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The Latest Breaking News from Natural Gas

Cheshire villagers will not be forced to join hydrogen energy trial

Backlash prompts companies to give residents option of keeping natural gas rather than joining pilot project

The Guardian - UK

Algeria, France Postpone Negotiations Over Gas

Algerian Minister of Energy and Mines Mohamed Arkab has met with the CEO of the French energy group (Engie), Catherine MacGregor, who visited Algiers on Tuesday and Wednesday. The meeting addressed the current state of the international natural gas market and commercial opportunities and prospects for investment in exporting electricity…

Asharq Al-Awsat

Blast hit a natural gas pipeline in northern Siberia -Tass agency

An explosion hit a natural gas pipeline near a village in northern Siberia late on Wednesday but there were no casualties, Tass news agency cited a local official as saying.

Reuters

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Nat-Gas Prices Fall on Warm U.S. Temps

April Nymex natural gas (NGJ23 ) on Wednesday closed down -0.039 (-1.92%). Apr nat-gas prices Wednesday tumbled to a 2-1/2 year nearest-futures low as a warming U.S. temperature outlook signals weaker heating demand for nat-gas. Forecaster Atmospheric G2 said above-normal temperatures are seen blanketing the central and eastern U.S. from...

Barchart

Investigators examine pipeline in chocolate factory blast

Federal safety investigators are looking at a natural gas pipeline for fractures and other damage as they gather evidence on the cause of a deadly explosion at a Pennsylvania chocolate factory

The Independent UK

Crude Oil Erases Early Gains on Signs of a Slowing U.S. Economy

May WTI crude oil (CLK23 ) this morning is down -0.11 (-0.15%), and May RBOB gasoline (RBJ23 ) is down -4.034 (-1.50%). April Nymex natural gas (NGJ23 ) is down -0.020 (-0.99%). Crude oil and gasoline prices this morning fell back from 2-week highs and turned lower on concerns of...

Barchart

Why are U.S. Natural Gas Futures So Low?

Natural gas futures fell from a fourteen-year high at over $10 per MMBtu in August 2022 to below $2 in February 2023. The over 80% decline occurred during what is typically the peak demand season in the fall and winter. Meanwhile, 2022/2023 has been anything but an ordinary year.

Barchart

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Commentary: There are consequences to pursuing a war crimes case against Vladimir Putin

The International Criminal Court’s March 17 decision to issue war crimes charges against Russian President Vladimir Putin was shocking in more ways than one. This was the first time in 12 years a head of state has been charged by the international court; in 2011, Libya’s Moammar Gadhafi was indicted…

Chicago Tribune

Japan Feels the Pinch As Fertilizer Costs Soar Thanks to Russia’s War

Russia’s war in Ukraine disrupted the flow of resources like natural gas, on which the production of chemical fertilizers relies heavily.

The News Lens

Probe of chocolate factory blast focuses on gas pipeline

Federal safety officials are investigating the role of a natural gas pipeline in a fatal blast at a Pennsylvania chocolate factory

The Independent UK

Nat-Gas Prices Slide on Above-Normal U.S. Temps

April Nymex natural gas (NGJ23 ) on Tuesday closed down -0.058 (-2.78%). Apr nat-gas this morning extended Monday's losses to a new 5-week low. The main bearish factor is the outlook for mild U.S. weather that would reduce heating demand for nat-gas. The Commodity Weather Group said that above-normal temperatures...

Barchart

Crude Oil Gains as Iraq Dispute Curbs Crude Exports

May WTI crude oil (CLK23 ) this morning is up +0.71 (+0.98%), and May RBOB gasoline (RBJ23 ) is up +2.60 (+0.98%). April Nymex natural gas (NGJ23 ) is down -0.006 (-0.29%). Crude oil and gasoline prices this morning extended Monday's sharp rally to 2-week highs. Dollar weakness today is...

Barchart

Brickbat: This Burns Me Up

California's Bay Area Air Quality Management District has voted to phase out the sale of new natural gas furnaces and water heaters in the nine-county Bay Area. The new rules will ban the sale of residential natural gas water heaters after 2027 and large commercial natural gas water heaters after…

Reason

UN Security Council won't probe Nord Stream blasts

The U.N. Security Council has declined a Russian request to investigate the blasts on the pipelines that move natural gas from Russia to Europe under the Baltic Sea

The Independent UK

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Barchart

Nat-Gas Prices Plunge on Ample Inventories and Robust Output

April Nymex natural gas (NGJ23 ) on Monday closed down -0.146 (-6.18%). Apr nat-gas Monday tumbled to a 5-week low and closed sharply lower on ample U.S. nat-gas inventories and ramped-up production. U.S. nat-gas inventories are +22.7% above their 5-year average as of March 17, and BNEF data showed lower-48...

Tribune News Service

House GOP’s energy bill hitting the floor amid market volatility

WASHINGTON — House Republicans are pitching legislation queued up for a floor vote this week as a salve to high gasoline and electric costs, though it remains hazy how quickly and aggressively the measure would lower prices.

Barchart

Crude Gains Sees Support from Easing Bank Turmoil

May WTI crude oil (CLK23 ) this morning is up +1.60 (+2.31%), and May RBOB gasoline (RBJ23 ) is up +3.88 (+1.52%). April Nymex natural gas (NGJ23 ) is down -0.115 (-5.19%). Crude oil and gasoline prices this morning are moderately higher. A weaker dollar this morning is bullish for...

Tribune News Service

Renewable energy saves money, creates jobs and cuts emissions. Why is Texas targeting it?

Texas easily leads the nation in oil and gas production, and the Lone Star State is also a top player in renewable energy.

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StockNews.com

3 Skyrocketing Energy Stocks to Buy, 2 to Sell

Despite rising recessionary fears, strong global energy demand and constrained supplies should drive the energy sector’s growth this year. Hence, fundamentally sound energy stocks Marathon Petroleum (MPC), PrimeEnergy Resources (PNRG), and Epsilon Energy (EPSN) could be ideal investments. On the contrary, avoiding struggling energy stocks Camber Energy (CEI) and NextDecade…

Roll Call

House GOP’s energy bill hitting the floor amid market volatility - Roll Call

House Republicans are pitching a bill this this week as a way to reduce energy costs, but it’s unclear how quickly it might lower prices.

Wales Online

Lords to vote on allowing engineers to forcibly swap people to hydrogen boilers

The law would allow engineers to enter a house and remove a natural gas boiler to be replaced with a hydrogen boiler

The Independent UK

ConocoPhillips details gas leak cause, remedies at hearing

ConocoPhillips has detailed reasons and remedies following a natural gas leak last year on the North Slope that caused 300 employees to be evacuated

Barchart

Nat-Gas Prices Find Support on Colder U.S. Temps

April Nymex natural gas (NGJ23 ) on Friday closed up +0.062 (+2.88%). Apr nat-gas Friday posted moderate gains on expectations for colder U.S temperatures to boost heating demand for nat-gas. Forecaster Atmospheric G2 said that below-normal temperatures are expected across the northern, central, and western U.S. from March 29-April 2....

France 24

Powering Europe's energy transition: EU bets on 'clean' hydrogen

Hydrogen accounts for less than two percent of the EU's energy production. It’s been used in various industries for some time, but those processes have relied on natural gas, leading to CO2 emissions. The EU's ambition is to turn hydrogen from a polluting niche market to a clean mass market.…

Barchart

Economic Concerns Undercut Crude Prices

May WTI crude oil (CLK23 ) this morning is down -1.58 (-2.26%), and May RBOB gasoline (RBJ23 ) is down -3.32 (-1.29%). April Nymex natural gas (NGJ23 ) is up +0.046 (+2.14%). Crude oil and gasoline prices this morning are sharply lower due to ongoing concerns that the banking turmoil...

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