economics
German gas trading hub to sell up to 37 TWh of gas from storage
Germany's gas market trading hub, Trading Hub Europe, is planning to start selling the first volumes of gas stored under a government mandate agreed in 2022, when it was tasked with ensuring sufficient supplies as flows from Russia dwindled.
U.S. denies Repsol's request for Venture Global LNG approvals
The U.S. Department of Energy rejected for a second time oil major Repsol SA's request to reopen regulators' approval of Venture Global LNG's Calcasieu Pass export plant in Louisiana.
North Dakota (U.S.) natgas output hits record high in September, flaring edges up
Natural gas production in North Dakota rose to a record 3.440 bcfd in September from an all-time high of 3.313 bcfd hit in August, while gas flaring also edged up.
Seaside LNG announces new LNG bunkering operation in Galveston, Texas (U.S.)
Seaside LNG and Carnival Corporation & plc have entered into a term bunkering agreement to fuel the first LNG propelled cruise ship to call Galveston, Texas its homeport, the Carnival Jubilee.
Snam to invest $1.1 B in Ravenna offshore LNG terminal
Italian gas grid operator Snam will invest a total of $1.1 B in a new LNG offshore terminal near Ravenna.
TotalEnergies CEO says gas market volatility to remain until new supply arrives
The Chief Executive of French energy giant TotalEnergies said that the LNG market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.
Egypt expected to resume LNG exports in December or January
Egypt is expected to resume exports of LNG in December or January as domestic demand declines during winter and as it receives more gas from Israel.
bp, Edison, Shell ask U.S., EU to intervene in Venture Global LNG dispute
bp, Edison and Shell pressed a U.S.-EU energy group to intervene in a dispute with LNG exporter Venture Global LNG over the U.S. firm's failure to deliver contract supplies of the fuel.
Uptick in LNG demand in Asia, Europe insufficient to drive prices
Rising demand for LNG in the top importing regions of Asia and Europe hasn't been enough to spark an increase in spot prices, which continue to languish.
BKV, EnLink start first carbon capture project in Texas (U.S.)
Energy firms BKV and Enlink Midstream said the first injection of carbon dioxide at a carbon capture and storage facility in Texas was completed ahead of schedule.
LNG export capacity from North America is likely to more than double through 2027
EIA expects North America’s LNG export capacity to expand to 24.3 Bcfd from 11.4 Bcfd today as Mexico and Canada place their first LNG export terminals into service and the United States adds to its existing LNG capacity.
Naturgy gets top Spanish court's nod to mothball gas plants
Spain's Supreme Court on Friday gave power utility Naturgy the green light to temporarily close five gas plants, more than half a decade after it first asked the country's authorities to do so.
Asia spot LNG prices fall amid full inventories, warmer weather
Asian spot LNG prices fell this week as full inventories and warm weather helped mitigate concerns over new U.S. sanctions on Russia's Arctic LNG 2.
Spain's gas imports fell 8.3% in October as gas storage remains full
Spain's natural gas imports fell 8.3% in October compared to the same month a year earlier as the country's gas storage remains at full capacity.
Top LNG importer China re-selling more cargoes, eyes trading gains
China, the world's top importer of LNG, is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings.
U.S. working with allies over sanctions on Russian Arctic LNG project
The U.S. is working closely with partner countries over sanctions on a Russian LNG project in the Arctic as a January deadline looms on a wind-down of transactions with the plant.
Russia says it won't ditch plans to boost LNG output due to U.S. sanctions
Russia will not abandon its plans to increase LNG production to 100 MMty because of U.S. sanctions.
Electrical incident curtails LNG output at Chevron's Gorgon facility
An "electrical incident" last month has curtailed the output of LNG at Chevron's Gorgon facility in Western Australia.
Environmental group urges U.S. not to extend license for Tellurian Inc LNG plant
The Sierra Club environmental group urged the U.S. energy regulator to reject a request by LNG developer Tellurian Inc for a three-year extension to complete construction of its $25-B LNG export facility.
Mideast conflict dims prospect of more Egyptian LNG exports to Europe
The prospect of the EU receiving more LNG from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports form Israel.
Spain's gas imports fall 12.4% in September from same month a year ago
Spain's natural gas imports fell 12.4% in September compared to the same month a year earlier.
TC Energy beats third-quarter profit estimates on high LNG demand
Pipeline operator TC Energy on Wednesday beat third-quarter profit estimates, as it gained from higher demand for LNG.
BlackRock to invest $550 MM in Occidental's carbon capture project
BlackRock Inc, the world's biggest money manager, will invest $550 MM in Occidental Petroleum Corp’s direct air capture plant in West Texas, the two companies announced.
New Fortress sees first LNG from Mexico Altamira export plant by end Q4
U.S. energy company New Fortress Energy said on Wednesday it expects to produce first LNG at its Altamira export plant in Mexico by the end of the fourth quarter.
Regulators call for natural gas supply protections after 2022 winter power outages
U.S. energy regulators on Tuesday urged lawmakers to fill a regulatory blind spot to maintain reliable supply of natural gas during extreme cold weather that was highlighted by an inquiry into power outages during Winter Storm Elliott in December 2022.
Germany's winter gas storage full, ready for cold
Germany has completely filled its winter gas storage and could start withdrawing volumes this month if the weather turns cold.
Japan says to ensure U.S. sanctions on Russia LNG project won't harm supplies
Japan will make sure its energy supplies are not affected by sanctions the United States recently imposed on the Arctic LNG 2 project in Russia in which it has a stake.
Regulators say loss of Everett LNG terminal threatens New England energy reliability
A possible loss of the Everett Marine LNG terminal can jeopardize the reliability of New England's energy supply during extreme cold weather.
Decarbonizing energy solution set for Saltend Chemicals Park, Humberside, UK
A pioneering decarbonizing energy plant generating clean gas for industrial use is set for deployment at Saltend Chemicals Park, Humberside
TES and Tokyo Gas partner to advance hard-to-decarbonize sectors with e-NG
Tree Energy Solutions and Tokyo Gas Co., Ltd. announce that they have signed an agreement to explore and develop e-NG supply chains globally as part of efforts to foster the global energy transition and the roll out of e-NG.
- bp ships first cargo from Indonesia’s expanded Tangguh LNG facility
- Saudi Aramco looking at additional investments in LNG
- Venture Global seeks to commence some service at Louisiana Calcasieu LNG plant (U.S.)
- U.S. working with allies over sanctions on Russian Arctic LNG project
- Singapore LNG to develop country's second LNG terminal
