Gazprom wins partial gas price war, but Orlen could owe up to $290 million
Orlen, a Polish oil and gas firm, could be hit with a bill for almost $300 million after deciding that Gazprom has the right to charge higher prices retroactively on gas supplied to Poland. Orlen is a brand of Orlen. The Polish gas monopoly PGNiG, which will be in 2022 and is involved in several disputes with Gazprom at an arbitration tribunal in Stockholm regarding the prices Poland paid for Russian Gas from 2017 to 2020.
Dallas Fed survey: Oil and gas activity decreased in Q2 due to higher US steel tariffs
The Dallas Fed survey released on Wednesday showed that activity in the U.S. Oil and Gas sector in Texas and Louisiana, and New Mexico, decreased slightly in the second half of 2025. This was due to the increase in steel tariffs. The drop in activity comes after U.S. president Donald Trump, who encouraged U.S. manufacturers to "drill baby drill", doubled tariffs for steel and aluminum imports from 25% to 50%.
Qatari Output at Gas Field Shared With Iran Is Steady
Qatar's gas production at the South Pars field is steady and supply is proceeding normally, it said on Tuesday, after the world's largest gas field was hit by an Israeli airstrike on Saturday, prompting Iran to partially suspend its production.Qatar, the world's third-biggest liquefied natural gas exporter after the U.S. and Australia, shares the South Pars gas field with Iran."So far, gas supplies are proceeding normally.
Egypt To Buy Up To 160 LNG Cargoes Through 2026
Egypt has reached agreements with several energy firms and trading houses to buy 150 to 160 cargoes of liquefied natural gas, as it ramps up purchases to meet power demands despite strained government finances, industry sources said.The world's most populous Arab country has endured rolling blackouts over the past two years as natural gas supply fell short of demand. It returned to being a net importer of gas last year…
Prices of EUROPE GAS firm due to higher demand, French nuclear concerns and hot weather
The Dutch and British wholesale gas price rose on Wednesday morning. This was due to the rising electricity prices in France, increased cooling demand and Europe's need for gas storage sites. LSEG data shows that the benchmark Dutch front-month contract was up 0.72 euros at 35.50 Euro per megawatt hour or $11.90/mmBtu at 0837 GMT. The price of August was 0.75 euros higher, at 35.85 Euro/MWh. The British day-ahead contracts was up 1.80 cents at 83.60 pence/therm.
The price of EUROPE Gas is rising on the back of cooler temperatures in advance of Russia-Ukraine discussions
The Dutch and British gas price rose slightly on Thursday morning, as demand increased due to the cooler temperatures and market anticipation of news about Ukraine-Russian peace talks. LSEG data shows that the benchmark Dutch front-month contract rose 0.46 euros to 35.21 Euro per megawatt hour or $11.55/mmBtu at 0818 GMT. The Dutch July contract increased by 0.43 euros to 35.33 Euro/MWh. The British day-ahead contracts was up 0.03 pence to 79.03p/therm.
EUROPE GAS - Prices rangebound as market focuses on Russia-Ukraine News
The Dutch and British gas price were not much different on Tuesday morning, as the market awaited news about the Ukraine-Russian peace talks that will be held later this week. Also, warm weather continues to limit demand. LSEG data shows that the benchmark Dutch front-month contract rose 0.18 euros to 35.60 Euro per megawatt hour or $11.59/mmBtu at 0807 GMT. The contract reached 36.25 euro/MWh on Monday, its highest since April 16.
The EU Parliament supports the relaxation of gas storage regulations
The European Parliament voted Thursday to loosen the EU's regulations on gas storage. It agreed with member states who were concerned that the targets could lead to an increase in energy prices. In 2022, the EU introduced its gas storage regulations to ensure that EU countries have a buffer during winter. This was after Russia had cut off gas deliveries in response to its invasion of Ukraine. The resultant spike in gas prices across Europe was largely due.
Atmos Energy reports quarterly profit rise, raises full-year forecast
Atmos Energy has reported an increase in its second-quarter profits, thanks to higher natural gas prices and increased customer numbers. The average natural gas price has risen in the last few quarters. It reached a two-year peak on 10 March, driven by a strong demand for LNG export facilities as well as supply concerns heading into summer. The company reported that the operating…
EOG Resources exceeds profit expectations, reduces capital expenditure plan due to tariff uncertainty
EOG Resources posted a first-quarter profit that was higher than expected on Thursday. The company enjoyed higher natural gas production and prices, but cut its capital spending plan due to tariff uncertainty. The company reported that the benchmark price of natural gas for the third quarter increased by 63.4% over the previous year to $3.66/Mcf, while the total quarterly production increased 4.8% to reach 98.1 million barrels equivalent oil (MMBoe).
Expand Energy exceeds its quarterly profit expectations and expects minimal tariff impact
Expand Energy, the top U.S. producer of natural gas, beat analysts' expectations for first-quarter profits on Tuesday. This was due to higher natural gas production and prices, as well as a signal that tariffs will have a minimal impact in the near future. In extended trading, shares were up about 1 percent at $108.50. The average natural gas price has been rising over the last few quarters.
Prices for gas in Europe are mixed due to economic concerns and storage requirements
The Dutch and British wholesale gas price were mixed on Tuesday, as economic concerns and forecasts for milder weather continued to exert pressure. However, Europe's need to replenish storage also provided support. LSEG data shows that the benchmark Dutch front-month contract fell by 0.70 euro to 34.70 euros per Megawatt Hour (MWh) at 0905 GMT. The British day-ahead contracts rose 0.20 pence, to 86.55 p/therm.
Gas prices in Europe are rising on the back of lower renewable energy forecasts
The Dutch and British wholesale gas price increased on Thursday morning, as temperatures and renewables are expected to drop at the weekend and the quieter trade before Easter. LSEG data show that the benchmark Dutch front-month contract rose by 0.24 euros to 35.66 euro per megawatt hour. The June contract increased by 0.26 euros to 35.86 euro/MWh. The British contract was 1.75 cents higher, at 86.75 cents per therm.
EUROPE GAS-Prices remain volatile amid tariff, gas storage target uncertainty
The Dutch and British gas price are not clear on Friday, but they remain close to recent multi-month-lows. This is because the market continues grappling with the effects of the U.S. trade war induced by tariffs on the global economic situation and the EU countries meeting to discuss filling gas storage targets. LSEG data shows that the benchmark Dutch front-month contract fell by 0.02 euros to 33.338 Euro per megawatt hour or $11.13/mmBtu at 0815 GMT.
As U.S. Tariffs take effect, the prices of gas in Europe will fall in line with those on other markets.
The Dutch and British gas price fell on Wednesday in line with the wider sell-offs of equity and commodities markets, as U.S. "reciprocal" tariffs took effect, which has raised fears about a recession. LSEG data shows that the benchmark Dutch front-month contract fell by 1.07 euros, to 34.55 Euros per megawatt hour or $11.11/mmBtu at 0832 GMT. On Monday, the contract reached 33.65 Euros/MWh, its lowest since September 2024.
EUROPE GAS - Prices range as the market weighs tariff impact
The Dutch and British gas price rose slightly on Tuesday and are expected move in the same direction as the market evaluates the impact of U.S. energy tariffs amid concerns that slow global growth may impact demand. LSEG data shows that the benchmark Dutch front-month contract increased by 0.71 euros, or $11.54/mmBtu to 36.28 Euros per megawatt hour. On Monday, the contract reached 33.65 Euros/MWh, its lowest since September 2024.
Prices for EUROPE GAS are at their lowest in 6 months due to retaliatory tariffs from China
The Dutch and British gas price plunged on Friday to the lowest level in more than six months, in line with the sharp drops in oil and stock market after China announced retaliatory duties on U.S. products, causing global recession fears. LSEG data show that the Dutch front-month contract fell 3.62 euros or 9% to 35.86 euros or $11.63/mmBtu at 1158 GMT. The contract had fallen to 35.25 Euros/MWh earlier, the lowest level since September 23, 2024.
Prices for EUROPE Gas remain at a 1-month low as U.S. Tariffs threaten Demand
Dutch and British gas rates fell on Friday morning, trading at their lowest level since early March. This is due to fears that the U.S.-led global trade war could reduce industrial activity and decrease gas demand. LSEG data shows that the Dutch front-month contract fell 0.48 euros to 39.00 euros per Megawatt Hour (MWh), or $12.56/mmBtu at 0807 GMT. The contract fell briefly to 38.50 Euros/MWh on Thursday, its lowest level since March 7.
Prices for EUROPE GAS continue to fall as the warm weather continues curb demand
The Dutch and British gas price continued to fall on Thursday as the warmer weather continues reducing demand. Meanwhile, the market is watching the impact of Trump’s "Liberation Day tariff plan". LSEG data shows that the Dutch front-month contract fell 0.89 euros to 40.60 Euro per Megawatt Hour (MWh), or $12.80/mmBtu at 0827 GMT. The Dutch day-ahead contracts was down by 1.05 euros at 39.95 Euro/MWh.
EUROPE GAS - Prices fall on mild temperatures and energy attack pause
The Dutch and British gas price fell on Wednesday morning, as the mild temperatures reduced gas demand. Meanwhile, the U.S. made deals with Russia and Ukraine to stop attacks against energy targets and at sea. LSEG data shows that the Dutch front-month contract fell by 0.15 euros to 40.97 euros per Megawatt Hour (MWh), or $12.96/mmBtu at 0917 GMT. The Dutch May contract is down 0.75 euros at 40.95 Euro/MWh.
