natural gas

Germany's Stade LNG terminal to receive first vessel

Germany's LNG terminal in the Elbe river port of Stade expects its first floating regasification vessel to arrive, the state-appointed manager of regasification terminals said.

Germany builds up LNG import terminals

Germany's Elbe river LNG port at Stade expects its first floating regasification vessel to arrive, shortly after the first arrival of LNG at the Baltic Sea terminal of Mukran.

Venture Global LNG asks U.S. energy regulator to keep documents confidential

LNG exporter Venture Global LNG delivered to U.S. regulators a proposed protective order seeking to keep documents on the construction of a Louisiana export facility confidential.

U.S. natgas prices rise 8% on larger-than-expected storage withdrawal

U.S. natural gas futures rebounded from an early two-week low to gain about 8% after a weekly report showed a larger-than-expected storage withdrawal.

TC Energy to sell Prince Rupert pipeline project to Ksi Lisims LNG partners

TC Energy has agreed to sell its Prince Rupert natural gas pipeline project to two partners in Ksi Lisims LNG, a proposed Canadian export terminal.

bp in talks with Venezuela and Trinidad governments to develop gas field

bp Venezuela confirmed they are in talks with Trinidad and Tobago government to develop a shared offshore gas field in the Caribbean.

Technip Energies and GE Vernova drive UK's net-zero with gas power and carbon capture project

Technip Energies, leader of a consortium with GE Vernova, and construction partner, Balfour Beatty, received a Letter of Intent from bp, on behalf of NZT Power Limited for the execution phase of the Net Zero Teesside Power in the UK.

U.S. natural gas prices firm as investors await storage report

U.S. natural gas futures gained, having hit their lowest in more than two weeks earlier, as investors awaited a weekly storage report that is expected to show a much smaller-than-usual storage withdrawal on lower heating demand.

Europe gas prices set to fall amid high storage levels throughout 2024

Gas prices in Europe could fall as low as US$6.70 per MMbtu in the summer as the mild winter will see storage levels remain above 55% according to a new report by Wood Mackenzie.

Europe's record gas stocks amid mild winter raise energy security, policy questions

Europe is expected to end the winter with a record amount of gas in storage due to mild weather and increased wind generation, impacting energy prices and highlighting the importance of policy measures for future supply security.

Technip Energies, JGC, and NPCC got limited approval for ADNOC’s Ruwais LNG Project in the UAE

Technip Energies, leader of a joint venture with JGC and NPCC, have received a Limited Notice To Proceed from ADNOC to commence early engineering, procurement and construction activities at the Ruwais low-carbon LNG project, located in Al Ruwais Industrial City, Abu Dhabi.

Israeli gas producer NewMed says ADNOC buy-in offer on hold

A $2-B offer by Abu Dhabi's national oil company and to buy a 50% stake in Israeli gas producer NewMed has been put on hold due to uncertainty in the region.

JERA to conduct trial of co-firing ammonia at coal power plant from March to June

Japan's top power generator, JERA, plans to co-fire 20% of ammonia with coal at its Hekinan thermal power station, in what it said will be the world's first trial using a large amount of the gas at a major commercial plant.

Softer spot LNG prices see demand gain, contrast with contract pain

Lower spot prices for LNG in Asia have yet to drive a significant boost in demand for the super-chilled fuel, although there is an increase in appetite from price-sensitive buyers such as India and China.

Ukraine starts checking LPG from EU, fearing Russian supply

Ukrainian energy customs have started inspections of imported LPG produced in the EU by blending components, fearing that some of them may have come from Russia.

China's Unipec wants say in Venture Global LNG's extension request

Chinese state-owned energy trader Unipec asked U.S. regulators for a chance to intervene in a request from LNG developer Venture Global LNG to extend the commissioning period for its Louisiana export project.

U.S. propane exports established a new record in December 2023

U.S. propane exports averaged a record 1.9 million bpd in December 2023, the highest since the U.S. EIA began collecting this data in 1973.

EQT to buy Equitrans Midstream in bid to boost natural gas margins

Top U.S. natural gas producer EQT Corp said it agreed to buy Equitrans Midstream in an all-stock deal that values its former pipeline unit at about $14 B including debt, as companies look to navigate decade-low prices for the commodity.

Freeport LNG's feedgas usage falls again

Feedgas intake at the second largest U.S. LNG plant has fallen by almost half over the last week

NextDecade targets Train 4 final investment decision at Texas (U.S.) LNG facility in H2 2024

NextDecade said it was targeting a final investment decision and plans to start construction of the fourth liquefaction train at its Rio Grande LNG facility in Texas by the second half of 2024.

ADNOC issues early EPC award for Ruwais LNG Project

ADNOC announced that it has issued a Limited Notice to Proceed for early engineering, procurement and construction activities to a joint venture, led by Technip Energies, with JGC Corporation and National Petroleum Construction Company PJSC for its low-carbon LNG project in Al Ruwais Industrial City, Abu Dhabi.

Major European energy companies ask U.S. regulators to deny Venture Global LNG's permit extension

Top European energy companies asked U.S. regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana (U.S.) export plant.

Japan spot LNG contract price for February not disclosed

The average contract price for spot LNG cargoes for shipment to Japan last month was not disclosed by state-owned Japan Oil, Gas and Metals National Corporation.

Shell's LNG, gas and power trading boss Hill to move on

Shell's head of LNG, natural gas and power trading Steve Hill is leaving the company.

LNG Canada expansion to be decided by 2025

Royal Dutch Shell and its partners building a massive LNG export terminal in Western Canada will decide by 2025 whether to double its capacity, the head of the project said.

Dominion Energy announces closing of sale of Ohio (U.S.) natural gas distribution company

Dominion Energy, Inc., announced closure of the sale of its Ohio natural gas utility – The East Ohio Gas Company – to Enbridge Inc. for approximately $6.6 B, including assumed indebtedness and adjusted for customary closing items.

U.S. natgas prices drop 6% to one-week low on small storage withdrawal, mild weather

U.S. natural gas futures dropped about 6% to a one-week low on an expected much smaller-than-usual storage withdrawal last week when warmer-than-normal weather kept heating demand low.

EU energy regulator adds to pressure on Germany over gas tariff

European Union energy regulators added to growing pressure on Germany over Berlin's levy on cross-border gas trading, which some countries say puts the EU's energy solidarity at risk and hurts efforts to cut reliance on Russia.

Nigeria announces reforms to lure oil and gas investment

Nigeria will offer tax credits and streamline contracting processes for new oil and gas projects, the Information Minister said, in a move by Africa's top energy producer to attract much-needed investment.

U.S. natural gas pipeline accidents pose big, unreported climate threat

Accidental pipeline leaks – caused by things like punctures, corrosion, severe weather and faulty equipment - happen routinely and are a climate menace that is not currently counted in the official U.S. tally of greenhouse gas emissions, according to an examination of public data and regulatory documents.