EU energy commissioner Kadri Simson said Wednesday that natural gas price caps could limit excessive price spikes but only if countries give Brussels the power to impose such a measure. Norway’s top energy firm responded […]
Israel has given a hydrocarbon company permission to start operations at Karish, an offshore field at the heart of a maritime border agreement expected to be signed soon with Lebanon. A statement from the energy […]
(Bloomberg) — Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel. Gas in an area of the […]
Last week we pointed out a bizarre development off the coast of the energy starved European continent: some 35 LNG carriers were idling off the coast of Spain (the country which has six LNG import […]
While U.S. natural gas futures gained more than 4% on Monday, natural gas in the Waha part of the Permian Basin was falling and trading close to zero, traders told Bloomberg on Monday. Flourishing natural […]
The Dutch government wants to close the strategically important Groningen gas field by 2024. An increasing number of earthquakes and damage to some 27000 buildings to the point that they are uninhabitable have forced the Dutch […]
With the US becoming increasingly integrated into global gas markets as one of the world’s largest exporters, it is setting its sights on customers in the fluctuant European market. Currently, US LNG exports are running at […]
Data source: U.S. Energy Information Administration, Natural Gas Annual Note: Full U.S. natural gas flow diagram In 2021, both U.S. natural gas marketed production and natural gas exports established new records. Marketed, or wet, natural […]
US natural gas futures dropped for the fifth straight session to $5.3/MMBtu, the lowest in seven months, after the latest EIA report showed another larger-than-usual storage build. US utilities added a more than expected 111 […]
BERLIN, Oct 20 (Reuters) – Russian President Vladimir Putin is using energy and hunger as weapons but has failed to break the West’s unity and will not achieve his war aims through scorched earth tactics, […]
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