The Latest Breaking News from Natural Gas

EU wants price cap on Russian gas, energy companies to pay

European Commission President Ursula von der Leyen says European Union countries should set a price cap on Russian natural gas

The Independent UK · Sep 7, 2022

R.I.P. Europe's energy system

Without Russian natural gas, Europe is rebuilding its energy system on the fly

Axios · Sep 7, 2022

Europe prepares for energy crisis as Russia slashes supplies of natural gas

Europe is struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep recession.

France 24 · Sep 7, 2022

Exclusive-Gazprom says Nord Stream 1 resumption depends on Siemens Energy

Russia's biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief Executive Vitaly Markelov told Reuters on Tuesday.

Reuters · Sep 6, 2022

Commissioner: EU to unveil new responses to energy crisis

The European commissioner for energy says the EU's next steps for addressing the continent’s worsening energy crisis following Russia’s invasion of Ukraine are expected to be unveiled next week

The Independent UK · Sep 6, 2022

Russia Pockets $158 bn in Energy Exports after War

Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said Tuesday. The Centre for Research on Energy and Clean Air called for more effective sanctions…

Asharq Al-Awsat · Sep 6, 2022

Euro Plunges to 20-Year Low after Russian Gas Halt

The euro sank to a new 20-year low on Monday and below $0.99 after Russia's halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy crisis across the region. The euro has been increasingly correlated with natural gas prices in recent months, with the…

Asharq Al-Awsat · Sep 5, 2022

FTSE 100 Live: Pound around its lowest since the 1980s as Liz Truss is confirmed as the UK’s prime minister

Europe’s deepening energy crisis triggered more volatility for financial markets today, leading to fresh pressure for London-listed shares

Evening Standard · Sep 5, 2022

EU's Michel to discuss energy on Qatar trip this week - Qatari official

European Council President Charles Michel will hold talks with major gas producer Qatar on Europe's energy crisis during a visit to Doha this week, a Qatari government official said on Sunday.

Reuters · Sep 4, 2022

Energy crisis: Why UK will be at mercy of international gas prices for years to come

Avoiding a significant gas supply emergency this winter will require the continued flow of some Russian gas to Europe

Wales Online · Sep 4, 2022