CALGARY, Alberta/NEW YORK—Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and prompting producers in Canada to boost capital spending and drilling activity. Global natural gas prices have hit multi-year highs as world economies recover from last year’s slowdown during the pandemic. Now, natural gas stockpiles…
Canada Boosts US Natgas Exports, Drills More as Global Prices Surge
European Energy Crisis Forces First Factories to Shut Down
This story originally appeared on ValueWalk The European energy crisis is throwing a spanner in the economic recovery of the region, given the escalation of natural gas prices and the lack of reserves. Amid the situation, U.S.-based fertilizer company CF Industries Holdings Inc. announced it would stop production at its UK facilities. European Energy Crisis…
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