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3 mins read
Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it
Russia supplied 40% of Europe's gas before the full-scale invasion of Ukraine. It's now down to 15%.
Huileng Tan
2 mins read
The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas
Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% comin…
Huileng Tan
1 min read
HPCL bags contract from OPaL for supply of natural gas
Hindustan Petroleum Corporation Ltd (HPCL), which is enhancing its footprints in the natural gas ma…
ANI
1 min read
One key country is holding up a natural-gas pipeline that would deepen ties between Russia and China
Mongolia won't fund the Siberia-2 pipeline for the next four years, throwing a wrench in a project …
Filip De Mott
1 min read
Texas natural-gas prices turn negative despite soaring heatwave temperatures
Traders told Reuters that the negative prices are due to planned pipeline maintenance from Kinder M…
Filip De Mott
4 mins read
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
2 mins read
Germany banned Russian gas from its ports, the latest move to isolate Putin's energy industry: report
Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject…
Mikhaila Friel
5 mins read
A trifecta of global crises could snarl supply chains and increase prices
A sudden flurry of global developments has the US economy staring down a troubling trifecta of majo…
Eliza Relman
2 mins read
Natural gas prices are soaring as energy workers in Australia look poised to strike, threatening global supply
Natural gas prices are up 22% over the past week, but are still down 60% from a year-ago as a warme…
Matthew Fox
3 mins read
Empty gas stations, full hotels, and gridlocked highways: A Tampa resident shares what she saw on her 'terrifying' evacuation from Hurricane Milton.
Makayla Pelletier, 23, evacuated Tampa to avoid Hurricane Milton, just days after she returned home…
Allie Kelly
1 min read
It costs more than $200,000 a day for traders to ship liquefied natural gas as tanker supply dwindles
Daily charter rates to ship LNG for October and November have surged to $206,750 and $284,750, resp…
Zahra Tayeb
2 mins read
Oil and natural gas prices could spike 40% this year if war spreads across the Middle East, economist says
If tensions in the Middle East spiral out of control it would slow global growth and limit trade vo…
Filip De Mott
1 min read
Russia stands to lose $6.5 billion a year if Ukraine doesn't renew a gas pipeline deal at the end of the year, report says
Ukraine also stands to lose around $800 million a year if it doesn't renew a gas pipeline deal with…
Jennifer Sor
2 mins read
Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says
Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…
Jennifer Sor
1 min read
European natural gas soars over supply disruptions as Ukraine blocks key route and Russia retaliates against sanctions
Ukraine blocked a route that supplies about 8% of Russian gas to Europe and blamed interference by …
Hamza Fareed Malik
2 mins read
Europe should be prepared for Russia to totally cut all natural gas supplies this winter, IEA chief says
Russia could cut natural gas flows even more, just as Europe tries to build up some inventory ahead…
Zahra Tayeb
2 mins read
European natural gas prices soar 17% after Russia says it will slash supplies to the continent, driving fears of a deep recession
Russia said it will cut supplies through the Nord Stream 1 pipeline to 20% of capacity, further bat…