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The Latest Breaking News from Natural Gas

LA is shutting down its largest gas plant — and replacing it with an unproven hydrogen project

The Los Angeles City Council voted unanimously Wednesday to move forward with an $800-million plan to convert the city's largest gas-fired power plant to green hydrogen — a first-of-its-kind project that was hailed by supporters as an important step to solve the climate crisis but slammed by critics as a…

Los Angeles Times

Soaring California natural gas prices could bring higher electricity bills this summer

In the wake of skyrocketing gas rates, a utility company executive suggested that hikes in natural gas costs could lead to higher electricity bills this summer.

Los Angeles Times

India Seeks More LNG Under Qatar Deal

Petronet LNG, India's top gas importer, will seek up to 1 million tons per annum (mtpa) of liquefied natural gas (LNG) when it renews its long-term deal with Qatar this year, the company's chief executive said on Tuesday. "We are seeking an additional 0.75 to 1 mtpa on top of…

Asharq Al-Awsat

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Shell’s Grand Plan to Fight Climate Change (and Continue to Cause It)

The company is investing billions of dollars in zero- and low-carbon energy solutions, but selling oil and gas at record profits is a hard habit to break.

Businessweek

Essar’s second coming: Steel plants in Saudi, Odisha

BENGALURU: The group Essar group promoted by the Mumbai-based Ruia family is planning to set up steel plants in Saudi Arabia and Odisha as well as a facility to import LNG (liquefied natural gas) at Hazira in Gujarat, Essar Capital director Prashant Ruia said on the sidelines of India Energy…

The Times of India

Newsom wants the feds to investigate California's high natural gas prices

Gov. Gavin Newsom on Monday jumped into the debate over the spike in natural gas prices affecting millions of California utility customers, calling on federal regulators to look at whether gouging or market manipulation is at work.

Tribune News Service

In South Texas, opponents say planned natural gas export facility’s carbon capture promises are “greenwashing”

A company planning to build a massive liquefied natural gas export facility near Brownsville says carbon capture technology will reduce its pollution, but some locals say it’s a “Band-Aid on a bullet hole.”

The Texas Tribune

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Gas stove makers have a pollution solution. They're just not using it

Gas utilities and cooking stove manufacturers knew for decades that burners could be made that emit less pollution in homes, but they chose not to. That may may be about to change.

WEKU

How Putin’s plans to blackmail Europe over gas supply failed

Within eight months of Russia invading Ukraine, the EU’s 27 states had replaced about 80% of the natural gas they used to get from Moscow

The Guardian - UK

Shell profit doubles to record $56 billion in 2022 as war drives up energy costs

Global energy giant Shell has said that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.

ABC News

Brown gold: the great American manure rush begins

The energy industry is turning waste from dairy farms into renewable natural gas – but will it actually reduce emissions?

The Guardian - US

Egypt Cabinet Approves 13 Draft Agreements to Explore Oil, Gas

The Egyptian Cabinet approved on Wednesday 13 draft agreements between the Egyptian General Petroleum Corporation, the Egyptian Natural Gas Holding Company, and a number of international companies. Under the deals, the Egyptian General Petroleum Corporation will be responsible for oil exploration in areas west of Wadi Natrun, east of Siwa,…

Asharq Al-Awsat

Tanker Breaks Down in Suez Canal, but Traffic Not Disrupted

A tanker transporting liquefied natural gas broke down in the Suez Canal on Wednesday but traffic in the global waterway was unaffected, a canal spokesperson said. The Bahamas-flagged Grace Emilia suffered a malfunction of its rudder and tugboats pulled it to the side of the canal to allow other vessels…

Asharq Al-Awsat

Bulgaria and Serbia diversify energy supplies

The presidents of Bulgaria and Serbia have launched the construction of the Bulgarian part of a gas link that is designed to diversify the energy supplies of a region that until recently was almost fully dependent on natural gas deliveries from Russia

The Independent UK

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The Independent UK

Unprecedented profit for Exxon as travel, and war, heated up

Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods

Asharq Al-Awsat

Türkiye to Host Summit of Gas Buyers, Sellers Next Month

Türkiye will hold a natural gas summit on Feb. 14-15 to bring together gas supplier countries and Europe's consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday. "We will bring together supplier countries from the Middle East, Mediterranean, Caspian and Middle Asia with consumer countries from Europe,"…

Reuters

Russian Antarctic vessel docks in South Africa as green groups protest

A Russian research vessel which has been prospecting for oil and natural gas in the Antarctic docked in South Africa on Saturday following protests by green campaigners who say its operations in the region violate a treaty banning mineral exploration.

Capital & Main

Flaring and Venting Spike in December Cold Snap

Questions over whether cold weather in New Mexico an 'emergency.'

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Fortune

The world is running the risk of a global food crisis, fertilizer giant CEO says

Russia's war in Ukraine is piling on pressures that threaten a crisis in global food supply.

Texas Observer

San Antonio to End Use of Coal Within Five Years

But CPS Energy’s decision to switch to Natural Gas highlights the potential and peril of cities’ clean energy transition.

France 24

Gas shortage renders Iran’s air quality ‘unbreathable’ due to mazut pollution

In Iran, most households rely on natural gas for their heating and hot water. But amid a cold snap and gas shortages, the population has been paralysed by sub-zero temperatures in many regions around the country. These gas shortages have not only led to widespread power cuts, but also severe…

France 24

Amid gas shortages and blackouts, a harsh winter fuels discontent in Iran

For weeks, Iran has been hit by cold weather. In a country where most households rely on natural gas for heating and hot water, gas shortages in many regions have paralysed the population, leaving people in sub-zero temperatures. In some regions, schools and public facilities have even been closed. The…

Reuters

Trinidad offers to pay for Venezuelan gas with humanitarian supplies

Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohibiting cash payments to the government of President Nicolas Maduro.

The Conversation

Ukraine war: why Zelensky's corruption purge could be key to the outcome of the conflict

The Ukrainian president, Volodymyr Zelensky, has announced a sweeping clear-out of senior national and regional government officials and the appointment of a new supervisory board for the state-owned natural gas giant, Naftogaz. This is a move to reassure both the Ukrainian public and the country’s western allies that the fight…

The Independent UK

Germany sees brighter outlook for Europe's largest economy

The economic outlook has brightened in Europe's largest economy

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