natural gas
EU proposes permanent scheme for joint gas purchases
The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel.
Thailand regasification capacity to nearly double by 2030
Thailand's annual gas regasification capacity will nearly double by the end of the decade as LNG imports are set to rise to replace declining domestic production.
Global gas prices still seen volatile, even as Europe in a better position
Global gas prices are expected to remain volatile, even though Europe is better positioned heading into winter this year.
TES partners with Osaka Gas to develop large scale e-NG value chain
TES announced that it has entered into an agreement with Osaka Gas UK to jointly collaborate on developing the e-NG value chain and conduct joint studies on a wide range of e-NG1 related subjects.
Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production
Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.
Aliso Canyon to store more gas to prevent winter price spikes
California's utilities regulator raised the inventory level of Aliso Canyon natural gas storage to prevent price spikes seen last winter, while seeking to wean the state off the facility that in 2015 caused the biggest gas leak in U.S. history.
Talks to avert strike called as Chevron Australia LNG workers reject deal
Planned work stoppages next week at two of Australia's largest LNG facilities are scheduled to go ahead unless mediation can produce a deal after workers at Chevron rejected the company's offer on pay and conditions.
Eni, Snam set ambitions for Italy's first carbon storage project
The two groups joined forces last year to set up the first CCS project in Italy. The hub they plan to create in the Adriatic sea will store around 16 million standard tons of carbon dioxide each year, nearly half of the net annual emissions from the country's most carbon-intensive industries.
U.S. natural gas prices up 2% to 3-week high on output decline, hot forecasts
U.S. natural gas futures climbed about 2% to a three-week high on Friday on a drop in daily output and forecasts for continued hot weather.
LNG prices may spike in winter as risks remain, Tokyo Gas exec says
Prices of LNG could spike this winter even with high storage levels in Europe, a Tokyo Gas executive said, as many political and market uncertainties remain.
Canada's Altagas to buy natural gas assets from Tidewater for $650 MM
Canada's Altagas has agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure for $650 MM.
Asian spot LNG prices flat amid more certainty over Australia strike action
Asian spot LNG prices held steady this week as more certainty over potential strike action at LNG facilities in Australia kept buyers on the sidelines from seeking replacement cargoes.
Germany's gas imports fall 17.9% in year 2023 to August
Gas imports into Germany dropped 17.9% year-on-year in January-August 2023, utility industry association BDEW said, pointing to savings resulting from calls to conserve energy after last year's supply crisis.
Gazprom accounts for more than half of increase in China's gas imports
Alexei Miller, the chief executive of Russian gas giant Gazprom, said that the company accounts for more than half the increase in China's gas imports this year, without providing figures.
U.S. LNG projects win higher processing fees as interest rates climb
Long-term buyers of U.S. LNG are willingly agreeing to higher liquefaction fees at newer export projects.
Tanzania names new energy minister to oversee LNG development
Tanzania President Samia Suluhu Hassan named a new energy minister as part of a cabinet reshuffle, ahead of expected cabinet approval for a $42-B LNG project.
LNG imports from Russia rise, despite cuts in pipeline gas
European Union countries have increased their imports of liquefied LNG from Russia compared with before the Ukraine war, despite the EU's aim to quit Russian fossil fuels within a few years, an analysis by campaigners showed.
Prospect of strong El Niño weighs on U.S. gas prices
Rapidly forming El Niño conditions over the central and eastern Pacific Ocean have increased the probability of a strong episode this winter that would likely raise temperatures and cut gas consumption in the United States.
Sempra Infrastructure to develop carbon-neutral gas production and LNG supply chain
Sempra Infrastructure, a subsidiary of Sempra, announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company., Ltd. and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.
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.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
- U.S. LNG exports primed to jump as price arb to Europe opens wide
