Regions

Petrobangla to sign 10-year LNG deal with Oman Trading International

Bangladesh's state-owned company Petrobangla is set to sign a long-term supply deal for additional stocks of LNG from Oman Trading International, an official at Petrobangla said.

Uzbekistan to buy 2.8 bcm of Russian gas per year

Uzbekistan will start importing 9 mcm of Russian natural gas daily from Oct.1 under a deal it has signed with Russia's Gazprom, the Central Asian nation's energy ministry said.

thyssenkrupp pulls trigger on long-awaited IPO of hydrogen division Nucera

thyssenkrupp launched the long-awaited listing of its hydrogen division Nucera, suggesting its new chief executive intends to waste no time in reviving the fortunes of the embattled conglomerate.

U.S. grapples with how clean is green hydrogen

Signed into law last year, the Biden administration’s Inflation Reduction Act will plough almost $400 B into clean energy projects and a large part of that will finance a tiered subsidy for emission-free hydrogen production.

Norway gas output lower than planned due to Shell outage, Gassco says

Norway's overall gas production will be lower than planned in the coming weeks due to an extended outage at Shell's Nyhamna processing plant, gas infrastructure operator Gassco said.

Australia's AGL, Senex Energy sign big gas supply deal

Australian gas producer Senex Energy, owned by South Korean steel giant Posco, has entered into an agreement to supply 42 petajoules of gas to the country's top power producer AGL Energy, the companies said.

Edison opens 'strategic' hydrogen-ready power plant near Venice

Italian energy group Edison inaugurated a new lower-emissions gas power station near Venice which in the future should also run on a hydrogen-gas mix that should be even less pollutant.

Asian spot LNG prices rise to at 3-month high tracking European prices

Asian spot LNG prices reversed their multi-week downward trend and rose to a three-month high this week, tracking European gas gains and as high temperatures in north-east Asia increased cooling demand.

Japan's May LNG imports plunge on rising nuclear, healthy stockpiles

Imports of LNG to Japan fell in May by 20%, data from the Ministry of Finance showed, as rising nuclear power usage and ample stockpiles reduced purchasing needs.

Varo Energy acquires second biogas firm in 2023

European refiner and trader Varo Energy is acquiring biogas supplier Renewable Energy Services, its second deal this year in a sector which is expected to grow rapidly as economies seek to reduce carbon emissions.

Indonesia's PGN to supply gas to Lotte Chemical petrochemical plant

Indonesia's state-controlled gas company Perusahaan Gas Negara said it would supply natural gas to a petrochemical plant operated by a unit of South Korea's Lotte Chemical Corp .

Phillips 66 completes acquisition of DCP Midstream, LP common units

Phillips 66 and DCP Midstream, LP completed the previously announced acquisition by Phillips 66 of all the publicly held common units representing limited partner interests in DCP Midstream for $41.75 per common unit in cash at a total value of approximately $3.8 B, increasing its economic interest in DCP Midstream to 86.8%.

Spain's energy firms look to central Europe markets for green hydrogen deals

Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took a similar step.

Pakistan approves LNG purchase deal with Azerbaijan

Pakistan approved a LNG purchase agreement framework with Azerbaijan, its finance ministry said.

TotalEnergies buys $219-MM stake in LNG developer NextDecade

TotalEnergies will buy a 17.5% stake in U.S. liquefied natural gas developer NextDecade for $219 MM, the French group said, part of a broader deal to enable the Texas company's Rio Grande LNG export project to proceed.

Hydrogen hype meets hard realities for Tasmania's global ambitions

Hydrogen has been hyped as offering perhaps the greatest hope of a renewable energy to replace fossil fuels, and Australia's island state of Tasmania is lauded as one of the best places to develop the new industry.

Ren Portgás powers up for decarbonization with Synergi Gas Automated Model Builder

REN Portgás upgraded to Synergi Gas Automated Model Builder to prepare for the new energy mix as Portugal transitions to a more sustainable future.

CPGC and BASF accelerate onboard CO2 capture system development

CSSC Power Co., Ltd. and BASF have formed a solid cooperation to expedite the progress of onboard carbon capture system for commercial maritime applications.

Mitsui O.S.K. Lines enters strategic investment agreement with Delfin

Mitsui O.S.K. Lines announced that it has entered into a strategic investment agreement with Delfin Midstream Inc enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world.

Fuel gas blending: Follow the H2 signal

6/13/2023

In some cases, it may be practical to blend hydrogen (H2) into the local natural gas distribution network via an agreement with local utilities, but regardless of the strategy, blending must be carefully controlled. This article examines these challenges.

A sustainable solution to reduce Europe’s reliance on natural gas

6/13/2023

This analysis shows that Europe will need to reduce natural gas demand by 55 Bm3 this year alone to mitigate against a potentially colder winter, a possible end to Russian supplies or rebounding Asian demand. This comes at a time when Europe has little bandwidth for additional energy rationing without sustaining a steeper slowdown in economic activity.

Air Products’ AP-X LNG Technology and Equipment Selected for the North Field South Project

Air Products has been selected to provide its proprietary AP-X LNG Process technology and equipment to Qatargas for the North Field South Project in Ras Laffan, the State of Qatar.

Iraq to pay $2.76 B in gas and electricity debt to Iran

Iraq has agreed to pay about $2.76 B in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said.

Macquarie launches sale of Czech firm GasNet

GasNet, the Czech Republic's largest gas distributor, has been put up for sale by Macquarie Asset Management, newspaper Hospodarske Noviny reported, citing four unnamed sources.

Asahi Kasei and Mitsui to establish supply and procurement systems for bio-methanol

Asahi Kasei Corporation and Mitsui & Co., Ltd. will establish a supply and procurement scheme for bio-methanol produced in the United States.

Japan to invest $107 B in hydrogen supply over 15 years

Japan plans to invest $107.5 B over the next 15 years to supply the country with hydrogen, the government said, as it accelerates efforts to use the gas to shift to a low carbon economy.

LNG developer Venture Global spars with customers over cargoes

Venture Global LNG, which is building three multi-billion dollar U.S. liquefied natural gas processing plants, is sparring with two customers of its first project over mechanical failures that have prevented commercial deliveries a year after initial shipments began.

U.S. burns more natural gas as wind power drops, Canadian wildfires cloud solar

U.S. power generators were forced to burn more natural gas to produce electricity this week than usual as the amount of wind power dropped and smoke from Canadian wildfires blocked output from solar panels, according to U.S. and regional power data.

Asian spot LNG prices flat on limited demand, ample spot supplies

Asian spot liquefied natural gas remained flat this week at a two-year low, as ample spot supplies and limited buying activity kept prices steady in a range.

Enbridge sees Canada Woodfibre LNG export plant in service in 2027

Enbridge Inc's Woodfibre LNG partnership in British Columbia was on track to enter service in 2027, says Cynthia Hansen, president of gas transmission and midstream at the Canadian energy company.