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The Latest Breaking News from Natural Gas

In US, states struggle to replace fossil fuel tax revenue

Major energy producing states from Alaska to Pennsylvania are reaping a windfall from soaring oil and natural gas prices, stoked by the war in Ukraine and the U.S.-led ban on Russian oil imports

The Independent UK

Kwasi Kwarteng wants natural gas to be reclassified as ‘green’ energy source to entice investors

‘Shout and scream all you like,’ the minister told campaigners who called for an end to natural gas drilling

The Independent UK

Russian pipeline sanctions raise fears of gas interruption

European gas prices have risen after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe via a pipeline in Poland, citing new sanctions that Moscow imposed on European energy companies

The Independent UK

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Saudi Aramco, Thailand’s PTT Sign MoU to Deepen Energy Cooperation

Saudi Aramco and Thailand’s PTT have signed a memorandum of understanding (MoU) to deepen energy cooperation in Thailand. The MoU targets the supply and trading of crude oil, petrochemicals, and liquified natural gas (LNG). It focuses on clean energy, carbon capture, and electric vehicles, and outlined potential collaboration across both…

Asharq Al-Awsat

California just ran on 100% renewable energy, but fossil fuels aren't fading away yet

California broke its record for renewable energy when solar and wind provided enough to meet all consumer demand. At the time, natural gas power plants were still on, a necessity for the grid.

WEKU

Russia Imposes Sanctions On German Unit Of Gazprom: Bloomberg

Russia has cut natural gas supplies to a unit of Gazprom PJSC (OTC: OGZPY) seized by Germany in retaliation for western penalties over the war in Ukraine.

Benzinga

A clean future or merely greenwashing? Critics claim Coalition's hydrogen plans are a 'fig leaf' for fossil fuels

Plans by the federal government to develop a "clean" hydrogen industry in Australia have been branded greenwashing by critics who say taxpayer money is being used to subsidise fossil fuel activities.

ABC News

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What’s the Fallout from Ukraine’s Pipe Shutdown?

The shutdown of a gas pipeline in eastern Ukraine has sent a fresh wave of energy jitters through Europe. The price of gas jumped - then fell.

Asharq Al-Awsat

Ukraine Cuts Russia Gas at 1 Hub, Underlining Risk to Supply

Ukraine shut down a pipeline Wednesday that carries Russian natural gas to homes and industries in Western Europe, while a Kremlin-installed official in a southern region seized by Russian troops said the area will ask Moscow to annex it. The talk of annexation in Kherson - and Russia's apparent willingness…

Asharq Al-Awsat

Natural gas pipelines to Bengaluru, Chengalpattu nearing completion

Once Chengalpattu stretch is commissioned, the supply of R-LNG will commence to industrial consumers at Oragadam and Sriperumbudur

The Hindu

EXPLAINER: What's the fallout from Ukraine's pipe shutdown?

The shutdown of a gas pipeline through Russian-held territory in Ukraine is sending a new wave of energy jitters through Europe

The Independent UK

Saudi, UAE Ministers Warn against Capacity Decreasing in All Energy Sectors

The energy ministers of Saudi Arabia and the United Arab Emirates warned that spare capacity is decreasing in all energy sectors as producers slash investment, causing everything from crude to diesel and natural gas to trade at or near record highs. “I have a lot of experience, but I've never…

Asharq Al-Awsat

IEA: Renewable Energy to Grow to New Record in 2022

The world will set a new record for renewable power capacity this year led by solar energy in China and Europe, but growth could lose steam in 2023, the International Energy Agency said Wednesday. A record 295 gigawatts of new renewable power capacity was added in 2021 despite supply chain…

Asharq Al-Awsat

Live updates | Pipeline operator to stop natural gas flow

Ukraine’s natural gas pipeline operator said it would stop Russian shipments through its Novopskov hub in a part of eastern Ukraine controlled by Moscow-backed separatists

The Independent UK

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Chicago Sun-Times

A billion reasons why nuclear plant negotiations turned out well for ComEd customers

An expected bailout for nuclear plants has turned into an windfall for Illinoisans living in ComEd’s service area.

The Philadelphia Inquirer

Mariner East Pipeline has sparked a boom in fracked gas exports from Philly region

Nearly once a day last year, a large tanker sailed up the Delaware River and docked at Marcus Hook Terminal in Marcus Hook, Pennsylvania, to take on a cargo of liquid fuel, produced mostly from the Marcellus and Utica Shale formations in Western Pennsylvania and neighboring states.

Texas Observer

How the War in Ukraine Could Slow Texas’ Energy Transition

Europe’s demand for non-Russian energy is supercharging exports.

Asharq Al-Awsat

Iran Confirms Upcoming Visit of Qatar's Emir to Tehran

Qatar's Emir will visit Iran soon, Iran's foreign ministry spokesperson Saeed Khatibzadeh confirmed on Monday during a news conference. Reuters reported on Sunday that Emir Sheikh Tamim bin Hamad al-Thani will visit Iran, Germany, Britain and other European states starting this week on a trip expected to discuss efforts to…

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Al Jazeera

Australia looks to fill Asia’s energy gap amid Ukraine crisis

Australia is seeing increased demand for its liquefied natural gas and coal as war and sanctions upend energy supplies.

France 24

Several killed, dozens injured in powerful blast at Havana hotel

A powerful explosion apparently caused by a natural gas leak Friday killed eight people and injured at least 40 when it blew away outer walls from a five-star hotel in the heart of Cuba’s capital.

Benzinga

What's Going On With Canacol Energy Shares Today

Canacol Energy Ltd (TSX:CNE) (OTC:CNNEF) provided information on its April 2022 natural gas sales, near-term drilling plans, and Medellin gas pipeline project. The company's realized contractual natural gas sales were ~179 million standard cubic feet per day (MMscfpd) for April 2022. Canacol Energy completed the drilling of the Chirimia 1 sidetrack well, which…

StockNews.com

Apache vs. Antero Resources: Which Oil & Gas Stock is a Better Buy?

Despite a tighter supply of oil worldwide due to escalating sanctions on Russian oil exports, President Biden’s plan to replenish Strategic Petroleum Reserve should benefit companies engaged in the upstream segment in the coming months. Given the rising demand and high prices, prominent players in this space, APA Corporation (APA)…

Bangkok Post

PTTEP aims to hike output

PTT Exploration and Production Plc (PTTEP) is determined to increase petroleum production from the Erawan and Bongkot gas fields in the Gulf of Thailand to 1,500 metric million standard cubic feet per day (MMSCFD) in the next two years after lower domestic gas supply led to more imports of expensive…

Reuters

Germany to help eastern EU states without ports access LNG -Scholz

Germany will show solidarity with European Union countries seeking alternatives to Russian gas and oil, for example helping eastern states without ports in the North or Baltic Seas access liquefied natural gas (LNG), Chancellor Olaf Scholz said on Thursday.

StockNews.com

Is Range Resources a Smart Natural Gas Stock to Own in 2022?

The shares of natural gas company Range Resources (RRC) have soared in price over the past few months thanks to surging natural gas prices. However, given the company's mixed fundamental performance, can its stock maintain its price rally? Read on, let's find out.

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