natural gas

U.S. natural gas prices ease on forecasts for less demand next week

U.S. natural gas futures eased about 1% on forecasts for less demand next week than previously expected.

Wary of 2022 crisis, Asian buyers to build strategic gas reserves

Governments across Asia are formulating strategic natural gas reserve policies, building new terminals and storage tanks as buffers against supply disruptions following last year's energy crisis that sent global prices soaring to a record.

Sinopec natural gas output rises in H1, petrochemicals output lags

Chinese state-owned energy giant Sinopec's natural gas production in the first half of 2023 rose 7.6% from a year before to 666.1 billion cubic feet.

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.

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.

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.

U.S. natural gas prices climb 4% as brutal heatwave lingers

U.S. natural gas futures climbed about 4% on forecasts for the weather to remain hotter-than-normal through early August, especially in Texas.

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.

U.S. gas system investments: Stranded assets or stranded customers?

Natural gas still heats the water and cooks evening meals in housing at California State University's Monterey Bay campus - but under plans for a multimillion-dollar electrification project, the fuel could soon be a thing of the past.

Russian piped gas exports to Europe July 1-15 jump 28% m/m

Pipeline natural gas exports to Europe by Russia's Gazprom in the first half of July rose by 28% from June's average, reaching 2023 highs, according to Reuters calculations based on volumes supplied via Ukraine and TurkStream.

China-U.S. climate progress could hinge on curbing of methane

This week's visit by U.S. climate envoy John Kerry to China after years of diplomatic disruptions could boost cooperation between the world's two biggest greenhouse gas polluters on the key issue of methane emissions.

U.S. natural gas prices ease to 3-wk low on rising output, less hot forecasts

U.S. natural gas futures eased about 1% to a fresh three-week low on rising output and forecasts for less hot weather over the next two weeks than previously expected.

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.

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.

Ksi Lisims LNG chooses Siemens Energy for low-carbon electrical compression design

The Ksi Lisims LNG project has awarded Siemens Energy a contract to assist with designing the project’s liquefaction compression and associated electrical systems.

Shell on track for restart of Norway's Nyhamna gas terminal

Shell is on track to restart its Norwegian Nyhamna gas processing plant on July 15, which has been shut down since mid-May, the company said.

Sempra expects US to approve permit extension for Cameron LNG plant

Sempra Infrastructure likely will ask the U.S. Department of Energy for an export license extension for its Cameron LNG facility expansion, President Dan Brouillette said.

Algeria's Sonatrach says it honors all gas contracts with Spain -company chief

Algerian state energy producer Sonatrach has honored all gas contracts with Spain, whatever the circumstances, Chief Executive Tewfik Hakkar said.

Cheniere shunning Panama Canal for longer LNG routes to Asia

Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal.

Chinese cities raise residential gas prices after policy reform

Chinese cities have been raising residential natural gas prices in recent weeks after Beijing launched a new mechanism linking retail residential gas prices with distributors' fuel purchasing costs, a reform long sought by utilities.

Equitrans weighing options as court blocks U.S. Mountain Valley project

U.S. energy company Equitrans Midstream said it is evaluating all legal options, including an emergency appeal at the U.S. Supreme Court, after an appellate court halted construction of the West Virginia-Virginia Mountain Valley natural gas pipeline in the Jefferson National Forest.

U.S. natgas prices up 1% as hot weather boosts cooling demand

U.S. natural gas futures edged up about 1% to a one-week high on a drop in daily output and forecasts for hotter-than-normal weather to continue through late July, especially in Texas.

India's gas regulator pitches for building natural gas storage

India should build storage for natural gas to boost the use of cleaner fuel in the country and hedge against global price volatility, A. K. Jain, chairman of the Petroleum and Natural Gas Regulatory Board, said.

Vietnam receives first LNG cargo in bid to develop new power supply

State-owned PetroVietnam Gas said it had received a cargo of 70,000 metric tons of liquefied natural gas from Singapore-based Shell Eastern Trading, marking Vietnam's first ever LNG import.

Japan gas lobby looks to PM's Middle East trip for stable supply

Japan Gas Association Chairman Takahiro Honjo said he hoped that Prime Minister Fumio Kishida's planned Middle East trip this month will help Japan ensure stable supplies of liquefied natural gas and other fuels.

Shell warns of big drop in gas trading results

Shell, the world's biggest liquefied natural gas trader, said second-quarter gas trading results were expected to come in "significantly lower" quarter-on-quarter, though in line with the previous two years' second quarters.

Brazil's Eletrobras to sell gas-fired power plants

Brazilian power company Eletrobras has begun structuring a process to sell its gas-fired power plants, in line with a goal of reaching net-zero carbon emissions, it said.

Europe’s gas storage is filling too fast

Europe’s gas storage is filling more slowly after prices fell sharply in the first half of the year, but a further slowdown will be needed to prevent space running out before the start of winter 2023/24.