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HomeNatural Gas

Natural Gas

Four Buyers In Europe Have Paid In Rubles For Russia’s Gas
Energy Transition

Big-Oil Was Right About Natural Gas Being A Bridge To Renewables.

July 21, 2022 Stu Turley

Today’s news includes the threat that Russia will continue the recent cuts in gas supplies that Gazprom, the state gas company, has imposed. Moscow may not fully reconnect the Nord Stream 1 pipeline that carries gas under […]

NYMEX
Natural Gas

NYMEX gas futures see short-lived spike following bullish storage report

July 21, 2022 Mariel Alumit

NYMEX front-month natural gas futures have seen some significant upside action in recent days, with prices climbing back above $8.00/MMBtu — highs that haven’t been seen since about mid-June. After hitting an intraday high of […]

ECB
Geopolitical

ECB hikes faster than flagged in race to tame inflation

July 21, 2022 Mariel Alumit

FRANKFURT, July 21 (Reuters) – The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even while the euro zone economy reels from the […]

Russian
Geopolitical

Russian gas flows to Germany again, Moscow eyes giant Ukrainian power plant

July 21, 2022 Mariel Alumit

LONDON/KYIV, July 21 (Reuters) – Russian gas began flowing to Europe via a major pipeline on Thursday after a 10-day pause but fears of broader supply cuts remained and Russian forces in Ukraine were seen […]

The gas receiving compressor station of the Nord Stream 1 in Lubmin Germany - Bloomberg
Geopolitical

European Commission Doesn’t Expect Russia to Restart Nord Stream

July 19, 2022 Stu Turley

The European Commission doesn’t expect Russia to restart a key natural gas pipeline this week, a senior official said, the clearest indication yet that the bloc is bracing for the worst. “We don’t expect that […]

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 […]

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