economics
Three firms vie for Indian gas firm GAIL's tender to buy into U.S. LNG project
India's largest gas distributor invited initial bids from companies as it seeks to buy equity in an existing LNG liquefaction project or a new project that would be commissioned by 2030 at the latest.
Europe's gas storage is draining, but prices reflect no urgency
Replenishing underground storage has become a central feature of Europe's gas market - and by extension, the international liquefied natural gas (LNG) market - ever since Russian pipeline flows collapsed following Moscow’s invasion of Ukraine nearly four years ago.
IEEFA launches LNG export tracker focused on North America
The just-launched North American LNG Export Tracker from the Institute for Energy Economics and Financial Analysis (IEEFA) visually tells the story of the LNG boom across the continent, export destinations and the impact on consumers.
India's LNG demand set to grow across industries—if prices cooperate
India is the world's fourth-largest buyer of LNG and is seeking to raise the share of gas in its energy mix to 15% by 2030 from the present 6.2%.
Opinion: Europe's offshore wind pact is a hedge against U.S. gas reliance
At the North Sea Summit on Monday, ministers from Britain, Belgium, Denmark, France, Germany, Iceland, Ireland, Luxembourg, the Netherlands and Norway signed an agreement to develop 100 gigawatts (GW) of offshore wind capacity in shared economic waters.
JERA signs winter LNG supply agreement with Woodside
JERA Co., Inc., Japan’s largest power generation company and leading global LNG player, announced today that it has signed a sale and purchase agreement (SPA) with Woodside Energy Trading Singapore Pte. Ltd. (Woodside) to secure liquefied natural gas (LNG) supply during Japan’s peak winter demand pe..
Japan's LNG imports fall 1.4% in 2025 to 64.98 million tons
Japan's liquefied natural gas (LNG) imports fell 1.4% in 2025 from a year earlier to 64.98 million metric tons, trailing China's 68.43 million tons, preliminary trade data from the Ministry of Finance showed on Thursday. China's LNG imports dropped to a three-year low in 2025, official data showed...
Global LNG supply set to jump in 2026, limiting prices and spurring demand
This year marks the start of a large wave of supply that analysts expect to last until 2029, depressing prices that could drive more demand from emerging economies.
Egypt says it paid $5 B to foreign oil partners, targets arrears cut
A foreign currency shortage forced Egypt to delay payments to international oil companies operating in Egypt, slowing investment and contributing to a drop in gas output that forced it to rely heavily on imports from 2022, whether from neighboring Israel or costly LNG cargoes.
European gas prices rebound on low storage levels, weak LNG flows
Dutch and British gas contracts rose on Tuesday morning, with attention again turning to gas storage, which is now half empty, weaker flows of liquefied natural gas (LNG), and the deterioration in the relationship between the U.S. and Europe.
Opinion: What excites and worries LNG exporters in 2026
The year 2025 in the LNG sector will be one for the history books after production and exports of the super-chilled fuel smashed records and raked in billions of dollars in revenues across the global liquefied natural gas supply chain.
Key U.S. energy, power trends at home and on world markets
Overseas, the U.S. is set to cement its position as the largest and most influential exporter of crude oil and natural gas, which continue to underpin a vast majority of global energy systems and generate massive earnings for the U.S. Treasury.
U.S. natgas futures edge up on record LNG export flows, colder forecasts
U.S. natural gas futures edged up about 1% on Monday on record flows to liquefied natural gas (LNG) export plants and forecasts for colder weather and higher heating demand over the next two weeks than previously expected.
European benchmark hits 7-week high on cold, low storage, geopolitics
Intensified geopolitical tensions on reports the United States is considering military and cyber options against Iran has raised the risk of potential disruptions to LNG supply chains.
Egypt, Qatar sign MoU to boost LNG sales and import cooperation
Egypt, the Arab world's most populous nation, has been trying to increase its own gas production and diversify import sources to meet its growing energy needs.
Hungary's Orban says U.S. intervention in Venezuela good for energy markets
U.S. President Donald Trump, Orban's ally, who has exempted Hungary from U.S. sanctions on Russian energy for the 2026 Hungarian election year, has made clear that he wants to share in Venezuela's oil riches.
Energy Transfer expects to spend up to $5.5 B in 2026 on natgas network
This follows the company's announcement last month to prioritize natural gas pipeline projects for their superior risk and return profiles, and move away from liquefied natural gas due to concerns of global oversupply.
Asia spot LNG prices edge up on South Korean demand
Asian spot liquefied natural gas prices edged up last week as forecasts for colder weather boosted demand in South Korea, but overall weak buying in China left prices down 34% since the start of 2025.
Five energy market trends to track in 2026, the year of the glut
This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russia in its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela.
Trinity Gas Storage reaches FID on Phase II expansion
The additional capacity is expected to be placed into service on August 1, 2026.
Russia delays LNG output target of 100 MMtpy due to sanctions
Russia's long-term plans to gain a fifth of the global LNG market by 2030–2035, from 8% currently, have been challenged by sanctions imposed over the conflict in Ukraine, including against the new Arctic LNG 2 plant.
Russia's pipeline gas exports to China seen up 25% this year
Russia has re-routed most of its oil to India and China since the start of the war in Ukraine in 2022 as Moscow and Europe - once its main commodity export market and source of revenue - severed ties.
Global LNG: Asia spot prices fall to 20-month low on weak demand
Asian spot liquefied natural gas (LNG) prices slipped to a fresh 20-month low this week, weighed by weak demand in the region and ample supplies.
Asia's imports of U.S. energy drop in 2025 despite Trump trade moves
The decline in imports from the United States is largely driven by China, the world's biggest buyer of commodities, which pulled back on purchases after Trump ramped up tariffs on U.S. imports of Chinese goods, with the current average rate around 47.5%.
Update: Venture Global hits back at Shell's fraud claims in LNG arbitration battle
The legal documents submitted in New York Supreme Court mark the latest development in a prolonged saga over Venture Global's claimed failure to deliver LNG under long-term contracts while selling on the spot market as prices soared after Russia's invasion of Ukraine.
Gazprom delivers first post-sanctions LNG cargo from Portovaya to China
Exports were suspended in February this year following the introduction of the U.S. sanctions over Ukraine to directly disrupt Russia's ability to produce and export LNG and reduce Russia's revenue from LNG exports.
U.S. natural gas prices surge 4% to 35-month high in cold snap
U.S. natural gas futures climbed about 4% to a fresh 35-month high as homes and businesses continued to crank up their heaters to escape a week of extreme cold, while flows to liquefied natural gas (LNG) export plants remained near record highs.
Opinion: U.S. LNG exports will shrink if margin squeeze intensifies
The U.S. became the world's biggest LNG exporter in 2023, surpassing Australia and Qatar. Exports from its eight main LNG terminals hit a record 12 Bm3 in November, a 20% rise from a year earlier.
YPF CEO sees green light for Argentina LNG project with Eni, XRG in mid-2026
Exports from the 12-MMtpy project phase involving Eni and XRG will likely start in 2030 or 2031, or four years from the potential FID in mid-2026.
The European countries most impacted by Russian gas phase-out
To help outline potential grounds for dispute among impacted countries, below is a breakdown of Europe's most gas-dependent nations and key regional gas import trends.
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- KBR awarded FEED for Coastal Bend LNG project
- Norway pipeline gas export down 2.3% in 2025, seen steady this year
