economics
Norway will deliver gas to Europe for as long as needed
Norway will continue to deliver natural gas to Europe for as long as needed while also working to decarbonize the continent's energy systems.
Italy's Eni wins second UK carbon storage license
Italian energy group Eni has won a second carbon dioxide storage license in Britain.
Asian spot LNG prices inch up as market eyes Australia strikes
Asian spot LNG prices inched up this week amid supply concerns as workers at Chevron's Australia LNG projects escalated industrial action and as feedgas intake at U.S. Freeport dropped below normal capacity.
Moldova's energy regulator fines Gazprom unit $1.9 MM
Moldova's energy regulator ANRE has fined a unit of Russia's Gazprom $1.9 MM for not complying with a requirement on the separation of gas transporting activities from those of a supplier.
Avenir LNG places LNG bunker trio with Wilhelmsen Ship Management
London-headquartered global energy supplier for small-scale LNG and gas carrier owner Avenir LNG Limited has awarded the management of three LNG bunker vessels to Wilhelmsen Ship Management.
EU's Simson calls for phase-out of imports of Russian LNG
The European Union must reduce Russian LNG exports and aim to phase them out completely.
Disagreements delay Russian gas hub plans in Turkey
Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it.
SOCAR Trading starts LNG trading in Singapore to capture Asian demand
Azerbajian's SOCAR Trading has begun LNG trading in Singapore to capture growing demand in Asia.
India issues tender for gas-fired power to address unusually high power demand
India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November.
Chevron LNG workers escalate strike action; fault at Australia plant hits output
Unionized workers at Chevron's Australian facilities escalated strike action, when simultaneously a fault at the energy major's Wheatstone plant was discovered that halted about a quarter of its liquefied natural gas production.
Malaysia's Bumi Armada inks deal for LNG development in Indonesia
Malaysia's Bumi Armada said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of LNG.
Freeport LNG feedgas intake cut for fifth day
Freeport LNG's natural gas intake at its plant in Texas fell to zero, marking a fifth straight day of operating well below capacity according to LSEG data and suggesting a persistent outage at the plant.
Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR
Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
The United States exported more LNG than any other country in the first half of 2023
The United States exported more LNG than any other country in the first half of 2023 (1H23), according to data from CEDIGAZ.
Freeport LNG gas intake remains well below capacity, at about 695 mcf
Freeport LNG's natural gas intake remained well below capacity for a fourth day, at about 695 million cubic feet.
Australia tribunal sets Sept 22 as date for Chevron LNG dispute hearing
The dispute between Chevron and workers at its two LNG in Australia will be heard by the industrial relations tribunal on Sept. 22, potentially offering a resolution to strikes which began last Friday.
North Africa will be Italy's key gas supplier for years, Eni top exec says
Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources said, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects.
Work delays behind Troll gas field maintenance extension, Equinor says
A planned maintenance outage at Norway's Troll field, Western Europe's largest, has been extended as scheduled work is taken longer than expected.
Feedgas flows to U.S. Freeport LNG drop sharply
Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and were still down for the third day in a row.
Tellurian drops equity-ownership condition for Driftwood LNG project
Tellurian Inc will sell LNG supplies to non-equity holders to bring its long-delayed Driftwood LNG project to fruition.
Russia's Gazprom to launch two Amur gas processing lines in 2024
Gazprom, Russia's largest natural gas company, plans to launch two more processing lines at the Amur gas processing plant early next year.
Chevron gambles on untested laws to halt Australia LNG strike action
Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone LNG facilities as unions prepare for full scale strikes.
EU has no immediate plans to ban Russian LNG, says Spain's Ribera
The European Union has no short-term plan to ban Russian LNG despite soaring imports to the bloc, Spain's energy minister said, citing fears of another price spike.
Strikes start at major Chevron Australia LNG projects, no talks planned
Workers at Chevron's LNG projects in Australia went on strike after talks broke down, potentially disrupting output from facilities that account for over 5% of global supply.
Asian spot LNG prices slip on tepid demand, Australia strike offers no support
Asian spot LNG prices inched down this week on tepid demand, even as supply concerns deepened after workers at Chevron's Australia LNG projects went on strike.
Spain relying on Russian gas as overall imports fall
Spain is increasingly relying on Russian natural gas even though its overall imports are falling.
German parliament passes bill phasing out oil and gas heating systems
Germany's lower house of parliament passed a bill on phasing out oil and gas heating systems after months of wrangling, but the watered-down bill means the sector's 2030 climate goal cannot be reached.
LNG suppliers pin hopes on China for long-term demand
Suppliers of LNG are betting on China to drive demand for the super-chilled fuel over the longer term despite last year's slowdown, as the country locks in multi-year supply deals.
JERA sees muted impact on LNG prices from potential strike in Australia
Japan's JERA, one of the world's biggest buyers of LNG, expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand.
Buoyant LNG industry bets it's in the energy mix for decades
The LNG industry has changed its tune from saying it is a transition fuel on the path to net-zero emissions, to believing it is an integral part of the solution and will be necessary for decades to come.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
