economics
Woodside and Trinidad have agreed on initial commercial terms for deepwater gas project
Trinidad and Tobago is pushing producers, especially those offshore, to accelerate natural gas output in order to resume full use of its gas processing capacity-LNG output and exports have been curtailed in recent years by lack of gas.
Shell sees significant LNG growth in near term under its scenarios
Global demand for LNG will see a robust rise in the next few years, while gas will likely see a more gradual dynamic and oil may peak at the beginning of the next decade, scenarios published by Shell showed.
Trinidad sees revenue increase from LNG sales after contract revamp
Trinidad and Tobago, the largest producer of liquefied natural gas (LNG) in Latin America and the Caribbean, is seeing an increase in government revenue from LNG exports by selling cargoes at between 15% and 55% above Henry Hub prices.
India's GAIL revives plan to buy US LNG as Trump ends ban on export permits
GAIL India Ltd will seek to buy a stake in a U.S. LNG plant or secure long-term U.S. LNG supply after the Trump administration lifted a ban on export permits for new projects, chairman Sandeep Kumar Gupta said.
Germany's Brunsbuettel, Wilhelmshaven LNG terminals get strong demand for regasification slots
Germany's Deutsche Energy Terminal said it has successfully sold all LNG regasification slots offered at the liquefied gas terminals of Brunsbuettel and Wilhelmshaven for this year.
Pakistan's LNG deal with Qatar open to renegotiation next year
Pakistan's liquefied natural gas (LNG) pact with Qatar allows for either party to initiate renegotiation talks next year but no decision has been taken on whether to do this, Pakistan's petroleum minister said on Friday.
TotalEnergies CEO doubles down on US LNG, downplays Trump tariff fears
TotalEnergies will expand its investment in U.S. LNG over the next decade as the French company seeks to cement its position as a major exporter of U.S. LNG.
China's U.S. ethane imports to surge in 2025 in drive to cut costs
Despite a growing trade war between Washington and Beijing, China's ethane imports from the U.S. are set to surge this year as big petrochemical producers battling shrinking profits switch to the cheaper feedstock flowing from the U.S. shale gas boom.
TotalEnergies CEO says U.S. financing for Mozambique LNG project expected in coming weeks
TotalEnergies CEO Patrick Pouyanne said that financing from the U.S. for its $20-B Mozambique LNG project is expected to be approved in coming weeks, with other credit agencies to follow in the months after.
Egypt signs $3 B in LNG deals with Shell and TotalEnergies
Egypt has signed deals worth about $3 B with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025.
East Timor favors Australia over Chinese firms on major gas project
East Timor would prefer to work with Australia and partners Woodside Energy and Japan's Osaka Gas over Chinese firms that have expressed interest in developing the stalled Greater Sunrise natural gas field
TotalEnergies CEO urges Europe to negotiate LNG free-trade deal with U.S.
TotalEnergies CEO Patrick Pouyanne said on Wednesday that Europe should negotiate to obtain a free-trade guarantee on U.S. liquefied natural gas (LNG), against the backdrop of an unpredictable global trade environment.
Thailand to import more U.S. ethane to reduce trade surplus
Thailand will increase U.S. ethane imports by at least 1 MMt starting from the second quarter of this year to try to reduce its trade surplus with the United States.
China tariff retaliation targets its modest U.S. energy imports
China is the world's top energy importer but its purchases from the U.S. are relatively modest, blunting the impact of Beijing's move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal.
Europe soaked up nearly all U.S. LNG exports last month
U.S. exports of liquefied natural gas (LNG) to Europe jumped in January as cold weather drove up demand and prices for the superchilled gas rose, preliminary data from financial firm LSEG showed.
U.S. natgas prices jump 9% on colder forecast, sanctions worries
U.S. natural gas futures jumped about 9% on Monday on forecasts for colder weather and higher heating demand next week and worries about supplies from Canada related to U.S. President Donald Trump's sanctions.
Russia's January LNG exports down 5%, data shows
Russia's exports of liquefied natural gas (LNG) in January fell by 5% from a year earlier to 2.75 MM tonnes (t), LSEG preliminary data showed on Monday.
EemsEnergyTerminal launches open season to gauge operational future
EemsEnergyTerminal has entered an important new phase in determining whether the floating LNG terminal at the port of Eemshaven will be kept in operation for a longer period. An Open Season has launched to gauge the interest of market parties in the import of LNG in the near future. Such collaboration is essential for keeping the terminal operational after 2027.
EU removes energy crisis gas price cap
The gas price cap introduced by the European Union during its 2022 Russian gas crisis will expire on Friday, having not been triggered since its inception.
Bahri, Petredec partner to meet Saudi Arabia’s growing LPG and ammonia shipping needs
Bahri (The National Shipping Company of Saudi Arabia) and Petredec have agreed to form a strategic partnership aimed at addressing Saudi Arabia’s increasing LPG and ammonia shipping demands.
Emerson to acquire remaining outstanding shares of AspenTech
Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265/share pursuant to an all-cash tender offer. The transaction values the minority stake being acquired at $7.2 B, and values the total company at a fully diluted market capitalization of $17 B with an enterprise value of $16.8 B.
Venture Global given OK to introduce natgas at another LNG plant as output ramps up
Federal regulators on Tuesday gave Venture Global LNG permission to introduce natural gas into the seventh block of its Plaquemines plant in Louisiana (U.S.) as the company continues to ramp up production of the superchilled gas.
Argentina's YPF nears 20 MMt of LNG deals in Asia, Europe
Argentina's state-run energy firm YPF has tied up supply deals for up to 15 MM tonnes (t) of liquefied natural gas (LNG) for buyers in Asia, the country's cabinet chief said on Tuesday, as the South American nation looks to boost energy exports.
Snam to sell stake in ADNOC Gas Pipelines to Abu Dhabi’s Lunate Investment Fund
Italy's gas grid operator Snam will sell its minority stake indirectly held in ADNOC Gas Pipelines to Abu Dhabi-based investment fund Lunate.
EU won't ban Russian LNG until it secures alternatives, diplomats say
The European Commission did not propose a ban on Russian liquefied natural gas (LNG) in its latest package of sanctions because member states raised concerns about first securing alternatives including from the U.S., EU diplomats said.
ADNOC Gas strengthens partnership with JERA global markets through new LNG agreement
ADNOC Gas Plc. and its subsidiaries (ADNOC Gas or the company), a world-class integrated gas processing company, has signed a $450-MM (AED1.653-B) 3-yr liquefied natural gas (LNG) supply agreement with JERA Global Markets Pte. Ltd.
Former Golden Pass LNG contractor to emerge from bankruptcy by end of March
Zachry Holdings said the U.S. Bankruptcy Court for the Southern District of Texas on Friday approved its reorganization plan, paving the way for it complete the process no later than the end of March.
Argent LNG (U.S.) to provide 5 MMtpy to Bangladesh
Argent LNG, which is developing a 25-MMtpy LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 MMtpy of LNG, the company said in a statement on Friday.
Petronet CEO: Rise in U.S. LNG production to benefit
An increase in LNG production in the United States after President Donald Trump ended a moratorium on new export permits should benefit consuming nations like India, the chief executive of the country's top gas importer said on Monday.
U.S. EIA expects higher wholesale U.S. natural gas prices as demand increases
The U.S. Energy Information Administration (EIA) expects increases in the Henry Hub natural gas price in 2025 and 2026 as demand for natural gas grows faster than supply, driven mainly by more demand from U.S. liquefied natural gas (LNG) export facilities, reducing the natural gas in storage compared with the last two years.
- EnviTec Biogas looks to expand biogas production into the U.S.
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Trump lifts freeze on U.S. LNG export permit applications
