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The Latest Breaking News from Natural Gas

Nord Stream rupture may mark biggest single methane release ever recorded -UN

The ruptures on the Nord Stream natural gas pipeline system under the Baltic Sea have led to what is likely the biggest single release of climate-damaging methane ever recorded, the United Nations Environment Programme said on Friday.

Reuters

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

The Independent UK

Inflation hits record 10% in 19 EU countries using euro

Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar

The Independent UK

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Methane Blast in Baltic Sea Highlights Global Problem

As serious as the methane escaping from ruptured pipelines on the floor of the Baltic Sea may be, there are alarming incidents of massive methane releases around the world frequently. Climate scientists have found that methane emissions from the oil and gas industry are far worse than what companies are…

Asharq Al-Awsat

France to reconsider Pyrenean gas pipeline project to Spain, Portugal

As the energy crisis deepens in Europe, France is reportedly willing to reconsider its opposition to the proposed MidCat natural gas pipeline across the southern Pyrenees mountain range.

Radio France Internationale

Is your gas stove bad for your health?

A professor shares some perspective on how gas stoves can contribute to indoor air pollution

Salon

Green hydrogen sounds like a win for developing countries. But cost and transport are problems

Hydrogen is used mainly to make chemicals such as fertiliser, and in oil refineries. Most hydrogen in the world today is made from natural gas or coal – methods associated with large carbon dioxide emissions. Developed countries are therefore looking to “green hydrogen” instead – produced using renewable electricity such…

The Conversation

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In one tiny German town, nobody worries about energy bills

While Europeans watch their energy bills soar as the war in Ukraine drives up the price of natural gas, oil and electricity, the tiny German town of Feldheim has been energy self-sufficient for a decade

The Independent UK

Why is Russia sending oil and gas workers to fight in Ukraine? It may signal more energy cutoffs ahead

Russia’s effort to conscript 300,000 reservists to counter Ukraine’s military advances in Kharkiv has drawn a lot of attention from military and political analysts. But there’s also a potential energy angle.

The Conversation

Live Updates: Russia-Ukraine War

A fourth leak to the Nord Stream pipelines conveying natural gas from Russia to Germany has been reported off southern Sweden

The Independent UK

UN chief warns Putin that annexing Ukraine territory is a ‘dangerous escalation’ with ‘no legal value’ – as it happened

António Guterres warns Putin against annexation of Donetsk, Luhansk, Kherson and Zaporizhzhia before expected announcement on Friday

The Guardian - AU

Official: Gas leaks around 1/3 of Denmark's CO2 emissions

A Danish official says the Nord Stream gas leaks in the Baltic Sea could emit the equivalent of one third of Denmark’s total annual greenhouse gas emissions

The Independent UK

EU chief vows retaliation if pipeline damage is sabotage

The European Union foreign policy chief says the bloc suspects that damage to two underwater natural gas pipelines was sabotage and is warning of retaliation for any attack on Europe’s energy networks

The Independent UK

5 ETFs to Avoid in This Volatile Market

The Fed’s aggressive monetary policy stance is expected to keep the stock market under pressure in the upcoming months. Moreover, a potential recession could keep several assets under pressure. Therefore, we think it could be wise to avoid ETFs iShares 20+ Year Treasury Bond (TLT), VanEck Gold Miners (GDX), Ark…

StockNews.com

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Reason

Brickbat: That's Cold

The Swiss government said it might fine and jail people who heat their rooms above 19 degrees Celsius (66.2 degrees Fahrenheit) if they use natural gas to heat. Fines would start at 30 Swiss francs ($31 U.S.) a day and go up to 3,000 Swiss francs ($3,112 U.S.). Those found…

The Independent UK

Lights out, ovens off: Europe preps for winter energy crisis

Europe is staring down a winter energy crisis

Reuters

In Moldova, thousands in new call for government's resignation

Several thousand people protested in Moldova's capital on Sunday for the second straight weekend to demand the resignation of the country's pro-Western government amid mounting anger over spiralling natural gas prices and inflation.

Asharq Al-Awsat

TotalEnergies to Invest $1.5 bln in Qatar

France’s TotalEnergies has signed a $1.5 billion investment agreement in expanding Qatar’s natural gas production as Europe rushes to find new energy sources to replace Russian supplies. TotalEnergies Chief Executive Patrick Pouyanne, who traveled to Doha for the agreement signing, said the deal came at a "perfect time" to help…

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Dynamite News

Natural gas price to rise to record level this week

Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, is likely to rise to record levels at the rate review scheduled this week, sources said. Read more on Dynamite News:

Al Jazeera

TotalEnergies invests $1.5bn in Qatar gas expansion project

TotalEnergies to invest $1.5bn in Qatar’s North Field South gas project as Europe scrambles to find new energy sources.

Radio France Internationale

France's TotalEnergies invests another $1.5 bn to expand Qatar gas production

TotalEnergies has signed a further $1.5 billion investment in the world's largest natural gas field – "perfect timing" says CEO Patrick Pouyanne as Europe searches for new energy sources to replace Russian supplies.

StockNews.com

Ditch These 2 Dangerous Oil Stocks Before It's Too Late

The Fed’s aggressive rate hikes and stronger dollar pushed the oil prices down. Therefore, it might be wise to avoid fundamentally weak oil stocks Tellurian (TELL) and Camber Energy (CEI) before it’s too late. Read on….

Asharq Al-Awsat

Egypt Earning $500 Million Monthly from Gas Exports

Egypt is earning about $500 million monthly from natural gas exports and aims to raise that figure to $1 billion “in the coming period,” Finance Minister Mohamed Maait said in a statement on Thursday. The statement, based on comments by Maait at a Bloomberg forum, gave no comparative figures on…

Bangkok Post

Chinese power firms lobby Myanmar to buy Russian gas

Chinese companies operating in Myanmar’s electricity generation sector have asked the junta for assistance in importing liquefied natural gas (LNG) from Russia, the news outlet Frontier Myanmar reported Thursday.

The Independent UK

Thousands rally in Belgium to protest high energy prices

Thousands have gathered in Belgium to protest against skyrocketing electricity, natural gas and food prices

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