LNG

Japan, EU agree to work on creating hydrogen demand and supply

Japan and the European Union agreed to work together on policies related to creating demand and supply for clean hydrogen as well as to cooperate in advancing technologies to develop the new fuel

Norway outage pushes European gas prices to highest this year

Norway's gas exports to Europe fell sharply on Monday as a shutdown of the offshore Sleipner hub halted operations at the Nyhamna onshore processing plant, pipeline operator Gassco said, lifting European prices to their highest level this year.

OPW separates into two business units: Clean Energy Solutions and Propane Energy Solutions

OPW announced that its OPW Clean Energy Solutions business unit will be divided into two distinct business units: the existing Clean Energy Solutions and the new Propane Energy Solutions.

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.

Proposed EU ban on Russian LNG transhipments pose no problems for Asia

Proposed new European sanctions targeting transhipments of Russian liquefied natural gas (LNG) are unlikely to impact Asian buyers, Kadri Simson, European Commissioner for Energy.

Sponsored: Performance improvements offer longer maintenance-free service for LNG assets

The hidden dangers of corrosion under insulation (CUI) span the oil and gas industry from upstream operations to midstream infrastructure to downstream applications, including the production of liquified natural gas (LNG).

Tokyo Gas seeks more U.S. natural gas assets

U.S. / LNG

Japan's top city gas supplier Tokyo Gas is looking to add more U.S. natural gas assets, its president said on Monday, as it aims to expand its gas-related businesses in North America after its recent acquisition of a U.S. shale gas producer.

U.S. LNG exports rise in May as Freeport LNG returns to production

U.S. / LNG

U.S. exports of liquefied natural gas (LNG) rebounded in May as Freeport LNG, the country's second-largest exporter of the superchilled gas, returned to full production and as more supplies flowed to Asia.

Extreme Asian heat spurs LNG demand ahead of summer months

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.

Woodside gets $1 B in funding for Scarborough LNG project

Woodside will receive $1 B in funding for its flagship Scarborough LNG project from state-owned Japan Bank for International Cooperation.

Chevron Australia says full LNG production resumed at Gorgon facility

Chevron has resumed full liquefied natural gas (LNG) production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.

Malaysia's Petronas Q1 profit falls on high costs, lower LNG prices

Malaysia's state energy firm Petronas, or Petroliam Nasional Berhad, reported a near 11% decline in first-quarter net profit on Friday due to higher operating costs and lower realized prices across its businesses.

Morocco to tender for floating LNG terminal

Morocco plans to launch a tender this summer to build a floating liquefied natural gas (LNG) terminal in the northeastern Nador West Med port.

Australia's Wesfarmers to sell LPG, LNG distribution businesses

Wesfarmers will sell its liquefied petroleum gas (LPG) and liquefied natural gas (LNG) distribution businesses to Supagas and Clean Energy Fuels Australia, respectively, for an undisclosed sum.

Southeast Asia's $220-B gas expansion plans to boost power/LNG capacity

Southeast Asia has more than $220 B in projects that could raise Southeast Asia's gas-fired power capacity by more than 100 GW, doubling the current level, and raise LNG imports into the region by 80%.

India's Adani Total considering building more plants in India for LNG import

Adani Total Pvt Ltd, a joint venture between India's Adani Group and France's TotalEnergies, is considering building more plants in India to import LNG to meet the growing demand for the cleaner fuel.

Argentina government unblocks key Petrobras gas shipment amid supply cuts

Argentina's government, facing domestic gas shortages and targeted service cuts, has unblocked the unloading of a key Petrobras gas shipment, which it added should stabilize local supply.

U.S. natgas prices slide 3% on rising output, high stockpiles

U.S. natural gas futures slid about 3% on Wednesday on signs some drillers were starting to pull more gas out of the ground and worries about the tremendous oversupply of gas still in storage.

Congo Brazzaville becomes an LNG exporting country

After years of either declining or stable domestic natural gas production, the Republic of the Congo began exporting LNG for the first time when the first phase of a two-phase FLNG project began operating in February 2024.

Hess shareholders sign off on $53 B sale to Chevron

Hess shareholders approved the proposed $53 B merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival ExxonMobil's massive Guyana discoveries.

Aethon Energy to buy Tellurian upstream assets for $260 MM

Aethon Energy will acquire Tellurian's upstream assets for $260 MM and purchase 2 MMtpy of LNG from its Driftwood LNG plant, the companies said on Wednesday.

UK's National Grid seeks buyer for Europe's biggest LNG terminal

British energy infrastructure operator National Grid said it is looking to sell its Grain liquefied natural gas (LNG) terminal in Britain, Europe's largest such facility, in a bid to streamline operations.

Finland’s Gasgrid has sold 95% of 2024 LNG terminal capacity

The LNG terminal operated by Gasgrid in Inkoo has already sold 95% of its reservation capacity for this year.

Energy Transfer expands Permian presence with $3.25-B acquisition of WTG Midstream

Energy Transfer said it will buy WTG Midstream Holdings in a deal valued at about $3.25 B, the latest acquisition in the midstream sector aimed at expanding transportation and processing network in the Permian Basin.

Asian spot LNG prices at five-month high on firm demand, geopolitical risks

Asian spot liquefied natural gas (LNG) prices surged to a five-month high, marking the fourth consecutive week of gains.

Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause

Energy Workforce responds to U.S. Energy Secretary's testimony on LNG export permit pause

U.S. natgas prices jump 6% to 4-month high as rising LNG feedgas boosts demand

U.S. natural gas futures jumped about 6% to a four-month high on Wednesday on lifted forecasts for weekly demand and as more gas was flowing to liquefied natural gas (LNG) export plants with flows to Freeport LNG’s plant in Texas up to an 11-month high.

Australian natural gas industry seeks policy repairs to boost investment

Australia's natural gas industry executives are seeking more measures to restore an investment environment they say has been damaged by a series of state interventions to boost domestic supply and curb soaring energy prices.

JERA warns of switching investment from Australia unless it gets govt support

Japan's top power generator JERA warned on Thursday it could consider fuel purchases and investments in Asia, the Middle East and the U.S. if Australia does not provide sufficient financial support.

Youth climate-change lawsuit targets Alaska LNG project

Eight young Alaska residents sued the state on Wednesday seeking to block a major natural gas project, the latest in a string of climate-change related lawsuits by youths arguing that government policies promoting fossil fuels violate their rights.