Europe
India's GAIL buying spot LNG to hedge against Red Sea delays
India's state-run GAIL Ltd is selling more U.S. LNG in European markets and making spot purchases to avert delays due to the Red Sea crisis.
Russia's Arctic LNG 2 last line is on hold, TotalEnergies CEO says
The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies said.
Czechs boost imports of Russian gas at end of 2023
Traders in the Czech Republic returned to importing an increasing amount of Russian natural gas in the final months of 2023 after an earlier near-complete halt, foreign trade data from the Czech Statistical Bureau shows.
Russia's INK may boost LPG exports by 20%-30% in 2024, focus on China
Russia's Irkutsk Oil Company will likely increase its exports of LPG by 20%-30% this year, focusing on sales to China, according to traders and industry sources, as the company recovers production.
Mitsubishi sees Russia's Sakhalin LNG as key energy source for Japan
Mitsubishi Corp CEO Katsuya Nakanishi said Russia's Sakhalin 2 LNG project remains a key source for Japan's energy supply, as Japanese companies maintain their Russian exposure.
Germany outlines $17-B plan to subsidize gas-to-hydrogen shift
Germany's government has agreed plans to subsidize gas power plants that can switch to hydrogen with a price tag of $17 B in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.
NextChem and Engie collaborate on advanced biomethane technology
Maire announced that NextChem, through its subsidiary NextChem Tech, and ENGIE agreed to cooperate on the development and commercialization of an advanced biomethane technology to produce synthetic methane from dry biomass waste.
Moldova's separatist Transdniestria region says it needs more gas
Moldova's pro-Russian separatist region of Transdniestria has said it needs more Russian natural gas to operate its industry as supply and cost emerge as election issues in the former Soviet republic.
Russia raises LNG exports by 11% y/y in January
Russia increased exports of LNG in January by 11% from the same month a year ago to 3 MMt, of which 1.77 MMt were shipped to Europe.
European and Asian companies affected by U.S. pause on LNG export permits
U.S. President Joe Biden's administration announced a pause on pending and future permits to export LNG to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts.
U.S. LNG export pause leaves EU, industry at odds over energy security
Europe will have enough gas supply for the next 10 years and thereafter despite a move by the U.S. administration to pause approvals on new LNG plants, EU energy officials and analysts said, dismissing industry's warnings.
Mitsui records $93 MM more in provisions for sanctioned Arctic LNG 2 project
Japan's Mitsui & Co said it had recorded $93 MM as additional provisions on its investment in Russia's Arctic LNG 2 project sanctioned by the United States, but lifted its full-year profit forecast.
Poland's Gaz-System chooses Mitsui O.S.K. Lines for FSRU
Polish pipeline operator Gaz-System has chosen Japan's Mitsui O.S.K. Lines to supply a floating storage and regasification unit.
Norway to add more Arctic acreage for oil and gas drilling
Norway plans to add another 37 blocks to its annual so-called pre-defined areas oil and gas licensing round in the Norwegian Sea and the Barents Sea.
Jenbacher engines to power Poland’s largest gas-fueled power plant, replacing coal power
INNIO Group announced that five Jenbacher J920 FleXtra engines will power a 50 MWe combined heat and power project in Bydgoszcz, Poland, for PGE Energia Ciepła S.A.
Russia ready to discuss gas supplies with EU as Ukraine transit deal expires
Russia is ready to hold talks with the European Union on natural gas supplies as a transit deal with Ukraine expires at the end of 2024, Russian Deputy Prime Minister Alexander Novak was quoted as saying.
Russia’s planned gas pipeline to China faces construction delay
Mongolian Prime Minister L. Oyun-Erdene said construction of Russia's planned new Power of Siberia-2 gas pipeline to China, which was expected to start this year, may be delayed.
Baker Hughes achieves new hydrogen milestones to accelerate transition to hydrogen economy
Baker Hughes, an energy technology company, announced several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy.
Sanctions squeezing Sibur's supply of tankers for Ust-Luga LPG
Russia's largest petrochemical company and exporter of LPG Sibur is reducing LPG exports from the Baltic Sea port of Ust-Luga due to shortages of gas tankers amid sanctions.
Russia's Novatek to load first cargo from Arctic LNG 2 in February
Novatek, Russia's largest producer of LNG, may start loading first cargo from the Arctic LNG 2 plant in February.
Germany's SEFE seeks to expand natural gas business beyond Europe
Fresh from clinching a $54.43-B pipeline gas deal in Norway last month, Germany's SEFE is looking for more suppliers to offer LNG for its customers.
Ukraine may stop importing gas, start exporting electricity
Ukraine is close to being self-sufficient in gas for 2024 and may resume electricity exports in the spring.
Qatar delays LNG shipments to Europe amid Red Sea conflict
Qatar, one of the world's biggest LNG exporters, is delaying some shipments to Europe as conflict in the Red Sea forces longer travel times.
Germany's Uniper focused on meeting gas demand to mid-2030s
Uniper will stick to its core gas business as demand for the fuel continues into the middle of the next decade, at the same time as investing in carbon-free energy.
LPG exports from Russian ports to Turkey double in 2023
Supplies of LPG from Russian ports to Turkey doubled in 2023, according to traders and LSEG data, as trade between Moscow and Ankara grows at a brisk pace amid Russia's pivot away from Europe.
Unclear if Belgium can use EU option to block Russian LNG
It is unclear if Belgium will be able to use the option in an upcoming European Union law to block imports of Russian LNG.
Norway's December gas output hits record, oil beats forecast
Norway's natural gas output rose in December to an all-time high, beating an official forecast, while crude oil production was also above expectations.
The Gas Vitality LNG bunker vessel completes her 100th LNG bunker operation in Marseille, France
The Gas Vitality LNG bunker vessel celebrated the onset of the New Year by successfully conducting her 100th bunkering operation.
Gas exporting group sees tight global LNG markets until 2026
The Gas Exporting Countries Forum sees tight global LNG markets until 2026 as demand rises 1.5% this year and up to 22% through 2050.
Germany set for gas power plant expansion deal this week
German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week.
- Credit Agricole says it will not fund two major LNG projects
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
