Top Stories

Latest News

Here's why our lone energy stock is falling despite a surge in natural gas prices

1732576619 from ENERGY

… earnings Tuesday morning. Energy trails : The energy sector was the biggest … From a geopolitical standpoint, oil fell about 2% on reporting … means lower prices. Natural gas is a different story … Day, outperforming the broader energy sector. Up next: After …

Egypt Reviewing LNG Import Needs as Domestic Power Demand Dips

1732436017 from BLOOMBERG

Egypt, which recently diverted a number of incoming liquefied natural gas shipments, is reviewing its energy import needs amid a fall in domestic power demand and a drive to trim spending.

Uzbekistan sees decline in gas and oil production amid rising exports and imports.

1732367240 from C ASIA

… first ten months of 2024, Uzbekistan's natural gas … . From January to October, Uzbekistan produced 38.95 billion cubic … from the previous year. Uzbekistan’s gas production has been … trajectory, with the "Uzbekistan 2030" strategy setting an …

Uzbekistan increased gas exports to China by 25% in 2024.

1732367228 from C ASIA

… the regional gas market, with Turkmenistan leading exports to the country … 25% increase in Russian exports. Kazakhstan and Myanmar ranked third and … regional producers underline Uzbekistan's strategic role in Central Asia’s energy …

Türkiye expands energy production with historic gas, oil finds — Erdogan

1732293776 from ENERGY

Thanks to the balanced ties it established with both parties to the conflict, Türkiye is one of the countries that has best navigated the difficult period of the ongoing war, said Erdogan. Türkiye has established one of the world’s most advanced …

Louisiana Public Service Commission Approves Sale of CenterPoint Energy’s Louisiana Natural Gas Systems To Delta Utilities

1732291235 from ENERGY

… of CenterPoint Energy’s two natural gas utility assets … approval authorizes CenterPoint Energy’s regulated natural gas utilities, which … a reliable and affordable energy source is available to … Delta Utilities and CenterPoint Energy have also submitted a …

ExxonMobil and Qatar Energy to drill two new wells in Cyprus' offshore gas fields

1732285415 from ENERGY

… President Nikos Christodoulides, alongside Energy Minister George Papanastasiou. … , called the "Electra" drilling, and … around mid-2025. Energy Minister Papanastasiou explained … offshore gas resources, potentially opening up new energy opportunities …

Abu Dhabi’s Adnoc Is Said to Consider Selling Stake in Gas Unit

1732284974 from BLOOMBERG

The United Arab Emirates’ state energy company is weighing plans to sell a further stake in its gas business, according to people familiar with the matter.

GAZPROM DECLARES READINESS TO SUPPLY GAS TO BOTH BANKS OF THE NISTRU RIVER WITH DELIVERY TO THE RUSSIAN-UKRAINIAN BORDER

1732277329 from BANKING

… to supply gas for both banks of the Dniester with delivery …

Crude Oil, Gas Prices Up on Escalating Tensions With Russia

1732274971 from ENERGY

… challenges. Energy companies continued to face challenges due to weak oil prices … nations continued to pay their gas purchases from Russia via Gazprombank … US dollar, combined to rising energy prices, will likely ring the alarm …

Hungary Sees Gazprombank Sanctions as Threat to Energy Security

1732273484 from BLOOMBERG

Hungary said the US decision to sanction Gazprombank jeopardizes the energy security of some central European countries, elevating the risks of an early cutoff of Russian gas to the continent.

Pakistan and Turkmenistan discussed prospects for energy partnership

1732271552 from C ASIA

… on November 21, Turkmen Ambassador Atajan Movlamov and … the implementation of the Turkmenistan-Afghanistan-Pakistan-India ( … Turkmen side invited Pakistan's Oil Minister to visit Turkmenistan … the invitation and praised Turkmenistan's commitment …

Azerbaijan’s Socar in Talks to Sell Turkish Gas-Grid Business

1732271296 from BLOOMBERG

Azerbaijan’s state energy company Socar is in discussions to sell its natural gas distribution business in Turkey.

Hancock enters MinRes’ $850m gas plan

1732258800 from BIZNEWSAU

Hancock Prospecting will take over some of Mineral Resources' negotiations in the $850 million Locker gas project, following the $1.1 billion deal between the companies.

Gazprombank Sanction by US Puts Gas Flows to EU at Risk

1732257779 from BLOOMBERG

The US sanctioned Gazprombank, the last major Russian financial institution exempt from penalties, closing a loophole that Washington kept open over the course of the war in Ukraine because the lender is key for energy markets. European nations use Gazprombank to pay for the gas they still buy from Russia. The sanctions increase the risk of a cut-off of some of the remaining Russian natural gas flows to a handful of central European nations. Bloomberg’s Oliver Crook reports.

Fridley Welcomes End of East River Road Construction, CenterPoint Energy Completes Natural Gas Upgrades

1732255754 from ENERGY

… wrapped up. The natural gas line replacement project, part … a recent update from CenterPoint Energy, the road restoration is … fall as we made natural gas distribution system upgrades." … between the public and the energy company continues. Residents with …

Nigerians Are Switching Cars to Compressed Natural Gas After Petrol Prices Surge

1732251600 from BLOOMBERG

Long queues of cars are a common sight at petrol stations across Nigeria, but for some drivers turning to compressed natural gas, pumps are becoming a thing of the past.

Lights Dim at Giant Russian LNG Construction Facility as Energy Sanctions Bite

1732251600 from BLOOMBERG

Activity appears to have slumped at Russia’s only construction yard for liquefied natural gas modules, another sign of how Western sanctions are thwarting the country’s ambition to become a top player in this key energy market.

Asian LNG Jumps to Highest This Year as European Benchmarks Rise

1732248953 from BLOOMBERG

North Asia spot liquefied natural gas prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.

Duke Energy to start replacing natural gas lines in East Milford in early December

1732225829 from ENERGY

No description available

Energy shift towards a gas-focused future

1732220369 from ENERGY

… energy landscape is shifting as global gas demand rises, moving away from coal … Importantly, large-scale gas projects demand increased operator … insights into the gas reservoir conditions. Conventional … and affordability in gas production. As gas continues to …

Ministry of Energy reassures greenhouses on uninterrupted gas supply.

1732218700 from ENERGY

… the supply of natural gas to greenhouse farms, addressing … which ensures uninterrupted natural gas provision to greenhouse operations … payments for the natural gas supply. From October … ensuring reliable access to energy resources for agricultural production …

BP greenlights $7bn Indonesia gas project

1732215170 from FT

Project with partners shows energy groups maintaining focus on demand for the fuel

Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects

1732200988 from ENERGY

… businesses.  According to Ithaca Energy, the project continues to … CO2/boe by employing electrification. Related Article Posted: 27 … energy security or lower our bills because the oil and gas … that lawyers representing the oil and gas companies do not …

Hungarian MOL strengthens ties with KazMunayGas to boost Kazakh oil and gas cooperation

1732194999 from C ASIA

… of Kazakhstan to exploit joint opportunities in the Kazakh oil … companies’ successful cooperation in Kazakhstan dating back to 2004, … with our partners in Kazakhstan,” Chairman-CEO Zsolt Hernadi … a joint venture owned by Kazakhstan’s KazMunayGas (50pc), …

Kyrgyzstan’s gas exports to Uzbekistan surge fivefold in 2024.

1732193748 from C ASIA

… liquefied gas from Kyrgyzstan to Uzbekistan increased by 5 … year, according to Kyrgyzstan’s National Statistics Committee … Kyrgyzstan exported 654.9 tons of natural and liquefied gas to Uzbekistan … economic ties. Additionally, Kyrgyzstan exported 16.3 tons …

Energy Insider: Russian Gas to Power Shanghai by Year-End, Beijing Reins In Solar Industry

1732189628 from ENERGY

… energy and climate sector in China include significant advancements in gas, solar … China-Russia east-route pipeline, connecting China’s … In the realm of solar energy, the Chinese government has … global leader in offshore wind power. The sector, despite …

Energy Community Secretariat establishes 2025 gas storage filling targets for Ukraine and Serbia

1732188175 from ENERGY

The Energy Community Secretariat established 2025 gas storage filling targets with … currently the only Energy Community Contracting Parties with underground gas storage that … changing gas market,” said Artur Lorkowski, Director of the Energy Community …

Donald Trump’s gas war is about to begin

1732186377 from Economist

It could annoy some of his most loyal supporters

Natural gas proves to be more sensitive to geopolitical risks – ING

1732184385 from FXSTREET

Oil prices have been somewhat insulated by the growing tension between Russia and Ukraine.

BP gains entrance to new oil & gas exploration arena off Trinidad’s north coast

1732181474 from ENERGY

… subsidiary of the UK-based energy giant BP, has expanded its … area of exploration for the energy giant in Trinidad and Tobago … bpTT in exploring and developing oil and gas resources in the region … ’s southeast coast. The first gas is expected in 2025.

Algerian gas supplies form a key pillar of European energy security [Global Gas Perspectives]

1732181137 from ENERGY

… future ability to export natural gas. Slower domestic demand growth backed … offset the challenges of sustaining gas production at record levels. … to Italy and Spain by pipeline, and to the EU more … 25% from 2020, according to Energy Institute data. It dipped in …

Little-Known Turkish Firm Builds Gas Station Bet As Majors Quit

1732172285 from FPOST

A little-known Turkish holding company completed its second acquisition of a fuel retailer within months, extending a push by independent firms into a tightly regulated market that oil majors BP Plc and TotalEnergies SE have left.

Europe Is Gaslighting Itself About Its Energy Woes

1732165235 from BLOOMBERG

As gas prices rise, politicians are in denial about the challenges a cold winter may pose.

Europe’s Azerbaijan gas gambit is good news for Russia

1732161563 from ENERGY

… unabashedly promoted its natural gas resources and flaunted new … major EU energy partner,” said Aura Sabadus, a gas markets … but buying energy from Azerbaijan means buying energy from Russia,… of Energy revealed that the country had boosted natural gas …

LNG Energy Group Provides an Operational Update

1732153007 from FPOST

TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FWB: E26) (the “Company” or “LNG Energy Group”) today provided an operational update in respect of its Colombian operations. Gas Sales Agreements As previously announced on October 21, 2024, as a result of unexpected production restrictions at certain […]

Conrad Asia Energy identifies small-scale LNG as Aceh gas development option

1732150615 from ENERGY

… gas as a feasible commercialisation option for Conrad Asia Energy … unmanned installation and a 32km pipeline to shore.   Map … PSCs. Pic: Conrad Asia Energy   Feasible commercialisation option The … exploratory potential for additional gas is exciting, especially …

Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion

1732139580 from BLOOMBERG

Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, according to a bond document seen by Bloomberg.

European Gas Climbs Near Year’s High on Russia-Ukraine Tension

1732115551 from BLOOMBERG

European natural gas extended a rally to trade near the highest this year as geopolitical tensions escalated, with Ukraine’s forces firing British cruise missiles at military targets inside Russia for the first time.

TC Energy sees natural gas driving growth under potential Trump administration

1732115158 from ENERGY

… energy needs of these facilities. “The issue with wind and solar … projects, including two US coal-to-gas conversion projects and a … liquefied natural gas peaking project in southeast … expansion. Poirier reaffirmed TC Energy’s commitment to its $ …

Moldova’s energy minister invited to discuss gas supplies with Gazprom

1732113715 from ENERGY

… 20. /TASS/. Energy Minister of Moldova Victor Parlicov … an invitation to discuss gas supplies with representatives of … the Russian gas holding Gazprom. "I … Moldovan energy sector may face after termination of gas transit …

US natural gas market on cusp of another cycle of demand growth: Morgan Stanley

1732112737 from INVESTING

No description available

AXP Energy strikes natural gas deal with Blackhart to power modular crypto-data centers

1732110340 from ENERGY

… of stranded natural gas from its Pathfinder gas field, which currently … provide natural gas, power generation equipment, and electricity for the … data center operation across oil wellheads in Texas and … environment because otherwise, wasted energy is used.

Central Asia–China gas pipeline: over 500bn cubic meters delivered since 2009

1732110262 from C ASIA

… in December 2009, the "Central Asia–China" gas pipeline has … regions, including Hong Kong. Photo: Central Asia–China gas pipeline: over 500bn … Uzbekistan, southern Kazakhstan, and the Chinese border at Khorgos. The journey from Central Asia …

TC Energy boosts natural gas projects after Trump victory

1732109948 from ENERGY

No description available

Gas exports from Kyrgyzstan to Uzbekistan increases 5.3 times in 2024

1732109724 from C ASIA

…  natural and liquefied gas from Kyrgyzstan to Uzbekistan increased 5.3 times … ,000 were exported from the Kyrgyz Republic to the neighboring country … ,000 were shipped. In 2024, Kyrgyzstan also sent natural gas to …

‘Capitalism incarnate’: inside the secret world of McKinsey, the firm hooked on fossil fuels

1732107602 from GUARDIAN

Interviews and analysis of court documents show how the world’s most prestigious consulting firm quietly helps fuel the climate crisis Two giant, mirrored walls are set to rise out of the sands of the Arabian desert. They will run parallel for more than 100 miles from the coast of the Red Sea through arid valleys and craggy mountains. Between them, a futuristic city which has no need for cars or roads will be powered completely by renewable energy. This engineering marvel, its creators say, will usher in “a revolution in civilization”. It’s the jewel in the crown of a $500bn Saudi government project known as Neom, turning a vast scrubland into a techno-utopia and world-class tourist and sporting destination. Perhaps a harbinger for the end of oil, it will supposedly put the powerful petrostate at the forefront of the energy transition. For American consulting giant McKinsey & Company, its advising on this project appears to be making good on the firm’s green promises. Continue reading...

Azerbaijan blocks COP29.com in fossil fuel domain name war

1732106718 from FT

Kitchenware company near New Delhi sells name to campaigners attacking oil and gas groups

Over 500 billion cubic meters of gas delivered to China via Central Asia pipeline in 14 years.

1732105242 from C ASIA

… commissioning in 2009, the "Central Asia–China" gas pipeline has … the first entry point for Central Asian gas into China. Operating for … 84 hours, passing through central Uzbekistan, southern Kazakhstan, and the Chinese border …

Inside the 2024 World Energy Outlook [Gas Expert Insights]

1732102825 from ENERGY

… the “Age of Oil” to the “Age of Electricity,” we are … be.    Advertisement: The National Gas Company of Trinidad and Tobago … podcast by Center on Global Energy Policy at Columbia University. The … in the content published in Gas Expert Insights are solely …