Houston-based Baker Hughes Co. kicked off third quarter earnings season for the oil and natural gas sector on Wednesday, acknowledging challenges but optimistic about the emerging upcycle, with a continuing bullish view for LNG. The […]
Europe’s gas prices fell at the start of this week to the lowest level in three months as storage is fuller than initially expected, LNG cargoes are coming in, and the weather is mild. But European […]
The EU is considering a price cap on Russia’s natural gas exports in order to reduce both its energy bill and Russia’s ability to wage war on Ukraine, The CEO of Gazprom has said that […]
The European Union’s executive arm plans to propose a mechanism to curb price volatility on the bloc’s biggest gas marketplace and prevent extreme price spikes in derivatives trading to rein in the region’s energy crisis. […]
October 12, 2022 Data source: U.S. Energy Information Administration, Natural Gas Annual 2021 Note: Small volumes of supplemental gaseous supplies not shown. Federal GOM=Federal Offshore Gulf of Mexico. U.S. dry natural gas production set an […]
Sweden has refused to join a joint international investigation into the recent attack on the Russian-owned Nord Stream 1 and 2 pipelines, citing national security concerns. According to Mats Ljungqvist, the Swedish prosecutor involved in […]
BRUSSELS, Oct 12 (Reuters) – The question of how, when and whether to cap gas prices is set to dominate another meeting of European Union countries on Wednesday, as they pursue a joint plan to target high […]
Bulgaria has had a summer of extreme weather, with floods in the central part of the country forcing hundreds to evacuate and causing massive damage to infrastructure, while coastal provinces declared a state of emergency due […]
People in England, Scotland and Wales could be in for three hour power cuts this winter if it can’t import enough gas and electric imports from other parts of Europe, the British National Grid has warned. The […]
PRAGUE (AP) — European Union leaders struggled Friday to bridge significant differences over a natural gas price cap as winter approaches and Russia’s war in Ukraine fuels a major energy crisis, driving up prices for consumers and […]
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