natural gas
China-U.S. climate progress could hinge on curbing of methane
This week's visit by U.S. climate envoy John Kerry to China after years of diplomatic disruptions could boost cooperation between the world's two biggest greenhouse gas polluters on the key issue of methane emissions.
U.S. natural gas prices ease to 3-wk low on rising output, less hot forecasts
U.S. natural gas futures eased about 1% to a fresh three-week low on rising output and forecasts for less hot weather over the next two weeks than previously expected.
EU considers gas imports from Argentina
The European Union is considering possible gas imports from Argentina, which is a net gas importer but plans to expand domestic production, a draft document showed.
Pakistan LNG gets bids to buy spot LNG from Trafigura, first in a year
Pakistan LNG Ltd received its first bids in a year to buy spot cargoes of liquefied natural gas from commodities trader Trafigura, to deliver two cargoes in January and February.
Asia spot LNG prices slip on muted demand, high EU stocks
Asian spot liquefied natural gas prices fell this week, as muted demand in Northeast Asia and high gas inventories in Europe continued to weigh on prices.
Ksi Lisims LNG chooses Siemens Energy for low-carbon electrical compression design
The Ksi Lisims LNG project has awarded Siemens Energy a contract to assist with designing the project’s liquefaction compression and associated electrical systems.
Shell on track for restart of Norway's Nyhamna gas terminal
Shell is on track to restart its Norwegian Nyhamna gas processing plant on July 15, which has been shut down since mid-May, the company said.
Sempra expects US to approve permit extension for Cameron LNG plant
Sempra Infrastructure likely will ask the U.S. Department of Energy for an export license extension for its Cameron LNG facility expansion, President Dan Brouillette said.
Algeria's Sonatrach says it honors all gas contracts with Spain -company chief
Algerian state energy producer Sonatrach has honored all gas contracts with Spain, whatever the circumstances, Chief Executive Tewfik Hakkar said.
Cheniere shunning Panama Canal for longer LNG routes to Asia
Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal.
Chinese cities raise residential gas prices after policy reform
Chinese cities have been raising residential natural gas prices in recent weeks after Beijing launched a new mechanism linking retail residential gas prices with distributors' fuel purchasing costs, a reform long sought by utilities.
Equitrans weighing options as court blocks U.S. Mountain Valley project
U.S. energy company Equitrans Midstream said it is evaluating all legal options, including an emergency appeal at the U.S. Supreme Court, after an appellate court halted construction of the West Virginia-Virginia Mountain Valley natural gas pipeline in the Jefferson National Forest.
U.S. natgas prices up 1% as hot weather boosts cooling demand
U.S. natural gas futures edged up about 1% to a one-week high on a drop in daily output and forecasts for hotter-than-normal weather to continue through late July, especially in Texas.
India's gas regulator pitches for building natural gas storage
India should build storage for natural gas to boost the use of cleaner fuel in the country and hedge against global price volatility, A. K. Jain, chairman of the Petroleum and Natural Gas Regulatory Board, said.
Vietnam receives first LNG cargo in bid to develop new power supply
State-owned PetroVietnam Gas said it had received a cargo of 70,000 metric tons of liquefied natural gas from Singapore-based Shell Eastern Trading, marking Vietnam's first ever LNG import.
Japan gas lobby looks to PM's Middle East trip for stable supply
Japan Gas Association Chairman Takahiro Honjo said he hoped that Prime Minister Fumio Kishida's planned Middle East trip this month will help Japan ensure stable supplies of liquefied natural gas and other fuels.
Shell warns of big drop in gas trading results
Shell, the world's biggest liquefied natural gas trader, said second-quarter gas trading results were expected to come in "significantly lower" quarter-on-quarter, though in line with the previous two years' second quarters.
Brazil's Eletrobras to sell gas-fired power plants
Brazilian power company Eletrobras has begun structuring a process to sell its gas-fired power plants, in line with a goal of reaching net-zero carbon emissions, it said.
Europe’s gas storage is filling too fast
Europe’s gas storage is filling more slowly after prices fell sharply in the first half of the year, but a further slowdown will be needed to prevent space running out before the start of winter 2023/24.
Svanehøj and Engie team up to enhance offshore LNG safety on FSRUs
LNG storage involves managing significant safety risks, but data on the behavior of LNG in Floating Storage and Regasification Units is lacking. Now, tank control system specialists from Svanehøj and energy researchers at Engie Lab Crigen have joined forces to develop more effective safety measures.
Weak gas prices worsen outlook for Gazprom's revenues from sales to Europe
Weak gas prices have lowered expectations for Gazprom's revenues, which the Kremlin-controlled energy giant generates from sales to Europe, according to analysts and Reuters calculations.
U.S. Dept of Energy grants export license to Gulfstream LNG
Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed liquefied natural gas export plant in Louisiana.
Venture Global LNG seeks approval to speed up plant construction
LNG developer Venture Global LNG asked U.S. regulators for expedited review of a request to add construction workers to its Plaquemines LNG export project and to allow work around the clock seven days per week.
U.S. natural gas prices up 2% on rising LNG feedgas, lingering hot weather
U.S. natural gas futures climbed about 2% as the daily amount of gas flowing to liquefied natural gas export plants increases, rising prices in Europe, and on forecasts for hotter-than-normal U.S. weather to continue through mid-July, especially in Texas.
Greek gas grid says 27 companies interested in booking future capacity
Greece has received interest from 27 U.S. and European companies in booking future capacity at its gas grid, which would allow them to import and export gas to Europe via the country in the coming decades, says grid operator DESFA.
Sinopec's first green hydrogen plant starts production in Xinjiang
China's Sinopec has begun producing green hydrogen at a plant in the western region of Xinjiang, the company said.
Centrica boosts UK gas storage for next winter, warns against complacency
British energy firm Centrica said it had increased storage capacity at the UK's largest gas storage facility to 54 bcf to help boost resilience next winter, warning gas markets remain volatile.
Russian piped gas exports to Europe up 3.6% m/m in June
Pipeline natural gas exports to Europe by Russia's Gazprom in June rose by 3.6% from May despite repair work on the TurkStream pipeline, according to calculations based on volumes supplied via Ukraine and TurkStream.
ADNOC awards Petrofac $700-mm EPC Project
Petrofac has been selected by the Abu Dhabi National Oil Company subsidiary, ADNOC Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.
TechnipFMC awarded significant iEPCI for OMV’s Berling gas development
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract by OMV AS for its Berling gas development project.
- 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
