economics
TurkStream gas pipeline could slow EU, Russia decoupling
The European Commission announced a revised roadmap to fully wean itself off Russian energy by the end of 2027, but some parts of Europe are moving in the opposite direction.
Slovakia and Hungary reject EU plan to phase out Russian gas by end-2027
Slovakia and Hungary on Wednesday condemned European Commission plans to phase out Russian gas and other energy imports, deepening a rift with Brussels over relations with Moscow.
Update: Woodside targets another 20%–30% selldown of $17.5-B Louisiana LNG project
Woodside Energy, Australia's top natural gas producer, said on Tuesday it would seek to sell a further 20%–30% stake in Louisiana LNG (U.S.), with interest growing in the $17.5-B project since its final approval last week.
Greensand begins construction on EU's first CO2 storage facility
Construction has begun on Greensand’s carbon dioxide transit terminal at Port Esbjerg in Denmark. Once operational, the liquefied CO₂ will be loaded onto a dedicated carrier and shipped to the INEOS Nini platform in the Danish North Sea.
Commonwealth LNG signs 20-yr sale and purchase agreement with major Asian buyer
Commonwealth LNG has signed a sale and purchase agreement (SPA) with a major Asian energy company. Under the agreement, the buyer will purchase 1 metric MMtpy of LNG for 20 yr from Commonwealth's 9.5-MMtpy facility currently under development in Cameron, Louisiana (U.S.).
Sonatrach and Saudi Aramco cut May LPG prices by 1%–11%
Saudi Aramco and Algeria's Sonatrach have cut May's official selling prices for liquefied petroleum gas (LPG) by 0.8%–10.9% from the previous month due to rising global supply.
EU seeks to cut remaining Russian gas ties, but legal options limited
The European Union will on Tuesday announce a roadmap to phase out the bloc's remaining gas ties with Moscow, but in the absence of sanctions it will be difficult for buyers to exit gas contracts using legal options such as force majeure.
Europe gas: Prices rise on cooler weather, LNG competition from Asia
Dutch and British wholesale gas prices rose in early trading on Friday morning amid forecasts of higher demand as temperatures cooled, and in order to remain competitive against Asian buyers of liquefied natural gas (LNG).
Venture Global raises $3 B towards building CP2 Louisiana LNG plant
Venture Global has raised $3 B in debt finance towards the construction of its CP2 LNG plant in Louisiana, which would be the largest single liquefied natural gas plant in the U.S., the company said.
India's BPCL eyes $20/t–$30/t gain from swap of Middle East LPG with cheaper U.S. supplies
Indian fuel retailer Bharat Petroleum Corp. Ltd. expects a net gain of $20 to $30 a tonne (t) on delivery of U.S. liquefied petroleum gas (LPG) through a swap deal with Middle Eastern suppliers.
Digital Feature: Unlocking untapped value: The pathway to a midstream pipeline virtual control room via human-centric industrial autonomy
Analysis indicates a compelling opportunity for vertically integrated midstream operators. By transitioning to advanced automation in pipeline control rooms, one can unlock significant value and drive margin expansion. This represents a substantial, often untapped, lever for profitability enhancement within the vertically integrated energy value chain.
S&P cuts Woodside's credit outlook to 'negative' after LNG investment decision
S&P Global Ratings has revised the credit outlook for Australia's Woodside to "negative" from "stable" on Thursday after the energy company reached a final investment decision (FID) of $17.5 B on its Louisiana (U.S.) liquefied natural gas (LNG) project.
INEOS and Covestro agree to 8-yr LNG linked gas supply agreement
INEOS and Covestro have announced a significant long-term agreement for the supply of natural gas for up to eight years, starting 2027. The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness.
Opinion: U.S. LNG exporters could lose out as AI gas demand booms
While America boasts some of the world’s largest gas reserves, a sharp increase in electricity demand over the coming years, driven by the rise of artificial intelligence (AI), could heavily strain the country’s creaky power systems and infrastructure, pushing natural gas prices higher and potentially undermining the economics of LNG plants.
U.S. natgas prices edge up to 2-week high on decline in daily output
U.S. natural gas futures edged up about 1% to two-week high on Monday as a bullish drop in daily output offset bearish forecasts for lower demand next week than previously expected.
Wison New Energies signs FLNG feasibility study contract for offshore Suriname
Wison New Energies (WNE) has officially signed the Detailed Feasibility Study (DFS) for a new-build Floating Liquefied Natural Gas (FLNG) facility in Suriname's Offshore Block 52.
Argentina's YPF rules out building land-based LNG plant
Argentina's state-run oil firm YPF has ruled out building an onshore natural gas liquefaction plant as it will instead rely on floating vessels for this process, YPF's chief executive said in an interview with local media.
U.S. plans Alaska LNG summit, will urge Japan, South Korea to support project
U.S. President Donald Trump's energy security council plans to host a summit in Alaska in early June, when it hopes Japan and South Korea will announce commitments to the Alaska LNG project.
Spain's national hydrogen network plan ahead of schedule
Plans to build a 2,600 km (1,615 mile) hydrogen network in Spain are advancing ahead of schedule and the infrastructure is on track to start operations in 2030, the chief of Spanish gas grid operator Enagas said.
Morgan Stanley Infra Partners eyes $2-B Permian pipelines sale
Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 B including debt.
Calpine, ExxonMobil sign CO2 transportation and storage agreement for power generation project
ExxonMobil Corporation announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 MM metric tpy of CO2 from Calpine’s Baytown Energy Center, a cogeneration facility near Houston.
Japan LNG buyers on edge over Australia policy shifts as election looms
Gas importers in Japan are watching nervously as Australia heads to the polls on May 3 in a closely contested election, worried that whatever the outcome, their long-time supplier of liquefied natural gas (LNG) could become less reliable and more costly.
Europe gas: Prices little changed on healthy supply
Dutch and British wholesale gas prices were little changed on Thursday morning on healthy supply.
Ukraine's Naftogaz signs contract for 100 MMm3 of gas from Orlen
Ukraine's Naftogaz has signed a contract for a further 100 MMm3 of LNG deliveries from Poland's Orlen, bringing the total volume it will purchase from the Polish company to 300 MMm3.
Tackling the effect of different impurities in CCS pipelines
Controlling impurities in carbon capture and storage pipelines is key reducing CO2 emissions. This article presents an analysis of how trace components in CO2 streams impact thermodynamic and transport properties with potential long-term consequences on asset integrity.
EU looking at options to forbid new Russian gas contracts
The European Commission is assessing whether it could legislate to forbid firms in the European Union from signing new contracts for Russian fossil fuels. It is also working on legal options to allow EU companies to break existing gas supply contracts with Russia without facing penalties.
Woodside weighs Trump tariff impact on $1.2-B Louisiana LNG project
Woodside Energy, Australia’s top gas producer, said on Wednesday it was assessing the impact of U.S. tariffs and other trade measures on its Louisiana (U.S.) liquefied natural gas (LNG) plant project as it inches towards a final go-ahead.
Enhance rotating equipment reliability: Implementing a bad actor program in the oil and gas industry
Bad actor programs play a critical role in enhancing equipment reliability and optimizing maintenance costs within industrial plants. This article explores the implementation of such a program at Saudi Aramco’s Yanbu natural gas liquids Fractionation Department, focusing on rotating equipment such as pumps, compressors, turbines and motors.
Optimizing gas analysis in carbon capture, utilization and storage
The CCUS market encompasses wide-ranging applications, with different challenges when it comes to gas analysis. No two CCUS applications are the same, and each therefore requires a tailored approach to best meet gas analysis requirements. The selection of a gas analyzer depends on more than the gases that it can detect, as it must also consider the number of gases that can be measured by a single system, precision and accuracy of the measurement, complexity of the installation, ongoing maintenance requirements, lifecycle costs, and other factors.
Column: Europe can ride LNG wave to build strategic gas reserves
European governments may have a rare window of opportunity to build up strategic gas stockpiles in the coming years to help manage supply shocks that could become more common if geopolitical tensions keep rising.

- U.S. ethane exports to China hit new roadblock with license requirement
- 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
- Woodfibre LNG sets new benchmark as world’s first net-zero LNG export facility