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Natural Gas

Oil & Gas
German Gas Commission Wants One-off Payment Now, Price Break Next Year
Germany's expert commission charged with drawing up plans to ease the impact of soaring gas prices on consumers favors a one-off payment this year and a price b
Oil & Gas
Putin Orders Seizure of Exxon-led Sakhalin 1 Oil and Gas Project
Russian President Vladimir Putin signed a decree on Friday that establishes a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia
Oil & Gas
Shell Warns Weak Earnings From Gas Trading Could Impact Profits
Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading.
Climate Change
PepsiCo to Make Cheetos and Lay's Chips Using Dutch Green Electricity
PepsiCo on Friday announced plans to phase out use of natural gas at a factory in the Netherlands and adopt a system based on renewable electricity.
Oil & Gas
Ørsted Ordered to Restart Oil- and Coal-Fired Power Plants amid Supply Crunch
Danish authorities have ordered Ørsted to continue and resume operations of three of its oil- and coal-fired power station units in order to ensure security of
Oil & Gas
Natural Gas Markets to Remain Tight in 2023 as Russia Cuts Supply, IEA Says
Global gas consumption will decline by nearly 1% in 2022
Energy Economy
UK Energy Bills Rise to Record High as Fuel Poverty Fears Grow
Gas prices will go from 7p to 10p per kilowatt hour under new guarantee
Energy Economy
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe
Oil & Gas
Fourth Gas Leak at Nord Stream Found
Authority supervising the Swedish coastline has confirmed its findings while the US reaffirmed its support to its European allies
Energy Economy
German Economic Institutes See 2023 Contraction as Gas Crisis Hits
Four leading German economic institutes have almost halved their spring economic growth forecast for Europe's largest economy this year and slashed their 2023 p
Oil & Gas
OPEC+ Has Begun Talks on Output Cut at Oct. 5 Meeting
Leading OPEC+ members have begun discussions about an oil output cut at the group's next meeting on Oct. 5, three sources told Reuters.
Oil & Gas
German Gas Price Brake to Cost Between 15 Bln and 24 Bln Euros
A brake on gas prices currently being discussed by the German government could cost between 15 billion and 24 billion euros, depending on market price developme
Oil & Gas
If the World Needs Gas, We’ll Provide, UAE Says
The country is still looking to boost renewables but will supply fossil fuels when asked.
Oil & Gas
Saudi’s ACWA Power, Senegal to Develop Desalination Facility, Natural Gas Plant
The project will be located in Sub-Saharan Africa.
Oil & Gas
How Germany’s Industrial Giants Are Preparing for Winter
Germany has managed to fill its gas reserves to 91.32% of capacity, allaying fears it could run out this winter after Russian gas flows fell sharply - but it ha

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