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The Latest Breaking News from Natural Gas

Israel begins Karish gas production ahead of Lebanon deal

The announcement comes as an historic maritime border agreement with Lebanon is about to be signed.

Al Jazeera

Thailand to rely on coal for power longer amid record gas prices

SINGAPORE: Thailand expects to burn coal for power for longer after it extended the lifespans of some plants to cope with record high natural gas prices, the assistant secretary general of its Energy Regulatory Commission (ERC) said on Wednesday.

Bangkok Post

Gas crunch eases in Europe — but the respite might not last

Europe's sky-high natural gas prices have fallen thanks to unseasonably warm weather and efforts to fill up storage ahead of winter

The Independent UK

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3 Oil Stocks that Have Run Out of Gas

Even if President Biden’s SPR releases do not lower energy prices, fears of an impending recession might. Given this backdrop, fundamentally weak energy stocks like Tellurian (TELL), NextDecade (NEXT), and Camber Energy (CEI), which seem to have run out of gas, might be avoided now. Read on….

StockNews.com

Natural gas exporters: market to be tight until 2025

The leader of the coalition of gas-exporting countries says that the group expects demand for the fuel to far outstrip supply until 2025 amid a global energy crisis sparked by the war in Ukraine

The Independent UK

2 Genius Stocks to Buy and Hold This Fall

Despite rising recession odds, the GDP growth expectations for the third quarter and improved consumer in September should bode well for the stock market. Therefore, fundamentally sound stocks Coca-Cola (KO) and Energy Transfer (ET) might be great buy-and-hold options this fall. Read on….

StockNews.com

It's going to cost a lot more to heat your house this winter

Get ready for the singe. Home heating costs are expected to soar 18% this winter to an average of $1,208 as higher oil and gas prices, the war in Ukraine and big storms pummel global energy markets.

Tribune News Service

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1 Stock That's Too Good to Pass up Right Now

Shares of renowned Oil & Gas company Energy Transfer (ET) have gained more than 35% year-to-date despite the broader market’s collapse. Given its solid second-quarter results, the company has increased guidance for the current year. The continued energy demand, new strategic partnerships, and acquisitions should boost its growth prospects. These,…

StockNews.com

World is in its 'first truly global energy crisis' - IEA's Birol

Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of "the first truly global energy crisis", the head of the International Energy Agency (IEA) said on Tuesday.

Reuters

EU energy ministers seek way forward for more energy unity

European Union energy ministers are seeking some common ground to flesh out the barest of tentative agreements that their leaders could find last week to soften the blow of the energy crisis while maintaining a united front during Russia’s war in Ukraine

The Independent UK

Texas natural gas drops toward zero as output swamps pipelines

Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel.

Tribune News Service

European gas prices plunge to lowest since June due to mild weather and full storage tanks OLD

Price 70 per cent lower than in August but still much higher than over past 10 years

The Independent UK

Reliance to commission new gas condensate field by year-end

NEW DELHI: Reliance Industries Ltd will commission its deepwater MJ gas condensate field in Bay of Bengal block KG-D6 by year end, boosting natural gas output to 30 per cent of India's total.

The Times of India

QatarEnergy Names Shell Partner for LNG Expansion Project

QatarEnergy's chief executive on Sunday named Shell a partner on the Gulf Arab state's North Field South expansion, part of the world's largest liquefied natural gas (LNG) project. Shell will have a 9.3% share of the project and QatarEnergy will keep 75%, Saad al-Kaabi, who is also state minister for…

Asharq Al-Awsat

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The Texas Tribune

Luke Warford tries to break the Republican hold on the Railroad Commission by focusing on the power grid and climate change

One of three seats on the Texas Railroad Commission, which oversees the oil and gas industry, is up for grabs this election. Democrat Luke Warford is betting his campaign on the issues of electric grid reliability, regulatory enforcement and reducing emissions.

France 24

Could the US restrict energy exports amid the global crisis?

The global energy crisis is weighing on households and businesses around the world. The US is more insulated from the high prices because it's a net exporter of energy, and American producers have boosted shipments of liquefied natural gas (LNG) to Europe. But energy and finance analyst Clark Williams-Derry says…

StockNews.com

3 Energy Stocks Not Worth The Money

President Biden has announced a sale of U.S. strategic reserves to bring down gas prices, while OPEC has slashed its oil demand growth estimates. Amid this, we believe fundamentally weak energy stocks Frontline (FRO), Tellurian (TELL), and Camber Energy (CEI) might be best avoided. Read on….

The Independent UK

Spain, Portugal eased energy prices. Can they teach the EU?

Households and businesses across Europe have struggled with high electricity prices for months, though they have fallen since late August peaks

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The Independent UK

Nigerian firm says it can't ship natural gas after flooding

A major Nigerian energy company says it can't deliver natural gas as promised in its contracts after deadly flooding hindered its operations

Tribune News Service

Study: Solar and wind energy saved Texas customers more than $7 billion in 2022 so far

Solar and wind energy saved Texans nearly $1 billion a month this year in electricity costs, according to a recent clean energy study from energy system analysis group IdeaSmiths LLC.

Benzinga

An Energy Caucus Lawmaker Is Buying Up Energy Stocks With Big Yields: Here Are Three You Should Know About

Kevin Hern is a member of the Republican party and a member of the U.S. House of Representatives for Oklahoma's 1st Congressional District. Rep.

The Independent UK

EU leaders united against Russia, divided over energy summit

European Union leaders head into Thursday's energy summit looking for joint measures to contain an energy crisis that has already dented their economy and threatens to spread more hardship this winter

Asharq Al-Awsat

QatarEnergy Has No Intentions to Increase EU Gas Supply Next Winter

QatarEnergy is working on expanding its gas production and trading operations as global demand surges and will not divert liquefied natural gas (LNG) contracted with Asian buyers to Europe this winter, announced CEO Saad al-Kaabi. Qatar is already among the world's top LNG exporters, and several European states, facing a…

Texas Observer

Indigenous Leaders Fight to Keep Natural Gas Pipelines Off Sacred Lands

Carrizo Comecrudo members have beaten three proposed natural gas export terminals. But two projects remain, fueled by the war in Ukraine.

The Conversation

Sanctions on Russia are increasing, not decreasing, its revenue

The European Union has just approved new sanctions against Russia, including a price cap on oil sales, following the United States’ Sept. 30 announcement of new economic sanctions. Both announcements are in response to Russia’s annexation of four regions of Ukraine.

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