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The Latest Breaking News from Natural Gas

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

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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

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 Independent UK

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 Conversation

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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 Independent UK

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…

The Times of India

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,…

StockNews.com

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.

Ballotpedia

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…

StockNews.com

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.

Al Jazeera

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

The Independent UK

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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.

Reason

If Biden Were Serious About Energy Policy, Here's What He'd Propose

Blaming oil companies and Vladimir Putin for our current energy woes is dishonest and unhelpful.

StockNews.com

3 Bloated Oil & Gas Stocks to Avoid as Energy Prices Fall

Energy prices declined significantly last week due to concerns that an economic slowdown could weaken demand. Given the price volatility, we think it could be wise to avoid fundamentally weak oil & gas stocks Houston American Energy (HUSA), NextDecade (NEXT), and Tellurian (TELL), which look bloated. Read on….

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Asharq Al-Awsat

Canada to Release Equipment for Russia-Germany Gas Pipeline

The Canadian government said it will allow the delivery to Germany of equipment from a key Russia-Europe natural gas pipeline that has undergone maintenance — equipment the absence of which Russia's Gazprom cited last month as a reason for more than halving the flow of gas. The return of turbines…

Asharq Al-Awsat

International Energy Forum Calls For Transparent Disclosure of Nuclear, Gas Holdings

The International Energy Forum (IEF) welcomed the European Parliament’s decision to include nuclear and natural gas in the EU classification of environmentally sustainable energy sources, unlocking billions of euros of new investment. In a statement, the IEF also stressed the need to strengthen disclosures of nuclear and gas holdings. “This…

The Independent UK

Canada to release equipment for Russia-Germany gas pipeline

The Canadian government says it will allow the delivery to Germany of equipment from a key Russia-Europe natural gas pipeline that has undergone maintenance — equipment the absence of which Russia’s Gazprom cited last month as a reason for more than halving the flow of gas

The Conversation

Morocco - a top fertiliser producer - could hold a key to the world’s food supply

Morocco has a large fertiliser industry with huge production capacity and international reach. It is one of the world’s top four fertiliser exporters following Russia, China and Canada.

WEKU

The Supreme Court handed coal power a win. But experts say that won't save it

Conservative U.S. Supreme Court justices sided with coal companies in a recent case over the EPA's authority. But market forces have pushed the ongoing decline of coal power.

The Independent UK

New pipeline from Greece to Bulgaria offsets Russian gas cut

The leaders of Greece and Bulgaria have inaugurated a new pipeline that will supply natural gas from Azerbaijan to Bulgaria

The Independent UK

German energy giant Uniper asks for bailout amid Ukraine war

Germany's energy supply giant Uniper is asking the government for a bailout amid a growing supply crisis over Russian natural gas

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