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The Latest Breaking News from Natural Gas

NSE gets Sebi nod to launch WTI crude oil, natural gas futures contracts

NEW DELHI: The National Stock Exchange on Wednesday said it has received approval from markets regulator Sebi to launch the rupee-denominated NYMEX WTI crude oil and natural gas futures contracts in its commodity derivatives segment.

The Times of India

Emitting greenhouse gases in Washington state? Here's who will need to pay up to pollute

SEATTLE — Blue and orange flames flicker and whir within five massive natural gas-fired boilers, visible only through hatches where coal used to be shoveled.

Tribune News Service

What you need to know about Texas’ complex — but important — electricity market reform plan

The idea, which still lacks some important details and could be changed by state lawmakers, would change how electricity is paid for in tight times. We explain it for everyday Texans.

The Texas Tribune

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Drone Crashes in Failed Attack Southeast of Moscow, Regional Governor Says

A drone crashed near a natural gas distribution station southeast of Moscow on Tuesday in an apparent failed attack 110 km (68 miles) from the center of the Russian capital, the regional governor said. Andrei Vorobyov reported the incident near the town of Kolomna shortly after the Defense Ministry accused…

Asharq Al-Awsat

PG&E delivers bill shocks to customers amid soaring natural gas prices

Soaring prices for natural gas and this winter’s icy blasts have jolted unsuspecting PG&E customers with brutal — and fast-rising — monthly utility bills.

Tribune News Service

Inquiry issues damning report into Dutch gas drilling

A Dutch parliamentary inquiry has released a damning report into the government’s handling of lucrative natural gas extraction that caused a string of earthquakes in the northern province of Groningen

The Independent UK

Protect gas stoves? NC bill would prevent local bans on natural gas hookups

Members of North Carolina’s House of Representatives are again seeking legislation that would prevent counties and municipal governments from banning the use of natural gas or any other form of energy to heat buildings or power appliances.

Tribune News Service

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Natural Gas Terminal Reopens After Massive Explosion

Regulators say the company fixed flaws at the natural gas plant which led compressed methane to burst from a pipe and catch fire.

Texas Observer

War in Ukraine has reshaped global energy markets - Roll Call

Russia's invasion has been a boon for U.S. oil and gas companies but might also help address the climate crisis.

Roll Call

German energy czar warns: Don't let guard down on gas supply

Germany's natural gas reserves are abundant, and prices are down

The Independent UK

Russian invasion fuels Santos profits as prices surged

Profits for natural gas supplier Santos more than doubled in 2022 as it benefited from rising gas prices and demand caused by the Russian invasion of Ukraine.

AAP

Federal dollars expected to help improve air quality and move traffic better

Lextran will be upping its compressed natural gas and hybrid-electric vehicle numbers over the next two years. The state awarded more than $11 million in federal pass-through dollars to projects in five counties.

WEKU

The war in Ukraine hasn't left Europe freezing in the dark, but it has caused energy crises in unexpected places

Through a year of war in Ukraine, the U.S. and most European nations have worked to help counter Russia, in supporting Ukraine both with armaments and in world energy markets. Russia was Europe’s main energy supplier when it invaded Ukraine, and President Vladimir Putin threatened to leave Europeans to freeze…

The Conversation

Feds using 'enhanced surveillance' to see what's behind the natural gas spike in California

The head of the Federal Energy Regulatory Commission that oversees the interstate transmission of natural gas, electricity and oil on Thursday would not say whether it will launch a formal investigation into soaring natural gas prices in California but did say the agency has assigned staff to examine whether any…

Tribune News Service

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The Independent UK

With eye on Russia, Greece and Bulgaria expand gas deal

The leaders of Greece and Bulgaria have announced plans to expand natural gas cooperation with a deal that could help other countries in the region lower their dependence on Russian energy

Los Angeles Times

The gas bill is $907.13? Sticker shock for Californians as prices soar

LOS ANGELES — Brent Eldridge had heard that prices for natural gas were high this winter, but nothing prepared him for how bad it could be.

The Independent UK

Pakistan in bailout bid sharply raises natural gas taxes

Cash-strapped Pakistan sharply increased taxes on natural gas to comply with a long-stalled financial bailout, and both industrial and everyday consumers were expected to feel the pain

Asharq Al-Awsat

Egypt Ships 80% of its Gas to Europe

Egypt shipped 80% of its liquefied natural gas (LNG) exports to Europe last year, the country’s petroleum minister, Tarek Al-Molla, said on Monday. Al-Molla’s comments came as the European Union (EU) expects Egypt to increase the volumes of its LNG deliveries to Europe. On Monday, EU commissioner for energy, Kadri…

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Asharq Al-Awsat

China's CNPC Set to Seal Mega Qatari LNG Deal

China National Petroleum Corp (CNPC) is close to finalizing a deal to buy liquefied natural gas (LNG) from QatarEnergy over nearly 30 years from the Middle Eastern exporter's massive North Field expansion project, three people with knowledge of the matter told Reuters. If sealed, this would be the second such…

Bangkok Post

Banpu to boost US shale gas investments

Banpu Public Company Limited, Thailand’s largest coal producer, plans to boost its investments in United States shale gas as it prepares for the New York listing of its American unit this year.

ABC News

Life on Curtis Island alongside three liquefied natural gas plants

Curtis Island, in the Great Barrier Reef World Heritage Area, is a major habitat for vulnerable species. It is also home to three liquefied natural gas plants that export roughly five per cent of the world's LNG.

Roll Call

Despite criticism, Biden hasn't slowed energy production - Roll Call

Domestic oil production is expected to set a new record this year and continue to climb into 2024, along with rising natural gas production.

The Conversation

Two years after its historic deep freeze, Texas is increasingly vulnerable to cold snaps – and there are more solutions than just building power plants

Texans like to think of their state as the energy capital of the world. But in mid-February 2021, the energy state ran short of energy.

Los Angeles Times

LA is shutting down its largest gas plant — and replacing it with an unproven hydrogen project

The Los Angeles City Council voted unanimously Wednesday to move forward with an $800-million plan to convert the city's largest gas-fired power plant to green hydrogen — a first-of-its-kind project that was hailed by supporters as an important step to solve the climate crisis but slammed by critics as a…

Los Angeles Times

Soaring California natural gas prices could bring higher electricity bills this summer

In the wake of skyrocketing gas rates, a utility company executive suggested that hikes in natural gas costs could lead to higher electricity bills this summer.

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