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The Latest Breaking News from Natural Gas

Russian economy bitten by sanctions

Sanctions have been effective at crippling the Russian economy.

Axios

Why Energy Stocks Traded Higher; Here Are 61 Biggest Movers From Yesterday

Gainers GeoVax Labs, Inc. (NASDAQ: GOVX) jumped 150.4% to close at $1.59 on Monday after declining 8% on Friday.

Benzinga

Fresh Russian gas cuts threaten economic pain in Europe

The EU on Tuesday reached agreement on how to cut member states' consumption of gas by 15 percent and reduce their dependence on Russian supplies. Russian energy giant Gazprom on Monday said gas flows to Germany through the Nord Stream 1 pipeline would fall to 33 million cubic metres (MCM)…

France 24

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EU struggles with how to cut off reliance on Russian gas

European Union nations are struggling to find common ground on how to wean the bloc off its reliance on Russian natural gas

The Independent UK

3 Growth Stocks Investors Need to Snatch up Fast

The Fed’s aggressive rate hikes are increasing the possibility of an economic recession. However, analysts think it is better to stay invested. Hence, we think it could be wise to add fundamentally sound growth stocks Alpha Metallurgical (AMR), Cenovus Energy (CVE), and Diamondback Energy (FANG) to your portfolio now. Keep…

StockNews.com

Gazprom raises more questions in energy standoff with Europe

Russia’s Gazprom has raised more questions about the return of a part that has been at the center of tensions over natural gas deliveries through a major pipeline to Europe

The Independent UK

Kremlin: Nord Stream 1 Turbine to be Installed, Volumes will Adjust

A repaired gas turbine will be installed in the Nord Stream 1 pipeline from Russia to Germany once it is returned after maintenance, and natural gas will then be supplied in “corresponding volumes”, a Kremlin spokesman said on Monday. Spokesman Dmitry Peskov stopped short of saying supply would increase, noting…

Asharq Al-Awsat

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Algeria’s Gas Supply to Spain Temporarily Suspended

A malfunction in the Medgaz underwater natural gas pipeline between Algeria and Spain has caused a temporary suspension of gas supplies to Spain on Sunday, Algerian state media said, citing a statement from state oil and gas producer Sonatrach. The malfunction occurred on the Spanish side, and Spain is working…

Asharq Al-Awsat

Piped Natural Gas: 30,000 customers to be covered by March 2023 in Mysuru

About 24,000 registrations has been completed for PNG so far, says Arun Nayak

The Hindu

EU envoys review compromise on plan to reduce gas use

National envoys to the European Union debated on Friday a compromise to a European Commission proposal that all 27 EU countries cut their natural gas use after widespread resistance from governments.

Reuters

German government agrees on bailout for energy supplier

Energy supplier Uniper says the German government will take a roughly 30% stake in the company as part of a rescue package following surging prices for natural gas and reduced Russian deliveries

The Independent UK

Electrify Your Portfolio With This 1 Energy Stock

Shares of electricity and natural gas supplier Genie Energy (GNE) have gained 64.9% over the past year. Given the company’s solid fundamentals, we think it could be wise to buy the stock now. Read on to learn more.

StockNews.com

Natural gas prices rising in US, dampening hopes for lower inflation

High price of natural gas increases costs for other products including steel, cement and glass

The Guardian - US

Spain, Portugal reject EU plan to cap natural gas use

The governments of Spain and Portugal have both rejected the proposal by the European Commission's president to establish a mandatory reduction in natural gas use to prepare for a potential cutoff this winter by Russia

The Independent UK

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StockNews.com

2 Killer Stocks No One Is Talking About Right Now

Amid uncertain market conditions, it becomes increasingly difficult for investors to find stocks that can survive the challenges and deliver solid returns. Fundamentally sound stocks Enterprise Products Partners (EPD) and Delek Logistics Partners (DKL), which are currently not on investors’ radar, could deliver exceptional returns. Let’s discuss….

Reuters

Kremlin says Russia is reliable gas supplier, blames Europe for problems

The Kremlin said on Thursday that all difficulties with the supply of Russian natural gas to Europe were caused by Western restrictions, after a major gas pipeline was restarted at below capacity following maintenance.

The Independent UK

Russian gas supplies resume to Europe through Nord Stream 1 pipeline

The resumption of natural gas comes amid fears Vladimir Putin will cut European supplies

The Guardian - UK

How reliant is Germany – and the rest of Europe – on Russian gas?

As Russia reopens Nord Stream pipeline at lower capacity, pressure remains to reduce consumption and dependency on Russia

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WEKU

Key gas pipeline from Russia to Europe restarts after a break for maintenance

Natural gas started flowing through a major pipeline after a 10-day shutdown, the operator said. The gas flow was expected to fall well short of full capacity and the outlook was uncertain.

The Independent UK

Key gas pipeline from Russia to Europe restarts after break

The operator of a major pipeline from Russia to Europe says natural gas has started flowing again after a 10-day shutdown for maintenance

Asharq Al-Awsat

US to Send More Rocket Systems to Ukraine, Moscow Signals Wider War Aims

The United States on Wednesday promised to send more precision rocket systems to Kyiv, soon after Moscow signaled it was aiming to seize more Ukrainian territory beyond the eastern industrial region of Donbas. The announcement came as the European Commission called on EU members to slash demand for natural gas…

StockNews.com

4 Stocks You Should Consider Buying Now for Long-Term Gains

Despite the macroeconomic headwinds driving massive volatility in the markets, resilient consumer spending and impressive earnings results restore investors’ confidence. Since the uncertainty is expected to persist for quite some time, investors could consider buying quality stocks, Mueller Industries (MLI), Marathon Oil (MRO), QUALCOMM (QCOM), and Valero Energy (VLO) for…

The Independent UK

EXPLAINER: Can Europe live without Russian natural gas?

Europe is bracing for the possibility that the key Nord Stream 1 pipeline that brings natural gas from Russia to Germany won't reopen as scheduled after routine maintenance

Tribune News Service

EU seeks 15% cut in gas consumption on Russian supply woes

The European Union proposed that the bloc cut its natural gas consumption by 15% over the next eight months in a plan that would affect all households, power producers and industry.

Radio France Internationale

EU asked to reduce gas consumption by 15 percent to face possible Russian cuts

The European Commission has asked member states to reduce their demand for natural gas by 15 percent over the next few months in order to ensure enough remains for the winter if Russia decides to cut off its supply.

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