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The Latest Breaking News from Natural Gas

Finland gets floating LNG terminal to replace Russian gas

Finland’s first floating liquefied natural gas terminal has been moored at the southern port of Inkoo where it will supply the Nordic country, which was cut off from Russian gas imports earlier this year amid the war in Ukraine

The Independent UK

Climate activists are fuming as Germany turns to coal to replace Russian gas

Germany is firing up coal plants and importing liquefied natural gas to shore up energy supplies. Activists are carrying out increasingly disruptive protests, gluing themselves to roads and runways.

WEKU

Texas grid holds amid record demand

As freezing temperatures enveloped Texas, demand for electricity Friday morning shattered peak expectations

Salon

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Oil passes natural gas as main fuel for power plants in New England

Oil took over from natural gas as the leading fuel for power plants in New England, a significant switch that signals how the grid is desperately trying to keep the lights on in the face of a winter massive storm.

Tribune News Service

Japan firms to stop insuring ships in all Russian waters -Nikkei

Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the war in Ukraine, potentially affecting Japan's energy imports such as liquefied natural gas (LNG), the Nikkei newspaper said on Saturday.

Reuters

Natural Gas Prices Advance On Frigid Temps; Gas Stocks Mixed With Freeport LNG Delay

U.S. natural gas prices advance Friday while LNG stocks and natural gas stocks were mixed.

Investors Business Daily

Turkey accuses Cyprus of increasing tension in east Med over gas exploration

Turkey on Friday accused Cyprus of increasing tension in the Eastern Mediterranean after a consortium of Italian and French energy companies found more natural gas off the island earlier this week.

Reuters

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SKE expects 2023 revenue to near B1bn

SET-listed Sakol Energy (SKE), a compressed natural gas trader and biomass power plant operator, expects revenue to soar to almost 1 billion baht next year, driven by demand for refuse-derived fuel to support carbon dioxide emission reduction.

Bangkok Post

Senex Energy says its gas expansion has been put on hold after energy cap announcement

Senex Energy's $1 billion Surat Basin gas expansion has been put on hold as the government consults on energy cap laws.

ABC News

Climate change made 2022 more expensive

From grocery bills to insurance premiums, warming temperatures hit Americans' wallets hard this year

Salon

Explosion tears through Russian gas pipeline during repairs

Officials say an explosion during repairs on a section of Europe-bound natural gas pipeline in western Russia has killed three people but hasn't affected export supplies

The Independent UK

Facing an energy crisis, Germans stock up on candles

Germans are on a mission to transform their energy economy and reduce their consumption, including by — apparently — using lots of candles.

WEKU

Which European nations are handling the energy crisis best?

France, Spain, Germany, Italy and Greece are doing some things right, but face challenging times ahead, say experts.

Al Jazeera

EU agrees to cap gas prices, angering Russia

After months of negotiations, European Union energy ministers have agreed to a price cap for natural gas at 180 euros per megawatt hour. The issue has split the bloc, and the agreement drew an immediate warning from Russia, which has cut off most of its gas deliveries to Europe.

Radio France Internationale

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The Independent UK

Cyprus: Plant to process Israeli gas for export an option

Cyprus’ energy minister says a pipeline conveying Israeli natural gas to the island nation where it would be liquefied for export by ship is an option the government is weighing on how to get east Mediterranean gas to Europe and elsewhere amid the energy crisis prompted by Russia’s war in…

The Independent UK

EU ministers trying, again, for compromise on gas price cap

European Union ministers are trying again to finalize a long-awaited deal to implement a natural gas price cap that they hope can help households and businesses better weather excessive price surges

WEKU

EU leaders have agreed on a new plan to source power that isn't from Russia

European leaders have finalized an agreement for an undersea electricity connector that could become a new power source for the EU amid a crunch on energy supplies caused by the war in Ukraine.

Tribune News Service

Germany pushes back on Russia with opening of gas terminal

Germany opened its first state-chartered liquefied natural gas vessel as Europe’s largest economy races to replace Russian gas amid an energy crunch and freezing temperatures.

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The Independent UK

Scholz inaugurates 1st liquefied gas terminal in Germany

Chancellor Olaf Scholz has inaugurated Germany’s first liquefied natural gas terminal, declaring that the speed with which it was put into service is a signal that Europe’s biggest economy will remain strong

The Independent UK

Deal reached for new non-Russian power source for Europe

The leaders of Hungary, Romania, Georgia and Azerbaijan have finalized an agreement on an undersea electricity connector that could become a new power source for the European Union amid a crunch on energy supplies caused by the war in Ukraine

Dynamite News

Indraprastha Gas Raises CNG Prices Across India Including Delhi-NCR

Indraprastha Gas Ltd (IGL) on Saturday increased the prices of Compressed Natural Gas (CNG) across the country. Read on for details:

WEKU

LG&E asks regulators to build two new gas power plants

The Texas Tribune

GOP lawmakers accuse investment firms of breaking a law that prohibits divesting from oil and gas

At a senate committee hearing in Marshall, Texas Republican lawmakers accused investment firms of pulling back on fossil fuels, running afoul of a 2021 law that prohibits the state from contracting with or investing in companies that “boycott” oil, natural gas and coal companies.

Chicago Sun-Times

ComEd’s $40M plan to rid homes of natural gas, City Council’s new ordinances and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

The Independent UK

Latest floating LNG terminal arrives at German port

A ship that will serve as one of Germany’s floating terminals for liquefied natural gas imports has arrived at the German port of Wilhelmshaven

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