natural gas
U.S. natgas futures drop 4% on record output ahead of storage report
U.S. natural gas futures dropped about 4% on record U.S. output and rising exports from Canada.
Equinor says production at Hammerfest LNG to resume
Norway's Equinor plans to restart production at its Arctic LNG plant in Hammerfest after it was shut down due to a gas leak, the company said in a market message.
Equinor says leak at Hammerfest LNG plant stopped
A gas leak at Norway's Hammerfest liquefied natural gas plant has been stopped and normalization is underway, but it is too soon to say when production will resume, Equinor said.
Russia's Sibur switches to yuan for LPG settlements with China
Sibur, Russia's largest LPG exporter, in 2022 switched fully to conducting financial settlements with China in yuan, Russia's state news agency cited a top manager at the company as saying.
FERC approves TC Energy's US-Mexico North Baja natgas pipe expansion
Canadian energy company TC Energy Corp's North Baja Pipeline LLC unit has received permission from U.S. energy regulators to put the North Baja natural gas pipeline expansion in Arizona and California into service.
Equinor shuts Hammerfest LNG plant due to gas leak
Norway's Hammerfest LNG plant was shutting down due to a gas leak, a spokesperson for operator Equinor said, confirming an earlier police report.
U.S. natgas futures up 2% to 1-week high with warmer weather coming
U.S. natural gas futures rose about 2% to a one-week high on forecasts for warmer than normal weather in mid June that should boost air conditioning demand.
TotalEnergies and TES join forces to develop a large-scale e-NG production unit
Tree Energy Solutions is joining forces with TotalEnergies to study and develop a large-scale production unit in the United States for e-natural gas (e-NG), a synthetic gas produced from renewable hydrogen and CO2.
Eastward gas flows halt on Yamal-Europe pipeline
Eastward natural gas flows on the Yamal-Europe pipeline to Poland from Germany stopped after briefly resuming, data from operator Gascade showed.
QatarEnergy to sign long-term LNG supply deal with Bangladesh
QatarEnergy will sign a long-term LNG supply deal with Bangladesh's state-owned gas company Petrobangla, the second Asian sales deal to be sealed for Qatar's North Field expansion project.
U.S. natgas futures drop 4% on record U.S. output, lower demand forecast
U.S. natural gas futures dropped about 4% on record U.S. output and forecasts for milder U.S. weather and lower demand over the next two weeks than previously expected.
Biden, McCarthy debt deal would speed up Mountain Valley gas pipeline
U.S. energy company Equitrans Midstream Corp's long-delayed $6.6-B Mountain Valley natural gas pipeline could win federal approval as part of Washington's debt limit deal.
Cyprus wants shipping corridor to export natgas
Cyprus wants to establish itself as a gateway from east Mediterranean gas resources to Europe via a shipping corridor of LNG carriers.
Iraq says Iran blames reduced gas exports on 'technical' matter
Iran's foreign minister told his Iraqi counterpart that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry statement said, as the two countries try to resolve Baghdad's huge unpaid bills.
Mexico energy regulator gives natural gas 'clean' label, drawing criticism
A move by Mexico's energy regulator to declare some natural gas-fired power as "clean" drew criticism from environmental groups that say the change will not help the country reach its clean energy targets.
Venezuela, Trinidad to meet again in June to discuss Dragon gas project
Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas.
MOL Group signs acquisition of Szarvas Biogas Plant
MOL Group has agreed on a deal with BayWa AG on the purchase of Szarvas Biogas Plant, a waste processing plant using organic wastes to produce electricity and heat through cogeneration with a peak electric power capacity of around 4 megawatts.
PetroChina, bp awarded 20 year access to Europe's Gate LNG terminal
PetroChina International and energy giant bp have won a tender that will allow each to handle 2 billion cubic meters of gas annually for 20 years at Rotterdam's Gate terminal, the Chinese state firm's first long-term access to a European gas terminal.
Dutch benchmark wholesale gas falls to two-year low
The Dutch wholesale natural gas price for the month ahead fell to a two-year low morning, which could offer some relief to consumers and some businesses who have been paying high energy bills over the past year.
Four bidders vie for stake in Exxon LNG terminal in Italy
Four international groups are competing to buy ExxonMobil Corp's majority stake in a liquefied natural gas terminal offshore Italy.
U.S. natgas futures fall 4% to two-week low on lower demand forecast
U.S. natural gas futures fell about 4% to a two-week low on a collapse in global gas prices, record U.S. output, rising Canadian exports and forecasts for milder U.S. weather and lower than previously expected demand next week.
Air Products signs $1-B deal for processing facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
Higher inventories, output to weigh on U.S. natgas prices this summer
Ample storage levels, milder weather and a boost in production are likely to place downward pressure on US natural gas prices this summer, even as demand is seen reaching record levels.
Saudi Aramco to develop 400 mcf per day Iraqi gas field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said.
As gas reserves wane, Philippines faces rising costs in switch to LNG
With just four years before the Philippines' only gas field is set to run dry, the country has started importing liquefied natural gas, creating a fresh headache for a government struggling to curb high inflation.
China's main import gas pipelines
China, the world's third-largest gas buyer, imports the fuel in gaseous form via long-distance pipelines from three sources - central Asia, predominantly Turkmenistan, as well as Russia and Myanmar.
China prioritizing Turkmenistan over Russia in next big pipeline project
China is accelerating the building of a long-delayed Central Asian pipeline to source gas from Turkmenistan even as Russia pushes its own new Siberian connection, as Beijing juggles its energy security needs with diplomatic priorities.
Canada natgas exports to U.S. back at levels seen before Alberta wildfires
Canadian natural gas exports to the U.S. this week returned to levels seen before wildfires in Alberta and other western provinces over the past three weeks forced producers to shut oil and gas wells and cut the amount of fuel flowing in pipelines.
German gas group SEFE on track for 30% of LNG in 2023 supply portfolio
German gas importer and trader SEFE said liquefied natural gas was likely to make up 30% of its source of supply as the state-controlled company moves away from pipeline gas which Russia used to supply.
Ukraine has collected 9.3 bcm of gas for 2023/24 heating season so far
Ukraine is continuing to pump natural gas into underground storage facilities, collecting 9.3 billion cubic meters (bcm) for the 2023/24 heating season, Ukrainian energy ministry said.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
