Regions
G7 climate ministers drop language on growing LNG demand in draft
Climate ministers of the Group of Seven countries have backtracked for now on earlier language touting growing future demand for LNG, instead noting there may be "considerable uncertainty" for consumption.
Russia's Novatek asks government to cut taxes for Yamal LNG
Russia's Novatek has asked the government to grant its key Yamal LNG project a deferral of additional profit tax for 2022 while simultaneously cutting its rate.
India extends transmission fee waiver for green hydrogen plants
India has extended a waiver of transmission fees for renewable power to hydrogen manufacturing plants commissioned before January 2031, as it aims to become the world's cheapest producer of the fuel.
U.S. associated natural gas production will likely grow through 2050
In U.S. EIA's Annual Energy Outlook 2023, natural gas production from oil formations, known as associated natural gas, grows across most cases through 2050, continuing a long-term trend.
G7 climate ministers consider endorsing new gas investments
Climate ministers of the Group of Seven countries may make the case for new investments in natural gas supply, despite assessments that such investments would thwart globally agreed climate change goals.
Japan's Octopus Energy unit aims to increase renewables in energy source mix
The Japanese arm of British energy supplier Octopus Energy aims to add more renewable energy to its supply mix because it provides a more stable purchasing price compared with the liquefied natural gas it now relies on.
Sinopec to build China green hydrogen transmission pipeline
China's Sinopec, will build a pipeline to transfer hydrogen from renewable energy projects in China's northwestern Inner Mongolia region to cities in its east.
Hawaiʻi Gas issues request for proposals for renewable natural gas and renewable hydrogen
Hawaiʻi Gas, the state’s only regulated gas utility, issued a request for proposals to purchase RNG and renewable hydrogen, key resources that will enable the company to shift away from its reliance on fossil fuel.
Japan aims to boost hydrogen supply to 12 million tons by 2040
Japan is to revise its hydrogen strategy by the end of May with an ambitious target to boost annual supply to 12 million tons by 2040 as competition increases in the global market for the fuel.
Energy firms bet big on German port as clean energy hub
Germany's only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 B to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas.
Russia's Sibur exports LPG to Africa, Middle East and Asia as EU cuts buying
Sibur, the largest producer and exporter of LPG in Russia, redirected exports to Africa, the Middle East and Asia in the past three months.
U.S. oil & gas rig count falls for second week in a row
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row.
Air Products to build new nitrogen plants and extend pipeline network in Penang, Malaysia
Air Products announced it will build, own, and operate two nitrogen plants in Penang’s Bayan Lepas Free Industrial Zone and Batu Kawan Industrial Park.
Shell sees stronger LNG volumes and oil product performance in Q1
Shell expects higher LNG output in the first quarter after outages at its Australian plants last year as well as stable earnings from LNG trading.
Dominion Energy, National Grid pursuing pipeline sales
U.S. utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks.
Court suspends worker requisitioning at TotalEnergies Normandy refinery
An administrative tribunal in the northern French city of Rouen suspended a government requisition order at TotalEnergies' Normandy refinery that told striking workers to resume work.
Europe facing costly winter without enough long-term LNG deals
Europe has not made enough progress in locking in long-term contracts for LNG as an alternative to Russian pipeline supply, which may prove costly next winter as a rebound in Chinese demand could sharply tighten the market.
Tellurian to sell land for $1 B and lease back for Driftwood LNG project
U.S. LNG developer Tellurian Inc has entered into an agreement with an institutional investor to sell 800 acres of land in Louisiana for $1B.
INPEX submits revised plan of development for Abadi LNG project
INPEX Corporation announced that through its subsidiary INPEX Masela, Ltd., it has submitted a revised Plan of Development for Abadi LNG Project incorporating a CCS component to Indonesian government authorities on behalf of the joint venture composed of INPEX and Shell.
LPG-fueled LPG carrier "Captain Markos" delivered
Kawasaki Heavy Industries, Ltd. announced it has delivered the 84,000 m3 capacity LPG carrier CAPTAIN MARKOS. This is the 70th LPG carrier built by the company.
India plans green hydrogen incentives of at least 10% of cost
India plans to give green hydrogen fuel producers incentives worth at least 10% of their costs under a $2-B scheme set to begin before the end of June.
U.S. natgas futures up 3% on daily output decline, rising LNG feedgas
U.S. natural gas futures rose about 3% on Wednesday on a decline in daily output and an increase in the amount of gas flowing to LNG export plants since Freeport LNG's export facility in Texas exited an eight-month outage in February and returned to full power over the past week.
Fluxys declares force majeure at Dunkirk LNG terminal
Fluxys has declared force majeure at the Dunkirk liquefied natural gas terminal it operates due to expected disruptions from Thursday morning to Friday morning.
U.S. natgas futures edge up 1% on record feedgas to LNG export plants
U.S. natural gas futures edged up about 1% on Tuesday as the amount of gas flowing to LNG export plants remains at record highs after Freeport LNG's facility in Texas exited an eight-month outage in February and returned to full power over the past week.
Germany's VNG sees Rostock port as potential hub for green gas business
VNG, an east German gas subsidiary of power utility EnBW, said it sees the Baltic Sea port of Rostock as a prime location for developing clean gas businesses, as it seeks to move away from fossil fuels in the long term.
Baghdad agrees to 30% stake in TotalEnergies $27 B Iraq energy project
Baghdad has reached an agreement to hold a 30% stake in TotalEnergies long-delayed $27 B Iraq project reviving a deal that Baghdad hopes could lure back foreign investment into the battered country which craves stability.
Baghdad, Erbil sign deal to restart northern oil exports
Iraq's federal government and the Kurdistan Regional Government signed a deal to restart northern oil exports through Turkey on Tuesday.
Technip Energies awarded a significant contract for the electric driven Xi’An LNG project in China
Technip Energies has been awarded a significant contract by Shaanxi LNG Reserves & Logistics Co. Ltd. for the 3 million normal cubic meters per day (Nm3/d). Xi'An LNG Emergency Reserve & Peak Regulation Project in China.
EU's Simson welcomes potential halt on Russian LNG imports
Proposals to stop Russian companies from sending liquefied natural gas to European Union nations were welcomed by EU Energy Commissioner Kadri Simson.
U.S. natural gas futures drop 4% on rising output, milder weather
U.S. natural gas futures dropped about 4% on Monday on rising output and forecasts for milder weather and less heating demand than previously expected, which should allow utilities to start injecting gas into stockpiles this week.
- 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
