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HomeNatural Gas

Natural Gas

vulnerable
Crude Oil News

The Netherlands: energy infrastructure is vulnerable to Russian sabotage

February 22, 2023 Mariel Alumit

(Bloomberg) – Dutch gas pipelines and wind farms in the North Sea are vulnerable to sabotage by Russia, according to an intelligence report. Russia has covertly mapped the Dutch energy infrastructure in the North Sea […]

Gas
Commodities

U.S. Natural Gas Falls Below $2 for the First Time Since 2020

February 22, 2023 Mariel Alumit

​US natural gas futures fell below $2 for the first time since 2020, extending a massive selloff as traders give up on hopes of extreme cold boosting demand.Gas for March delivery dropped to $1.987 per […]

Shell
Big Oil Companies

Shell Finalizes Nature Energy Acquisition

February 22, 2023 Mariel Alumit

Energy major, Shell, through its unit Shell Petroleum, has completed the acquisition of Europe’s largest producer of renewable natural gas (RNG), Nature Energy Biogas. Shell has acquired Nature Energy’s portfolio of operating plants, associated feedstock […]

Shell
International News

Shell closes $2bn acquisition of Danish firm Nature Energy Biogas

February 21, 2023 Mariel Alumit

Shell’s wholly-owned subsidiary Shell Petroleum has closed the acquisition of Danish renewable natural gas (RNG) producer Nature Energy Biogas in a deal worth approximately $2bn. Denmark-based Nature Energy has been acquired from a consortium of institutional investors comprising Pioneer Point […]

Europe
Climate Crisis

How Europe Ditched Russian Fossil Fuels With Spectacular Speed

February 21, 2023 Mariel Alumit

(Bloomberg) — Europe’s most remarkable response to Russia’s war on Ukraine hasn’t been marshaling military equipment and billions of euros in aid. It’s been the unprecedented speed of an energy transition that in one year […]

U.S
Crude Oil News

“How Fracking Has Contributed To U.S. CO2 Emission Reductions”

February 20, 2023 Mariel Alumit

Since 2008, an outstanding achievement in U.S. energy has occurred with barely a whisper from the news media. Electricity prices have plateaued to a very small annual growth rate, while at the same time U.S. […]

Shell
Big Oil Companies

Will Shell And BP Use Their Mammoth Profits For Green Energy?

February 20, 2023 Mariel Alumit

BP and Shell announced record annual profits of £23bn and £32bn respectively for 2022. BP and Shell have pledged to spend £18bn and £25bn respectively over the current decade on domestic low and zero-carbon energy […]

IEA
International News

IEA’S BIROL WARNS OF TIGHTER ENERGY SUPPLY NEXT WINTER

February 20, 2023 Mariel Alumit

BERLIN, Feb 19 (Reuters) – International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied natural gas (LNG) is coming to the market while China’s […]

forecasts
EnergyNews

U.S. natgas slides 2% to 25-month low on forecasts for less heating demand

February 18, 2023 Mariel Alumit

U.S. natural gas futures slid about 2% to a fresh 25-month low on Friday on forecasts for less cold weather and lower heating demand next week than previously expected. That mild weather should allow utilities […]

EnergyNews

U.S. LNG producers Poised to Leapfrog Rivals with Three New Projects

February 18, 2023 Mariel Alumit

​NEW YORK, Feb 16 (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would […]

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