Regions
Tokyo Gas to spend $1.4 B on renewable power at home and abroad
Japan's Tokyo Gas is shifting its overseas focus to renewable energy and away from regional upstream gas projects as it seeks to combat climate change, its president said, although it will invest in LNG.
Germany welcomes construction of hydrogen-ready pipeline with Italy
German Chancellor Olaf Scholz said he is pleased that Italy and Germany have agreed to push ahead with work on the construction of a new pipeline to transport gas and hydrogen between the countries.
Europe's gas prices stabilize as storage additions slow
Europe’s gas storage is refilling much more slowly than usual as the drop in prices encourages more consumption by industrial users and power generators while diverting LNG cargoes to Asia.
U.S. natural gas futures slip after bigger-than-expected storage build
U.S. natural gas futures eased into a narrow range after a government report showed a bigger-than-usual storage build last week, overshadowing support from forecasts for warmer weather.
S&P Global seeks feedback on new LNG forward month price assessment
Platts, part of S&P Global Commodity Insights released a consultation note for a new liquefied natural gas (LNG) price assessment for cargoes delivered a month after the front-month JKM benchmark.
Despite China heatwave, weak factory demand curbs LNG imports
An ongoing heatwave in China is boosting power demand for cooling, but tepid industrial demand and record high coal inventories are keeping prices at two-year lows and limiting spot LNG imports.
Increased U.S. renewable and natural gas generation likely to reduce summer coal demand
The EPA forecasts the largest increases in U.S. electricity generation this summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online, according to their June Short-Term Energy Outlook.
Trinidad to restart idled LNG unit by early 2027 amid restructuring
Trinidad and Tobago aims to restart an idled liquefied natural gas unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.
U.S. natural gas climbs as hot weather outlook boosts power demand prospects
U.S. natural gas futures climbed more than 2% to a one-week high, as forecasts for warmer weather bolstered the demand outlook for the fuel to cool homes and businesses.
U.S. natgas down 2% on lower flows to LNG export plants, mild weather
U.S. natural gas futures fell about 2% on lower gas flows to liquefied natural gas plants due to maintenance, forecasts for milder weather and less demand over the next two weeks than previously expected and a drop in global gas prices.
Russia's Sakhalin invites India and China to tap energy resources
The local governor of Russia's Pacific island of Sakhalin has invited companies from India and China to tap the region's energy resources following the departure of European and American oil and gas majors.
Technip Energies selected by RWE for first phase of Stallingborough Carbon Capture CCGT Project in the UK
Technip Energies and its partner GE Gas Power have been selected by RWE Generation UK plc to perform a pre-FEED study for a new, decarbonized natural gas-fired Combined Cycle Gas Turbine plant with a fully integrated carbon capture facility.
IMI Critical Engineering completes first pilot test for green hydrogen generation
IMI Critical Engineering has successfully completed its first field test for the generation of green hydrogen using its new IMI VIVO polymer electrolyte membrane electrolyzer.
Monthly U.S. propane exports in March 2023 reach a record high
U.S. propane exports reached a record 1.7 million bpd in March 2023, the highest level since the EIA began collecting this data in 1973.
Roseville, California converts organic waste into renewable fuel for solid waste trucks
The City of Roseville, California has embarked on a groundbreaking initiative to decrease greenhouse gas emissions and minimize landfill waste by powering its trash and recycling fleet with renewable natural gas derived from the digestion of organic waste.
Bangladesh power cuts may last two more weeks on fuel shortages
Bangladesh could face power cuts for two more weeks, its power minister said, as higher electricity consumption because of rising temperatures has caused a fuel shortfall for generation plants.
Hungary buys 100 mcm of gas from Azerbaijan
Hungary's state-owned energy group MVM has agreed to buy 100 mcm of natural gas from Azerbaijan's state energy firm SOCAR, Hungarian Foreign Minister Peter Szijjarto said on his Facebook page.
U.S. natural gas futures jump 5% on low wind power forecasts, soaring global prices
U.S. natural gas futures soared 5% on forecasts for low wind power, warmer weather and higher air conditioning demand over the next two weeks than previously expected, rising exports to Mexico and a jump in global gas prices.
U.S. natural gas up 2% on forecast for more demand, record exports to Mexico
U.S. natural gas futures rose about 2% on forecasts for more demand over the next two weeks than previously expected and record exports to Mexico.
Russia's Taman port set to suspend LPG exports over drone danger
Russia's Black Sea port of Taman is poised to suspend exports of highly-explosive liquefied petroleum gas because of concerns linked to drone attacks.
U.S. LNG exports fall in May on lower output and changing demand trends
U.S. exports of liquefied natural gas fell in May to 7.66 million tons from a record 8.01 million tons in April as plant maintenance curbed some output and weaker prices in Europe cut flows to the region, shipping data showed.
Galp eyes final decision on green hydrogen plant this year
Portugal's oil company Galp hopes to take the final investment decision on its first 100-megawatt green hydrogen unit by year-end, but still needs to clarify some regulatory and tax issues, a company official said.
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.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
