natural gas
Suez Canal tugboat sinks after collision with LPG tanker
A Suez Canal tugboat sank and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was largely unaffected, the canal authority said.
U.S. natural gas prices up 1% on hot forecasts, strong air conditioning demand
U.S. natural gas futures edged up about 1% on Friday on forecasts for the weather to remain hotter than normal through mid-August, keeping air conditioning demand extremely high, especially in Texas.
U.S. natural gas exports to Mexico hit monthly record in June- EIA
U.S. natural gas pipeline exports to Mexico averaged around a record of 6.8 bcfd in June, driven by hot weather which increased demand in Mexico's electric power sector, according to the Energy information Administration.
Nigeria's Tinubu hails significant new gas-fired power plant
Nigeria began construction of a 1,350 megawatt gas-fired power plant near its capital Abuja, the first major project under President Bola Tinubu, who promised to improve erratic electricity supply and spur sluggish economic growth
Asian LNG spot prices ease slightly as demand remains tepid
Asian spot LNG prices fell slightly this week, as demand in the region remained weak.
Nigeria turns to natural gas for fuel as petrol prices rise after subsidy removal
Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices rise sharply, angering motorists and businesses that use petrol to generate their own power.
ConocoPhillips signs 20-year LNG supply deals with Mexico Pacific
ConocoPhillips has signed 20-year deals to receive a collective 2.2 million tons of LNG a year from Mexico Pacific's Saguaro export facility, the U.S. oil and gas producer said.
Cheniere tops earnings estimates despite weaker LNG prices
Top U.S. liquefied natural gas exporter Cheniere Energy Inc reported second-quarter earnings that topped Wall Street forecasts, and raised its full-year profit outlook.
Qatar natural gas production and exports stable as country eyes expansion
In 2021, Qatar was the world’s sixth-largest dry natural gas producer, the second-largest liquefied natural gas (LNG) exporter, and the third-largest holder of natural gas reserves, according to the data in our recently updated Country Analysis Brief: Qatar.
Israel's energy minister favors more natural gas exports
Israel's energy minister said on Wednesday that more of the country's natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and debate on whether the gas should be kept for domestic use.
Germany’s LNG import terminal build up
The EU Commission has approved a $43.9-MM support measure for the land-based liquefied natural gas terminal at Germany's Brunsbuettel on the North Sea, citing its contribution to the security and diversification of supply.
REV LNG and HOPA continue LNG bunkering in Hamilton with first european vessel
REV LNG, LLC, a New York-based Liquefied Natural Gas services provider and the Hamilton-Oshawa Port Authority recently provided LNG to the Fure Viten, a Furetank vessel under charter by Petro-Nav Desgagnés.
TC Energy begins re-pressurizing unaffected pipeline section in Virginia
Canada's TC Energy began re-pressurizing part of its Columbia Gas Transmission Pipeline in Strasburg, Virginia that was not directly impacted by an unplanned incident last week, the company said.
U.S. power generators burn record amounts of natural gas on hottest day of summer
U.S. power generators will likely burn a record amount of natural gas for a second day in a row, the hottest day so far this summer, as homes and businesses crank up their air conditioners to escape a brutal heatwave blanketing much of the country.
Asia's LNG demand ticks higher, but Europe's slips, leaving prices muted
Asia's demand for liquefied natural gas ticked up to the most in six months in July but the small increase was partially offset by declining demand in Europe.
Britain commits to hundreds of North Sea oil and gas licenses
Britain committed to granting hundreds of licenses for North Sea oil and gas extraction as part of efforts to become more energy independent, drawing criticism from environmental campaigners.
Fulkrum lands seven figure deal on Sempra Infrastructure PALNG Phase 1 Project
Leading provider of inspection, expediting, auditing and technical staffing services, Fulkrum, has been awarded a seven-figure contract for the provision of third-party inspection services on Sempra Infrastructure’s Port Arthur LNG Phase 1 project in Port Arthur, Texas.
bp and OMV sign a 10-year LNG supply agreement
bp and OMV announced the signing of a long-term sale and purchase agreement covering supply of up to 1 million tons of liquefied natural gas per year for 10 years from 2026.
EBRD approves extra $180 MM for Moldova gas purchases
The European Bank for Reconstruction and Development has approved additional financing of $180 MM for Moldova to make gas purchases, the EBRD president said.
Strong gas business helps to cushion Eni profit fall
Italian energy group Eni reported a 49% fall in its adjusted net profit in the second quarter because of weaker commodity prices but a strong performance from its gas business helped it to beat forecasts.
Australian state bans gas to new homes from 2024 in push to cut emissions
The Australian state of Victoria will ban natural gas connections to new homes from next year as part of a plan to cut emissions and lower energy bills, the state climate action minister said.
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.
Italian gas group Snam seeks to tap EU green energy funds
Italy's state-controlled gas grid operator Snam said it expected to get a financial support for some of its projects from the European Union's REPowerEU green energy scheme.
Venezuela-Trinidad gas project talks hit sticking point over terms
Negotiations between Venezuela and Trinidad and Tobago to jointly develop an offshore gas field near the maritime border have hit a sticking point following Venezuela's refusal to accept the terms of a U.S. license, the Caribbean nation's Prime Minister Keith Rowley 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.
Varo Energy secures $3.3 B in boost to biogas goals
Refiner and trader Varo Energy secured $3.33 B in its latest financing round, which will help to fund its sustainable energy projects, including its purchase of a stake in northern Europe’s biggest biogas facility.
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.
Maryland Cove Point LNG feedgas drops after Virginia natgas pipe fire
The shutdown of part of Canadian energy company TC Energy's Columbia Gas Transmission Pipeline in Virginia after a fire has reduced the amount of gas flowing to the Cove Point liquefied natural gas export plant in Maryland, the plant told customers.
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.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
