natural gas
Russia's pipeline gas exports to Europe fall 44% to lowest in decades
The EU has said it will cease importing Russian gas by the end of 2027, as part of its effort to overcome the bloc's dependency on Russian energy and to withhold funds that could be used for its military campaign in Ukraine.
Verra releases new module for carbon capture and storage
Verra has released a new module for use under the methodology VM0049 Carbon Capture and Storage in the Verified Carbon Standard (VCS) Program. This module, VMD0062 Capture from Natural Gas Processing, v1.0, enables projects to quantify the greenhouse gas emission reductions resulting from the perman..
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'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.
SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM
SOCAR already owns the Petkim petrochemical complex and the STAR oil refinery in Turkey, and the acquisition further expands the company's footprint in the country's energy sector.
Israel approves natural gas deal with Egypt, Netanyahu said
Israel has approved a deal that will supply natural gas to Egypt, Israeli Prime Minister Benjamin Netanyahu said, describing it as the country's largest-ever gas deal.
bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit
O'Neill, who will take over in April following the abrupt exit of Murray Auchincloss, becomes bp's first external CEO in its more than century-long history and the first woman to lead any of the world's top five oil majors.
KBR’s methanol technology selected by Fikrat Al-Tadweer for the first biomethanol plant in Saudi Arabia
KBR announced that it has been awarded a contract for its PureMSM green methanol technology by Fikrat Al-Tadweer for a pioneering biomethanol plant in Saudi Arabia for transforming landfill-gas into clean fuels. KBR’s PureM solution is designed for commercial-scale deployment with a low cost of ren..
Freeport LNG export plant in Texas reports shutdown of liquefaction train
U.S. LNG company Freeport LNG said one of the three liquefaction trains at its LNG export plant in Texas shut on Tuesday, according to regulatory filings.
Sandpiper Chemicals selects Air Water Gas Solutions as ASU provider for blue methanol facility
Sandpiper Chemicals, LLC announced that it has selected Air Water Gas Solutions Inc. as its presumptive industrial gases supplier for its Texas City, Texas (U.S.) blue methanol facility. Air Water will design, build and operate a purpose-built air separation unit to provide oxygen, nitrogen and ins..
NNPC: Explosion hits Nigeria's key Escravos-Lagos gas pipeline
The blast was reported near the Tebijor, Okpele and Ikpopo communities in the coastal Delta state. Initial checks showed a pressure drop consistent with a loss of containment on the pipeline
CNPC: China's natural gas demand seen up 5% in 2026
The 5% growth forecast marks a rebound from this year when China's apparent gas consumption dipped 0.3% year-on-year during the first 10 months and imports of liquefied natural gas (LNG) fell 16% during the same period.
Florida’s Manatee County advances $50-MM RNG project
Nopetro Energy and Johnson Controls have partnered with Manatee County to develop a $50-MM renewable natural gas (RNG) production facility that will convert landfill waste into clean fuel for local trucks and buses.
Boom Supersonic unveils 42-MW gas turbines to power AI data centers
Boom Supersonic, best known for developing its next-generation supersonic airliner, has entered the energy market with the launch of Superpower, a 42-MW natural gas turbine designed to supply reliable power for energy-intensive AI data centers.
GE Vernova expects 80 GW of gas turbine contracts by year's end
As U.S. power demand reaches record highs due to the proliferation of energy-intensive data centers supporting artificial intelligence (AI) initiatives, demand for turbines and other equipment to produce electricity from natural gas has increased.
Update: Saudi Aramco to export first condensate from Jafurah gas plant in February
The $100-B Jafurah project, estimated to contain 229 Tsft3 of raw gas and 75 Bbbl of condensate, is central to Aramco's ambitions to become a major global natural gas player and boost its gas production capacity.
Azerbaijan’s SOCAR and Hungary's MVM sign new gas supply deal
Azerbaijan's gas has been increasingly in focus since gas exports from Russia to Europe collapsed in the wake of Moscow's invasion of Ukraine in February 2022 and subsequent Western sanctions.
Nigerian oil firms strike flare-gas deals to curb emissions, boost energy
Nigeria holds Africa's largest proven gas reserves and is betting on gas to drive industrial growth and cut emissions.
Morocco to launch nation's first deepwater LNG import terminal in 2026
Morocco will open a new deepwater Mediterranean port next year and another on the Atlantic in 2028, Equipment and Water minister Nizar Baraka said, as the North African country aims to replicate the success of Africa's largest port, Tanger Med. Nador West Med, under construction on the Mediterranea..
EnerMech awarded pre-commissioning scope from Bechtel for Woodside’s Pluto LNG 2 facility
EnerMech has secured a contract from Bechtel Corporation to deliver chemical cleaning services for the Woodside Energy operated Pluto Train 2 LNG development in Karratha, Western Australia. The award strengthens the firm’s position as a trusted provider of pre-commissioning solutions and builds on i..
JGC celebrates handed over second production train to LNG Canada
JGC Holdings Corporation has announced that JGC Corporation, together with its joint venture partner Fluor Corporation, has successfully completed and handed over Train 2, including all construction area of the LNG Canada project.
Hungarian energy group MVM prepares to phase out Russian gas, if needed
The European Union agreed on Wednesday to phase out Russian gas imports by late 2027 as part of an effort to end the bloc's decades-long energy dependency on Moscow, with short-term pipeline gas contracts affected from as soon as June 2026. Landlocked Hungary opposes the move, and said it would challenge the legislation at the EU's Court of Justice.
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.
Aramco's Jafurah gas plant (Phase 1) begins output
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said. Jafurah is potentially the biggest shale gas project outside the U.S. and is expected to reach sustainable production of..
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.
Turkey extends Russian gas imports for a year as it plans U.S. investment
Turkey is Russia's last major natural gas market in Europe after years of war-related Western sanctions on Moscow. It imports a total of 22 Bm3 of gas under the Gazprom contracts that expire at the end of the year, amounting to less than 40% of Turkey's overall gas mix, down from more than 50% in 2018.
Updates on buildup of Germany LNG import terminals
Germany has been putting import terminals for liquefied natural gas (LNG) into operation as part of its efforts to replace piped Russian gas following Moscow's invasion of Ukraine in 2022.
Opinion: High and rising natural gas costs may spur fresh climb in U.S. coal use
Between January and March of this year, U.S. gas prices jumped by a third due to a cold snap and strong LNG exports, which in turn sparked higher U.S. coal-fired power generation as utilities cut costs by burning cheaper coal instead of gas.
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Emerson’s new tank monitoring hub optimizes inventory management and operational efficiency
- Mitsubishi to inject $260 MM into Brunei LNG project
- Golden Pass LNG revises EPC contract for Trains 2 and 3
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
