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Israel-Hamas Conflict May Destabilize LNG Supply To Europe

Israel-Hamas Conflict May Destabilize LNG Supply To Europe

Escalating instability in the Middle…

Energy / Natural Gas

Europe’s Largest Economy May Face Wild Gas Price Volatility This Winter

Oct 11, 2023 at 12:57 | Tsvetana Paraskova

LNG demand in Asia and Europe is beginning to rise ahead of the peak winter season amid a calmer market compared to last year’s chaos and record-high prices. But neither…

NATO Chief Warns Of Potential 'Response' To Sabotage Of Finland Pipeline

Oct 11, 2023 at 09:57 | ZeroHedge

Finland and other Baltic countries are on high alert as a natural gas undersea pipeline leak was detected on Sunday from Finland to Estonia. EU officials already suspect the leak…

Suspected Sabotage In Probe Into Baltic Natural Gas Pipeline Leak

Oct 10, 2023 at 09:52 | Charles Kennedy

Ongoing investigations into a leak that halted natural gas supply between Finland and Estonia this weekend proceed with the assumption that it could have been sabotage, sources with knowledge of…

Azerbaijan, Turkey Start Construction Of Gas Pipeline To Nakchivan

Oct 09, 2023 at 13:08 | Eurasianet

Azerbaijan and Turkey have broken ground on the construction of the long-planned gas pipeline linking Turkey's gas grid to the Azerbaijani exclave of Nakhchivan. Construction was formally launched…

EU’s Full Gas Storage Doesn’t Eliminate Supply Risks

Oct 09, 2023 at 09:14 | Irina Slav

The European Union has accumulated record amounts of natural gas in its storage facilities and has done so ahead of its own schedule. The news about the…

Commodity Titans Look To Capitalize On Europe’s Gas Price Rollercoaster

Oct 05, 2023 at 12:43 | Irina Slav

Last year, during the gas crunch in Europe, commodity traders made billions on the heightened price volatility that ruled for most of the year. Trafigura made…

Middle East Gas Giants Look To Capitalize On Booming Demand

Oct 04, 2023 at 09:03 | Rystad Energy

Global gas demand is projected to rise in the next decade, thus influencing a 12.5% surge in production between 2023 and 2030. However, Rystad Energy forecasts that even…

U.S. Natural Gas Prices Slip From Seven-Week High

Sep 29, 2023 at 09:19 | Tsvetana Paraskova

After finishing at a seven-week high on Thursday, the benchmark U.S. natural gas prices fell by 2% early on Friday, amid expectations of above-normal temperatures in early October…

Aramco Looks To Expand Position In LNG With New Deal

Sep 28, 2023 at 09:49 | Cyril Widdershoven

Saudi Aramco, the world's foremost national oil and gas company, has boosted its investment activity with the announcement of the acquisition of a minority stake in U.S.-based MidOcean Energy, owned…

European Demand Dilemma Delays Azerbaijan Gas Export Boost

Sep 28, 2023 at 08:31 | Eurasianet

Plans agreed last year by Azerbaijan and the European Union for Baku to double the volume of gas it sends to Europe to 20 billion cubic metres a…

Winter Gas Price Rally Unlikely Despite Recent Volatility

Sep 25, 2023 at 15:53 | City A.M

Gas prices are still expected to stabilise heading into winter despite a recent rise in spot prices on European benchmarks, energy experts have said. The UK…

Gas Production From Giant Groningen Field To Halt Completely On October 1

Sep 22, 2023 at 09:54 | Julianne Geiger

The giant Groningen gas field will close completely on October 1, 2023, the Council of Ministers meeting determined on Friday, sealing the fate of the field for good after a…

Egypt Eyes Energy Revival With Zohr Gas Field Expansion

Sep 22, 2023 at 08:24 | Felicity Bradstock

After uncertainty earlier in the year, as Egypt came to rely heavily on Israel for its gas imports, the North African state finally seems to be getting its oil and…

Venezuela Is Not A Solution To Colombia’s Natural Gas Crisis

Sep 20, 2023 at 09:15 | Matthew Smith

After entering office on August 7th, 2023, Colombia’s leftist President, Gustavo Petr, implemented his plan to cease issuing new hydrocarbon exploration contracts and ban the controversial…

Pipelines Are Limiting U.S. Natural Gas Production

Sep 18, 2023 at 15:24 | Alex Kimani

In its latest biennial assessment delivered last week, the Potential Gas Committee (PGC) reported that U.S. natural gas supply has hit a record 3,978 trillion cubic feet, good…

Turkmenistan’s Natural Gas Boom Sparks European Interest

Sep 18, 2023 at 08:46 | Eurasianet

Turkmenistan's huge gas reserves have been generating considerable interest from potential importers following Ashgabat's announcement in late July that it is open to…

Turkey And Russia Restart Talks On Gas Hub

Sep 15, 2023 at 09:29 | Charles Kennedy

Turkey and Russia have re-launched discussions to set up a regional hub for natural gas trading, but current disagreements about trading platforms and who should be in charge could delay…

Gas Markets Stabilize As Freeport LNG Roars Back To Full Power

Sep 15, 2023 at 08:39 | Julianne Geiger

Freeport LNG—the second largest liquefaction facility in the United States—is said to have returned to nearly full power on Friday after experiencing disruptions for the last week.  The last week…

The 5 South American Countries With The Largest Natural Gas Reserves

Sep 14, 2023 at 08:15 | Matthew Smith

South America is fast emerging, once again, as one of the world’s hottest drilling locations, with the continent believed to contain considerable volumes of commercially extractable natural gas. While offshore…

Energy Commissioner Calls On The EU To Phase Out Russian LNG Imports

Sep 14, 2023 at 06:39 | Tsvetana Paraskova

The European Union should phase out imports of LNG from Russia instead of buying more of Moscow’s super-chilled fuel, EU Energy Commissioner Kadri Simson said…

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