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The Latest Breaking News from Natural Gas

Why Are Oil-and-Gas Companies Developing Lesson Plans for Teachers?

The fossil fuel industry has long understood the power of the school system in shaping perceptions around climate change

The Walrus

Germany rethinks gas surcharge after backlash over profits

Germany is considering backtracking on plans for consumers to pay a surcharge on natural gas amid mounting criticism that the money could flow to highly profitable energy companies

The Independent UK

This Oil & Gas Stock Has Momentum Behind It. But a Sell Rating

Natural gas company Tellurian (TELL) has gained significant momentum lately on the backs of high natural gas prices. However, the stock is rated Strong Sell in our proprietary rating system. Read on to know why….

StockNews.com

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Ukraine faces toughest winter yet, but gas reserve goal within reach

Ukraine faces its most difficult winter in modern history but should manage to reach a government goal of building 19 billion cubic meters (bcm) of natural gas reserves in time, Energy Minister German Galushchenko said on Thursday.

Reuters

UK energy bills are skyrocketing. Why is it happening?

A cost-of-living crisis in Britain is about to get worse

The Independent UK

Myanmar makes $800m from April-July gas exports

Military-ruled Myanmar earned US$800 million from natural gas exports mainly to China and Thailand between April and July, the junta said in the state newspaper on Thursday.

Bangkok Post

Energy prices are rising again. Here’s what to expect in another costly winter heating season

The cost of natural gas and heating oil is climbing again, likely to cause more financial pain this winter for consumers already struggling to pay for food, clothing and other items.

Tribune News Service

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It’ll be impossible to replace fossil fuels with renewables by 2050, unless we cut our energy consumption

Energy consumption – whether its heating your home, driving, oil refining or liquefying natural gas – is responsible for around 82% of Australia’s greenhouse gas emissions.

The Conversation

Draghi: Italy has stockpiled 80% of natural gas reserves

Outgoing Italian Premier Mario Draghi said the country is less vulnerable to interruptions of Russian natural gas supplies because of its moved rapidly to reduce dependence on Moscow

The Independent UK

Europe’s natural gas market tests record highs as supply worries mount

As Russia prepares to cut supplies via the Nord Stream pipeline, there are also outages on Norway and the US

Evening Standard

2 Oil Stocks Investors Might Want to Load up on This Fall

Gas-to-oil switching and soaring oil use for power generation are boosting oil demand. Moreover, OPEC might be planning a supply cut, which should drive prices higher. So, we think it could be wise to load up on oil stocks Marathon Oil (MRO) and Murphy Oil (MUR) this fall. Read more….

StockNews.com

Euro falls below parity with the dollar. What's the impact?

The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency

The Independent UK

German gas storage 80% full, progresses despite Russian cuts

Germany’s gas storage facilities are now more than 80% full, showing steady progress despite a drastic reduction in deliveries from Russia amid the war in Ukraine

The Independent UK

Factory slump drags UK near stagnation; US private sector shrinks; eurozone ‘heads into recession’ – as it happened

UK private sector growth hits 18-month low, while the US, Germany and France all suffer falls in activity this month, adding to recession fears

The Guardian - UK

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Al Jazeera

Canada would need ‘business case’ for LNG exports to Europe: PM

Justin Trudeau says natural gas exports costly and logistically difficult, but Canada will boost global energy supplies.

Benzinga

Could Nord Stream Pipeline Maintenance Benefit US Stocks? Analysts Thinks So — And One Sees 26% Upside Potential On This Energy Stock

The cost of wholesale European gas has increased by 572% this year to 276.23 euros per megawatt-hour, or approximately $274.70. Analysts predict that price increases will continue as winter approaches, fueling inflationary fears as Europe battles to cope with Russia's interruption of natural gas supplies.

The Independent UK

Germany's Scholz in Canada to diversify energy supply

German leader Olaf Scholz says he's working as fast as he can to reduce Germany's dependence on Russia for energy, but Canadian Prime Minister Justin Trudeau says a business case is needed to send gas from Canada to Europe

Tribune News Service

Germany may resort to nuclear plants to plug Russian gas gap

Germany may not be able to replace all its imports of Russian natural gas this winter and might have to resort to nuclear power to plug part of the gap, the nation’s two most powerful leaders said.

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The Hindu

Torrent reduces CNG prices by ₹5 per kg

Domestic allocation of natural gas increased

Reuters

Ukraine's Naftogaz backs Scholz's bid for Canadian LNG ahead of trip

Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russian gas imports from an unexpected ally: Ukrainian state-owned gas company Naftogaz.

Asharq Al-Awsat

French President Macron to Travel to Algeria on Aug. 25

French President Emmanuel Macron is planning to travel to Algeria next week, the Elysee palace announced on Saturday, saying that the official visit will take place from Aug.25-27. Macron accepted an invitation by Algerian President Abdelmadjid Tebboune, his office said. It will be Macron's second official visit to the North…

The Independent UK

Russia's Gazprom to shut gas pipeline to Europe for 3 days

Russia’s state-owned energy company Gazprom says a key pipeline conveying natural gas to Europe will shut down for three days at the end of this month to undergo “routine maintenance.”

Wales Online

Russia-owned energy firm Gazprom to shut gas pipeline to Europe for three days

The firm said the closure of the pipeline was being carried out for "routine maintenance". It comes at a time when gas prices across Europe are surging.

Tribune News Service

Recipe for a reliable Texas grid: A gas plant plus 22,000 batteries and backup fuel

GRANBURY, Texas — This is what modern reliability looks like on the Texas grid.

The Independent UK

Germany lowers natural gas tax to ease burden on consumers

German Chancellor Olaf Scholz says the government will temporarily lower taxes on natural gas to ease the financial pressure on people struggling with soaring energy costs

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