian natural gas to Europe out of commission, Hungary is now the only EU member state…

Europe’s Winter Energy Preparations: Too Little Too Late?

Sep 30, 2022 at 12:16 | Irina Slav

Windfall taxes, power rationing, and price caps on imported gas: these are the main ideas the European Union has produced as it struggles to contain an energy shortage…

American Energy Bills Are Set To Soar This Winter

Sep 30, 2022 at 09:21 | Robert Rapier

Domestic oil production remains nearly a million barrels per day (BPD) below the monthly record level set just before the Covid-19 pandemic caused production to plunge. The all-time…

Is Germany’s Ambitious LNG Plan Too Little Too Late?

Sep 26, 2022 at 09:21 | Simon Watkins

As Europe heads into winter and sanctions remain in place on Russian gas and oil after its invasion of Ukraine, the de facto leader…

Pierre Andurand: Europe Can Replace Large Part Of Russian Gas With LNG

Sep 26, 2022 at 08:49 | Tsvetana Paraskova

Europe has been importing record volumes of LNG this year to replace pipeline gas from Russia, and LNG supply will go a long way in ensuring most of…

Europe Faces An Exodus Of Energy-Intensive Industries

Sep 23, 2022 at 08:56 | Irina Slav

Soaring energy costs in Europe are shutting down businesses and threatening a bloc-wide recession. Yet not everyone accepts this fate. Some companies are moving to cheaper locations: the…

LNG Exporters Face Risk Of Stranded Assets Despite Current Demand Boom

Sep 22, 2022 at 10:36 | Tsvetana Paraskova

Desperately scrambling for non-Russian gas supply to keep the lights and heating on this winter, Europe is driving a surge in liquefied natural gas (LNG) imports and prices.    …

Can Argentina’s Dead Cow Shale Patch Save Its Economy?

Sep 22, 2022 at 09:28 | Matthew Smith

Like countries across Latin America, Argentina was hit hard by the COVID-19 pandemic. Infection and death rates surged despite the government in Buenos Aires implementing a strict lockdown.…

The Pullback In Natural Gas Has Created An Opportunity

Sep 21, 2022 at 12:39 | Alex Kimani

  U.S. natural gas prices have hit a fresh six-week low, closing at $7.75/MMBtu on Monday with the Wall Street Journal saying that…

UAE Accelerates Development Of Huge Gas Field As High Prices Persist

Sep 20, 2022 at 08:41 | Simon Watkins

Continued high gas prices in Europe in the aftermath of Russia’s invasion of Ukraine in February have prompted several major European oil and…

Gazprom Doubles Export Revenue Despite Delivering 43% Less Gas To Europe

Sep 13, 2022 at 07:46 | ZeroHedge

This year, Gazprom supplied 43 percent less gas to Europe than last year, but raised prices by three times on average. This translated to the…

This Large U.S. Driller Just Made A Big Move Into LNG

Sep 12, 2022 at 10:27 | David Messler

Devon Energy, (NYSE: DVN), announced a deal with Delfin Midstream (privately held) on Monday September, 5th, to buy into a…

Azerbaijan To Ramp Up Gas Exports To Europe By 30%

Sep 12, 2022 at 08:27 | RFE/RL staff

Azerbaijan will increase natural gas exports to Europe this year by 30 percent as the EU seeks to lessen its dependence on Russian energy amid the Kremlin's invasion…

Buyers Are Stocking Up On Floating LNG Ahead Of The Winter

Sep 09, 2022 at 12:09 | Tsvetana Paraskova

Utilities and natural gas traders have been keeping the highest volumes of liquefied natural gas (LNG) at sea in two years as onshore gas terminals are full, and…

EU Energy Ministers Divided On Russian Natural Gas Price Cap

Sep 09, 2022 at 11:44 | Julianne Geiger

EU county energy ministers met on Friday in an emergency setting to discuss capping the price of Russian gas but ended the meeting without an agreement, according to…

The UK’s New Prime Minister Considers Lifting Fracking Ban

Sep 08, 2022 at 06:30 | Tsvetana Paraskova

The UK is lifting a 2019 moratorium on shale gas fracking as it looks to ramp up domestic energy resources and help households and businesses struggling to pay soaring energy…

Why Europe’s Dependence On U.S. LNG Is Risky

Sep 05, 2022 at 11:53 | Alex Kimani

In the current year, the United States boasts status as the world's biggest liquefied natural gas (LNG) exporter as deliveries to both Europe–in the throes of…

Euro Slumps, Stocks Plunge After Russian Gas Cut-Off

Sep 05, 2022 at 10:01 | Alex Kimani

European stocks and the euro fell on Monday morning while natural gas prices skyrocketed after Russia said it was cutting off gas supplies…

Russia To Help Iran In Developing Crucial Gas Reserves

Sep 05, 2022 at 09:12 | Simon Watkins

Along with the (recently achieved) completion of the crucial Goreh-Jask pipeline oil export route, the (ongoing) ramping up of production from its hugely…

European Commission Calls For Price Cap On Russian Natural Gas

Sep 02, 2022 at 08:27 | Irina Slav

The European Union needs to impose a price cap on Russian pipeline gas, the President of the European Commission Ursula von der Leyen said today. According…

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