economics
Dutch wholesale gas prices slip on storage levels, Norwegian supply
Dutch wholesale gas prices edged lower morning on high storage levels and strong Norwegian supply.
Baker Hughes announces milestone electric-LNG Award for ADNOC Ruwais LNG Export Terminal
Baker Hughes announced it has received a letter of award by ADNOC Gas, for and on behalf of ADNOC, to provide two electric liquefaction systems (e-LNG) for the Ruwais LNG project in the United Arab Emirates.
Freeport LNG seeks to restart more of export plant in Texas (U.S.)
U.S. LNG company Freeport LNG sought permission from federal energy regulators to take more steps to return its export plant in Texas to full commercial operation.
ADNOC and Occidental to advance direct air capture project in the UAE
ADNOC and Occidental announced, today, an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture facility outside the United States.
Gazprom to send 42.3 Mm3 of gas to Europe via Ukraine
Russia's Gazprom said it would send 42.3 Mm3 of gas to Europe via Ukraine on Tuesday, up from 41.2 Mm3 on Monday.
Egypt to resume LNG exports this month, minister says
Egypt, which faces growing demand for gas from its population of 105 million, will resume LNG exports this month as planned.
U.S. LNG exports slump in September as plant outages pare output
U.S. exports of LNG fell modestly in September from August as scattered outages at four gas-processing plants led to lower shipments, LSEG vessel tracking data showed.
U.S. natural gas prices fall 3% on mild weather, lower winter prices
U.S. natural gas futures fell about 3% on forecasts for lower demand due to milder weather over the next two weeks and longer over the upcoming winter.
Cheniere Energy's gas intake at Texas LNG plant down for fourth day
Gas flows to Cheniere Energy's Corpus Christi, Texas, LNG export plant were reduced for a fourth consecutive day, according to data provider LSEG.
Moldova will no longer buy gas from Russia's Gazprom
Much of Moldova will no longer buy gas from Russian energy giant Gazprom, Moldovan Energy Minister Victor Parlicov said on Monday, referring to parts of the country that capital Chisinau controlled and not breakaway areas.
ADNOC top exec says oil and gas could remain relevant until 2050
Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.
GTC Vorro Technology launches calculator for quick, accurate determination of H2S and equivalent SO2 mass
GTC Vorro Technology, a turnkey provider of environmental services and process technologies to oil and gas, refining and petrochemical companies, has debuted its new calculator for generating the amount of hydrogen sulfide and sulfur dioxide mass.
Azerbaijan's gas exports to Turkey to reach 10.2 bm3 in 2023
Natural gas exports from Azerbaijan to Turkey have reached 7.4 bcm so far this year and are expected at 10.2 bm3 in 2023.
Gas prices fall as some Norwegian outages end
Dutch and British wholesale gas prices fell as Norwegian pipeline supplies picked up after some maintenance outages ended.
Asia spot LNG prices hit 7-month high on rising demand, Europe supply worries
Asian spot LNG prices rose for a third week, gaining $1 to a seven-month high, amid increased demand in Asia and supply concerns in Europe.
Czech government approves deal for Net4Gas purchase
The Czech government approved a plan for state-controlled electricity transmission grid operator CEPS to acquire natural gas transmission system operator Net4Gas.
Saudi Aramco enters the global LNG industry
Saudi Arabia's oil group Aramco said it had agreed to acquire a strategic minority stake in LNG company MidOcean Energy for $500 MM, with an option to increase the size of the shareholding.
Ukraine's Naftogaz starts gas production at five new wells
Ukrainian state-owned oil and gas firm Naftogaz, aiming to cover the country's needs with domestic production, has brought five new gas wells into operation.
Turkey to begin supplying Moldova with natural gas from October
Turkey will start supplying Moldova with 2 bcm of natural gas per day from October, state-owned Anadolu news agency said, in the second such agreement announced by Ankara in as many days.
Cheniere Energy cuts intake at 2 US LNG plants by 1 Bft3d
The largest U.S. LNG producer, Cheniere Energy, reduced its combined feed gas intake at two of its plants by about 1 Bft3d, according to data provider LSEG.
Técnicas Reunidas and Sinopec Engineering Group sign a Strategic Alliance Cooperation Agreement
Técnicas Reunidas, S.A. and Sinopec Engineering Group Co. Ltd. have signed in Beijing a Strategic Alliance Cooperation Agreement for the joint execution of Refining, Petrochemicals, Natural Gas and Transition Projects worldwide.
Pakistan receives first shipment of Russian LPG, Russian embassy says
Pakistan has received its first shipment of LPG from Russia, Moscow's embassy in Islamabad said, marking Islamabad's second major Russian energy purchase.
Turkey's BOTAS to begin gas exports to Romania
Turkey's state gas grid operator BOTAS signed a deal to supply up to 1.5 bcm of natural gas to Romania's OMV Petrom as Ankara expands its gas export reach.
Italy in talks with Bavaria on gas and hydrogen exports, eyes eastern Europe
Italy is in preliminary talks with Bavaria's government to supply gas and hydrogen to the southern German state, and also aims to sell energy to Austria and Hungary.
Natural gas prices edge lower as Norwegian supply increases
Dutch and British wholesale gas prices fell morning as the end of maintenance at some Norwegian gas infrastructure boosted supply and as high gas storage levels weighed on the market.
Norway's Equinor signs 5-year gas supply deal with Austria's OMV
Norwegian energy group Equinor has signed a five-year agreement to supply gas to Austria's OMV as part of the latter's supply diversification strategy.
Japan's industry ministry sees LNG stocks recovering towards winter
LNG stocks held by Japan's major electricity utilities will likely increase towards the peak winter demand season, the industry ministry said, after stocks fell to their lowest since early 2021.
QatarEnergy, Korea's HHI sign $3.9-B deal for 17 LNG carriers
QatarEnergy said it had signed a $3.90-B deal with HD Hyundai Heavy Industries for the South Korean firm to supply it with 17 LNG carriers.
U.S. natgas futures steady on healthy demand, lower supply
U.S. natural gas futures steadied and consolidated gains from the previous session, buoyed by healthy demand and slightly lower output projections, even as the market transitions into the shoulder period for gas demand.
Gazprom to send 42.4 Mm3 of gas to Europe via Ukraine
Russia's Gazprom said it would send 42.4 Mm3 of gas to Europe via Ukraine, compared to 41.8 Mm3 that was previously stated.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
