The Latest Breaking News from Natural Gas

Justin Trudeau says natural gas exports costly and logistically difficult, but Canada will boost global energy supplies.

The cost of wholesale European gas has increased by 572% this year to 276.23 euros per megawatt-hour, or approximately $274.70. Analysts predict that price increases will continue as winter approaches, fueling inflationary fears as Europe battles to cope with Russia's interruption of natural gas supplies.

German leader Olaf Scholz says he's working as fast as he can to reduce Germany's dependence on Russia for energy, but Canadian Prime Minister Justin Trudeau says a business case is needed to send gas from Canada to Europe

Germany may not be able to replace all its imports of Russian natural gas this winter and might have to resort to nuclear power to plug part of the gap, the nation’s two most powerful leaders said.

Domestic allocation of natural gas increased

Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russian gas imports from an unexpected ally: Ukrainian state-owned gas company Naftogaz.

French President Emmanuel Macron is planning to travel to Algeria next week, the Elysee palace announced on Saturday, saying that the official visit will take place from Aug.25-27. Macron accepted an invitation by Algerian President Abdelmadjid Tebboune, his office said. It will be Macron's second official visit to the North…

Russia’s state-owned energy company Gazprom says a key pipeline conveying natural gas to Europe will shut down for three days at the end of this month to undergo “routine maintenance.”

The firm said the closure of the pipeline was being carried out for "routine maintenance". It comes at a time when gas prices across Europe are surging.

GRANBURY, Texas — This is what modern reliability looks like on the Texas grid.

German Chancellor Olaf Scholz says the government will temporarily lower taxes on natural gas to ease the financial pressure on people struggling with soaring energy costs