LNG

Rising oil, gas and LNG demand draws global traders to India

As consumption growth slows in most major economies, trading firm executives told the India Energy Week conference that they see opportunities across crude, refined fuels and liquefied natural gas (LNG).

Freeport LNG in Texas (U.S.) to take in more gas after Thursday shutdown

Freeport is one of the world's most closely watched liquefied natural gas (LNG) export plants because the shutdown and startup of the facility have previously caused massive price swings in global gas markets.

U.S. LNG plants imported cargoes during winter storm as natural gas prices hit records

bp and Shell, which together own 90% of Trinidad and Tobago's flagship Atlantic LNG plant, brought gas from Trinidad to U.S. plants amid the freeze, LSEG data showed.

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.

TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project

Patrick Pouyanné, Chairman and CEO of TotalEnergies, met in Afungi with His Excellency Daniel Chapo, President of the Republic of Mozambique, and have announced together the full restart of Mozambique LNG project activities. This restart of project activities onshore and offshore follows the decisi..

India flags potential for investments of $500 B in its energy sector

India's energy infrastructure offers potential investment opportunities worth up $500 billion in the South Asian nation's quest to become independent in production of energy, Prime Minster Narendra Modi said. "We are moving away from energy security to energy independence ... There is a $500 billio..

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.

Galveston LNG Bunker Port, TOTE Services to advance LNG bunker vessel fleet on U.S. Gulf Coast

This partnership supports the expansion of the Jones Act LNG bunker fleet and domestic maritime capabilities while delivering cleaner, lower-emissions fuel across the Gulf Coast.

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%.

EU's Ribera warns of increasing dependence on U.S. LNG

LNG from the U.S. accounted for 58% of the EU's total imports in 2025, four times higher than in 2021.

Tanzania expects to sign $42-B mega LNG project before June

Tanzania expects to sign before June a deal for its stalled project to construct a $42 billion liquefied natural gas (LNG) plant, a senior government minister said, with production set to start in eight years' time. Equinor and Shell are joint operators of the mega gas project, which would unlock 4..

Glenfarne announces major Phase 1 Alaska LNG milestones, with construction, line pipe supply and gas agreements

Glenfarne Group, LLC subsidiary Glenfarne Alaska LNG, LLC (Glenfarne), majority owner and developer of the Alaska LNG Project, today announced a series of major advances that move Phase One of the Alaska LNG Project from development into early execution – focused on rapidly delivering reliable, affo..

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..

Darwin LNG resumes shipments with first cargo on Kool Blizzard tanker

Darwin LNG halted shipments in late 2023 as the plant's previous gas source, the Bayu Undan field in the Timor Sea, was depleting. It is now receiving natural gas from the Barossa oil and gas project, which is co-owned by Santos, South Korean energy company SK E&S, and Japan's JERA.

EU countries give final approval to Russian gas ban

Ministers from EU countries approved the law at a meeting in Brussels on Monday, although Slovakia and Hungary voted against and Bulgaria abstained.

When the U.S. freezes, the global LNG market catches a cold

Cold weather conditions in the U.S. can now lead to higher gas prices in Asia and especially Europe, which is heavily dependent on U.S. LNG after Russia slashed pipeline flows following its invasion of Ukraine in 2022.

XRG to increase stake in Rio Grande LNG

XRG to acquire a 7.6% stake in Trains 4 and 5 of Rio Grande LNG project, one of the world's largest LNG export facilities New investment builds on XRG’s initial 11.7% stake in Phase 1 of the project, including Trains 1, 2 and 3 Transaction further advances XRG’s strategy to build a top-tier glob..

Kinder Morgan beats quarterly profit estimates, stays bullish on natgas demand

U.S. midstream companies such as Kinder Morgan are benefiting from strong oil and gas production in the Permian Basin, record liquefied natural gas exports and rising power demand from artificial intelligence infrastructure.

Shell considers exit from Argentina's Vaca Muerta shale play

Shell has approached potential buyers for Vaca Muerta assets, sources say Shell's assets likely to be valued in billions of dollars, sources say European oil major among earliest backers of Argentine shale play Sale plans follow Shell's exit from Argentina LNG project Oil major Shell is ..

China to offer LNG futures as soon as next month

LNG futures to be listed on Shanghai Futures Exchange Contracts could shift market influence to China from West China's LNG imports forecast to rise 12% this year China is set to offer domestic-listed, yuan-denominated liquefied natural gas (LNG) futures contracts as soon as next month, p..

Inpex working on advancing Indonesia's Abadi LNG project to meet government request

Efforts underway to bring forward Abadi start from early 2030s In talks for large gas reserves in Australia to supply Ichthys Japan's Inpex is working to advance the start of its Abadi project in Indonesia to meet the government's request to speed up and has seen strong interest from Weste..

Europe set for record LNG imports in 2026

EU seeks to reduce reliance on Russian energy post-Ukraine invasion Global LNG supply to grow over 7% by 2026, led by North America Europe's LNG imports to hit 185 bcm in 2026, IEA forecasts Europe is expected to import a record amount of LNG this year with global supply also expected to ..

LNG tankers divert from eastbound route as Europe premium widens

Traders are cashing in on higher gas prices in Europe against Asia, diverting at least two liquefied natural gas tankers that were initially eastbound towards Europe and Turkey in the past week, shiptracking data showed. Falling temperatures in the northern hemisphere are boosting heating demand, l..

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...

Venture Global wins LNG arbitration case brought by Spain's Repsol

Venture Global has now won two of three arbitration cases brought by major energy firms Repsol's contract with Venture Global involves 1 million metric tons annually for 20 years Venture Global shares rose more than 17% in post-market trading after the announcement Venture Global said an ..

Vietnam to tweak rules to encourage LNG power plant development

Vietnam plans to adjust its rules on the government's guaranteed purchase of power from liquefied natural gas-fired plants as it seeks to revive interest from developers. The Southeast Asian country targets having a fleet of LNG-fired power plants with combined capacity of 22.5 gigawatts by 2030, b..

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.

Hanwha Ocean advances Newfoundland LNG project as part of broader CPSP-linked industrial partnership in Canada

Hanwha Ocean announced that it has signed a strategic Memorandum of Understanding (MOU) with Fermeuse Energy to jointly advance the Newfoundland and Labrador LNG development project in Canada. This collaboration underscores Hanwha's long-term industrial commitment to Canada, aligned with its partici..