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The Latest Breaking News from Natural Gas

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

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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

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….

StockNews.com

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.

Reuters

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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 Independent 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

The Guardian - UK

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.

WEKU

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

The Independent UK

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…

Asharq Al-Awsat

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…

StockNews.com

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

The Independent UK

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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.

The Independent UK

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

Asharq Al-Awsat

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.

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The Independent UK

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

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

Al Jazeera

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.

The Texas Tribune

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 Independent UK

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

Asharq Al-Awsat

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…

The Independent UK

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

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

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