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The Latest Breaking News from Natural Gas

Natural gas company Tellurian (TELL) has gained more than 30% this year. However, given the stock’s negative profit margins and stretched valuation, can the stock maintain its momentum? Read on to find out….

StockNews.com

Shell CEO to step down as oil giant looks to climate goals

Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge as oil and natural gas companies are under pressure to shift away from fossil fuels

The Independent UK

Enniskillen roadworks to begin next week and continue until late November

Lane closures will come into place in the affected areas as a result of the expansion of the natural gas network

Belfast Live

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Ukraine seals gas supply deal with US for winter - Interfax quotes PM

Ukraine has reached an agreement with the United States on the supply of 2 billion cubic metres of natural gas over the fourth quarter of 2022 and the first three months of 2023, Interfax news agency quoted the prime minister as saying on Wednesday.

Reuters

Is your gas stove bad for your health?

Cooks love their gadgets, from countertop slow cookers to instant-read thermometers. Now, there’s increasing interest in magnetic induction cooktops – surfaces that cook much faster than conventional stoves, without igniting a flame or heating an electric coil.

The Conversation

4 Precious Metals Stocks As Possible Inflation Hedges

Even though the Inflation Reduction Act of 2022 is in effect, markets can have a way of determining whether the plan works or not. Not that it’s expected, but if the oil and natural gas markets become even more volatile than they are — with Russia and Europe at odds…

Benzinga

A bridge to nowhere: Natural gas will not lead Canada to a sustainable energy future

The Canadian government has used Russia’s invasion of Ukraine and the removal of Russian natural gas exports to justify increasing natural gas production in Canada. Much of the necessary infrastructure for producing and transporting this liquefied natural gas (LNG) would, however, take years to develop, locking Canada into an emissions…

The Conversation

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Greek leader: EU must respond as one to Putin's 'blackmail'

Greece's prime minister says the European Union should have a coordinated response to the challenge posed by Russian President Vladimir Putin’s “blackmail” with the supply of natural gas

The Independent UK

Landmark UAE Gas Sales Agreement Signed between ADNOC, DUSUP

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, have witnessed the signing of a landmark gas sales agreement between Abu Dhabi National Oil Company (ADNOC) and Dubai Supply Authority (DUSUP). The agreement showcases the UAE’s…

Asharq Al-Awsat

3 Ways To Earn High Yields As Energy Prices Surge

As the natural gas Oct. 22 futures retreated from record highs of $9.98 per cubic foot to $8.27 per cubic foot, the SPDR Energy Select Sector Fund (ARCA: XLE) fell by .80%.

Benzinga

EU Ministers Seek Ways to Face Energy Shock

EU energy ministers on Friday will attempt to forge a united response to the energy shock from Russia's war on Ukraine that has sent prices for electricity and heating skyrocketing. Moscow's invasion has seen the price of natural gas hit record levels, throwing the EU economy into deep uncertainty with…

Asharq Al-Awsat

How to invest in natural gas

Natural gas has featured regularly in the news of late, with the wholesale price having more than doubled in 2022 after Russia’s invasion of Ukraine. The UK government has also reopened the controversial debate on fracking as a way of reducing natural gas imports.

Evening Standard

'Harsh winter ahead' could stifle Scottish economic growth

Scotland’s productivity is the third highest off all UK regions and nations, yet still remains below the UK average

Insider UK

Record heat wave has California using more fossil fuels

The state has had to rely more on natural gas to produce electricity and avoid power outages even as Gov. Gavin Newsom moves toward ending the use of oil and gas.

Chicago Sun-Times

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The Independent UK

Heat wave puts California in fossil fuel conundrum

A record heat wave put California in a fossil fuel conundrum: The state has had to rely more heavily on natural gas to produce electricity and avoid power outages while Democratic Gov. Gavin Newsom’s administration moves toward ending the use of oil and gas

The Independent UK

EU wants price cap on Russian gas, energy companies to pay

European Commission President Ursula von der Leyen says European Union countries should set a price cap on Russian natural gas

Axios

R.I.P. Europe's energy system

Without Russian natural gas, Europe is rebuilding its energy system on the fly

France 24

Europe prepares for energy crisis as Russia slashes supplies of natural gas

Europe is struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep recession.

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France 24

Long winter ahead: PM Liz Truss faces energy crisis on day one

It's day one on the job for Britain's new prime minister and as Russia squeezes natural gas exports, Liz Truss faces a wartime economy. How to keep the lights on across the Channel? How to rein in inflation? As Europeans work to pool their energy purchases, tax windfall profits and…

Asharq Al-Awsat

Türkiye’s Erdogan Says ‘Europe Reaping What it Sowed’ on Energy Crisis

Turkish President Tayyip Erdogan said on Tuesday that Russia is cutting natural gas flows to Europe in retaliation for sanctions, adding that Europe is "reaping what it sowed". Fears in Europe have increased over a potentially bleak winter after Russia announced it was keeping its main gas pipeline to Germany…

Reuters

Turkey's Erdogan says 'Europe reaping what it sowed' on energy crisis

Turkish President Tayyip Erdogan said on Tuesday that Russia is cutting natural gas flows to Europe in retaliation for sanctions, adding that Europe is "reaping what it sowed".

The Independent UK

EXPLAINER: Europe struggles with crisis as Russia cuts gas

Europe is struggling to contain an energy crisis as Russia throttles back supplies of natural gas

Reuters

Exclusive-Gazprom says Nord Stream 1 resumption depends on Siemens Energy

Russia's biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief Executive Vitaly Markelov told Reuters on Tuesday.

The Independent UK

Commissioner: EU to unveil new responses to energy crisis

The European commissioner for energy says the EU's next steps for addressing the continent’s worsening energy crisis following Russia’s invasion of Ukraine are expected to be unveiled next week

Asharq Al-Awsat

Russia Pockets $158 bn in Energy Exports after War

Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said Tuesday. The Centre for Research on Energy and Clean Air called for more effective sanctions…

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