Natural gas

Natural Gas

‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says

The average U.K. household faces paying a £2,500 ($2,900) annual bill for the next two years, up from £1,400 in October 2021.

Natural Gas

German Govt Postpones Decision on Gas Price Brake

The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday, said a government spokesperson.

Natural Gas

Canada's Ontario to Extend Gas, Fuel Tax Cut for a Year

The Ontario government said on Sunday it will extend a fuel and gas tax cut first introduced last spring by another year to help residents cope with high inflat…

Natural Gas

COP27: Israel Says Big Boost in Gas Supply to Europe Will Take Years

Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country's energy ministry said on Friday.

Crude Oil

UK Considering Big Increase in Energy Windfall Tax, Sources Say

British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries…

Natural Gas

Persistent EU Rifts Seen Delaying Any Approval of Gas Price Cap

Belgium, Greece, Italy and Poland on Friday threatened to block a new set of European Union steps to alleviate an acute energy crunch.

Coal-Fired Power Plants

US Coal-Fired Power Retirements to Slow From 2023 – Report

Competition from natural gas and renewable resources will likely lead to the retirement of 23% of the 200,568MW of coal-fired capacity currently operating in th…

Natural Gas

Russia to Pursue Gas Deals With Turkey at G20

Russia is set to announce its plans for gas deals with Turkey at the G20 meeting in Indonesia next week, Russia’s foreign ministry said on Thursday.

Hydrogen Project

Uniper Partners With NewMed Energy on LNG and Hydrogen to Minimise Energy Crisis

German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long t…

Natural Gas

Natural Gas Prices Slide as Bearish News Continues to Mount

The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.

Natural Gas

Eni Can Double Italian Gas Production in 30-36 Months, CEO Says

In the next two and a half to three years Eni could almost double its gas production in Italy, the energy group's CEO said on Wednesday.

Hydrogen Technology

Shell and GE Gas Power Pursue LNG Decarbonisation Path Using Hydrogen

GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied n…

LNG

Canadian LNG Exports to Asia Could Cut Emissions by the Equivalent of Removing All Vehicles From Canadian Roads, New Study Shows

Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads.

Oil Price

Euro Could Stay Below Dollar for as Long as Natural Gas Prices Remain High

The euro is on course to stay below parity with the US dollar for some time if gas prices do not fall markedly.

Hydrogen Project

Google Calls for More Restrictive ‘Green’ Hydrogen Rules

US technology giant Google, leading a group of several companies including Spanish utility Iberdrola and the Dutch natural gas firm Eneco, has urged the Europea…