Regions

Analysis: U.S. gas surplus will be eliminated before end of winter 2024/25

U.S. gas inventories are near record highs for this time of year after exceptionally mild temperatures linked to the El Niño weather phenomenon slashed gas and electricity consumption for heating during the winter of 2023/24.

ADNOC signs third long-term Heads of Agreement for Ruwais LNG project

ADNOC has signed a 15-yr Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 600,000 metric tpy of liquefied natural gas (LNG).

Air Products announces successful performance test of AP-DMR LNG process tech for Coral South FLNG

Air Products announced that its dual mixed-refrigerant LNG process technology (AP-DMR™) and equipment has successfully passed performance testing at the Coral South FLNG facility offshore Mozambique.

Karpowership and Petrobras forge strategic alliance to enhance integrated natural gas projects in the Americas

Karpowership and Petrobras have signed a Memorandum of Intent to combine their respective expertise in the natural gas and power sectors to guarantee supply and meet the demand of the energy industry across the Americas.

API announces strategic partnership with the Brazilian Petroleum and Gas Institute

The American Petroleum Institute (API) has signed a memorandum of understanding (MOU) with the Brazilian Petroleum and Gas Institute (Instituto Brasileiro de Petróleo e Gás — IBP). This agreement formalizes an important alliance aimed at strengthening collaboration and technical exchanges between both organizations and our members.

Williams expects to win Energy Transfer dispute on Louisiana natgas pipe

U.S. energy firm Williams Co. said on Tuesday it still expects to overcome a pipeline dispute with rival Energy Transfer and complete its Louisiana Energy Gateway natural gas project in the second half of 2025.

Pakistan giant Engro looks to go global

Pakistan's largest conglomerate, Engro Corp., is looking to expand into new markets, including the Middle East, Central Asia and Africa, the chemicals-to-energy company's largest investor said on Tuesday.

Australia backs long-term gas drilling despite 2050 climate goals

Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net-zero carbon emissions by 2050, highlighting demand from key Asian trade partners.

Naturgy: Gas supply contracts with Algeria unaffected by any shareholding change

Spanish energy firm Naturgy said that its gas supply contracts with Algeria do not include any clauses that would be affected by changes to its shareholding structure.

U.S. power and natgas prices turn negative in Texas, California and Arizona

U.S. spot power and natural gas prices turned negative in Texas, California and Arizona for Tuesday as pipeline maintenance trapped gas in the Permian Shale in West Texas amid low demand for energy and ample hydropower in the West.

EU eyes Russia LNG transhipment ban, tighter control of sanction busting

The European Union is looking to enact harsher sanctions against Russia, including holding LNG owners more accountable for receiving Russian natural gas shipments.

Nigeria's Tinubu to commission gas infrastructure to boost domestic use

Nigeria's President Bola Tinubu will commission two gas processors and a key pipeline as part of ongoing moves to utilize the country's vast gas reserves and end routine flaring.

Iran, Pakistan seek ways to complete gas pipeline project

Iran and Pakistan are looking at ways to complete a long-delayed gas pipeline project between the two countries.

U.S. natgas flows to Freeport LNG in Texas rise to 2-mos high

The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-mos high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so.

Sinopec in talks with Pembina for LNG offtake of Cedar LNG project

China's Sinopec is in discussions with Pembina Pipeline Corp for a LNG offtake agreement and equity stake in the $4-B, 3-MMtpy Cedar LNG project in British Columbia, Canada.

Squamish Council rejects Woodfibre LNG's "floatel" amid safety/environmental concerns

The District of Squamish council voted to reject a 1-yr temporary use permit for Woodfibre LNG's use of a renovated cruise ship to house more than 600 workers.

Plug expands cryogenic sales with multiple customer agreements

Plug Power Inc., a global leader in comprehensive hydrogen (H2) solutions for the green H2 economy, has been awarded contracts to supply cryogenic equipment to a multinational industrial gas company and a statewide electric utility company.

Thiozen pilot successfully produces zero-emissions H2 from sour gas waste streams

Thiozen announced the success of an in-field pilot unit in the Permian Basin, the first-ever demonstration of a process to simultaneously de-sour natural gas and produce clean H2 for use by the energy industry.

U.S. stands to lose Canadian natural gas when LNG Canada terminal starts up

The startup of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high.

Japan aims for zero-carbon electricity generation

Over the last several years, the Japanese government has announced energy policies aimed to achieve carbon neutrality by 2050 by lowering emissions in the electric power, industrial, and transportation sectors.

Water treatment specialist SurfCleaner supplies Norwegian energy giant Equinor

Swedish firm SurfCleaner has delivered a full ATEX SCO 1000 system to Eqinor’s Kårstø processing plant in Nord-Rogaland, the largest of its kind in Europe.

ExxonMobil "optimistic and pushing forward" with Mozambique LNG project

ExxonMobil is "optimistic and pushing forward" with its delayed Rovuma liquefied natural gas (LNG) project in Mozambique and expects a final investment decision (FID) at the end of next year.

U.S. natgas prices jump 5% on higher demand forecast, lower output

U.S. natural gas futures jumped about 5% on Thursday on a continued drop in output and more demand next week than previously expected is forecasted due to an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants.

Gazprom plunges to first annual loss in 20 yr as trade with Europe hit

Kremlin-owned gas giant Gazprom revealed that it plunged to a net loss of 629 B roubles ($6.9 B) in 2023, its first annual loss in more than 20 yr, amid dwindling gas trade with Europe, once its main sales market.

HPLNG delays commissioning of Chhara LNG import terminal in India

HPLNG delays commissioning of Chhara LNG import terminal in Gujarat, India.

Texas operators turn to flaring amid weak gas prices

Operators drilling for oil in Texas are scrambling to dispose of excess natural gas amid a supply glut and weak prices, prompting a sharp rise in flaring requests.

ADNOC, G42 and Presight partner to accelerate AI solutions for the energy sector

ADNOC, G42 and Presight AI Holding Plc., an ADX publicly listed company, have announced a new shareholding structure for AIQ.

Ukraine hopes to boost winter gas storage for Europe by 60%

Ukraine hopes to store around 4 Bm3 of gas for foreign companies and traders this winter, up 60% from last year, despite Russian airstrikes on the country's energy infrastructure.

Shell exits China power market businesses, renews focus on natural gas

Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations, including its natural gas and oil businesses.

U.S. LNG exports fall in April for fourth straight month

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 MM metric t in April from 7.61 MM metric t in March on production outages, preliminary data from financial firm LSEG showed.