Regions

Germany, EU to combine funding schemes to boost green hydrogen

Germany wants to combine its H2Global funding scheme to support green hydrogen with the new European Hydrogen Bank, the economy ministry said in a statement.

Global Energy Infrastructure launches Carbon Capture Storage projects database

To support the advancement and deployment of CCS, the new Global Energy Infrastructure Carbon Capture Storage database provides a comprehensive collection of information and data related to CCS projects worldwide.

Trinidad asks U.S. for changes to Venezuela gas project license

Trinidad and Tobago is requesting the U.S. government amend the terms of a license authorizing the joint development of a promising offshore gas field with Venezuela, the Caribbean nation's energy minister said.

Asian spot LNG prices slip for sixth straight week

Asian spot LNG prices fell for the sixth straight week to their lowest level in more than two years, while European LNG prices also declined on weak demand and high inventories.

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.

Tanzania to review approval of $42-B LNG project in June

Tanzania's government said it had completed negotiations with the investors of its $42-B liquefied natural gas project, with the agreements set to be reviewed for approval next month.

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.

Plug Power plans $6-B hydrogen projects in Finland

Plug Power Inc, a U.S. maker of hydrogen fuel systems, said it aims to build three plants in Finland costing some $6 B to produce green hydrogen and ammonia for the European market.

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.

Leadership changes announced at Gulf Energy Information

Gulf Energy Information (Gulf), a century-old provider of information to the global oil and gas and energy industries, has announced changes to its leadership structure, effective August 1, 2023.

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.

Asian spot LNG prices slide for fifth straight week on low demand

Asian spot liquefied natural gas prices have weakened for the fifth consecutive week on muted demand due to healthy stocks, remaining at their lowest level in two years.

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.