Natural Gas Prices Surge to Near Two-Year High Amid Cold Weather, Geopolitical Risks, and AI Boom
Natural gas prices hit a near two-year high of $3.66 per MMBtu due to a cold winter outlook, geopolitical uncertainty (particularly regarding Russian supply), and reduced US inventories; the AI boom is driving long-term demand increases.
Natural Gas Prices Surge to Near Two-Year High Amid Cold Weather, Geopolitical Risks, and AI Boom
Natural gas prices hit a near two-year high of $3.66 per MMBtu due to a cold winter outlook, geopolitical uncertainty (particularly regarding Russian supply), and reduced US inventories; the AI boom is driving long-term demand increases.
Progress
36% Bias Score
ConocoPhillips Stock Underperforms Market Despite Acquisition
ConocoPhillips' stock underperformed the market in 2024's first three quarters due to lower natural gas prices and increased costs, despite higher oil production; however, a recent acquisition is expected to boost future earnings and free cash flow.
ConocoPhillips Stock Underperforms Market Despite Acquisition
ConocoPhillips' stock underperformed the market in 2024's first three quarters due to lower natural gas prices and increased costs, despite higher oil production; however, a recent acquisition is expected to boost future earnings and free cash flow.
Progress
44% Bias Score
Austria Ends Gazprom Gas Contract After Winning Arbitration Case
On December 11, 2024, Austria's OMV terminated its long-term gas contract with Gazprom after winning a €230 million arbitration case for Gazprom's breach of contract in 2022, ending Austria's dependence on Russian gas and setting a precedent for other European nations.
Austria Ends Gazprom Gas Contract After Winning Arbitration Case
On December 11, 2024, Austria's OMV terminated its long-term gas contract with Gazprom after winning a €230 million arbitration case for Gazprom's breach of contract in 2022, ending Austria's dependence on Russian gas and setting a precedent for other European nations.
Progress
52% Bias Score
Netherlands Halts Groningen Gas Extraction, but Faces Long-Term Energy Transition
Gas extraction from the Groningen field, the Netherlands' largest gas field, has stopped for the first time since December 9, 1963, due to safety concerns; however, the country will continue using natural gas until 2050, sourcing it from smaller domestic fields and international sources to meet the ...
Netherlands Halts Groningen Gas Extraction, but Faces Long-Term Energy Transition
Gas extraction from the Groningen field, the Netherlands' largest gas field, has stopped for the first time since December 9, 1963, due to safety concerns; however, the country will continue using natural gas until 2050, sourcing it from smaller domestic fields and international sources to meet the ...
Progress
36% Bias Score
Record Russian Gas Flow to China Exceeds Contractual Obligations
Russia's daily pipeline gas deliveries to China hit a record high on Saturday, exceeding annual contractual obligations and highlighting China's growing energy demand and Russia's successful pivot away from Western sanctions following the war in Ukraine.
Record Russian Gas Flow to China Exceeds Contractual Obligations
Russia's daily pipeline gas deliveries to China hit a record high on Saturday, exceeding annual contractual obligations and highlighting China's growing energy demand and Russia's successful pivot away from Western sanctions following the war in Ukraine.
Progress
36% Bias Score
European Gas Prices Surge Amidst Fears of Cold Winter and End of Russian Transit
Rising European natural gas prices, nearing €49/MWh on November 21st, fueled by a potential cold winter and the end of Russian gas transit through Ukraine, raise concerns despite reduced reliance on Russian gas and lower prices than in 2022.
European Gas Prices Surge Amidst Fears of Cold Winter and End of Russian Transit
Rising European natural gas prices, nearing €49/MWh on November 21st, fueled by a potential cold winter and the end of Russian gas transit through Ukraine, raise concerns despite reduced reliance on Russian gas and lower prices than in 2022.
Progress
32% Bias Score
Trump's Tariff Threat: US-Mexico Energy Trade at Risk
President Trump's potential second term plans include a 25% tariff on all Mexican and Canadian imports, including crude oil and natural gas, potentially disrupting the nearly $70 billion US-Mexico energy trade in 2023, a sharp departure from past trade practices.
Trump's Tariff Threat: US-Mexico Energy Trade at Risk
President Trump's potential second term plans include a 25% tariff on all Mexican and Canadian imports, including crude oil and natural gas, potentially disrupting the nearly $70 billion US-Mexico energy trade in 2023, a sharp departure from past trade practices.
Progress
32% Bias Score
Slovakia Faces Hurdles in 2025 Gas Supply Negotiations
Slovakian Prime Minister Robert Fico announced "very intense" negotiations for 2025 natural gas supplies, facing challenges from Ukraine and expensive Western alternatives, while the EU's new energy chief aims to fully sever ties with Russia.
Slovakia Faces Hurdles in 2025 Gas Supply Negotiations
Slovakian Prime Minister Robert Fico announced "very intense" negotiations for 2025 natural gas supplies, facing challenges from Ukraine and expensive Western alternatives, while the EU's new energy chief aims to fully sever ties with Russia.
Progress
48% Bias Score
Rinehart Urges Australia to Boost Natural Gas Production Amid Economic Downturn
At a Bush Summit in Orange, NSW, mining magnate Gina Rinehart urged Australia to boost natural gas production to address five consecutive quarters of negative economic growth per capita, rising energy costs, and unreliable renewable energy sources, while criticizing government regulations and approv...
Rinehart Urges Australia to Boost Natural Gas Production Amid Economic Downturn
At a Bush Summit in Orange, NSW, mining magnate Gina Rinehart urged Australia to boost natural gas production to address five consecutive quarters of negative economic growth per capita, rising energy costs, and unreliable renewable energy sources, while criticizing government regulations and approv...
Progress
68% Bias Score
Netherlands Halts Groningen Gas Extraction, Faces Transition Challenges
The Netherlands halts gas extraction from the Groningen field for safety reasons after a ban, yet still needs 30 billion cubic meters annually, prompting gas imports and continued extraction from smaller fields, raising concerns and necessitating a transition to alternative heating solutions within ...
Netherlands Halts Groningen Gas Extraction, Faces Transition Challenges
The Netherlands halts gas extraction from the Groningen field for safety reasons after a ban, yet still needs 30 billion cubic meters annually, prompting gas imports and continued extraction from smaller fields, raising concerns and necessitating a transition to alternative heating solutions within ...
Progress
28% Bias Score
European Gas Prices Surge Amidst Cold Weather and Looming Transit Contract Expiration
Increased European natural gas prices, reaching €49/MWh on November 21st, are driven by cold weather and reduced wind power, yet remain below 2022 peaks. Decreased reliance on Russian gas is a mitigating factor, although Russian LNG imports remain significant. The potential termination of a gas tran...
European Gas Prices Surge Amidst Cold Weather and Looming Transit Contract Expiration
Increased European natural gas prices, reaching €49/MWh on November 21st, are driven by cold weather and reduced wind power, yet remain below 2022 peaks. Decreased reliance on Russian gas is a mitigating factor, although Russian LNG imports remain significant. The potential termination of a gas tran...
Progress
32% Bias Score
Polish Gas Drilling Project Raises Environmental Concerns in Germany
A Canadian company's gas drilling project near Swinoujscie, Poland, sparks environmental concerns in neighboring Germany, leading to calls for greater transparency and cross-border cooperation.
Polish Gas Drilling Project Raises Environmental Concerns in Germany
A Canadian company's gas drilling project near Swinoujscie, Poland, sparks environmental concerns in neighboring Germany, leading to calls for greater transparency and cross-border cooperation.
Progress
0% Bias Score