Regions
Europe's October LNG imports show rare increase, Asia's dip
Europe's imports of liquefied natural gas (LNG) rose in October for the first month in 10 while those in Asia dropped for the first time since June, but not by enough to stop the combined total from increasing.
New gas pipeline in Argentina promises more domestic supply
Argentine officials celebrated the formal kick off of a major natural gas pipeline on Monday, a project that will provide supply from the country's booming shale development to both homes and businesses as well as eventually allowing for exports.
Trump unlikely to undo Biden's IRA climate legislation, TotalEnergies executive says
French oil major TotalEnergies does not anticipate that Donald Trump would pull the U.S. out of the Paris Agreement on climate change or undo Inflation Reduction Act (IRA) legislation if he became U.S. president again.
Glenfarne selects Kiewit to build Texas LNG export plant
U.S. energy company Glenfarne Group LLC has selected construction contractor Kiewit to build its proposed Texas liquefied natural gas (LNG) export terminal in Brownsville, Texas.
Crown LNG executes final agreements to acquire Kakinada and Grangemouth LNG import terminal assets
Crown LNG Holdings Ltd., a leading provider of liquefied natural gas (LNG) liquefaction and regasification terminal technologies for harsh weather locations, has concluded two strategic acquisition agreements forming the basis of Crown LNG's entry into the global LNG infrastructure network: KGLNG and Grangemouth.
U.S. natural gas prices ease on forecasts for mild weather
U.S. natural gas futures fell on Monday on expectations that mild weather through mid-November would keep heating demand low, allowing utilities to build up gas storage for few more weeks.
Malaysia's Petronas to halt local NGV fuel supply next year on declining demand
Malaysia state energy firm Petronas will halt the domestic retail supply and sale of natural gas for vehicles (NGV) by July next year due to declining demand and to ensure safety of road users.
U.S. exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023
U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 MMt in 2023, up 135% since the U.S. began exporting ethane in 2014 and 17% more than in 2022, according to data from the U.S. Census Bureau.
Oman's OQ to list up to 49% stake in methanol, ammonia and LPG arm
Oman's OQ Base Industries, the methanol, ammonia and LPG arm of state-owned OQ, plans to list an up to 49% stake on the local stock exchange. The listing is part of a privatization program by state-owned energy group OQ to diversify its economy and cut its debt.
China's Sinopec signs agreement for 15-yr LNG deal with TotalEnergies
China's state oil and gas major Sinopec Corp said it has signed Heads of Agreement to buy from TotalEnergies 2 MMtpy of LNG a year for 15 yrs starting 2028.
ADNOC, AIQ developing first-of-a-kind agentic AI solution for global energy transformation
ENERGYai will combine large language model technology with cutting-edge ‘agentic’ AI – AI ‘agents’ that are trained in specific tasks across ADNOC’s value chain. These specialized AI agents bring a new level of autonomy and precision to critical tasks, from seismic analysis to energy efficiency and real-time process monitoring.
LNG producer Cheniere tops 3Q profit estimates, raises annual forecast
Top U.S. LNG exporter Cheniere Energy on Thursday raised its annual core profit forecast after higher demand for liquefied natural gas (LNG) helped it top 3Q estimates.
Japan's Mitsubishi sees LNG capacity growing to > 17 MMtpy in early 2030s
Japanese trading house Mitsubishi said it sees its liquefied natural gas (LNG) output capacity growing by 5 metric MMtpy to > 17 MMtpy early in the 2030s thanks to its stakes in projects including in Malaysia and Canada.
Russia's Oct. pipeline gas exports to Europe up 2.5% y/y
Russian energy giant Gazprom's average daily natural gas supplies to Europe in October edged up by 2.5% a year earlier and held broadly steady from September.
Woodside and Tokyo Gas in discussions over stake in U.S. LNG project
Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana (U.S.) liquefied natural gas (LNG) export project.
Cepsa becomes Moeve
Cepsa has announced its name change to Moeve, marking a historic milestone in the company’s transformation.
Equinor strengthens gas portfolio
Equinor has signed an agreement with EQT Corporation to acquire additional non-operated interest in the Northern Marcellus formation in the US. Equinor will pay $1.25 B to EQT in the transaction.
Hexagon Agility receives new wave of RNG fuel system orders for heavy-duty commercial trucks
Hexagon Agility, a subsidiary of Hexagon Composites ASA and the world's leading provider of renewable natural gas/compressed natural gas (RNG/CNG) fuel systems, has announced a new wave of orders valued at $4.3 MM.
U.S. LNG exports to increase at slowest pace since 2016
U.S. liquefied natural gas exports this year will increase about 2%, analysts estimate, the smallest annual increase since 2016 when the first big U.S. LNG export plant opened, launching a boom that drove the country's producers to the top of world gas exporters.
Gazprom subsidiary files $880-MM claim against Linde
A subsidiary of Russia's gas major Gazprom has filed a claim for 85.7 B roubles ($879 MM) against global industrial gases and engineering company Linde and its subsidiaries.
Russian shipyard delays ice-class tankers for Arctic LNG 2
Russia's Zvezda shipyard is again delaying delivery of ice-class Arc7 gas carriers for liquefied natural gas (LNG) plant Arctic LNG 2 to early 2025, in yet another blow for the country's huge energy project.
Britain's Centrica signs 10-yr U.S. gas deal with Coterra
British utility Centrica and U.S. producer Coterra Energy have entered into two gas sale and purchase agreements, which will reduce market risk in Centrica's liquefied natural gas (LNG) portfolio.
Archaea Energy, UGI start RNG plant in Pennsylvania (U.S.)
Archaea Energy, a subsidiary of bp, and UGI Energy Services LLC (UGIES), a subsidiary of UGI Corp., celebrate the start-up of their joint venture's renewable natural gas (RNG) plant in Hegins, Pennsylvania.
U.S. elections pose bearish risk to global LNG markets
The upcoming U.S. election could pose a bearish risk to global natural gas markets, specifically liquefied natural gas (LNG), despite the anticipated limited near-term impact on domestic markets.
Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
Linde Engineering has signed an agreement with NEXTCHEM to provide carbon capture technology to ADNOC's Hail and Ghasha project. Located in the United Arab Emirates (UAE), the project is one of the world’s largest offshore sour gas developments and aims to operate with net zero emissions.
JPMorgan looks to resume trading physical LNG
JPMorgan Chase is in talks to resume trading physical LNG after more than a decade. The bank has had talks with at least three projects under development in the Gulf Coast to get a long-term LNG supply.
QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq
QatarEnergy, one of the world's top suppliers of liquefied natural gas (LNG), said on Monday it had agreed to take a 50% stake in TotalEnergies' 1.25-gigawatt solar project in Iraq.
Cepsa to delay $3.3-B hydrogen projects if Spain's windfall tax made permanent
Spain's second-largest oil company Cepsa said it would delay investments worth €3 B ($3.25 B) in green hydrogen (H2) it had planned in the country's south if a temporary windfall tax on energy firms becomes permanent.
Sapphire Gas Solutions secures DOE approval for LNG export authorization
Sapphire Gas Solutions (Sapphire), a leader in liquefied natural gas (LNG), compressed natural gas (CNG) and renewable natural gas (RNG) solutions, has received approval from the U.S. Department of Energy (DOE) to export domestically produced LNG under a long-term, multi-contract authorization through 2050.
Russia's Novatek shuts down commercial operation at Arctic LNG 2 train
Russia's Novatek shut down commercial operations at the first and only operational train of its Arctic LNG 2 project earlier this month with no plans to restart it during winter.
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vaisala seeks to remove greenwashing from carbon capture with new measurement solution
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique