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The Latest Breaking News from Natural Gas

Israel rejects Lebanese accusation about gas field, says conflict unlikely

Israel has denied a Lebanese allegation it is encroaching on a disputed Mediterranean natural gas field, playing down on Monday any prospect of conflict over the dispute.

Reuters

Lebanon Urges US Envoy to End Maritime Dispute with Israel

The Lebanese government invited on Monday a US envoy mediating between Lebanon and Israel over their disputed maritime border to return to Beirut as soon as possible to work out an agreement amid rising tensions along the border. The invitation for Amos Hochstein, a senior adviser for energy security at…

Asharq Al-Awsat

Lebanon Warns Against Any Israeli 'Aggression' in Disputed Waters

Lebanon warned Israel on Sunday against any "aggressive action" in disputed waters where both states hope to develop offshore energy, after a ship arrived off the coast to produce gas for Israel. President Michel Aoun said any activity in the disputed area would amount to an act of aggression and…

Asharq Al-Awsat

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‘We’re in trouble’: Electric rates in Texas have surged over 70% as summer kicks in

There’s no escaping rising oil prices. They’ve driven up the cost of gasoline, and the higher expense registers every time people fill up the tank.

Tribune News Service

As natural gas expands in Gulf, residents fear rising damage

There are neighborhoods in Southwest Louisiana that have endured seven federally declared disasters in just two years

The Independent UK

Peco Energy says gas from its system didn't cause deadly Pa. home explosion, as officials survey damage

PHILADELPHIA — Days after a massive explosion obliterated two homes in Pottstown, killing four children and an adult, a cause has not yet been released, but Peco Energy says it has found no evidence that natural gas from its system caused the fatal blast.

The Philadelphia Inquirer

11 Stocks Moved By Traders on 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

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Why Tellurian's Stock Is Sliding Today

Tellurian Inc (AMEX:TELL), a natural gas company headquartered in Houston, has been on an incredible run, up 45% throughout the last six months. Tellurian has gotten a major boost from the increased demand for domestic natural gas following the Russian invasion of Ukraine which has limited the amount of natural…

Benzinga

Russia cuts off natural gas supply to Denmark, company says

Denmark’s largest energy company says Russia cut off its gas supply because it refused to pay in rubles

The Independent UK

Short Volatility Alert: Natural Gas Services Group, Inc.

On Friday, shares of Natural Gas Services Group, Inc. (NYSE: NGS) experienced volatile short activity. After the activity, the stock price went up +1.16% to $13.95. The overall sentiment for NGS has been Bullish.

Benzinga

Calls for ‘ethical oil’ are pushing Canada to become a petro-state

Russia’s ongoing invasion of Ukraine has brought fossil fuels and geopolitics to the forefront of public discussion. In an effort to evade economic sanctions, Russia has weaponized its energy exports.

The Conversation

Russia, Serbian presidents agree on further gas supplies - Kremlin

Russian President Vladimir Putin and his Serbian counterpart Aleksandar Vucic agreed in a phone call on Sunday that Russia will continue supplying natural gas to Serbia and the two countries will bolster their partnership, the Kremlin said.

Reuters

War surges Norway's oil, gas profit. Now, it's urged to help

Europe’s frantic search for alternatives to Russian natural gas has dramatically increased the demand — and price — for Norway's oil and gas

The Independent UK

California faces power shortages and price hikes amid drought woes: report

California faces the grim prospect of a drought-fueled summer of power shortages, hydroelectric plant shutdowns and rising electricity costs in areas that include the service territories of PG&E and other utilities, a report released Friday warns.

Tribune News Service

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Asharq Al-Awsat

Putin Says He Is Ready to Deliver Gas, Discuss Prisoner Swap

Austrian Chancellor Karl Nehammer said Russian President Vladimir Putin told him on Friday that Moscow would meet its natural gas delivery commitments to Austria and was ready to discuss a prisoner swap with Ukraine. Nehammer made the comments to reporters after the two leaders held a 45-minute telephone call that…

Reuters

Putin says he is ready to deliver gas, discuss prisoner swap - Austria

WEKU

Hydrogen may be a climate solution. There's debate over how clean it will truly be

The federal government plans to build several hydrogen hubs around the country. The goal is to find a cleaner replacement for fossil fuels. But there are challenges in how hydrogen is produced.

Benzinga

As American Natural Gas Prices Start To Converge With Europe's, A Hedged Bet On Them Going Even Higher.

Zoltan Poszar's Predicted Commodities Disruptions

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Asharq Al-Awsat

Tunisia to Launch International Tenders for 2,000 MW of Renewable Power

Tunisia plans to launch international tenders in June this year seeking offers to build 2,000 megawatts of renewable electric power capacity, energy minister Naila Nouira said on Thursday, part of efforts to cut the country's natural gas imports. Tunisia, which is facing a financial and political crisis, is trying to…

The New Daily

Market Wrap: Markets take election result in their stride amid hawkish rate rises

After winning the federal election, Anthony Albanese is promising action on climate change, greater gender equality and improved wage growth.

Benzinga

Venture Global 'Secretly' Started Constructing $13B LNG Plant On US Gulf Coast

The Financial Times reported that Venture Global LNG would build one of the largest new liquefied natural gas export plants in the U.S. on the Louisiana coast.

Asharq Al-Awsat

Egypt Wants to Shift Focus to Developing Countries in Climate Talks, Says Official

Egypt will position itself as an impartial arbiter while hosting this year's COP27 UN climate summit, as it pushes other nations to act on climate pledges while promoting the interests of the developing world, a senior Egyptian official said. Egypt would also welcome protests within the rules of the Nov.…

StockNews.com

Better Buy: Coterra Energy vs. Marathon Oil

Given a tighter energy supply due to continued sanctions on Russian oil exports and output control by OPEC+, the government’s efforts to improve domestic supply should benefit oil and gas companies. Given the rising demand and high prices, prominent players in this space, Coterra Energy (CTRA) and Marathon Oil (MRO)…

StockNews.com

2 Stocks to Buy as Natural Gas Prices Remain Elevated

The energy sector has attracted significant investor attention over the past few months, thanks to soaring oil and natural gas prices prompted by strong demand and supply chain concerns aggravated by the Russia-Ukraine war. And because natural gas prices are expected to remain elevated, we think it could be wise…

Al Jazeera

Turkey FM visit to Israel a sign relations are warming

Despite standoffs over Israel’s occupation of Palestinian lands, Ankara and Tel Aviv are growing closer.

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