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natural gas

European gas prices soar on Australia LNG workers’ ultimatum

European natural gas prices jumped as workers serving a key export project in Australia prepare for a strike if no deal is reached in...

Europe gas set for third weekly gain on Australia strike jitters

European natural gas futures headed for a third weekly gain as concerns over potential strikes in Australia inject renewed volatility into the market, according...

European gas falls with sluggish demand keeping a lid on prices

European natural gas prices are headed for a third consecutive day of declines, with Citigroup Inc. analysts seeing sluggish demand and high inventories keeping...

European gas prices extend jump as outages tighten supply

European natural gas prices rose for a fifth day, the longest streak since April, as outages tighten global supply while heat blankets parts of...

European gas market still prone to risks this winter, IEA warns

Europe’s natural gas market still faces the risk of volatile prices this winter even though the worst in the continent’s energy crisis seems to...

Japan to propose global natural gas reserve to avoid shortages

Japan plans to propose a global stockpile for natural gas, similar to the emergency reserve in the oil sector, to help avoid future shortages...

European gas prices head for biggest weekly loss of the year

European natural gas prices are poised for their biggest weekly drop this year as the region continues to fill up its storage facilities and...

European gas prices rise as Russian mutiny adds to supply fear

European natural gas jumped as nervousness over a short-lived rebellion in Russia added to supply fears in an already volatile market, according to Bloomberg. Benchmark...

OMV Petrom makes largest crude oil discovery in decades

Romanian oil and gas group OMV Petrom, majority-controlled by Austria's OMV, said on Tuesday it discovered new crude oil and natural gas deposits equal...

Romania, Republic of Moldova to expand Iasi-Ungheni-Chisinau gas pipeline

Romania and the Republic of Moldova signed a memorandum about the interconnection of natural gas and electricity networks between their countries, through the expansion...