Regions

Turkmenistan rebukes Russia over 'gas union' comments

Turkmenistan warned Russia against trying to extend its influence over the Central Asia-China natural gas supply chain after Moscow said more countries could join its "gas union" with Kazakhstan and Uzbekistan.

U.S. natural gas futures rise as heat wave lingers

U.S. natural gas futures rose as hotter-than-normal weather kept cooling demand high, with consumption set to rise further into next week.

U.S. appeals court rejects challenge to Mountain Valley pipeline

A U.S. appeals court rejected a challenge to federal approvals for the Mountain Valley Pipeline, in a decision that likely ends legal fights over the construction of the $6.6 billion natural gas project led by Equitrans Midstream.

LNG's calm veneer stripped by Australia strike threat

The comfort that had characterized natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian LNG plants.

Indonesia's long-delayed major gas projects

A recent ownership shakeup at two major Indonesian gas projects has injected renewed hope in the country's upstream gas sector, as the country hopes to tap into its rich hydrocarbon resources amid global energy transition, but barriers remain.

Australia regulator clears way for strike vote at Chevron LNG plants

Australia's labor regulator cleared the way for strike action at Chevron's Wheatstone and Gorgon LNG facilities if workers vote in favor of such a step, fueling concerns the country's exports could be cut.

Asian LNG spot prices inch up as market eyes Australian strikes

Asian spot LNG prices inched up this week as the prospect of possible industrial action at Australian LNG facilities sparked fears it would fuel competition between Asian and European buyers for cargoes.

U.S. natural gas falls 5% on bigger storage build, drop in European prices

U.S. natural gas futures fell more than 5% on a slightly bigger-than-expected weekly storage build and a pullback in European gas prices.

Pavilion Energy, CNOOC complete first bunker delivery to LNG-powered VLCC

Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first LNG ship-to-ship bunker operation for a very large crude carrier at China's Guangzhou port.

German gas storage operators seek supply boost until 2026/27

Germany must boost gas supply security in the coming four winters after it was cut off from Russian pipeline exports last year, gas storage operators group INES said.

Chevron, Woodside in talks to avert Australian LNG strikes

Chevron and Woodside Energy Group are holding talks with unions to avert threatened strikes over pay and conditions at facilities that together supply about 10% of the LNG market.

Nigeria LNG's force majeure declared in October to continue

Nigeria LNG said the force majeure it declared in October due to widespread flooding that disrupted supply is continuing.

ADNOC Gas awards $3.6-B contract to expand UAE gas processing

State oil giant Abu Dhabi National Oil Company's gas unit, ADNOC Gas, said it awarded a $3.6-B contract to expand its gas processing infrastructure in the United Arab Emirates.

Dana Gas receives $80 MM from Iraq's Kurdistan region

United Arab Emirates energy firm Dana Gas said it had received $80 MM from the Kurdistan Regional Government in Iraq, which for over a decade has sometimes struggled to make payments on time.

Defying war risk, European traders store gas in Ukraine

European gas traders have begun storing natural gas in Ukraine to take advantage of lower prices and available capacity there, regardless of the risks from the ongoing war, three traders and company officials said.

Norway approves connection of Western Europe's largest LNG plant to grid

Norway has approved a plan to connect Equinor's Hammerfest LNG plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition.

New Fortress to start operations of second, third Fast LNG units in 2025

New Fortress Energy Inc said the second and third production units of its Fast LNG were under construction and it expects operations to begin in the first quarter of 2025.

Venture Global LNG blasts complaints over lack of LNG cargoes

Venture Global LNG on Monday lashed out at some customers signed up to take LNG cargoes from a Louisiana export facility, claiming they "have chosen to misrepresent confidential long-term contracts."

Egypt's natural gas production declines and power cuts bite

Egypt's natural gas production fell to a three-year low in the first five months of 2023, figures from the Joint Organisations Data Initiative show, raising questions about the country's efforts to position itself as a regional energy hub.

German environmental group sues private LNG terminal in Lubmin

A German environmental group said it had filed a lawsuit against a privately operated LNG terminal on the Baltic coast, saying it causes noise pollution and is too small to be exempted from environmental permits.

Suez Canal tugboat sinks after collision with LPG tanker

A Suez Canal tugboat sank and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was largely unaffected, the canal authority said.

U.S. natural gas prices up 1% on hot forecasts, strong air conditioning demand

U.S. natural gas futures edged up about 1% on Friday on forecasts for the weather to remain hotter than normal through mid-August, keeping air conditioning demand extremely high, especially in Texas.

U.S. natural gas exports to Mexico hit monthly record in June- EIA

U.S. natural gas pipeline exports to Mexico averaged around a record of 6.8 bcfd in June, driven by hot weather which increased demand in Mexico's electric power sector, according to the Energy information Administration.

Nigeria's Tinubu hails significant new gas-fired power plant

Nigeria began construction of a 1,350 megawatt gas-fired power plant near its capital Abuja, the first major project under President Bola Tinubu, who promised to improve erratic electricity supply and spur sluggish economic growth

Asian LNG spot prices ease slightly as demand remains tepid

Asian spot LNG prices fell slightly this week, as demand in the region remained weak.

Nigeria turns to natural gas for fuel as petrol prices rise after subsidy removal

Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices rise sharply, angering motorists and businesses that use petrol to generate their own power.

ConocoPhillips signs 20-year LNG supply deals with Mexico Pacific

ConocoPhillips has signed 20-year deals to receive a collective 2.2 million tons of LNG a year from Mexico Pacific's Saguaro export facility, the U.S. oil and gas producer said.

Japan's nuclear restarts this year to accelerate LNG import decline

Kansai Electric Power's plans to relaunch the last idle reactor at its flagship nuclear plant, capping a year-long series of restarts, will mark an energy shift in Japan with the sharpest drop in LNG imports since the Fukushima disaster.

India's GAIL close to finalizing Qatar LNG purchase deal

GAIL Ltd is close to finalizing a long-term liquefied natural gas import deal with Qatar to buy at least 1 million metric tons per year, potentially for more than 20 years, three industry and trade sources said.

Cheniere tops earnings estimates despite weaker LNG prices

Top U.S. liquefied natural gas exporter Cheniere Energy Inc reported second-quarter earnings that topped Wall Street forecasts, and raised its full-year profit outlook.