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The Latest Breaking News from Natural Gas

EU draws up energy plan in case of Russian gas cutoff

European Union Commissioners are putting the finishing touches to a drastic plan to make sure that any Russian cutoff of natural gas supplies to the bloc will not disrupt industries and send an additional chill through homes next winter

The Independent UK

Egypt Again Presents Itself as Regional Natural Gas Export Hub

Egypt has against presented itself to the world as a regional natural gas export hub, vowing to provide facilitations to mitigate the effect of the European crisis caused by Russia’s war on Ukraine.

Asharq Al-Awsat

Putin warns EU that gas supplies could keep dwindling

Russian President Vladimir Putin says the flow of Russian natural gas to the European customers has dwindled due to the West’s own fault and warned that it could continue ebbing

The Independent UK

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EU expects Russian gas cutoff, to release winter energy plan

The European Union is set to propose energy cuts and savings as the 27-nation bloc expects Russian President Vladimir Putin to cut off vast natural gas supplies

The Independent UK

Italy signs energy deals with Algeria in bid to sidestep Russia

Prime Minister Mario Draghi says Algeria has ‘become in recent months the biggest supplier of gas’ to Italy.

Al Jazeera

How to know the difference between a local power outage and rolling blackouts

Power outages are a possibility during any severe weather event. But a local power outage is different from a larger power grid problem.

The Texas Tribune

Europe's leaders look to ink energy deals to sidestep Russia

European leaders have ramped up their push to secure alternative energy supplies as fears escalate of a complete natural gas cutoff by Russia

The Independent UK

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Economics of War: Pain for Europe Now, Later for Russia

Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are turning down the air conditioning as they prepare plans to ration natural gas and restart coal plants. A giant utility is asking for a taxpayer…

Asharq Al-Awsat

Economics of war: Pain for Europe now, later for Russia

Europe is feeling the pain from Russia's war in Ukraine

The Independent UK

EU's chief executive heads to Azerbaijan in search of gas deal

European Commission President Ursula von der Leyen will travel to Baku on Monday to seek more natural gas from Azerbaijan, the EU's executive said, as the European Union seeks to reduce its reliance on Russian energy.

Reuters

Washington DC aims to ban natural gas in most new buildings city-wide

The District of Columbia joins other cities who have moved to restrict fossil fuel infrastructure

The Independent UK

ConocoPhillips (COP) To Acquire Stake In Texas LNG Facility

ConocoPhillips (NYSE: COP) signed an agreement with Sempra Energy (NYSE: SRE) to acquire a 30% stake in the latter's proposed liquefied natural gas (AMEX: LNG) facility in Port Arthur, TX.

Benzinga

Patna: CNG pipeline obstructs metro rail work on Ashok Rajpath

PATNA: Work on metro rail and double-decker flyover projects on Ashok Rajpath is likely to be delayed as the compressed natural gas (CNG) pipeline that was laid from Gandhi Maidan to Gai Ghat has come as a major obstacle. The agencies engaged in building the flyover and underground metro stations…

The Times of India

How Falling Oil Prices Will Impact These 3 Stocks

Recessionary fears have led to a drop in oil prices recently. However, oil demand is expected to remain robust this year, and analysts expect oil prices could top $150 per barrel. So, let’s discuss the near-term prospects of oil and gas stocks Chevron (CVX), Marathon Oil (MRO), and Cheniere Energy…

StockNews.com

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The Independent UK

Macron: Turn out the lights, brace for Russian gas cutoff

French President Emmanuel Macron is warning his country’s people to prepare for a total cutoff of Russian natural gas by supporting alternatives and having public lights switched off at night

The Conversation

Carbon monoxide: what is it and why is it deadly?

Many of us are familiar with the typical results of burning fuels such as coal, natural gas and oil. The reaction produces heat which we harness to warm our homes, heat water and cook food, power vehicles and generate electricity.

The Independent UK

Gazprom casts doubt on pipeline's quick return to full flow

Russia's Gazprom appeared to cast doubt Wednesday on the prospects of quickly restoring the flow of natural gas to full capacity through a major pipeline to western Europe

The Times of India

June 28 tragedy: ONGC staff battled rough seas for 2.5 hours before they were pulled out, say sources

MUMBAI: A delayed rescue operation in inclement weather may have cost four lives after a Pawan Hans helicopter made an emergency landing near an ONGC rig last month, reports Manju V. When the chopper landed off Mumbai High on a rough sea, the occupants managed to unfasten seat belts, open…

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StockNews.com

3 Energy Stocks to Buy and 1 to Avoid in July

Oil prices might soar higher as demand continues to outstrip supply. And we think energy stocks Adams Resources & Energy (AE), TotalEnergies (TTE), and Devon Energy (DVN) are well-positioned to benefit from the industry tailwinds and might be solid buys. However, as oil prices have receded lately on recession fears,…

Ballotpedia

ESG pulling Europe in opposite directions

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

StockNews.com

The 4 Top-Performing S&P 500 Stocks as of July 2022

Worries over the Fed’s hawkish stance to curb the rising inflation and growing recession risks have weighed heavily on market sentiment, causing the benchmark S&P 500 to tumble significantly. However, fundamentally sound S&P 500 stocks Occidental Petroleum (OXY), Hess (HES), Valero Energy (VLO), and Exxon Mobil (XOM) managed to gain…

Al Jazeera

German official says nuclear would do little to solve gas issue

Vice-Chancellor Robert Habeck says keeping nuclear reactors running would not solve problem of potential gas shortfall.

The Independent UK

German official: Nuclear would do little to solve gas issue

Germany’s vice chancellor has defended the government’s commitment to ending the use of nuclear power at the end of the year

Al Jazeera

Euro hits US dollar parity for first time in 20 years

The euro has been vulnerable given the effect of a continuing spike in natural gas prices and the war in Ukraine.

Tribune News Service

‘We’re in trouble’: Electric rates in Texas have surged over 70% as summer kicks in

There’s no escaping rising oil prices. They’ve driven up the cost of gasoline, and the higher expense registers every time people fill up the tank.

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