Asia-Pacific
Wood Mackenzie: Defining the energy transition
As the energy landscape rapidly transforms due to decarbonization, electrification and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report.
Australia's Santos to supply Japan's Shizuoka with LNG
Santos, Australia's No.2 independent oil and gas producer by market cap, said on Thursday it signed a deal to supply Japanese gas distributor Shizuoka Gas with liquefied natural gas (LNG).
Gas price shock set to add to Europe's industrial pain
Europe's struggling industries are bracing for a new gas price shock over the coming winter months, as colder weather depletes stocks, competition with Asia for liquefied natural gas (LNG) intensifies, and the prospect of reduced Russian supplies looms.
Sembcorp Industries inks 10-yr LNG supply deal with Chevron's Singapore unit
Sembcorp Industries said its Sembcorp Fuels unit signed a deal with Chevron USA's Singapore unit to import up to 0.6 MMtpy LNG starting in 2028.
API: Demand for U.S. LNG shows folly of permitting pause
Global demand for U.S. liquefied natural gas (LNG) remains strong – which again should give pause to the Biden administration’s decision to halt in permitting for new and pending LNG export projects.
Putin removes Gazprombank from payments for Russian gas exports
Russian President Vladimir Putin canceled a requirement for all buyers of Russian gas to pay through Gazprombank, a presidential decree showed on Thursday, after the United States targeted the state-controlled lender with sanctions.
Pakistan defers LNG contract with Qatar for a year
Pakistan has deferred an agreement to buy liquefied natural gas (LNG) from Qatar for a year, Petroleum Minister Musadik Malik said on Wednesday, and will now receive the contracted LNG cargoes in 2026 instead of 2025.
QatarEnergy signs long-term LNG deal with Shell for delivery to China
State-owned QatarEnergy has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with LNG for delivery to China. The deal is for the supply of 3 MMtpy of LNG, said QatarEnergy in a statement on Monday, adding that the agreement will start in January 2025.
Update: Russian gas flows via Ukraine to Europe, Austria steady
Russian gas exports to Europe through Ukraine were stable on Friday, as were nominations for supply to Austria from Slovakia, according to supplier Gazprom and system operator Eustream.
Moldova says end of Russian gas for Transdniestria 'very realistic scenario'
The termination of Russian gas supplies to Moldova's breakaway region of Transdniestria after Jan. 1, 2025 is a "very realistic" scenario, Energy Minister Victor Parlicov said on Wednesday after talks with Russia's Gazprom.
Goldman warns of likely Asia LNG price rise on European supply crunch
Asia prices of LNG could jump to above $20/mmBtuif European gas supply tightens this winter, an analyst at Goldman Sachs told reporters on Wednesday.
Japan's JERA sees no impact on its LNG supply from sanctions on Gazprombank
Japan's top utility JERA sees no impact from new U.S. sanctions on Gazprombank on its procurement of LNG from Russia's Sakhalin-2 project, as it does not use the lender for payment settlements, its president said.
Contentious COP29 deal shows climate cooperation fraying at edges
When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday morning, hoping to clinch a hard-fought agreement on global climate finance, he carried with him two speeches. One was crafted around a hoped-for deal being struck, while the other for the possibility of a summit-collapsing impasse.
ADNOC L&S takes delivery of first new-build LNG carrier from Jiangnan Shipyard ahead of schedule
ADNOC Logistics and Services Plc., a global energy maritime logistics leader, has taken delivery of Al Shelila, the first of six newbuild liquified natural gas (LNG) carriers from Jiangnan Shipyard in China.
Russian gas flows to Europe via Ukraine stable despite Gazprom-OMV row
Russian gas exports to Europe through Ukraine have been stable on Monday despite a contractual row between Austria's OMV and Kremlin-owned Gazprom, which halted gas flows to the Vienna-based company this month.
Brunei LNG initiates startup process after 'operational upset'
Brunei LNG said on Friday it is in the process of a safe startup of its liquefied natural gas (LNG) facility, which is expected to continue until further notice, following an "operational upset" earlier this week.
Japan to ensure uninterrupted Sakhalin-2 LNG supply from Russia
Japan will take all possible measures to prevent disruptions in securing a stable supply of liquefied natural gas (LNG) from Russia's Sakhalin-2 project following new U.S. sanctions.
Kremlin says new U.S. sanctions are an attempt to hinder Russian gas exports
The Kremlin on Friday said that new U.S. sanctions on Russia's Gazprombank were an attempt by Washington to hinder the export of Russian gas, but said a solution would be found.
Indonesia regulator confirms disruption at bp's Tangguh LNG project
Indonesia's upstream oil and gas regulator SKK Migas confirmed there was an outage at the third train of bp's Tangguh liquefied natural gas (LNG) facility in West Papua, and said operations were expected to begin to restart from Saturday.
Russian gas flows to EU via Ukraine unchanged despite Austria row
Russia's natural gas exports through Ukraine to Europe have been stable on Thursday, Kremlin-controlled gas giant Gazprom said, despite a contractual row with Austrian energy company OMV.
Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
Tecnimont Private Ltd. has teamed up with India's Paradeep Municipality and National Institute of Technology, Karnataka – Surathkal (NITK) to develop a biogas plant from waste. The biogas produced will be used as cooking fuel for consumers.
PetroVietnam Gas signs deal to supply LNG to PetroVietnam Power
PetroVietnam Gas has signed a contract to supply LNG to PetroVietnam Power to test run the country's first LNG-fired power plants.
COP29: TotalEnergies and Oil India to collaborate on methane emissions detection, measurement
TotalEnergies and Oil India Limited (OIL) have signed a cooperation agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India.
Lukoil to launch gas chemical complex, gas processing unit in Stavropol in 2029
PJSC Lukoil plans to commission a gas chemical complex (GCC) and a gas processing unit (GPU-2) at its Stavrolen facility, a 100% subsidiary of Lukoil in Budyonnovsk, Stavropol region, by 2029.
Japan's LNG handling volume up 1% in FY23/24 as external trade rises
The volume of liquefied natural gas (LNG) handled by Japanese companies rose 1% year-on-year to 103.13 MM tonnes (t) in the fiscal 2023/24 year as external trade increased.
LNG tankers divert to Europe from Asia after Russia halts supplies to Austria's OMV
At least five cargoes of liquefied natural gas (LNG) have diverted from Asia to Europe in the past few days, drawn by higher gas prices on the continent after Russia's Gazprom halted supplies to Austria's OMV.
TES and SOCAR sign joint study agreement to explore e-NG project in Azerbaijan
Tree Energy Solutions (TES), a global green energy company, and SOCAR, Azerbaijan's national oil company, have signed a joint study agreement (JSA) to explore the development of an electric natural gas (e-NG) project in Azerbaijan.
UPDATE: Austria says Russia to cut off gas from Saturday
Russia told Austria it is suspending gas deliveries from Saturday in a development that signals a fast approaching end of Moscow's last remaining gas flows to Europe.
Russian gas supply could stop to Austria before year-end
Russian gas supply to oil and gas company OMV in Austria is at risk of stopping before the end of the year due to an arbitration case against Gazprom.
Philippines' PNOC signs LNG agreement with Indonesia's Pertamina
State-owned firms Philippine National Oil Company (PNOC) and Indonesia's Pertamina have signed a preliminary agreement to develop liquefied natural gas (LNG) and other energy sources.
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vaisala seeks to remove greenwashing from carbon capture with new measurement solution
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
