natural gas

Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates

Chevron's two major LNG production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labor action in a dispute over pay and conditions.

Japan's Eneos, Osaka Gas study building large e-methane facility in Osaka

Japan's top refiner Eneos and city gas supplier Osaka Gas said they have begun a joint study of construction of an e-methane facility with capacity to produce 60 million cubic meters of the fuel per year.

India cuts prices of cooking gas as inflation bites

India cut the price of cooking gas for households on Tuesday by about 18% to rein in inflation ahead of crucial state and general elections.

U.S. natural gas prices slide 2% ahead of demand destroying Florida hurricane

U.S. natural gas futures slid about 2% with a major, demand-destroying hurricane expected to hit Florida on Wednesday and forecasts for less hot weather and lower gas use next week than previously expected.

Chevron LNG workers in Australia allow union to call for strike

Supplies from Chevron's LNG facilities in major exporter Australia could be disrupted after the last batch of its workers voted to authorize their unions to take industrial action if necessary.

Ukraine builds up 14 bcm of gas in storage ahead of winter

Ukraine has built up around 14 bcm of gas in its storage facilities and does not plan to import gas in the 2023/24 heating season.

bp urges more gas and oil investment while speeding energy transition

Global oil major bp said the world must invest in the production of gas and oil to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.

Asia LNG loses some strike froth, but fundamentals are supportive

Spot prices of LNG retreated in Asia as the threat of imminent strike action at three Australian plants eased, but solid fundamentals are keeping prices elevated for future deliveries.

Asian spot LNG prices fall as Woodside averts strike

Asian spot LNG prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.

Power outages in parts of UAE's Sharjah due to technical fault at gas plant

Parts of Sharjah, one of the United Arab Emirates neighboring Middle East trade hub Dubai, are suffering power outages due to a technical fault at a gas plant.

U.S. power system gets gasier, but not much cleaner, in 2023

U.S. power producers increased output of electricity from natural gas by more than from clean power sources in the opening eight months of 2023, as electricity firms grappled with low wind speeds and heavy demand from power-hungry air conditioners.

Gazprom's first LNG cargo via Arctic destined for China's Jingtang

An LNG cargo from Russia's Gazprom being sent via the Northern Sea Route for the first time is destined for the Chinese port of Jingtang.

Czech government agrees to buy main gas storage firm from RWE

The Czech government has agreed to buy the main Czech gas storage company RWE Gas Storage CZ from Germany's RWE to bolster energy security after Russia's invasion of Ukraine.

Cheniere Corpus Christi, Texas, LNG export plant gas flows reduced

The amount of natural gas flowing to U.S. energy company Cheniere Energy's Corpus Christi LNG export plant in Texas was on track to decline, a day after Tropical Storm Harold hit South Texas.

Energy Transfer seeks new LNG export license after extension denied

Pipeline operator Energy Transfer requested a new and expedited export license for its proposed Lake Charles, Louisiana, LNG plant, according to a filing with the U.S. Department of Energy.

China LNG buyers expand trading after adding more US, Qatari contracts

China's LNG gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market.

TotalEnergies and INPEX to buy 100% of Timor Sea gas field interest from PTTEP

TotalEnergies has teamed up with INPEX to acquire 100% of the interest in the AC-RL7 permit in the Timor Sea from PTTEP.

Asian buyers may seek U.S. LNG if Australia worker disputes worsen

Major Asian buyers of LNG could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate.

Cheniere Energy strikes LNG supply deal with BASF

Cheniere Energy said it would supply 800,000 tpy of LNG to Germany's BASF.

Tennessee natural gas pipeline declares force majeure due to fire

Kinder Morgan unit Tennessee Gas Pipeline declared force majeure due to an explosion and fire caused by equipment failure at a compressor station near Centerville in Hickman County.

U.S. natural gas groups oppose federal plan to eliminate methane leaks

U.S. natural gas trade groups on Wednesday opposed federal pipeline regulators' proposed methane leak detection rules to address the climate-change crisis.

Hungary will receive LNG from Qatar starting in 2027

Hungary can begin to receive shipments of LNG gas from Qatar in 2027, said Hungarian Foreign Minister Peter Szijjarto.

Russia's Arctic-2 LNG set to start production during 2023

Russia's Arctic-2 LNG project, in which China's CNOOC Ltd holds a 10% stake, is proceeding as planned with first phase to start operation during this year, senior company executives said.

EU gas storage reaches 90% target ahead of Nov. 1 deadline

Gas storage in the European Union has already reached 90% well ahead of a Nov. 1 deadline to reach the level, the European Commission said.

Poland's Orlen, Gaz-System sign gas deal for planned terminal

Poland's Orlen has signed a contract with state-owned pipeline operator Gaz-System for the regasification of up to 58 LNG cargoes per year at a planned floating gas terminal.

Asian spot LNG prices rise to 5-month high on Australian strikes risk

Asian spot LNG prices rose this week to the highest level in five months, as the risk of possible industrial action at some Australian LNG facilities raised concerns over supply.

Spain's gas imports fall 20% in June from year ago, less Russian gas

Spain's natural gas imports fell 20% in June from a year ago to an equivalent of 28,622 gigawatt-hours, government data showed.

U.S. natural gas futures rise as traders brace for storage report

U.S. natural gas futures rose in the run up to a federal report expected to show a smaller than usual storage build last week as hotter weather boosted cooling demand.

Worker disputes at Australian LNG producers roil global gas market

Woodside Energy Group and U.S. major Chevron are locked in a dispute overpay and job security with about 700 workers at four facilities in Australia that produce more than a tenth of the world's LNG.

Woodside, unions remain at odds over wages at Australia's largest LNG facility

Woodside Energy said "positive progress" was being made on wage disputes at Australia's largest LNG facility even as a union alliance said key differences remained ahead of further talks.