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The Latest Breaking News from Natural Gas

French President Macron to Travel to Algeria on Aug. 25

French President Emmanuel Macron is planning to travel to Algeria next week, the Elysee palace announced on Saturday, saying that the official visit will take place from Aug.25-27. Macron accepted an invitation by Algerian President Abdelmadjid Tebboune, his office said. It will be Macron's second official visit to the North…

Asharq Al-Awsat

Russia's Gazprom to shut gas pipeline to Europe for 3 days

Russia’s state-owned energy company Gazprom says a key pipeline conveying natural gas to Europe will shut down for three days at the end of this month to undergo “routine maintenance.”

The Independent UK

Russia-owned energy firm Gazprom to shut gas pipeline to Europe for three days

The firm said the closure of the pipeline was being carried out for "routine maintenance". It comes at a time when gas prices across Europe are surging.

Wales Online

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Recipe for a reliable Texas grid: A gas plant plus 22,000 batteries and backup fuel

GRANBURY, Texas — This is what modern reliability looks like on the Texas grid.

Tribune News Service

Germany lowers natural gas tax to ease burden on consumers

German Chancellor Olaf Scholz says the government will temporarily lower taxes on natural gas to ease the financial pressure on people struggling with soaring energy costs

The Independent UK

Too much of a good thing for Texas? Uncle Sam’s pumping up wind, solar and batteries

Texas may be a fossil-fuel capital, but wind and solar power have been dominating the growth in electricity generation, and storage batteries are coming on fast.

Tribune News Service

Our politicians are ducking the hard truths of this energy crisis

Whatever you think of the various proposals to deal with the energy crisis, one fact stands out beyond all others. As a nation, we are worse off. Natural gas prices are eight times higher than they were at the beginning of 2021. Much of the increase occurred before Vladimir Putin…

Evening Standard

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In a Belated Outburst of Rationality, Germany Decides To Keep Three Nuclear Plants Open

Leaving the country dependent on Russian natural gas was not too smart.

Reason

Total methane emissions have declined since 1991, but methane emissions from livestock are up

The Inflation Reduction Act aims to reduce emissions from agriculture and natural gas systems , the top two sources of methane emissions

USAFacts

BGRIM posts B14.67bn earnings in Q2

SET-listed B.Grimm Power Plc (BGRIM) recorded revenue of 14.6 billion baht in the second quarter of 2022 from higher electricity tariffs, increased sale volumes and contributions from renewals in Laos and Thailand.

Bangkok Post

Norway hits export record amid soaring gas prices

Norway’s exports have reached a record in July that is driven mainly by higher natural gas prices

The Independent UK

Germans face higher bills as tax aids natural gas importers

Germans are facing a new tax on natural gas use that could cost the average household several hundred euros a year and is aimed at rescuing importers slammed by Russian cutbacks tied to the war in Ukraine

The Independent UK

Germany urged to cap heat in offices this winter to save gas

Germany’s economy minister says German businesses and public institutions should heat their offices no higher than 19 degrees Celsius (66.2 degrees Fahrenheit) this winter to help reduce the country’s consumption of natural gas

The Independent UK

Dow Jones Futures Signal Modest Market Bounce; China Stocks Sink On This Move

Futures rose modestly Friday after the indexes faded Thursday. Chinese stocks fell as several state-owned companies said they'll delist.

Investors Business Daily

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Asharq Al-Awsat

Egypt to Ration Electricity to Boost Gas Exports

Egypt's cabinet has approved a plan to ration electricity to save natural gas that it will instead divert to the export market to generate foreign currency, it said on Thursday. Egypt has suffered from an acute foreign currency shortage since Russia's February invasion of Ukraine, which pushed up global commodity…

The Hindu

Andhra Pradesh: AG&P Pratham will supply natural gas to Kadapa by September, says official

‘Company will invest ₹200 crore in five years to develop gas distrbution infrastrucure’

The Hindu

More CNG stations coming up

CHENNAI The number of vehicles opting for compressed natural gas (CNG) is increasing gradually, say

The Hindu

Homes in Chennai all set to get piped natural gas connections

Sources in gas companies say the response from the consumers has been encouraging in places where the piped natual gas supply connections have been provided in Tamil Nadu

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The Hindu

Oil Ministry to divert gas from industries after CNG, piped gas prices jump 70% in a year

Use of domestic gas instead of imported fuel will bring down the cost of raw material and ease CNG and PNG rates, officials said.

Investors Business Daily

Range Resources, IBD Stock Of The Day, Flashes Buy Signal As Natural Gas Prices Rise

IBD Stock Of The Day: Range Resources flashed an early entry, rebounding from its 50-day line and breaking a downtrend as natural gas prices rise.

Asharq Al-Awsat

Ukraine Halted Oil Flows to Europe over Payment Issue, Russia’s Transneft Says

Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said on Tuesday. International benchmark Brent crude jumped by $2 per barrel to trade near $98 as the news…

Investors Business Daily

LNG Stock Golar Rallies After Q2 Earnings

Golar LNG rose Tuesday as the liquefied natural gas transporter is set to announce quarterly results later this week.

Al Jazeera

Turkey resumes gas exploration in the eastern Mediterranean

A Turkish ship sets off to drill for gas in the eastern Mediterranean – a move that risks inflaming regional tensions.

Investors Business Daily

Stock Market Loses Ground For Second Day; Micron Warns; Coinbase Set To Report

Stock market indexes traded lower in the first hour of Tuesday's session, with chips and big tech taking the brunt of selling pressure. Energy stocks, led by natural gas plays, rose after Russian oil flows through central Europe were halted. The Dow Jones Industrial Average is trading lower by 0.2%…

Investors Business Daily

Warren Buffett Continues To Add OXY Stock, But Is It A Buy Or A Sell Right Now?

Warren Buffett owns nearly 20% of Occidental Petroleum after a July buying spree. But is it a good investment?

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