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The Latest Breaking News from Natural Gas

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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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.

Chicago Sun-Times

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.

The Philadelphia Inquirer

How the War in Ukraine Could Slow Texas’ Energy Transition

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

Texas Observer

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…

Asharq Al-Awsat

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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.

Al Jazeera

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.

France 24

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…

Benzinga

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)…

StockNews.com

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…

Bangkok Post

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.

Reuters

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.

StockNews.com

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Reuters

Ukraine wants complete energy embargo on Russia - senior parliamentarian

Ukraine hopes the European Union will impose an embargo on Russian natural gas and oil and wants Ukraine and Europe to "completely abandon Russian energy resources", a senior member of the Ukrainian parliament said on Thursday.

ABC News

Australia’s largest wheat processor gets $85 million to cut emissions

Wheat processor Manildra will replace coal-fired power to allow the factory to run on natural gas and hydrogen which is expected to cut its emissions by 45 per cent.

The Independent UK

Europeans weigh costs of cutting Russian energy over Ukraine

Rising energy prices in Europe are testing the resolve of those caught between a dependence on cheap Russian energy and their revulsion at Moscow’s war in Ukraine

WEKU

The U.S. may soon export more gas to the EU, but that will complicate climate goals

To help wean Europe off Russian gas, the Biden administration wants to increase U.S. natural gas exports. But critics say that's at odds with the president's climate and environmental justice goals.

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WEKU

The EU just proposed a ban on oil from Russia, its main energy supplier

The European Union wants to sharpen its sanctions against Russia. But its leaders acknowledge Europe's economy could suffer.

The Independent UK

EXPLAINER: What's the impact if Europe cuts off Russian oil?

The European Union's executive commission has proposed phasing out imports of Russian oil within six months

Benzinga

7 Best Energy Stocks To Buy With Over 6% Dividend Yields: Ecopetrol, Energy Transfer LP And More

One of the only sectors of the market that is skyrocketing amid broad market weakness in 2022 is the energy sector.

The Independent UK

Slovakia, Hungary won't back EU sanctions on Russian energy

Slovakia and Hungary say they will not support sanctions against Russian energy that the European Union is preparing over the war in Ukraine

The Independent UK

Ukraine-Russia war: What is the Nord Stream 2 pipeline and how might the crisis impact it?

Lucrative natural gas pipeline running to Germany under Baltic Sea blocked by chancellor Olaf Scholz in response to Vladimir Putin’s aggression

StockNews.com

3 Red-Hot Momentum Stocks to Buy in May

The benchmark indices closed the last month in the red. The market was weighed down by the raging inflation and fear of the Fed’s policy changes. Amid this, fundamentally strong stocks Enerplus (ERF), Athabasca Oil (ATHOF), and Transportadora de Gas (TGS), have gained significant momentum despite the market turbulence.

StockNews.com

Will Coal Stock, Peabody Energy, Keep Outperforming the Market in 2022?

Coal mining company Peabody Energy (BTU) saw its shares shoot up year-to-date, driven by skyrocketing coal prices amid the Russia-Ukraine conflict and many nations planning to ban coal imports from Russia. Given that the demand for coal continues to rise due to surging electricity consumption and a natural gas shortage,…

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