‘Russia’s natural gas pipeline exports to Europe near historic lows’

Exports to Europe and the UK declined by almost 40% during the first seven months of 2022, according to a new report

US takes over as world’s largest LNG exporter

LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021

‘Green hydrogen cheaper than LNG in Europe’

That’s due to rocketing gas prices, new research finds

Gazprom reportedly declares Force Majeure on some of its European customers

The energy giant allegedly informed some of its European buyers that it cannot guarantee gas supplies

US records a boom in all-electric homes

Over a quarter of all US households are all-electric, new study finds

Norway’s Equinor shuts down three oilfields due to strike

The shutdown of the Gudrun, Oseberg South and Oseberg East fields comes after the Norwegian Organisation of Manager and Executives (Lederne) trade union went on strike from midnight

IEA: Global gas demand set for slow growth due to high prices

Analysts expect slower economic growth and less switching from coal or oil to gas

Ukraine’s largest gas company secures €300m loan

The funding will help the company secure gas stocks for the winter

US Government proposes new energy efficiency standards for home gas furnaces

Under the plans, non-weatherised gas furnaces and those used in mobile homes would be required to achieve an annual fuel utilisation efficiency of 95%

Spanish and Portuguese measure to lower power prices granted EU approval

The measure, which will be implemented by lowering the input costs of fossil fuel-fired power stations, has been approved after recognising the two economies are ‘experiencing a serious disturbance’ following the increase in prices after Russia’s invasion of Ukraine