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HomeNatural Gas

Natural Gas

Russia's Gazprom
Geopolitical

Exclusive: Russia’s Gazprom tells European buyers gas supply halt beyond its control

July 19, 2022 Mariel Alumit

LONDON, July 18 (Reuters) – Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat […]

Russia's Gazprom
Geopolitical

Exclusive: Russia’s Gazprom tells Europe gas halt beyond its control

July 18, 2022 Mariel Alumit

LONDON, July 18 (Reuters) – Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of ‘extraordinary’ circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat […]

German gas
Geopolitical

German gas squeeze will last two winters, regulator says

July 18, 2022 Mariel Alumit

The threat of gas shortages will hang over Germany for the next two winters, according to the head of the country’s energy regulator. But even if Russia stops supplying Germany with natural gas, other countries […]

U.S. monthly average Henry Hub spot price nearly doubled in 12 months
EIA News

U.S. monthly average Henry Hub spot price nearly doubled in 12 months

July 17, 2022 Mariel Alumit

During the past 12 months (July 2021-June 2022), the monthly average Henry Hub natural gas spot price, which is a U.S. benchmark, nearly doubled, according to data from Refinitiv Eikon. The price rose from $3.84 […]

Germany says it has no good alternatives to Russian energy — but not everyone is convinced
Climate Crisis

Germany says it has no good alternatives to Russian energy — but not everyone is convinced

July 16, 2022 Stu Turley

“We’re now on alert stage two,” said German Ambassador to Canada Sabine Sparwasser. “People are asked to change heating systems, people are asked to cut down on their consumption. And our energy ministry even said you […]

Tellurian
Finance

Tellurian Announces Haynesville Shale Acquisition for $125 million

July 15, 2022 Mariel Alumit

HOUSTON–(BUSINESS WIRE)–Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today that its wholly owned subsidiary Tellurian Production LLC (TPC) has entered into an agreement to purchase natural gas assets from privately held EnSight IV Energy Partners, […]

Gazprom
Geopolitical

Gazprom says no guarantee Nord Stream pipeline will work

July 13, 2022 Mariel Alumit

Russian energy giant Gazprom said Wednesday it could not guarantee the good functioning of Nord Stream and did not know if a “critical” turbine engine would be returned from repair in Canada. Gazprom started 10 days […]

EIA News

US Natural Gas Production, Consumption to Grow 3% in 2022, EIA Reports

July 13, 2022 Stu Turley

US dry natural gas production in 2022 is expected to rise 2.7 billion cubic feet per day, or 3%, year over year, further increasing to nearly 100 Bcf/d in 2023, the US Energy Information Administration […]

European Union
Geopolitical

Will the Nord Stream 1 comeback online? Let’s talk before you make that long shot bet.

July 11, 2022 Stu Turley

I always love a great long-shot win, but this year the Kentucky Derby was a great 80 to 1 win by Rich Strike. What a great horse race to watch! Rich Strike was entered in […]

NYMEX natural gas
Finance

NYMEX natural gas futures relapse amid profit-taking following short-lived rally

July 11, 2022 Mariel Alumit

NYMEX August natural gas futures shed 26.3 cents to settle at $6.034/MMBtu on July 8 amid a barrage of profit-taking. The loss comes on the back of the previous day’s 14% surge in NYMEX front-month […]

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