Gas
U.S. natural gas producers face billions in losses through hedging in 2022
US gas producers will have to post billions in hedging losses in the next year because they secured most of their production for 2022 before the recent energy crisis shot gas prices soaring, an analysis by Rystad Energy shows.
Gas flows to Germany stopped again
The gas flows through the Yamal-Europe pipeline to the west to Germany have stopped again and flow in the opposite direction back to Russia, as data from the German pipeline operator Gascade showed on Saturday.
Chinese energy company in conversation with US exporters
Large Chinese energy companies are in advanced conversations with US exporters to ensure long-term liquid gas supplies (LNG) as the rising gas prices and energy shortages in the country increase the concern about fuel safety of the country, several sources.
Shale gas from the USA cannot help Europe
If there is one country that could have saved Europe from its energy crisis, it is the US - home to huge shale gas fields with seemingly infinite supplies of natural gas and gigantic terminals capable of supplying the gas liquefy and transport abroad.
Gas price hike: just another headwind for the global economy
Rising gas prices, which are driving up heating bills for the winter, affecting consumption and exacerbating a short-term surge in inflation, are another blow to the global economy, which is just bouncing back after the coronavirus shock.
Great Britain wants to get the effects of rising gas prices under control
The UK said on Saturday that it would work with the energy industry to curb the impact of rising gas prices after fears emerged that other utilities and food producers would be unable to cope with the high costs. Economy Minister Kwasi Kwarteng said he had …
Viking Energy receives further investment from institutionals
As we recently discovered, the Viking Energy Group Inc. (OTC US: VKIN) is on the verge of a capital-backed expansion on very good terms. Given the trend in the oil and gas markets, this should be considered extremely good news for VKIN stocks. However, the …
Chevron resumes it share buyback program
Chevron (NYSE: CVX) resumes its share buybacks after the company reported higher-than-expected earnings for the second quarter on rising commodity prices. Chevron on Friday reported adjusted earnings of $ 3.3 billion, or $ 1.71 per diluted share, for the …
Berkshire Hathaway will have to cancel latest pipeline deal
Even if Warren Buffet is one of the richest people on planet earth, he must recognize and respect the power of the US government. Berkshire Hathaway Inc. (NYSE: BRK.A) recently announced that it is abandoning its plans to acquire a $ 1.7 billion natural gas …
There is a bright future for natural gas stocks
After an epic, pandemic-induced crash in 2020, the US stock market has returned to winning ways and is experiencing another record season this year. The S&P 500 has already gained 16.0% in the year to date and is constantly marking new all-time highs. However, …