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The Latest Breaking News from Natural Gas

Kremlin says Russia is reliable gas supplier, blames Europe for problems

The Kremlin said on Thursday that all difficulties with the supply of Russian natural gas to Europe were caused by Western restrictions, after a major gas pipeline was restarted at below capacity following maintenance.

Reuters

Russian gas supplies resume to Europe through Nord Stream 1 pipeline

The resumption of natural gas comes amid fears Vladimir Putin will cut European supplies

The Independent UK

How reliant is Germany – and the rest of Europe – on Russian gas?

As Russia reopens Nord Stream pipeline at lower capacity, pressure remains to reduce consumption and dependency on Russia

The Guardian - UK

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Key gas pipeline from Russia to Europe restarts after a break for maintenance

Natural gas started flowing through a major pipeline after a 10-day shutdown, the operator said. The gas flow was expected to fall well short of full capacity and the outlook was uncertain.

WEKU

Key gas pipeline from Russia to Europe restarts after break

The operator of a major pipeline from Russia to Europe says natural gas has started flowing again after a 10-day shutdown for maintenance

The Independent UK

US to Send More Rocket Systems to Ukraine, Moscow Signals Wider War Aims

The United States on Wednesday promised to send more precision rocket systems to Kyiv, soon after Moscow signaled it was aiming to seize more Ukrainian territory beyond the eastern industrial region of Donbas. The announcement came as the European Commission called on EU members to slash demand for natural gas…

Asharq Al-Awsat

4 Stocks You Should Consider Buying Now for Long-Term Gains

Despite the macroeconomic headwinds driving massive volatility in the markets, resilient consumer spending and impressive earnings results restore investors’ confidence. Since the uncertainty is expected to persist for quite some time, investors could consider buying quality stocks, Mueller Industries (MLI), Marathon Oil (MRO), QUALCOMM (QCOM), and Valero Energy (VLO) for…

StockNews.com

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EXPLAINER: Can Europe live without Russian natural gas?

Europe is bracing for the possibility that the key Nord Stream 1 pipeline that brings natural gas from Russia to Germany won't reopen as scheduled after routine maintenance

The Independent UK

EU seeks 15% cut in gas consumption on Russian supply woes

The European Union proposed that the bloc cut its natural gas consumption by 15% over the next eight months in a plan that would affect all households, power producers and industry.

Tribune News Service

EU asked to reduce gas consumption by 15 percent to face possible Russian cuts

The European Commission has asked member states to reduce their demand for natural gas by 15 percent over the next few months in order to ensure enough remains for the winter if Russia decides to cut off its supply.

Radio France Internationale

EU draws up energy plan in case of Russian gas cutoff

European Union Commissioners are putting the finishing touches to a drastic plan to make sure that any Russian cutoff of natural gas supplies to the bloc will not disrupt industries and send an additional chill through homes next winter

The Independent UK

Egypt Again Presents Itself as Regional Natural Gas Export Hub

Egypt has against presented itself to the world as a regional natural gas export hub, vowing to provide facilitations to mitigate the effect of the European crisis caused by Russia’s war on Ukraine.

Asharq Al-Awsat

Putin warns EU that gas supplies could keep dwindling

Russian President Vladimir Putin says the flow of Russian natural gas to the European customers has dwindled due to the West’s own fault and warned that it could continue ebbing

The Independent UK

EU expects Russian gas cutoff, to release winter energy plan

The European Union is set to propose energy cuts and savings as the 27-nation bloc expects Russian President Vladimir Putin to cut off vast natural gas supplies

The Independent UK

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Al Jazeera

Italy signs energy deals with Algeria in bid to sidestep Russia

Prime Minister Mario Draghi says Algeria has ‘become in recent months the biggest supplier of gas’ to Italy.

The Texas Tribune

How to know the difference between a local power outage and rolling blackouts

Power outages are a possibility during any severe weather event. But a local power outage is different from a larger power grid problem.

The Independent UK

Europe's leaders look to ink energy deals to sidestep Russia

European leaders have ramped up their push to secure alternative energy supplies as fears escalate of a complete natural gas cutoff by Russia

Asharq Al-Awsat

Economics of War: Pain for Europe Now, Later for Russia

Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are turning down the air conditioning as they prepare plans to ration natural gas and restart coal plants. A giant utility is asking for a taxpayer…

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The Independent UK

Economics of war: Pain for Europe now, later for Russia

Europe is feeling the pain from Russia's war in Ukraine

Reuters

EU's chief executive heads to Azerbaijan in search of gas deal

European Commission President Ursula von der Leyen will travel to Baku on Monday to seek more natural gas from Azerbaijan, the EU's executive said, as the European Union seeks to reduce its reliance on Russian energy.

The Independent UK

Washington DC aims to ban natural gas in most new buildings city-wide

The District of Columbia joins other cities who have moved to restrict fossil fuel infrastructure

Benzinga

ConocoPhillips (COP) To Acquire Stake In Texas LNG Facility

ConocoPhillips (NYSE: COP) signed an agreement with Sempra Energy (NYSE: SRE) to acquire a 30% stake in the latter's proposed liquefied natural gas (AMEX: LNG) facility in Port Arthur, TX.

The Times of India

Patna: CNG pipeline obstructs metro rail work on Ashok Rajpath

PATNA: Work on metro rail and double-decker flyover projects on Ashok Rajpath is likely to be delayed as the compressed natural gas (CNG) pipeline that was laid from Gandhi Maidan to Gai Ghat has come as a major obstacle. The agencies engaged in building the flyover and underground metro stations…

StockNews.com

How Falling Oil Prices Will Impact These 3 Stocks

Recessionary fears have led to a drop in oil prices recently. However, oil demand is expected to remain robust this year, and analysts expect oil prices could top $150 per barrel. So, let’s discuss the near-term prospects of oil and gas stocks Chevron (CVX), Marathon Oil (MRO), and Cheniere Energy…

The Independent UK

Macron: Turn out the lights, brace for Russian gas cutoff

French President Emmanuel Macron is warning his country’s people to prepare for a total cutoff of Russian natural gas by supporting alternatives and having public lights switched off at night

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