European Gas Prices Drop as Weather Predicted to Turn Warmer

Natural gas prices in Europe extended losses on Thursday as weather forecasts pointed to warmer temperatures, further delaying the start of the heating season in the region. Benchmark futures declined as much as 9.1%, following a slump of 8.2% on Wednesday. Warmer weather is expected in Scandinavia while above normal …

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The East Mediterranean is Primed for a Natural Gas Boom

The Eastern Mediterranean could become a “stable supplier of energy” to the European Union if the recent maritime border agreement between Israel and Lebanon spurs more investment in the region, the head of the company that launched the latest gas production project says. “I think there is a lot more …

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