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U.S. natgas futures slide 2% with decline in global oil/gas prices

This post was originally published on this siteMarch 3, 2022 U.S. natural gas futures slid about 2% on Thursday as the U.S. market continued its three-day streak of following sharp moves in European gas and global oil prices with the Russia-Ukraine conflict stoking energy supply concerns. The European market took a break on Thursday, falling […]

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U.S. senators to grill regulators over climate policy on natural gas projects

This post was originally published on this siteWASHINGTON, March 3 (Reuters) – Top U.S. senators from both parties on Thursday will grill Democratic energy regulators who recently approved guidelines for approving new natural gas projects that allow consideration of environmental justice, landowner and climate issues. The three Democrats on the five-member Federal Energy Regulatory Commission

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Russia’s Gas Giant Shunned by European Traders — and Its Landlord

This post was originally published on this siteMar 3, 2022 (Bloomberg) Gazprom PJSC’s energy-trading arm is being kicked out of its central London offices in the wake of Russia’s invasion of Ukraine, piling more pressure on the company that’s already being shunned by many U.K. trading partners and scrutinized by the government.British Land Co. plans to

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EU Can Cut Russian Gas Imports by a Third in One Year, IEA Says

This post was originally published on this siteMar 3, 2022 (Bloomberg) The European Union can slash imports of Russian natural gas by a third through a combination of boosting imports from other sources, accelerating the rollout of renewables and ramping up energy efficiency, according to a new report by the International Energy Agency. Under a 10-point

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Brent Oil Nears $120 Before Cooling as Traders Shun Russia Crude

This post was originally published on this siteMar 3, 2022 (Bloomberg) Oil extended a streak of extreme volatility, with Brent nearing $120 at one point Thursday, as buyers continued to shun Russian crude following the invasion of Ukraine.The global benchmark was trading near $115, after earlier adding as much as 6.1%. West Texas Intermediate touched its

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U.S. hits Russian oil refining sector, slaps export curbs on Belarus

This post was originally published on this siteWASHINGTON, March 2 (Reuters) – The United States on Wednesday took aim at Russia’s oil refining sector with new export curbs and targeted Belarus with sweeping new export restrictions, as the Biden Administration amps up its crackdown on Moscow and Minsk over the invasion of Ukraine. The new

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