natural gas

EU's Simson calls for phase-out of imports of Russian LNG

The European Union must reduce Russian LNG exports and aim to phase them out completely.

Disagreements delay Russian gas hub plans in Turkey

Russia's push to create a "gas hub" in Turkey to replace lost sales to Europe is facing delays because of disagreements over who should be in charge of it.

India issues tender for gas-fired power to address unusually high power demand

India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November.

Chevron LNG workers escalate strike action; fault at Australia plant hits output

Unionized workers at Chevron's Australian facilities escalated strike action, when simultaneously a fault at the energy major's Wheatstone plant was discovered that halted about a quarter of its liquefied natural gas production.

Freeport LNG feedgas intake cut for fifth day

Freeport LNG's natural gas intake at its plant in Texas fell to zero, marking a fifth straight day of operating well below capacity according to LSEG data and suggesting a persistent outage at the plant.

Freeport LNG gas intake remains well below capacity, at about 695 mcf

Freeport LNG's natural gas intake remained well below capacity for a fourth day, at about 695 million cubic feet.

North Africa will be Italy's key gas supplier for years, Eni top exec says

Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources said, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects.

Work delays behind Troll gas field maintenance extension, Equinor says

A planned maintenance outage at Norway's Troll field, Western Europe's largest, has been extended as scheduled work is taken longer than expected.

Feedgas flows to U.S. Freeport LNG drop sharply

Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and were still down for the third day in a row.

Tellurian drops equity-ownership condition for Driftwood LNG project

Tellurian Inc will sell LNG supplies to non-equity holders to bring its long-delayed Driftwood LNG project to fruition.

Russia's Gazprom to launch two Amur gas processing lines in 2024

Gazprom, Russia's largest natural gas company, plans to launch two more processing lines at the Amur gas processing plant early next year.

Chevron gambles on untested laws to halt Australia LNG strike action

Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone LNG facilities as unions prepare for full scale strikes.

EU has no immediate plans to ban Russian LNG, says Spain's Ribera

The European Union has no short-term plan to ban Russian LNG despite soaring imports to the bloc, Spain's energy minister said, citing fears of another price spike.

Asian spot LNG prices slip on tepid demand, Australia strike offers no support

Asian spot LNG prices inched down this week on tepid demand, even as supply concerns deepened after workers at Chevron's Australia LNG projects went on strike.

Spain relying on Russian gas as overall imports fall

Spain is increasingly relying on Russian natural gas even though its overall imports are falling.

German parliament passes bill phasing out oil and gas heating systems

Germany's lower house of parliament passed a bill on phasing out oil and gas heating systems after months of wrangling, but the watered-down bill means the sector's 2030 climate goal cannot be reached.

LNG suppliers pin hopes on China for long-term demand

Suppliers of LNG are betting on China to drive demand for the super-chilled fuel over the longer term despite last year's slowdown, as the country locks in multi-year supply deals.

Buoyant LNG industry bets it's in the energy mix for decades

The LNG industry has changed its tune from saying it is a transition fuel on the path to net-zero emissions, to believing it is an integral part of the solution and will be necessary for decades to come.

India seeks more natural gas amid emergency measures to end blackouts

India is seeking additional volumes of natural gas and has asked utilities to expedite completion of power plant maintenance, as part of emergency steps to stop electricity outages.

Exxon eyes China LNG downstream opportunities

Energy major ExxonMobil sees China as a strong long-term growth market for LNG despite a recent slowdown in demand there and is looking at potential downstream opportunities in the country.

Japan's Inpex interested in buying U.S. LNG linked to Henry Hub prices

Inpex, Japan's top oil and gas producer, is interested in buying LNG from the United States linked to the Henry Hub prices.

Tellurian and Baker Hughes announce agreement for Driftwood LNG Phase 1 liquefaction equipment

Tellurian Inc. and Baker Hughes announced Wednesday an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.

Venture Global and Baker Hughes announce expanded master equipment supply agreement

Venture Global LNG announced its long-term expansion plan to increase production from 70 mtpa to more than 100 mtpa of nameplate LNG export capacity.

Asian LNG buyers face volatile market until 2026

Asian LNG buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility.

Ministers, CEOs and global business leaders commit to unified industry action towards net zero on opening day of Gastech 2023

Gastech 2023, the world’s largest meeting place for natural gas, LNG, hydrogen, low-carbon solutions, and climate technologies, opened today welcoming record-breaking numbers to Singapore EXPO.

bp enters third long-term LNG offtake contract from Woodfibre’s British Columbia LNG facility

bp has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.

Bunker fuel market to convert to LNG in next 10 years

The global bunker fuel market is expected to convert substantially to LNG over the next 10 years.

EU proposes permanent scheme for joint gas purchases

The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel.

Thailand regasification capacity to nearly double by 2030

Thailand's annual gas regasification capacity will nearly double by the end of the decade as LNG imports are set to rise to replace declining domestic production.

Global gas prices still seen volatile, even as Europe in a better position

Global gas prices are expected to remain volatile, even though Europe is better positioned heading into winter this year.