The Latest Breaking News from Natural Gas

The weakening economy around the world will drive down demand for oil in the coming months, according to OPEC, while the U.S. government warns that households will pay more for heat this winter.

Europe will more rapidly reduce its reliance on natural gas as a result of the war in Ukraine, replacing Russian energy and boosting the continent's security of supply, Norway-based consultancy DNV predicted on Wednesday.

After a decade of negotiations, this week's agreement resolves questions of who gets to drill for natural gas in disputed waters off the Mediterranean coast. But its implementation isn't a sure thing.

The Cabinet on Wednesday approved the proposal of the ministry of petroleum and natural gas to give one-time grant of Rs22,000 crore to three state-run oil marketing companies (OMCs) for the losses incurred in domestic LPG business. Read further on Dynamite News:

The German government has slashed its growth forecast for this year and predicted that Europe’s biggest economy would shrink in 2023 as it deals with the fallout from Russia’s war in Ukraine, including Moscow cutting off natural gas supplies

Qatar has received an avalanche of bad publicity ahead of hosting the World Cup in November and December. The football extravaganza has prompted Western media and NGOs to decry the desert nation’s human rights record, notably concerning the treatment of migrant workers. But while this may dent Qatar’s soft power,…

European leaders are turning to Africa for more natural gas as they try to replace Russian energy amid the war in Ukraine

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as any sabotage of infrastructure or even deeper cuts to Russian supply would make power rationing or blackouts all but inevitable.

Austria says it has filed a legal complaint with the European Union’s top court over plans by the bloc’s executive branch to label natural gas and nuclear power generation as sustainable energies

Leading Oil & Gas company Energy Transfer (ET) delivered a strong performance in its last reported quarter and increased its fiscal 2022 full-year guidance. Moreover, continued energy demand, new strategic partnerships, and acquisitions are expected to boost the company’s prospects. Considering ET’s high dividend yield, this stock is getting much…

SET-listed Scan Inter (SCN), a compressed natural gas seller and clean power operator, expects to close two new asset acquisition deals, including a rooftop solar panel business, early next year.