LNG

UGI Energy Services commissions Pennsylvania (U.S.) LNG facility

The new Carlisle LNG storage and vaporization facility joins the company’s expanding network of LNG and peak shaving assets.

Australia's Woodside signs binding LNG supply deal with Turkey's BOTAS

Australia's Woodside Energy said it had signed a supply agreement with Turkish state-owned petroleum company BOTAS to deliver around 5.8 billion cubic meters of liquefied natural gas for up to nine years, starting in 2030. This deal converts the non-binding head of agreement signed by the two parti..

Asia spot LNG prices edge up on South Korean demand

Asian spot liquefied natural gas prices edged up last week as forecasts for colder weather boosted demand in South Korea, but overall weak buying in China left prices down 34% since the start of 2025.

Five energy market trends to track in 2026, the year of the glut

This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russia in its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela.

Cheniere achieves substantial completion of Train 4 at CCL Stage 3

The CCL Stage 3 project, which, upon completion, will comprise seven mid-scale trains and more than 10 metric MMtpy of LNG capacity, continues to track ahead of schedule and on budget.

Russia delays LNG output target of 100 MMtpy due to sanctions

Russia's long-term plans to gain a fifth of the global LNG market by 2030–2035, from 8% currently, have been challenged by sanctions imposed over the conflict in Ukraine, including against the new Arctic LNG 2 plant.

Malaysia's Petronas signs LNG supply deal with China's CNOOC

Malaysian state-owned energy firm Petroliam Nasional, opens new tab said it would supply Chinese offshore oil and gas company CNOOC, opens new tab with 1 metric MMtpy of LNG.

Myanmar set to resume LNG imports after receiving cargo last month

This would mark the Southeast Asian nation's return to the LNG import market, after shipments were halted amid the civil war.

LNG tanker Kunpeng loads cargo from Russian plant under sanctions

The Kunpeng arrived at the Portovaya LNG terminal, was unloaded on December 18 and departed with a cargo on December 21, according to ship-tracking data from analytics firm Kpler. LSEG data also shows the tanker arriving and leaving the terminal on the same dates.

Australia forces LNG exporters to keep a minimum amount for home market

Government proposes gas reservation of 15% to 25% of output Three east coast LNG export plants affected Scheme takes effect in 2027, impacting only new contracts Analysts say scheme could hurt LNG supply and push buyers away Australia will make exporters of liquefied natural gas from the..

U.S. natural gas futures climb 2% on near-record LNG export flows

U.S. / LNG

LNG export flows near record highs Gas output remains at record levels in Lower 48 states, LSEG reports Energy Transfer suspends Lake Charles LNG plant development to focus on pipelines U.S. natural gas futures climbed about 2% on Friday on near-record gas flows to liquefied natural gas (..

Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project

Award from Technip Energies covers 6 mixed refrigerant turbomachinery trains for LNG production in Cameron, Louisiana LM9000 gas turbines paired with centrifugal compressors to deliver high efficiency, reliability, and lower carbon intensity Order builds on strategic agreement between Commonweal..

bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit

O'Neill, who will take over in April following the abrupt exit of Murray Auchincloss, becomes bp's first external CEO in its more than century-long history and the first woman to lead any of the world's top five oil majors.

Global LNG: Asia spot prices fall to 20-month low on weak demand

Asian spot liquefied natural gas (LNG) prices slipped to a fresh 20-month low this week, weighed by weak demand in the region and ample supplies.

Energy Transfer announces suspension of development of Lake Charles LNG export project

Energy Transfer LP announced that it is suspending development of the Lake Charles LNG project in order to focus on allocating capital to its significant backlog of natural gas pipeline infrastructure projects that Energy Transfer believes provides superior risk/return profiles. Energy Transfer mana..

U.S. allows oil sales from Russia's Sakhalin-2 project through June 18

The general license, issued by the U.S. Treasury Department, is important for U.S. ally Japan, which gets about 9% of its LNG from Russia.

Japan's JERA signs LNG sales deal with Hokkaido Gas

Under the agreement, JERA will supply about 130,000 metric tpy to 200,000 metric tpy of LNG on a delivered ex-ship basis from its global LNG portfolio.

Asia's imports of U.S. energy drop in 2025 despite Trump trade moves

The decline in imports from the United States is largely driven by China, the world's biggest buyer of commodities, which pulled back on purchases after Trump ramped up tariffs on U.S. imports of Chinese goods, with the current average rate around 47.5%.

Alfa Laval launches new fuel supply solution utilizing cryogenic technology for LNG-powered vessels

Alfa Laval announces the launch of a new fuel-conditioning module (FCM) which prepares liquified natural gas (LNG) for seamless use in marine engines.

Ovintiv enters into agreement for Cedar LNG capacity

Ovintiv Inc. and a subsidiary of Pembina Pipeline Corporation have announced the signing of a 12-yr agreement for 500,000 tpy of Pembina's liquefaction capacity at the Cedar LNG facility.

Freeport LNG export plant in Texas reports shutdown of liquefaction train

U.S. LNG company Freeport LNG said one of the three liquefaction trains at its LNG export plant in Texas shut on Tuesday, according to regulatory filings.

Wood awarded 10-year maintenance contract for Rio Grande LNG facility (U.S.)

John Wood Group has secured a significant ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville, Texas. Wood will provide comprehensive maintenance services to support safe, rel..

CNPC: China's natural gas demand seen up 5% in 2026

The 5% growth forecast marks a rebound from this year when China's apparent gas consumption dipped 0.3% year-on-year during the first 10 months and imports of liquefied natural gas (LNG) fell 16% during the same period.

Snam to acquire partner's stake in Offshore LNG Toscana

Snam has agreed to acquire Igneo Infrastructure Partners’ 48.2% interest in OLT – Offshore LNG Toscana S.p.A. (OLT), operating the FSRU Toscana offshore Livorno. The total consideration of the acquisition, including Igneo’s interest as well as the remaining part of the shareholder loan provided by I..

Five mega-trends reshaping the global energy and resources landscape in 2025

As the energy and resources landscape undergoes rapid transformation in 2025, driven by geopolitical shifts, strategic industrial realignments and accelerating technology change, Wood Mackenzie has released five charts that spotlight the most significant trends reshaping the sector globally in its l..

ADNOC L&S takes delivery of fourth newbuild LNG carrier as it continues strategic fleet growth

175,000 m3 ‘Al Sadaf’ LNG carrier is +25% larger than legacy models and designed to cut methane emissions by up to 50% ADNOC L&S’s strategic fleet expansion and modernization program will see two further sister vessels delivered during H1 2026 Next-generation carriers strengthen ADNOC L&S’s LNG ..

Update: Venture Global hits back at Shell's fraud claims in LNG arbitration battle

The legal documents submitted in New York Supreme Court mark the latest development in a prolonged saga over Venture Global's claimed failure to deliver LNG under long-term contracts while selling on the spot market as prices soared after Russia's invasion of Ukraine.

Morocco to launch nation's first deepwater LNG import terminal in 2026

Morocco will open a new deepwater Mediterranean port next year and another on the Atlantic in 2028, Equipment and Water minister Nizar Baraka said, as the North African country aims to replicate the success of Africa's largest port, Tanger Med. Nador West Med, under construction on the Mediterranea..

LNG cool-down vessel arrives at ExxonMobil's Golden Pass plant in Texas

In a major step towards producing liquefied natural gas at ExxonMobil and QatarEnergy's 2.4-bcfd Golden Pass LNG export plant in Texas, the Imsaikah LNG vessel has arrived at its port to cool down the plant. The ship is carrying LNG from Qatar that is expected to be used to cool equipment as part..

Australia nears gas market review that could squeeze LNG exporters

Australia is set to issue a gas market review that could curb exports of LNG from its east coast, where three operators led by firms such as Shell and Santos send cargoes to Asia and beyond. The review, which industry watchers expect Canberra to release as soon as this week, could include a policy ..