According to present trends, the European Union is on course to meet or exceed gas storage reserve levels in preparation for the winter. However analysts are warning, meeting gas storage objectives will not be enough […]
Record global gas prices, now trading as high as $100/MMBtu in onshore European markets, are putting pressure on US LNG export terminals to step up production, pushing feedgas demand this week to its highest since […]
Alarming new data shows that millions of American households have overdue utility bills, sparking concern that large-scale power shutoffs could be coming for residential customers. According to the National Energy Assistance Directors Association, over 20 […]
They say the plant, near the border with Finland, is burning an estimated $10m (£8.4m) worth of gas every day. Experts say the gas would previously have been exported to Germany. Germany’s ambassador to the […]
U.S. Henry Hub prices have climbed to a record high, Rystad Energy analyst Lu Ming Pang highlighted in a market note sent to Rigzone on Wednesday. The commodity almost hit the $10 per MMbtu mark […]
Freeport LNG has delayed its target for partial restart by about a month as it works to complete repairs following a June explosion and fire that shut down the Texas liquefaction facility, the company said […]
Gazprom’s recently announced unplanned three-day shutdown of the Nord Stream gas pipeline next week sent European natural gas prices to new highs as supply concerns returned in full. The new Russian gas curtailment to Germany […]
QatarEnergy said its newly formed QatarEnergy Renewable Solutions awarded an engineering, procurement and construction contract to Samsung C&T to build two solar PV plants with capacity to generate 875 MW of electricity, which will be […]
Natural gas prices around the world are skyrocketing, but prices in Europe make up the lion’s share. These currently match those of oil if it were sold for $ 410 a barrel. Four times the […]
The water level at a key German chokepoint on the Rhine River is forecast to surge early next week, making it significantly easier for barges carrying vital cargoes to traverse the waterway. The marker at […]
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