economics
Italy to discuss gas measure for energy-intensive firms by month's end
Italy's government will discuss a long-awaited measure to offer gas at reduced prices to energy-intensive companies by the end of this month, the country's energy minister said.
ExxonMobil signals lower oil, gas prices could hit second-quarter profit
ExxonMobil signaled that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter's level.
India aims to import about 10% of its LPG from the U.S. from 2026
India plans to source about 10% of its cooking gas imports from the U.S. beginning in 2026 as part of a broader effort to boost energy purchases to narrow its trade gap with the U.S.
Shell flags profit hit from weakness in gas trading and chemicals business
Shell expects quarterly earnings to be hit by weaker trading in its integrated gas division and losses at its chemicals and products operations, it said on Monday ahead of second-quarter results due on July 31.
Pakistan looking to sell excess LNG amid supply glut curbing local gas output
Pakistan is exploring ways to sell excess LNG cargoes amid a gas supply glut that could cost domestic producers $378 MM in annual losses
Germany fills all LNG regasification slots at Wilhelmshaven terminals
Germany's state-owned Deutsche Energy Terminal GmbH said it had successfully allocated all available regasification slots for its Wilhelmshaven 1 and 2 LNG terminals in its latest marketing round, further bolstering energy security for Germany and Europe.
Europe drives LNG import growth as Asia stumbles on higher price
Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia.
Governor announces first Texas Energy Fund loan for 122-MW natural gas facility
Texas Governor Greg Abbott announced that the first Texas Energy Fund (TEF) loan agreement will be used to fund a 122 megawatt (MW) natural gas power plant in Texas.
U.S. natural gas prices climb 3% on slow increase in flows to LNG export plants
U.S. natural gas futures climbed about 3% on Friday as the amount of gas flowing to LNG export plants started to edge up after weeks as more plants exit spring maintenance reductions.
New debt financing structure published to scale oil and gas methane emissions reductions
A coalition of financial, technical and environmental partners has developed a groundbreaking financial framework that aims to mobilize capital to reduce emissions from one of the most potent and preventable climate pollutants. The new guidance provides a market-ready structure to help investors, lenders, and oil and gas companies integrate methane and flaring performance into debt financing.
Europe gas: Prices fall > 10% on Iran-Israel ceasefire news
Dutch and British wholesale gas prices across the board fell more than 10% on Tuesday morning on news that Iran and Israel have agreed a ceasefire, removing the risk premium the market had priced in for potential oil and gas supply disruptions.
Opinion: Iran tensions make thermal coal a winner against pricier LNG
Thermal coal may end up as a major beneficiary of escalating hostilities in the Middle East, as the fuel used to generate electricity becomes cheaper than one of its main competitors liquefied natural gas (LNG).
Australia's Woodside Energy signs 15-yr LNG supply deal with Malaysia's Petronas
Australia's Woodside Energy has entered an agreement with a unit of Malaysian state-owned oil and gas firm Petronas to supply liquefied natural gas (LNG) to Malaysia starting 2028.
Golden Gas announces open season for Joy Station Storage Project in Kansas (U.S.)
Golden Gas Service Co. has launched a non-binding open season to solicit market interest for up to 2.4 Bft3 of firm natural gas storage service at its planned Joy Station Natural Gas Storage Project, a new intrastate high-deliverability salt cavern facility to be located in Kiowa County, Kansas (U.S.).
Japan's JERA agrees to buy US LNG to rebalance supply portfolio away from Australia
JERA, Japan's biggest power generator, has agreed to new supply deals for U.S. LNG from four projects to diversify its global portfolio away from its reliance on Australia. JERA plans to buy up to 5.5 MMtpy of U.S. LNG under 20-year contracts, with deliveries starting around 2030. That total includes some previously reported deals as well as newly announced agreements.
U.S. natgas prices climb 3% to 1-week high on forecasts for hotter weather, more cooling demand
U.S. natural gas futures climbed about 3% to a one-week high on Monday on forecasts for hotter weather and higher cooling demand over the next two weeks than previously expected, which should boost the amount of gas electric generators burn to produce power as homes and businesses crank up air conditioners.
ADNOC leads $18.7-B proposal to buy Australia's Santos in LNG push
Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7-B takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which wants to grow a global gas business.
Egypt halts fertilizer production as Israeli gas disruptions deepen energy strain
Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources said. They said major Israeli gas fields had suspended operations following Israel's military strikes against Iranian nuclear facilities and missile factories.
Egypt agrees to buy up to 160 LNG cargoes through 2026
Egypt has reached agreements with several energy firms and trading houses to buy 150–160 cargoes of liquefied natural gas (LNG), as it ramps up purchases to meet power demands despite strained government finances.
Rising Asia temperatures bode well for U.S. LNG export prospects
U.S. exports of LNG are already at record highs so far in 2025, but forecasts for above-average temperatures across key Asian import markets could lift them even higher this summer.
U.S. natgas prices drop 5% to 1-week low on rising output, lower gas flows to LNG export plants
U.S. natural gas futures fell about 5% to a one-week low on Monday on an increase in output in recent days and a drop in the amount of gas flowing to liquefied natural gas (LNG) export plants due to ongoing spring maintenance at several facilities.
U.S. natgas prices ease on big storage build, low flows to LNG export plants
U.S. natural gas futures ease about 1% on Thursday on a bigger-than-expected storage build and low gas flows to liquefied natural gas (LNG) export plants over the past month or so.
EnviTec Biogas announces commissioning of first EnviThan plant in Slovakia
After 18 years in the Eastern European market, the team at the Czech Service subsidiary of EnviTec Biogas AG is proud to announce the completion of the first gas upgrading plant in Slovakia.
Ameresco generates > $70 MM from sale of RNG-related investment tax credits
Ameresco Inc., a leading energy solutions provider dedicated to helping customers navigate the energy transition, has announced the successful sale of approximately $71 MM in investment tax credits (ITCs) generated from three of its landfill-gas-to-renewable natural gas (RNG) projects.
U.S. LNG exports declines in May from April's record
U.S. liquefied natural gas (LNG) exports fell in May due to plant outages and maintenance at the country's largest export facility.
U.S. ethane exports to China hit new roadblock with license requirement
Chinese purchases of U.S. ethane, a key petrochemical feedstock, face fresh uncertainty after the U.S. Commerce Department told exporters to seek licenses to export to China
Edison confident of positive outcome in Venture Global LNG arbitration
Italian utility Edison is confident of a positive outcome in an arbitration involving U.S. liquefied natural gas (LNG) supplier Venture Global, which is expected by the end of the year.
U.S. natgas prices climb 2% to 2-week high on lower output, higher demand forecasts
U.S. natural gas futures climbed about 2% to a two-week high on Wednesday on a drop in output, forecasts for more demand next week than previously expected and an outlook calling for hotter-than-normal weather this summer that should boost the amount of gas power generators burn to keep air conditioners humming.
Glenfarne partners with Worley on final engineering for 807-mi Alaska LNG pipeline
Glenfarne Alaska LNG has selected Worley to undertake additional engineering and prepare a final cost estimate for the Alaska LNG Pipeline in sufficient detail to achieve final investment decision (FID) for the pipeline.
Ukraine hopes to import gas via Trans-Balkan pipeline at lower transit fee
Ukraine's energy regulator has approved a gas import mechanism that will avoid high transit fees when supplying gas through the Trans-Balkan pipeline from Greece to Ukraine.
- U.S. ethane exports to China hit new roadblock with license requirement
- Glencore to offtake 2 MMtpy of LNG from Commonwealth LNG's export facility in Cameron Parish, Louisiana
- Australia clears Woodside to run North West Shelf LNG plant to 2070
- Egypt agrees to buy up to 160 LNG cargoes through 2026
- Shell to add up to 12 MMt of additional LNG capacity by 2030
