economics
Nikkiso selected to provide regasification systems and engineering services for LNG-to-power project in Bahamas
Nikkiso Clean Energy & Industrial Gases Group has been contracted by NPG to provide LNG regasification and cryogenic equipment for the New Providence Gas Project in Nassau, the Bahamas.
ConocoPhillips signs 20-yr offtake agreement from Sempra's Port Arthur LNG facility
Sempra announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips have signed a definitive 20-year sale and purchase agreement (SPA) for 4 MMtpy of LNG offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas.
Freeport LNG in Texas (U.S.) recovers from second brief reduction this week
Freeport is one of the world's most closely-watched LNG export plants because starts and stops of its operations often cause price swings in global gas markets.
U.S. natgas prices hold near nine-month low as record output offsets higher demand forecasts
U.S. natural gas futures held near a nine-month low on Wednesday as forecasts for higher demand over the next two weeks and rising gas flows to liquefied natural gas (LNG) export plants offset near-record output and ample fuel in stockpiles.
Amigo LNG signs 20-yr SPA with Gunvor
Amigo LNG announced the signing of a definitive long-term sale and purchase agreement with Gunvor Singapore Pte Ltd of 850,000 tpy of LNG for 20 yrs.
A refresher on Russia's commodities clout ahead of the Trump-Putin talks
Prior to its invasion of Ukraine in 2022, Russia was a leading exporter of crude oil, natural gas, coal, aluminum, nickel, steel, wheat and fertilizers - among other commodities - and the top supplier of energy products to Europe.
Key U.S. natural gas trends to track as LNG exports hit new highs
U.S. exports of LNG have scaled new highs so far this year, rising by > 20% from the same months in 2024 to cement the country’s position as the world's largest supplier of the super-chilled fuel.
Venture Global wins arbitration case against Shell over contracted LNG cargoes
The companies accused Venture Global of profiteering by selling commissioning cargoes at higher spot market prices, rather than at long-term contracted prices.
Australia's Santos extends due diligence deadline for $18.7 billion ADNOC-led offer
Santos said it had extended the period of exclusive due diligence to an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which had offered $18.7 billion for Australia's second biggest gas producer.
Enterprise Products acquires natural gas infrastructure from Occidental for $580 MM
Enterprise Products Partners L.P. announced that affiliates of Enterprise have executed agreements to acquire a natural gas gathering affiliate of Occidental and to provide Occidental with natural gas gathering and processing services.
U.S. natural gas futures steady as near-record output offsets high LNG exports
U.S. natural gas futures were little changed on Friday as near-record output and ample supplies in storage offset strong liquefied natural gas (LNG) exports and forecasts for the weather to remain hotter than normal through late August.
Israel's Leviathan signs $35-B natural gas supply deal with Egypt, lessening the need for LNG imports
Israel's Leviathan natural gas field has signed the largest export agreement in the country's history, worth up to $35 B to supply gas to Egypt.
NRG closes on Texas Energy Fund loan for 456-MW natural gas generation project
The combined 456-MW nameplate capacity units are expected to start bringing reliable power to the constrained Houston load zone in Summer 2026.
KBC launches Petro-SIM 7.6 simulation software
KBC (A Yokogawa Company) announces the launch of Petro-SIM® v7.6, the latest release of its flagship digital twin process simulation platform for the upstream and downstream oil and gas sectors, including the refining, petrochemical, polymer, and sustainable aviation fuel (SAF) industries.
Malaysia agrees to boost tech, LNG purchases from U.S. as part of trade deal
State energy firm Petroliam Nasional Berhad will buy liquefied natural gas (LNG) worth $3.4 B a year, while Malaysia will commit to $70 B in cross-border investments in the United States over the next 5 yr to address the trade imbalance between the two countries.
Energy tech firm Lummus confidentially files for U.S. IPO amid Trump's domestic push
Energy solutions company Lummus Technology said on Monday it has confidentially filed for an initial public offering in the United States amid President Donald Trump's broader strategy to enhance domestic energy production.
NextDecade sets September for final investment decision on Rio Grande LNG Train 5
The move follows its first long-term offtake deal for the fifth train and the execution of an engineering, procurement and construction (EPC) contract.
EU energy policy trapped between U.S. gas and Chinese green tech
The European Union's lavish pledge to buy $750 B of U.S. energy by 2028 risks exacerbating the bloc's already outsized dependence on American gas, just as it finds itself increasingly reliant on Chinese technology to power its energy transition.
EU considers pooling demand from companies to buy more U.S. gas
Under a framework trade deal the U.S. and EU agreed on Sunday, the European Union agreed to increase its purchases of U.S. energy to $750 B over the next three years.
Baker Hughes to acquire Chart Industries for $13.6 B
Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal, including debt, outbidding rival Flowserve to expand in the LNG, data centers and decarbonization segments.
Spain's Endesa faces $240-MM claim in LNG contract dispute
Spanish power utility Endesa faces claims of $240 MM as part of an arbitration process related to a price review of a long-term liquefied natural gas (LNG) supply contract.
U.S. LNG producers climb as EU agrees to $750 B in energy purchases
Liquefied natural gas (LNG) developers led gains for U.S. energy companies in early trading on Monday, after the European Union pledged $750 B worth in strategic purchases as part of a sweeping trade pact.
EIA: Natural gas price volatility fell over the first half of 2025
Since 2022, natural gas markets have experienced a series of extremes, including both unusually high and low inventory levels, which contributed to elevated price volatility.
Equinor eyes tighter gas market as lower oil prices hit Q2 profit
Europe's gas market could tighten further ahead of the winter season as storage levels remain well below last year and the continent faces competition from Asia for LNG shipments
IEA: Global natural gas demand growth set to accelerate in 2026 as more LNG supply comes to market
Following a slowdown in 2025, growth in global demand for natural gas is expected to rise in 2026, according to the International Energy Agency’s (IEA’s) latest quarterly Gas Market Report.
Rush for U.S. gas plants drives up costs, lead times
Surging demand for power from AI and electrification has led to a flurry of new gas-fired power projects in the United States, following years of inactivity.
U.S. natgas prices fall 6% on record output, lower demand forecasts
U.S. natural gas futures fell about 6% to a one-week low on Monday on record output, forecasts for less hot weather over the next two weeks, stagnant gas flows to liquefied natural gas (LNG) export plants and ample amounts of gas in storage.
Asia's LNG imports stay soft in July as Europe draws cargoes
Asia's run of subdued imports of liquefied natural gas (LNG) is set to extend for another month in July, with the top-importing region on track for a tiny increase from June. In contrast to Asia's declining LNG imports, Europe's have been trending higher.
BlackRock-led group set to invest in $10 billion Aramco Jafurah infrastructure deal
Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up to invest in the infrastructure of Aramco's Jafurah gas project.
Asian spot LNG prices decline on muted demand, high inventories
Asian spot liquefied natural gas (LNG) prices declined this week due to weaker demand and strong inventories and as buyers in south Asia found current prices too high.
- Aramco signs $11-B Jafurah midstream deal with international consortium led by Global Infrastructure Partners
- TotalEnergies and CMA CGM to launch LNG bunkering logistics JV to accelerate maritime decarbonization
- Digital Feature: The growing need for an equipment lifecycle strategy
- Iraq PM inaugurates gas projects that aid plan to stop flaring
- LNG Canada produces first liquefied natural gas for export
