G7 climate ministers consider endorsing new gas investments

Climate ministers of the Group of Seven countries may make the case for new investments in natural gas supply, despite assessments that such investments would thwart globally agreed climate change goals.

Japan's Octopus Energy unit aims to increase renewables in energy source mix

The Japanese arm of British energy supplier Octopus Energy aims to add more renewable energy to its supply mix because it provides a more stable purchasing price compared with the liquefied natural gas it now relies on.

Energy firms bet big on German port as clean energy hub

Germany's only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 B to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas.

Shell sees stronger LNG volumes and oil product performance in Q1

Shell expects higher LNG output in the first quarter after outages at its Australian plants last year as well as stable earnings from LNG trading.

Europe facing costly winter without enough long-term LNG deals

Europe has not made enough progress in locking in long-term contracts for LNG as an alternative to Russian pipeline supply, which may prove costly next winter as a rebound in Chinese demand could sharply tighten the market.

Tellurian to sell land for $1 B and lease back for Driftwood LNG project

U.S. LNG developer Tellurian Inc has entered into an agreement with an institutional investor to sell 800 acres of land in Louisiana for $1B.

INPEX submits revised plan of development for Abadi LNG project

INPEX Corporation announced that through its subsidiary INPEX Masela, Ltd., it has submitted a revised Plan of Development for Abadi LNG Project incorporating a CCS component to Indonesian government authorities on behalf of the joint venture composed of INPEX and Shell.

U.S. natgas futures up 3% on daily output decline, rising LNG feedgas

U.S. natural gas futures rose about 3% on Wednesday on a decline in daily output and an increase in the amount of gas flowing to LNG export plants since Freeport LNG's export facility in Texas exited an eight-month outage in February and returned to full power over the past week.

Fluxys declares force majeure at Dunkirk LNG terminal

Fluxys has declared force majeure at the Dunkirk liquefied natural gas terminal it operates due to expected disruptions from Thursday morning to Friday morning.

U.S. natgas futures edge up 1% on record feedgas to LNG export plants

U.S. natural gas futures edged up about 1% on Tuesday as the amount of gas flowing to LNG export plants remains at record highs after Freeport LNG's facility in Texas exited an eight-month outage in February and returned to full power over the past week.

Technip Energies awarded a significant contract for the electric driven Xi’An LNG project in China

Technip Energies has been awarded a significant contract by Shaanxi LNG Reserves & Logistics Co. Ltd. for the 3 million normal cubic meters per day (Nm3/d). Xi'An LNG Emergency Reserve & Peak Regulation Project in China.

EU's Simson welcomes potential halt on Russian LNG imports

Proposals to stop Russian companies from sending liquefied natural gas to European Union nations were welcomed by EU Energy Commissioner Kadri Simson.

U.S. natural gas futures drop 4% on rising output, milder weather

U.S. natural gas futures dropped about 4% on Monday on rising output and forecasts for milder weather and less heating demand than previously expected, which should allow utilities to start injecting gas into stockpiles this week.

Philippines set to receive first-ever LNG cargo for power generation

The Philippines has bought its first-ever liquefied natural gas cargo, which will be delivered this month, bound for a new terminal that will fuel a 1,200-megawatt power plant.

Chevron Lummus Global selected for Brazil's Petrobras Gaslub Hub

Chevron Lummus Global LLC announced a recent contract award from Petróleo Brasileiro S.A. for a new 12,580 bpd hydroisodewaxing unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil.

Baker Hughes announces major LNG order from QatarEnergy for the North Field South Project

Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas.

Vietnam needs $11.5-B to expand national fuel storage capacity by 2030

Vietnam would need investment of up to $11.51 B to expand its national fuel storage system by 2030 citing a draft plan prepared by the Ministry of Industry and Trade.

Finland's floating LNG terminal to receive first commercial cargo

Finland is set to receive the first commercial delivery of liquefied natural gas to the Inkoo floating terminal set up to replace Russian gas supply after the start of the war in Ukraine.

Gazprom's exports to Europe up 4% in March from Feb

Gazprom's gas supplies to Europe were up 4% on a daily basis in March compared to February based on shipment data from Gazprom's daily transit volumes sent through Turkey and Ukraine.

Asia spot prices maintain downtrend on tepid demand

Asian spot liquefied natural gas this week hit its lowest since early July 2021 as weak demand and solid inventories in northeast Asia continued to pressure prices, while Europe prepared to exit winter with record inventories.

Barcelona to Italy LNG exports rose 17-fold in 2022 amid Ukraine war impact

Seaborne exports of liquefied natural gas from Barcelona to Italy rose 17-fold in 2022 from the prior year, while shipments in the first two months of 2023 alone accounted for 45% of last year's traffic.

Venture Global LNG delays commercial ops at Calcasieu in Louisiana

U.S. liquefied natural gas company Venture Global LNG told federal energy regulators and customers that it needs to make repairs at Calcasieu Pass in Louisiana that will delay the start of the export plant's full commercial operations.

China’s LNG imports to show small rebound in 2023

China’s liquefied natural gas imports fell sharply in 2022 because of the disruption caused by lockdowns to control the coronavirus epidemic and the massive exit wave of infections when they were lifted.

Freeport LNG's Texas export plant back at full power, data shows

U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to pull in as much natural gas from pipelines as the facility can process into LNG, a sure sign that it was back at full power.

US natgas flows to Freeport LNG export plant in Texas rise

The amount of natural gas flowing to U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to hit its highest on Wednesday since shutting in June 2022.

French strikes hit refining, LNG imports

France's fuel supplies have been disrupted by more than three weeks of strikes against the government's pension overhaul, with production halted at three of its seven refineries, reduced at two, and two others undergoing maintenance.

bp, ADNOC offer to buy 50% of Israel's NewMed Energy

bp and Abu Dhabi's state oil giant offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2-B.

SocGen confirms it pulled out of Texas LNG project

French bank Société Générale has pulled out of the U.S. energy company NextDecade's Rio Grande Liquefied Natural Gas (LNG) project in Texas last year.

EU countries seek legal option to stop Russian LNG imports

European Union countries agreed on Tuesday to seek a legal option to stop Russian companies sending liquefied natural gas to EU nations, by preventing Russian firms from booking infrastructure capacity.

Australia's gas sector says more supply is the answer

The Australian natural gas sector believes it has the solution to warnings of a shortfall in domestic supplies in coming years: produce more.