natural gas
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.
TES partners with Osaka Gas to develop large scale e-NG value chain
TES announced that it has entered into an agreement with Osaka Gas UK to jointly collaborate on developing the e-NG value chain and conduct joint studies on a wide range of e-NG1 related subjects.
Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production
Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.
Aliso Canyon to store more gas to prevent winter price spikes
California's utilities regulator raised the inventory level of Aliso Canyon natural gas storage to prevent price spikes seen last winter, while seeking to wean the state off the facility that in 2015 caused the biggest gas leak in U.S. history.
Talks to avert strike called as Chevron Australia LNG workers reject deal
Planned work stoppages next week at two of Australia's largest LNG facilities are scheduled to go ahead unless mediation can produce a deal after workers at Chevron rejected the company's offer on pay and conditions.
Eni, Snam set ambitions for Italy's first carbon storage project
The two groups joined forces last year to set up the first CCS project in Italy. The hub they plan to create in the Adriatic sea will store around 16 million standard tons of carbon dioxide each year, nearly half of the net annual emissions from the country's most carbon-intensive industries.
U.S. natural gas prices up 2% to 3-week high on output decline, hot forecasts
U.S. natural gas futures climbed about 2% to a three-week high on Friday on a drop in daily output and forecasts for continued hot weather.
LNG prices may spike in winter as risks remain, Tokyo Gas exec says
Prices of LNG could spike this winter even with high storage levels in Europe, a Tokyo Gas executive said, as many political and market uncertainties remain.
Canada's Altagas to buy natural gas assets from Tidewater for $650 MM
Canada's Altagas has agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure for $650 MM.
Asian spot LNG prices flat amid more certainty over Australia strike action
Asian spot LNG prices held steady this week as more certainty over potential strike action at LNG facilities in Australia kept buyers on the sidelines from seeking replacement cargoes.
Germany's gas imports fall 17.9% in year 2023 to August
Gas imports into Germany dropped 17.9% year-on-year in January-August 2023, utility industry association BDEW said, pointing to savings resulting from calls to conserve energy after last year's supply crisis.
Gazprom accounts for more than half of increase in China's gas imports
Alexei Miller, the chief executive of Russian gas giant Gazprom, said that the company accounts for more than half the increase in China's gas imports this year, without providing figures.
U.S. LNG projects win higher processing fees as interest rates climb
Long-term buyers of U.S. LNG are willingly agreeing to higher liquefaction fees at newer export projects.
Tanzania names new energy minister to oversee LNG development
Tanzania President Samia Suluhu Hassan named a new energy minister as part of a cabinet reshuffle, ahead of expected cabinet approval for a $42-B LNG project.
LNG imports from Russia rise, despite cuts in pipeline gas
European Union countries have increased their imports of liquefied LNG from Russia compared with before the Ukraine war, despite the EU's aim to quit Russian fossil fuels within a few years, an analysis by campaigners showed.
Prospect of strong El Niño weighs on U.S. gas prices
Rapidly forming El Niño conditions over the central and eastern Pacific Ocean have increased the probability of a strong episode this winter that would likely raise temperatures and cut gas consumption in the United States.
Sempra Infrastructure to develop carbon-neutral gas production and LNG supply chain
Sempra Infrastructure, a subsidiary of Sempra, announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company., Ltd. and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
