economics
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.
South Africa proposes buying U.S. LNG as it seeks trade deal
South Africa has offered to buy liquefied natural gas (LNG) from the United States over a 10-year period as part of proposals to secure a trade deal.
Soft China dampens Asia LNG demand while Europe's imports ease
Asia's imports of liquefied natural gas (LNG) stagnated in May while Europe's continued to ease as demand in both of the world's top-importing regions entered the seasonal slump between winter and summer peaks.
Australia Pacific LNG price cut for Sinopec to hit Origin profit
Australia Pacific LNG has agreed to cut the liquefied natural gas (LNG) price on sales to China's Sinopec for the remaining 10 years on their contract.
Shell expects more LNG exporters to turn into net importers, drive demand
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects.
U.S. pipeline firms wrestle buy/build conundrum as Trump pushes energy expansion
President Donald Trump's pro-energy policies were meant to speed the construction of the United States' next generation of energy infrastructure, but many oil and gas pipeline operators would still rather buy than build their way to expansion due to a host of factors impeding large projects.
ADNOC’s suppliers commit to invest AED3 billion in manufacturing facilities across UAE
ADNOC announced today that its partners across its supply chain commit to invest AED3 billion (B) ($817 MM) in manufacturing facilities across the UAE.
Guangdong Pearl River agrees to LNG purchase deal with ConocoPhillips
Guangdong Pearl River Investment Management Group said on Wednesday it has signed a 15-year sales and purchase agreement to buy liquefied natural gas (LNG) from ConocoPhillips.
U.S. says there are significant undiscovered oil and gas resources in Wyoming
A new federal assessment has identified significant undiscovered, technically recoverable oil and gas resources in parts of Wyoming, Utah and Colorado, the U.S. Interior Department said on Wednesday.
U.S. lifts ban on New York offshore wind project after natgas pipe compromise
The Trump administration has lifted a month-old stop-work order on Empire Wind, a $5-B wind farm project off the coast of New York, in a compromise with the state that could also see cancelled plans for a gas pipeline revived
Europe gas: Prices rise on tighter supply
Dutch and British wholesale gas prices rose on Tuesday morning due to maintenance outages and tight supply.
UAE to up value of U.S. energy investments to $440 B by 2035
The United Arab Emirates plans to raise its energy investments in the United States to $440 B in the next decade, it said on Friday, boosting U.S. President Donald Trump's efforts to secure major business deals on a Gulf tour.
U.S. LNG exporters push forward new projects despite trade war uncertainty
Woodside Energy's decision last month to proceed with its Louisiana LNG export facility was the first of > 90 MM tonnes (t) of new LNG shipping capacity U.S. companies plan to approve this year despite uncertainty about President Donald Trump's trade war.
Europe gas: Prices edge higher on cooler temperatures ahead of Russia-Ukraine talks
Dutch and British gas prices edged higher on Thursday morning as slightly cooler temperatures lifted demand and as the market waits for news from Ukraine-Russia peace talks.
Enbridge advances historic equity ownership with First Nations on B.C. natural gas pipeline system
Enbridge Inc. has announced an agreement whereby the Stonlasec8 Indigenous Alliance Limited Partnership (the "First Nations Partnership"), which currently represents 36 First Nations in B.C., Canada, will make an investment of approximately CAD$715 MM in Enbridge's Westcoast natural gas pipeline system, resulting in the First Nations Partnership owning a 12.5% interest in that system, subject to certain closing conditions as well as customary closing adjustments.
Australia's Woodside says Saudi Aramco might buy into its Louisiana LNG project
Australia's Woodside Energy said on Wednesday it has agreed to explore opportunities to collaborate with Saudi Aramco, which might take a stake in its $17.5-B Louisiana (U.S.) liquefied natural gas (LNG) project.
Venture Global LNG shares surge as company announces Plaquemines ramp-up
Venture Global LNG shares jumped nearly 11% on Tuesday after the company announced it expects its entire Plaquemines LNG export facility in Louisiana to be in operation by the end of the year, news that eclipsed its disappointing quarterly results.
Nord Stream 2 agrees to debt restructuring deal, court says
A court in Switzerland said on Friday that Nord Stream 2, part of Russian gas company Gazprom, has reached a debt restructuring agreement with its creditors.
U.S. regulators recommend Venture Global's CP2 LNG project gets greenlight
U.S. federal regulators recommended in a final environmental report that Venture Global's proposed CP2 liquefied natural gas (LNG) export project in Louisiana get the go-ahead
Cheniere's 1Q core profit, revenue beat estimates on strong LNG margins
Cheniere Energy, the largest U.S. liquefied natural gas (LNG) exporter, beat first-quarter estimates for core profit and revenue on Thursday, helped by rising prices for the superchilled gas as demand increased.
Update: U.S. natgas prices climb 3% to one-month high on lower output, rising LNG export flows
U.S. natural gas futures climbed about 3% to a one-month high on Friday on a drop in output in recent weeks and forecasts for more demand next week than previously expected as gas flows to liquefied natural gas (LNG) export plants increase.
U.S., Russia explore ways to restore Russian gas flows to Europe
With a frost covering Europe's energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent.
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).
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- Update: How Germany is building up LNG import terminals
- Digital Exclusive: The value of experience—Why expertise matters in compressor overhauls and revamps
- Croatia's LNG terminal to auction 0.75 Bm3 of regasification capacity in May
- Glencore to offtake 2 MMtpy of LNG from Commonwealth LNG's export facility in Cameron Parish, Louisiana
