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Energy / Natural Gas

Gazprom’s Profits Plunge 40% As Sanctions Bite

May 24, 2023 at 13:00 | Alex Kimani

While Russian oil giant Rosneft and LNG giant Novatek are holding down the fort for shareholders, Gazprom is feeling the bite of Western sanctions, based on its full-year profit reporting…

This New Middle East Pipeline Could Be A Gamechanger

May 22, 2023 at 15:46 | Simon Watkins

A huge new Middle East to Asia pipeline that could provide the East with high volumes of reliable gas supplies for decades is being planned. The presence of…

Can Turkmenistan Become An Important Gas Supplier For Europe?

May 19, 2023 at 08:59 | The Jamestown Foundation

In recent months, traditionally isolationist Turkmenistan has begun to make efforts to open up more to the outside world. As a result, intense competition has ensued…

Europe’s Mad Dash To Build LNG Terminals Could End In Tears

May 16, 2023 at 10:13 | Tsvetana Paraskova

Europe's mad dash to build LNG import terminals could result in an excess number of regasification projects by the end of the decade if the EU manages to continue reducing…

U.S. Natural Gas Drilling Collapses At Fastest Fastest Pace Since 2016

May 15, 2023 at 09:29 | ZeroHedge

According to a new report from Baker Hughes Co., the US natural gas sector is rapidly pulling drilling rigs from the field due to oversupply conditions that…

How to Play A Potential Bounce In Natural Gas

May 12, 2023 at 13:06 | Editorial Dept

Over the last year or so, probably the most spectacular move in any energy-related market has been the collapse of natural gas (NG). The price of front-end futures in the…

Texas Natural Gas Prices Turn Negative

May 10, 2023 at 08:15 | Tom Kool

Mild spring weather with low gas demand combined with pipeline maintenance to drag spot natural gas prices at the Waha hub in West Texas into negative territory this week.…

Oil Majors Are Succeeding In Securing More Gas From The Middle East

May 09, 2023 at 06:21 | Simon Watkins

TotalEnergies, along with Italy’s Eni and the UK’s BP and Shell, have been at the vanguard of securing new oil and gas supplies for Europe to substitute for lost energy…

Iraq’s Giant Halfaya Gas Project May Be Finished Ahead Of Time

May 01, 2023 at 11:32 | Simon Watkins

News last week from Iraq Oil Ministry sources that the first stage of a gas processing facility at the Halfaya oil field is now expected to come online…

World's Largest LNG Buyer Concerned About Another Price Spike

May 01, 2023 at 08:51 | ZeroHedge

The northern hemisphere experienced higher-than-average temperatures this past winter, which helped alleviate energy crunches and sent liquefied natural gas prices tumbling from record-high levels. Now the world's largest gas buyer…

McKinsey: Europe Must Cut Gas Demand To Offset Supply Shortage

Apr 26, 2023 at 09:15 | Tsvetana Paraskova

Europe has managed to reduce natural gas consumption by more than the targets set last summer, but it may have to cut a lot more demand this year and…

Wind-Powered North Sea Natural Gas Project Halted Over Emissions Uncertainty

Apr 26, 2023 at 07:35 | Tsvetana Paraskova

A court in the Netherlands has suspended a project for natural gas drilling and extraction in the North Sea due to potential environmental damage.   The offshore gas…

How Azerbaijan Is Helping Europe Pivot Away From Russian Gas

Apr 25, 2023 at 09:12 | The Jamestown Foundation

On April 13, Azerbaijani President Ilham Aliyev paid an official visit to Sarajevo, Bosnia-Herzegovina. While there, Aliyev met with his counterparts, the members of the Bosnian tripartite presidency,…

U.S. Stresses Importance Of LNG For Europe

Apr 24, 2023 at 08:47 | Simon Watkins

Russian President Vladimir Putin belied that his invasion of Ukraine in 2022 would go largely unopposed by the U.S. and its allies for the same reason that he…

Tellurian’s Driftwood LNG: A Solid Project Or A Pipe Dream?

Apr 24, 2023 at 08:40 | David Messler

Tellurian (NYSE:TELL) is one of those speculative stocks that seem to cast a spell over the "Bottom Fishing” investors of the world. It is its relatively low stock price-$1.36 per…

Russia To Boost Natural Gas Exports To China By 50%

Apr 24, 2023 at 07:41 | Irina Slav

Russian plans to increase natural gas exports to China by almost 50 percent this year, Deputy Prime Minister Alexander Novak has said. Russia's Gazprom sends gas…

EPA Targets Gas-Fired Power Plants With Carbon Capture Requirements

Apr 24, 2023 at 07:31 | Charles Kennedy

The Environmental Protection Agency plans to adopt requirements for gas-fired power generators to capture the carbon dioxide emissions of their facilities, Reuters has reported, citing unnamed sources. According…

Nigeria's Oil And Gas Sector Hit By $21 Billion In Divestments

Apr 21, 2023 at 12:55 | Cyril Widdershoven

The oil and gas production in Nigeria is being severely impacted by the Western ESG strategies that are forcing IOCs to reconsider their upstream and downstream operations worldwide,…

ADNOC Aims To Grow Energy Market Share In Europe

Apr 21, 2023 at 10:31 | Cyril Widdershoven

ADNOC, the national oil company of Abu Dhabi, is expanding its natural gas production capacity and increasing investments to target Europe's gas markets. As one of the…

Why U.S. Gas Production Is Growing So Fast

Apr 20, 2023 at 13:44 | Irina Slav

U.S. natural gas production is booming. The country is pumping so much of the commodity that prices have dropped to multi-year lows after last year, soaring to over $7 per…

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