economics
How China is plugging energy supply gaps left by U.S.-Iran conflict
China secured roughly half of its total imports of crude oil, refined fuels, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from the Middle East in 2025.
U.S. natgas hits 17-month low on mild weather, ample stockpiles
Analysts projected that mostly mild weather so far this spring has allowed energy firms to inject more gas into storage than usual, boosting inventories to a forecast 5.3% above normal levels during the week ended April 10, up from 4.8% above normal during the week ended April 3.
Iran ceasefire eases fears but LNG sector left scarred
A Middle East ceasefire signals de-escalation, but the conflict has scarred the global LNG industry, denting confidence in Gulf suppliers and raising doubts among Asian buyers, particularly poorer countries, over the fuel’s reliability and affordability, a top industry executive said.
Morocco gas plan reset could open door to new investment models
Morocco’s decision earlier this year to pause elements of its long-anticipated LNG import strategy marks less a delay than a strategic reset – one that reflects both shifting global market dynamics and a more pragmatic approach to infrastructure development.
Caturus’ wellhead-to-water strategy achieves major milestones in upstream and LNG development
With commercialization finalized, the launch of the financing process with lenders is set to begin as the company advances the project toward a final investment decision (FID) anticipated in the coming weeks.
Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction
Brazilian state-run oil firm Petrobras has delivered liquefied petroleum gas auctioned off at high prices, even after President Luiz Inacio Lula da Silva said the government would annul it to protect consumers from fuel spikes.
Saudi Aramco and Sonatrach raise LPG prices for April by between 38% and 80%
Saudi Arabia's state oil producer Saudi Aramco and Algeria's Sonatrach have raised official selling prices for liquefied petroleum gas in April by between 38% and 80% due to limited global supply, traders said. The war in the Middle East has led to the largest energy supply crisis in decades, pushi..
Iran war is both a boost and a threat to Australia's LNG
The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.
Vingroup proposes scrapping LNG-powered plant plan for renewables amid Iran war
Vingroup, the country's largest conglomerate by market capitalization but a newcomer to the energy sector, declined to comment.
Shell warns Australia against taxing LNG windfall profits
Australia became the world's second-largest LNG supplier after Iranian strikes forced Qatar to halt production, with its export revenue set to surge due to lower supply caused by the conflict.
EU urges countries to start filling gas storage early amid Iran war
In a closed-door meeting, the Commission repeated that there is no immediate threat to EU gas supply but encouraged governments to act to counter soaring prices.
Iran war deals harder blow to natural gas than oil
Key gas infrastructure - liquefaction plants in particular - is more complex and expensive to build and repair than the oil equivalent. That means oil refineries can often resume operations more quickly than liquefied natural gas export hubs after a shutdown.
UAE's ADNOC Gas adjusts LNG output in response to shipping disruption
The gas subsidiary of ADNOC, Abu Dhabi's state oil firm, said it made temporary adjustments to its production of liquefied natural gas and export-traded liquids in response to ongoing shipping disruption in the Strait of Hormuz. The U.S.-Israeli war on Iran escalated sharply over the weekend after ..
Iran's giant South Pars gas field at the center of Gulf war escalation
The reservoir contains an estimated 1,800 Tft3 (51 Tm3) of usable gas - enough to supply the world's needs for 13 years.
Is Europe's gas demand recovery derailed or just dented by Iran crisis?
To help analysts and industries grappling with this issue, here are some key data points and trends on Europe's gas use by utilities and industry that may provide useful guideposts on the region's true demand potential.
India to boost coal use for summer power as Mideast crisis hits LNG supplies
New Delhi typically pushes power plants to ramp up generation during the April–June summer months, including costly gas-fired generation, to meet surging electricity demand and subsidises the cost for companies to shield customers from higher prices.
Iran war causes major oil, gas disruptions
The U.S.-Israeli war on Iran and Tehran's attacks on Gulf neighbors have disrupted oil and natural gas exports from the Middle East and forced production stoppages.
Russia gets export boost from Iran war as price of oil to India surges
The Iran conflict, now in its seventh day, has left the Strait of Hormuz, a critical shipping chokepoint, all but shut, cutting countries off from a fifth of global oil and liquefied natural gas (LNG) supplies.
bp seeks at least $3.7 B from Venture Global arbitration
The remedies sought by bp include damages ranging from $3.7 B to potentially in excess of $6 B, as well as interest, costs and attorneys' fees.
Slovakia amends Gazprom gas contract, seeks to raise Russian imports before EU ban kicks in
EU gas prices have jumped 50% this week after Qatar halted liquefied natural gas exports following U.S. and Israeli strikes on Iran and Tehran's retaliation.
QatarEnergy offers 10 LNG tankers for lease amid production halt, soaring shipping rates
Qatari Energy Minister Saad al-Kaabi told the Financial Times it would take "weeks to months" to return to normal deliveries, even if the war ended today.
Thailand to boost fuel reserves, bids to secure LNG amid Iran crisis
Thailand's Prime Minister Anutin Charnvirakul convened a meeting of energy agencies on Thursday as fears grew over supply if the war with Iran disrupts global shipment, spurring Bangkok to raise fuel reserves and rush to secure energy supplies.
There is little U.S. LNG producers can do to immediately replace lost Qatari cargoes
While almost double the 10 Bft3d Qatar was forced to remove from the market on Monday after a wave of attacks, American export plants are running nearly full tilt with most cargoes locked into long‑term contracts.
Gas giant QatarEnergy throttles LNG supply by declaring force majeure
The move means global gas markets will experience shortages for weeks even in the unlikely scenario the conflict ends today, as Qatar supplies 20% of global liquefied natural gas.
Venture Global announces 500,000-tpy LNG purchase agreement with Trafigura
Venture Global and Trafigura announced the execution of a new, binding agreement for the purchase of approximately 0.5 million tons per year (MMtpy) of U.S. liquefied natural gas (LNG) from Venture Global for five years commencing in 2026. This mid-term agreement offers greater flexibility to custom..
U.S. LNG developers sign highest volume of sale and purchase contracts since 2022
U.S. LNG sale and purchase agreements from perspective projects. U.S. developers signed sale and purchase agreements (SPA) for 40 million tons per annum of liquefied natural gas (LNG) in 2025 from planned export facilities, according to U.S. Department of Energy (DOE) and company website data. Th..
Europe's skimpy gas storage under scrutiny as Qatar halts LNG flows
A combination of new gas storage rules, high natural gas prices, above-normal winter temperatures and subdued regional economic activity prompted Europe's gas storage operators to deplete stockpiles to well below normal this winter.
India eyes alternative energy supplies amid Strait of Hormuz disruption
Shipping through the Strait of Hormuz between Iran and Oman, which carries around a fifth of oil consumed globally as well as large quantities of gas, has ground to a near halt after vessels in the area were struck as Iran hit back after U.S. and Israeli strikes.
Iran war could reopen EU debate over Russian gas, Norway says
European gas prices have jumped 75% this week, hitting multi-year highs as hostilities in and around Iran have impacted gas exports from the Gulf.
Asia scrambles for LNG as Qatar halts output due to Iran war
Government officials and company executives in Japan, Taiwan, Bangladesh and Pakistan said they did not expect an immediate impact as some cargoes due this month had already arrived, but they would diversify their import sources and buy liquefied natural gas (LNG) from the spot market if the war drags on.
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
