LNG

Shell expects Venture Global LNG supply deal to be honored

Top LNG trader Shell expects its agreement with Venture Global LNG to supply liquefied natural gas to be honored, but does not see this happening at the moment, CEO Wael Sawan said.

Shell expects Venture Global LNG sale agreement to be honored

Top LNG trader Shell expects its sale agreement with Venture Global LNG to be honored and does not see this happening at the moment.

Italy's Saipem sees progress towards resuming Mozambique LNG project

Italian energy services group Saipem said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.

Gas producer Wintershall Dea CEO says exiting Russia gets harder by the day

Wintershall Dea's exit from Russia, announced in January, is proving increasingly difficult in an unpredictable business and political environment, Mario Mehren, chief executive of the oil and gas producer said.

EQT in deal with Energy Transfer for Lake Charles LNG export plant

EQT, the biggest U.S. natural gas producer, entered into an liquefied natural gas agreement with U.S. energy firm Energy Transfer's proposed Lake Charles liquefied natural gas export plant in Louisiana.

China policy reform to end losses for city-gas firms on household sales

Policy reform in China will boost profit for city-gas distributors by letting them raise prices for residential sales above costs, after years of selling piped gas to households at a loss, according to utility officials and analysts.

Europe gas supply looking good this winter, Equinor CEO says

Europe's outlook for gas supply is looking good for the coming winter given high gas reserves and plentiful access to supplies, Equinor CEO Anders Opedal told Reuters, but could tighten next summer due to lower reserves.

Naturgy's profit rises on LNG gains, soothing shareholders

Spanish power utility Naturgy reported an 88% jump in profit for the first six months of the year, boosted by strong earnings at its liquefied natural gas business, which could help it to win over restive investors.

Eni takes over Chevron's stake in Indonesia deepwater gas project

Eni signed a deal to take over U.S. oil giant Chevron's stake in the Indonesia Deepwater Development gas project, bolstering the Italian company's position in the southeast Asian oil and gas producer.

Indonesia's big gas projects to proceed after global majors sell stakes

Shell and Chevron's agreements to sell stakes in major Indonesian gas projects to Pertamina, Petronas and Eni will unleash development at the fields, enabling the country to boost its flagging output, the buyers said.

Russia's Putin approves departure of Arctic LNG 2's first line to production site

Russian President Vladimir Putin approved Arctic LNG 2's first line departure via the Northern Sea Route from the Murmansk region to its future production site on the Gydan peninsula, the Kremlin said.

Cheniere Energy's Sabine Pass LNG plant returns to normal

Cheniere Energy Inc's Sabine Pass LNG export facility returned to normal processing levels following an outage at one of its units.

Argentina turns away Gunvor-chartered LNG tanker, citing sanctions

A tanker containing liquefied natural gas that originated from a Russia supplier and was loaded onto a Gunvor Group-chartered vessel off the coast of France was turned away this week by Argentine energy firm Enarsa.

German town opposed to LNG terminals asks for operator's finances to be checked

The German resort town of Binz has asked anti-money laundering authorities to investigate the capital of Deutsche ReGas, operator of a planned liquefied natural gas terminal which the town opposes on environmental grounds.

Egypt aims to resume gas exports by October

Egypt is targeting a resumption of liquefied natural gas exports by October at the start of autumn.

Fluor reaches significant milestone on LNG Canada Project

With the arrival of the last module by ship from its fabrication yard in Zhuhai, China, Fluor Corporation announced today that it has completed the module fabrication program on the LNG Canada project in Kitimat, British Columbia, Canada.

Bangladesh in talks with Malaysian firm for LNG supply

Bangladesh is in talks with a Malaysian firm to secure more supplies of liquefied natural gas, industry sources said, as the South Asian country looks to meet demand for power.

UAE'S ADNOC Gas agrees to $7-$9 B 14-year LNG agreement with Indian Oil Corp

Abu Dhabi's ADNOC Gas announced a 14-year $7-$9-B deal with Indian Oil Corp to supply 1.2 million metric tons of liquefied natural gas per year, ADNOC said in a statement.

Cheniere Energy eyes new gas pipeline to feed LNG expansion

Cheniere Energy Inc, the largest U.S. liquefied natural gas exporter, says it may build a new pipeline to link its Louisiana expansion project to other pipelines in major shale-gas producing regions as it seeks to diversify its risk.

Tuscan LNG terminal to be moved offshore by 2026

A liquefied natural gas vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said.

Japan PM Kishida in Qatar for LNG talks

Japanese Prime Minister Fumio Kishida arrived in major gas-producer Qatar for the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high-tech.

Finland's Gasum resumes LNG purchases from Russia's Kryogaz

Finnish energy provider Gasum has resumed liquefied natural gas purchases from the Kryogaz-Vysotsk plant controlled by Russia's Novatek, Gasum said and Refinitiv ship-tracking data showed.

World’s top LNG players push for more, but greener, gas investments

Current investments in gas infrastructure are falling short of what is needed, officials at an industry conference in Japan said, citing the role they say the fuel has to play in both global energy security and the transition to net zero.

EU considers gas imports from Argentina

The European Union is considering possible gas imports from Argentina, which is a net gas importer but plans to expand domestic production, a draft document showed.

Vietnam's big bet on LNG may not ease its power crisis

Vietnam received its first shipment of liquefied natural gas this month, a milestone for the energy-hungry country, but various hurdles mean it could take years for imported gas to ease the country's long-running power shortages.

Chevron opted to buy vs build US LNG processing

Chevron Corp is comfortable with buying U.S. liquefied natural gas on long-term contracts rather than constructing its own U.S. domestic export facility, said Freeman Shaheen, the company's head of global gas.

Pakistan LNG gets bids to buy spot LNG from Trafigura, first in a year

Pakistan LNG Ltd received its first bids in a year to buy spot cargoes of liquefied natural gas from commodities trader Trafigura, to deliver two cargoes in January and February.

Asia spot LNG prices slip on muted demand, high EU stocks

Asian spot liquefied natural gas prices fell this week, as muted demand in Northeast Asia and high gas inventories in Europe continued to weigh on prices.

Energy Transfer signs deals for Louisiana Lake Charles export plant

U.S. energy company Energy Transfer entered three non-binding agreements to sell liquefied natural gas from its proposed Lake Charles export plant in Louisiana.

NextDecade makes final investment decision on Rio Grande LNG Phase 1

Liquefied natural gas firm NextDecade said it has made a positive final investment decision to construct the first three liquefaction trains at its Rio Grande LNG export facility.