$27.72
-0.530 (-1.88%)
At Close: Jul 21, 2026
Natural Gas Continues to Show Resistance
04:35pm, Tuesday, 22'nd Feb 2022 FX Empire
Natural gas markets have rallied initially during the trading session on Tuesday due to tensions on the Ukraine/Russia border. However, it appears that people suddenly realized that this is a US contract.
Buying Russia...
03:32pm, Tuesday, 22'nd Feb 2022 Zero Hedge
Buying Russia Via AdventuresInCapitalism.com, Im going to keep this short because the situation is fluid. Besides, this one doesnt need much research or even deep thought. Its actually quite simple. Here are the facts; Biden tried to screw with Putin. Putin showed Biden that geopolitics is a game that only adults should play. Ball is now in Bidens court after Putin snagged 2 provinces that absolutely no one else wanted. What can Biden do? Maybe he can issue some more sanctions? Maybe he goes and cries to the UN?? Hes not going to start a war over these provinces. Biden has been had. What happens when the sanctions hit?? Ask yourself, where do palladium, nickel, natural gas, oil, uranium, grain, fertilizer and a bunch of other goods we depend upon come from?? Yeah, the guys that Biden wants to sanction. What do you think sanctions do to inflation? Theres an election coming up in November and it already looks like Biden gets steamrolled. Does he want to make it even worse?? Literally no one in Europe wants any part of this train-wreck that Biden started.
LIVE BLOG: Stocks, Bitcoin volatile amid Russia-Ukraine tensions, oil, natural gas jumps - Fox Business
02:46pm, Tuesday, 22'nd Feb 2022 Fox Business
LIVE BLOG: Stocks, Bitcoin volatile amid Russia-Ukraine tensions, oil, natural gas jumps Fox Business
Russia-Ukraine Crisis Impact: Oil nears $100; petrol, diesel price hike coming after elections
02:25pm, Tuesday, 22'nd Feb 2022 Zee Business
Russia makes up for a third of Europe''s natural gas and about 10 per cent of global oil production.
Buhari tasks gas exporting nations on adequate investment
02:20pm, Tuesday, 22'nd Feb 2022 BusinessDay
As world leaders embrace energy transition towards a low carbon future, President Muhammadu Buhari has charged members of the gas exporting countries forum on the need to promote investments and policies as critical tools in providing the necessary infrastructure to exploit the natural resource. Buhari made this call on Tuesday, at the 6th Gas Exporting Countries Forum (GECF) summit of heads of state and government under the patronage of Sheikh Tamim bin Hamad Al-Thani, the Amir of the State of Qatar. Representing the president, the minister of state for petroleum resources, Timipre Sylva said with natural gas projected to be the leading fossil fuel in the energy transition, the forum was in the best position to provide stewardship and a credible platform to promote natural gas as a sustainable fuel for an effective energy transition. According to him, in this regard, technology and innovation, adequate investment, and policies would be critical in providing the necessary infrastructure to exploit the natural gas resources and deploy innovative carbon reduction technologies and mechanisms such as carbon capture & storage towards achieving a realistic greenhouse gas emissions reduction target. This will not be achieved without collaboration amongst us and building the capacity of the next generation of energy leaders.
German business confidence rises in February despite Ukraine tensions
01:10pm, Tuesday, 22'nd Feb 2022 Business Recorder
FRANKFURT: The German business climate improved again in February, survey data published Tuesday showed, despite the aggravation of the crisis in Ukraine and persistent supply chain issues. The Ifo institute''s closely watched indicator rose to 98.9 points from 96 in January, with companies reporting an improvement in their expectations for the near future. "The German economy is betting on an end to the coronavirus crisis," Ifo president Clemens Fuest said in a statement, after the government indicated it would roll back most of the health restrictions designed to contain the coronavirus pandemic by the end of March. High case numbers around the turn of the year depressed domestic demand, hitting services particularly hard, and were a factor behind the economy shrinking in the last quarter of 2021. The flagship manufacturing industries were also "clearly more satisfied", the Ifo said, though "material shortages continue to hamper production". Germany to enter recession due to virus: Bundesbank Bottlenecks in supply of raw materials and components have weighed heavily on Europe''s largest economy, which draws much of its strength from the export-stong sector.
Nigeria To Focus More On Gas Exploitation Buhari
01:02pm, Tuesday, 22'nd Feb 2022 Independent Newspapers Nigeria
The Federal Government has declared its intention to invest and focus attention on natural gas exploitation in the country. Addressing the 6th Gas Exporting Countries Forum (GECF) Summit in Doha, Qatar, on Tuesday, President Muhammadu Buhari said enactment of Petroleum Industry Act (PIA) was designed to enable Nigeria to derive more value from natural gas. []
German Chancellor Halts Approval of Gas Pipeline Nord Stream 2 After Russias Actions
11:59am, Tuesday, 22'nd Feb 2022 Moneycentral
Germany said Tuesday it will halt the certification of the Nord Stream 2 gas pipeline designed to bring natural gas from Russia directly to Europe after President Putin recognized breakaway regions in east Ukraine and said Russian troops would move into the area to act as peacekeepers. Read on
Natural gas flows east in reverse mode through Yamal-Europe pipeline as Ukraine crisis escalates
11:46am, Tuesday, 22'nd Feb 2022 The Globe and Mail
Natural gas flows through the Yamal-Europe pipeline were flat on Tuesday while continuing to move in reverse mode for a tenth week
Russia-Ukraine crisis jolts Europe to push for secure energy supply
11:32am, Tuesday, 22'nd Feb 2022 Business Standard
Surging energy prices and fears of a Russian invasion of Ukraine are making European leaders think hard about energy security particularly their decades-old reliance on Moscow for natural gas.
India to face gas price shock in April; CNG, PNG, power prices set to rise further
02:55am, Tuesday, 22'nd Feb 2022 Economic Times India Energy
Domestic natural gas prices are determined every April and October as per a formula fed by price data from international hubs. April price will be based on international prices from Jan to Dec 2021.
European Gas Declines After Proposed U.S.-Russia Summit - BNN Bloomberg
07:34am, Monday, 21'st Feb 2022 BNN Bloomberg
European natural gas prices declined after France proposed a diplomatic summit between U.S. President Joe Biden and his Russian counterpart Russian President Vladimir Putin over the crisis in Ukraine.
General Electric Director bullish on use of natural gas here - Stabroek News
06:06am, Monday, 21'st Feb 2022 Stabroek News
With Guyana seeking to diversify its faltering sugar industry and the PPP/C reopening closed estates, General Electrics (GE) Regional Product Director
What Energy Independence Really Means For The U.S.
12:00am, Monday, 21'st Feb 2022 OilPrice com
Since the days of President Jimmy Carter and the 1970s oil crisis, the United States has relentlessly pursued the utopia of energy independence. Indeed, energy independence is a worthy pursuit that both Democrats and Republicans readily agree upon. After all, relying on other countries for oil, natural gas or coal is an inherently risky proposition since It can lead to wars, or compromise the countrys relationships with foreign powers. The notion that the country could become self-sufficient by producing enough energy to sustain the entirety
Russian Trade Surplus Surges Amid Rising Tensions
01:45pm, Sunday, 20'th Feb 2022 Zero Hedge
Russian Trade Surplus Surges Amid Rising Tensions Amid rising tensions between Russia, Ukraine and the West, Russias oil and gas exports rebounded sharply in 2021. According to the Bank of Russia , crude oil exports climbed to $32 billion in the fourth quarter of 2021, the highest level since 2014. As a result of surging energy prices, Statista''s Felix Richter notes that the countrys total oil and gas exports, including oil products and liquified natural gas, exceeded $240 billion last year, up 60 percent from $150 billion in 2020, when energy prices had slumped at the onset of the Covid-19 pandemic. According to figures from the Russian Finance Ministry cited by Reuters , the oil price averaged $69 per barrel in 2021, up from around $40 in 2020. The average price of natural gas exported by Russia reached $277 per 1,000 cubic meters in Q3 2021, up from less than $100 in Q2 2020, amid the Covid crash. As the following chart shows, Russias merchandise trade surplus climbed to a record high of $67.6 billion in Q4 2021, despite the fact that the countrys imports also reached the highest level since 2013.
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