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The Latest Breaking News from Natural Gas

Pay more for your ride as auto fares in Patna to be up 30% from today

PATNA: Travelling in autorickshaws in the city is set to become costlier from Monday with the auto unions deciding to hike fares by up to 30% on different routes citing rise in prices of compressed natural gas (CNG). Fares of reserved autorickshaws will also increase by 15 to 20%.

The Times of India

Russia, Serbian presidents agree on further gas supplies - Kremlin

Russian President Vladimir Putin and his Serbian counterpart Aleksandar Vucic agreed in a phone call on Sunday that Russia will continue supplying natural gas to Serbia and the two countries will bolster their partnership, the Kremlin said.

Reuters

War surges Norway's oil, gas profit. Now, it's urged to help

Europe’s frantic search for alternatives to Russian natural gas has dramatically increased the demand — and price — for Norway's oil and gas

The Independent UK

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California faces power shortages and price hikes amid drought woes: report

California faces the grim prospect of a drought-fueled summer of power shortages, hydroelectric plant shutdowns and rising electricity costs in areas that include the service territories of PG&E and other utilities, a report released Friday warns.

Tribune News Service

Putin Says He Is Ready to Deliver Gas, Discuss Prisoner Swap

Austrian Chancellor Karl Nehammer said Russian President Vladimir Putin told him on Friday that Moscow would meet its natural gas delivery commitments to Austria and was ready to discuss a prisoner swap with Ukraine. Nehammer made the comments to reporters after the two leaders held a 45-minute telephone call that…

Asharq Al-Awsat

Putin says he is ready to deliver gas, discuss prisoner swap - Austria

Reuters

Hydrogen may be a climate solution. There's debate over how clean it will truly be

The federal government plans to build several hydrogen hubs around the country. The goal is to find a cleaner replacement for fossil fuels. But there are challenges in how hydrogen is produced.

WEKU

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As American Natural Gas Prices Start To Converge With Europe's, A Hedged Bet On Them Going Even Higher.

Zoltan Poszar's Predicted Commodities Disruptions

Benzinga

Tunisia to Launch International Tenders for 2,000 MW of Renewable Power

Tunisia plans to launch international tenders in June this year seeking offers to build 2,000 megawatts of renewable electric power capacity, energy minister Naila Nouira said on Thursday, part of efforts to cut the country's natural gas imports. Tunisia, which is facing a financial and political crisis, is trying to…

Asharq Al-Awsat

Market Wrap: Markets take election result in their stride amid hawkish rate rises

After winning the federal election, Anthony Albanese is promising action on climate change, greater gender equality and improved wage growth.

The New Daily

Venture Global 'Secretly' Started Constructing $13B LNG Plant On US Gulf Coast

The Financial Times reported that Venture Global LNG would build one of the largest new liquefied natural gas export plants in the U.S. on the Louisiana coast.

Benzinga

Egypt Wants to Shift Focus to Developing Countries in Climate Talks, Says Official

Egypt will position itself as an impartial arbiter while hosting this year's COP27 UN climate summit, as it pushes other nations to act on climate pledges while promoting the interests of the developing world, a senior Egyptian official said. Egypt would also welcome protests within the rules of the Nov.…

Asharq Al-Awsat

Better Buy: Coterra Energy vs. Marathon Oil

Given a tighter energy supply due to continued sanctions on Russian oil exports and output control by OPEC+, the government’s efforts to improve domestic supply should benefit oil and gas companies. Given the rising demand and high prices, prominent players in this space, Coterra Energy (CTRA) and Marathon Oil (MRO)…

StockNews.com

2 Stocks to Buy as Natural Gas Prices Remain Elevated

The energy sector has attracted significant investor attention over the past few months, thanks to soaring oil and natural gas prices prompted by strong demand and supply chain concerns aggravated by the Russia-Ukraine war. And because natural gas prices are expected to remain elevated, we think it could be wise…

StockNews.com

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The Times of India

India's crude oil production falls 1% in April

NEW DELHI: India's crude oil production fell 1 per cent in April after lower output from fields operated by the private sector wiped away gains by state-owned firms such as ONGC, official data showed Tuesday.

Al Jazeera

Turkey FM visit to Israel a sign relations are warming

Despite standoffs over Israel’s occupation of Palestinian lands, Ankara and Tel Aviv are growing closer.

Benzinga

Capstone Distributor Secures Six Orders For C65 Microturbines

Cal Microturbine, Capstone Green Energy Corp's (NASDAQ:CGRN) exclusive distributor for California, Hawaii, Nevada, Oregon, and Washington, has secured six orders for C65 microturbines throughout the state of California. Financial terms were not disclosed. The 16 C65 units will be installed for customers in the agriculture, oil and gas, and hospitality industries. The systems are…

Al Jazeera

Ukraine war: COP26, IEA heads warn of digging in on fossil fuels

Alok Sharma and Fatih Birol say they are hopeful the global hydrocarbon crisis could spur a transition to green energy.

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Tribune News Service

A cruise ship 'green corridor' in the Pacific NW? Ports sign on to carbon emission goals

SEATTLE — The Port of Seattle is teaming up with other ports and cruise lines to try to form a "green corridor" where the massive ships that carry passengers through the coastal waters of British Columbia and Alaska would eventually operate without fossil fuels.

WEKU

Russia has cut off its natural gas exports to Finland in a symbolic move

The move came just days after the Nordic country announced it wanted to join NATO and marked a likely end to Finland's nearly 50 years of importing natural gas from Russia.

The Independent UK

Russia cuts off gas exports to Finland in symbolic move

Russia has halted natural gas exports to neighboring Finland

Dynamite News

Inflation: CNG prices hiked by Rs 2; Check latest rates

The Indraprastha Gas Limited (IGL) on Saturday hiked the prices of Compressed Natural Gas (CNG) by Rs two in Delhi-NCR and adjoining areas. Read new rates of the CNG on Dynamite News:

Asharq Al-Awsat

Russia Halts Gas Supplies to Finland

Russia on Saturday halted providing natural gas to neighboring Finland, which has angered Moscow by applying for NATO membership, after the Nordic country refused to pay supplier Gazprom in rubles. Natural gas accounts for about eight percent of Finland's energy consumption and most of it comes from Russia, AFP said.…

The Times of India

IGL raises CNG prices, says rates to remain high

NEW DELHI: Indraprastha Gas Ltd (IGL) late on Friday night raised CNG (compressed natural gas) prices in the Delhi to Rs 75.61 per Kg, even as the company MD Sanjay Kumar said rates would remain elevated in the near future due to high international prices of natural gas and the…

The Times of India

IGL says CNG prices to stay high, may revise rates monthly

NEW DELHI: Compressed natural gas (CNG) consumers in Delhi-NCR (national capital region) are unlikely to get any respite anytime soon as Indraprastha Gas Ltd (IGL) may have to revise rates every month as a result of a new gas allocation guideline, even as the company is looking at reducing cost…

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