Asia-Pacific
Asia spot LNG prices flat as demand remains tepid
Asian spot liquefied natural gas prices remained flat as demand remains muted and inventories are high.
Malaysia's Petronas sees domestic oil, gas output peaking by 2024
Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said.
Japan's Mitsui OSK gets approval for liquefied CO2 vessel, floating storage unit
Japanese shipping company Mitsui O.S.K Lines has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit from the American Bureau of Shipping.
Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal
Petronas said it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd., to collaborate on a carbon capture and storage project in Malaysia.
Pertamina, Petronas aim to replace Shell in Masela project, Indonesia minister says
State energy firms Pertamina and Petronas plan to jointly take over Shell's participating interest in Indonesia's Masela gas project, the Indonesian energy minister said.
Cheniere signs LNG supply deal with China's ENN
Cheniere Energy said it will supply 1.8 million tons of liquefied natural gas per annum to China's ENN Natural Gas for over 20 years.
Australia's Tamboran signs deals to supply LNG to bp and Shell
Australia's Tamboran Resources announced two non-binding agreements to supply 4.4 million tons of liquefied natural gas a year to bp and Shell from its proposed Northern Territory LNG project.
Engie bets on Korean demand with $7-B Oman green ammonia project
French energy company Engie was awarded a land parcel in Oman, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.
Japan's Mitsui says no plans to exit Russia's Sakhalin-2 LNG project
Japanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas project in Russia, a senior executive said, adding the operation was continuing super-chilled fuel exports to Japan.
Malaysia's MISC Group to develop ammonia engines for ships
Malaysian logistics company MISC Group has signed an agreement to develop ammonia engines for ships, marking a step towards zero-emission shipping operations, the company said.
Russia's Novatek seeks rights for gas export from planned Murmansk LNG plant
The head of Russia's largest liquefied natural gas producer Novatek said the company is pushing for changes to the gas export law so that its future Murmansk LNG plant will be able to sell LNG abroad, TASS news agency reported.
Qatar strikes second big LNG supply deal with China
Qatar secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.
Asia thermal coal prices get the blues from Europe and LNG
Seaborne thermal coal prices in Asia have slumped to the lowest in two years as weakening demand in Europe and falling liquefied natural gas prices outweigh strong demand in the top-importing region.
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.
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.
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.
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 .
Pakistan approves LNG purchase deal with Azerbaijan
Pakistan approved a LNG purchase agreement framework with Azerbaijan, its finance ministry said.
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.
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.
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.
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.
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.
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.
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.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Power Knot LLC receives continued orders from ExxonMobil PNG for food waste digester consumables, spare parts
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
