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The Latest Breaking News from Natural Gas

Chicago must finish modernizing its natural gas system

Some call for the project to be stopped in view of anticipated movement to green energy sources. However, we must be realistic. An alternative energy source for the 878,000 customers in Chicago is likely decades away.

Chicago Sun-Times

Algeria suspends trade ties with Spain over Western Sahara row

Dispute over status of Western Sahara escalates as Algeria severs economic links with Spain.

Al Jazeera

Economic Data Scheduled For Thursday

Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims increasing to 210,000 for the July 4 week from 200,000 in the previous week. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for…

Benzinga

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Germany to keep more coal plants on hand in case of gas cuts

Germany wants to temporarily keep additional coal-fired power plants on stand-by for almost two years to stave off a possible electricity shortage in case natural gas supplies are suddenly reduced by Russia

The Independent UK

Walmart Expands Transportation Partnerships To Reduce Emissions

Walmart Inc (NYSE:WMT) said it is transforming its transportation fleet through collaborations with manufacturers of three different fuel types – renewable natural gas, hydrogen, and electric. The retail giant will partner with Cummins Inc (NYSE:CMI) and will receive new 15-liter Natural Gas Engines and add them to a few of its trucks. It has also…

Benzinga

Brickbat: This Burns

The Los Angeles City Council has banned natural gas appliances in most new buildings. Council members say the move will help fight global warming. But some restaurant owners say electric stoves can't replace the effects of gas ovens in some cooking techniques and styles of cooking. The impact would be…

Reason

Why is eco-conscious California spending millions to support natural gas?

A Los Angeles-area air board faces questions over grant spending amid some of the worst air pollution in the US

The Guardian - US

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Let Africa exploit its natural gas reserves, says Mary Robinson

Ex-UN climate envoy says continent’s need for energy is so great it should be able to widely use the fossil fuel

The Guardian - UK

5 Energy Stocks to Buy This Summer to Combat Scorching Inflation

The inflation report expected this week is expected to be on par with the previous month, reporting near 40-year-high inflation. Historically, the energy sector has outperformed inflation, and so might be an ideal investment option to hedge against current inflationary pressures. Hence, we think the stocks of energy companies Energy…

StockNews.com

Israel rejects Lebanese accusation about gas field, says conflict unlikely

Israel has denied a Lebanese allegation it is encroaching on a disputed Mediterranean natural gas field, playing down on Monday any prospect of conflict over the dispute.

Reuters

Lebanon Urges US Envoy to End Maritime Dispute with Israel

The Lebanese government invited on Monday a US envoy mediating between Lebanon and Israel over their disputed maritime border to return to Beirut as soon as possible to work out an agreement amid rising tensions along the border. The invitation for Amos Hochstein, a senior adviser for energy security at…

Asharq Al-Awsat

Lebanon Warns Against Any Israeli 'Aggression' in Disputed Waters

Lebanon warned Israel on Sunday against any "aggressive action" in disputed waters where both states hope to develop offshore energy, after a ship arrived off the coast to produce gas for Israel. President Michel Aoun said any activity in the disputed area would amount to an act of aggression and…

Asharq Al-Awsat

‘We’re in trouble’: Electric rates in Texas have surged over 70% as summer kicks in

There’s no escaping rising oil prices. They’ve driven up the cost of gasoline, and the higher expense registers every time people fill up the tank.

Tribune News Service

As natural gas expands in Gulf, residents fear rising damage

There are neighborhoods in Southwest Louisiana that have endured seven federally declared disasters in just two years

The Independent UK

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The Philadelphia Inquirer

Peco Energy says gas from its system didn't cause deadly Pa. home explosion, as officials survey damage

PHILADELPHIA — Days after a massive explosion obliterated two homes in Pottstown, killing four children and an adult, a cause has not yet been released, but Peco Energy says it has found no evidence that natural gas from its system caused the fatal blast.

The Times of India

12 more CNG stations planned in Patna by March next year

PATNA: In a move that could be a breather for compressed natural gas (CNG) users in Patna, the Gas Authority of India Limited (GAIL) has planned to set up 12 more CNG stations across the state capital by March 2023. With this, the total number of CNG stations in the…

Benzinga

11 Stocks Moved By Traders on 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

Why Tellurian's Stock Is Sliding Today

Tellurian Inc (AMEX:TELL), a natural gas company headquartered in Houston, has been on an incredible run, up 45% throughout the last six months. Tellurian has gotten a major boost from the increased demand for domestic natural gas following the Russian invasion of Ukraine which has limited the amount of natural…

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The Independent UK

Russia cuts off natural gas supply to Denmark, company says

Denmark’s largest energy company says Russia cut off its gas supply because it refused to pay in rubles

Benzinga

Short Volatility Alert: Natural Gas Services Group, Inc.

On Friday, shares of Natural Gas Services Group, Inc. (NYSE: NGS) experienced volatile short activity. After the activity, the stock price went up +1.16% to $13.95. The overall sentiment for NGS has been Bullish.

The Times of India

Haryana's first jail filling station inaugurated as pilot project in Kurukshetra

KURUKSHETRA: Under the initiative of reformation and integration among the inmates for their welfare, the first petrol, diesel, and CNG (compressed natural gas) filling station in Haryana was inaugurated as a pilot project on the premises of the district jail at Kurukshetra on Tuesday.

The Conversation

Calls for ‘ethical oil’ are pushing Canada to become a petro-state

Russia’s ongoing invasion of Ukraine has brought fossil fuels and geopolitics to the forefront of public discussion. In an effort to evade economic sanctions, Russia has weaponized its energy exports.

The Times of India

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%.

Reuters

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.

The Independent UK

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

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