natural gas

Biden administration grants Mountain Valley Pipeline permit

The Biden administration has approved a permit to allow the Mountain Valley natural gas pipeline to run through the Jefferson National Forest straddling Virginia and West Virginia.

The EU will ban Russian LNG 'sooner than later,' Spain’s energy minister says

European Union countries will agree sooner rather than later to ban import of LNG from Russia.

Germany's LNG import terminals tackle challenges

A German government-backed LNG terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.

Executives say Australia gas moves may hit long-term energy investment

The Australian government's repeated intervention in domestic gas prices could have long-term repercussions on investments in its wider energy sector, industry executives warned.

Bangladesh rocked by power cuts as cyclone hits gas supply

Bangladesh faced its worst power cuts in over seven months as a deadly storm forced the closure of both its floating LNG terminals, less than a month after a scorching heatwave caused widespread outages in the south Asian country.

Kazakhstan, Russia map out gas pipeline to China

Kazakhstan and Russia have established the route for a future gas pipeline to support shipments between the two countries and to China, Kazakhstan's energy minister said.

Woodside open to talks with Chinese firms for Scarborough gas project

Woodside Energy Group said it is open to talks with Chinese firms to invest in its $12-B Scarborough liquefied natural gas project in Australia.

Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy

Technip Energies is pleased to announce that a joint venture, led by Technip Energies in partnership with Consolidated Contractors Company, has won a major Engineering, Procurement, Construction and Commissioning contract by QatarEnergy for the onshore facilities of the North Field South Project.

Argentina seeking new Vaca Muerta pipeline work to move local gas supply

Argentina's government will next week call for bids to reverse the flow of natural gas on a major pipeline designed to transport Vaca Muerta production to the north and center of the country.

German gas storage levy set at €1.45/MWh from July

A charge to help fund gas imports into Germany will more than double from July, according to Trading Hub Europe, which was tasked by Berlin with ensuring national stocks get Europe’s top economy through the winter.

Germany scales down LNG terminal plans as supply crisis eases

Germany will almost halve planned capacity for LNG terminals in the Baltic Sea as Berlin revaluates its LNG needs given local resistance and an easing of energy bottlenecks.

Shell halts production at Prelude floating LNG facility

Shell has suspended production at its Prelude floating LNG facility off Western Australia due to problems with its processes and is working through steps to restart production at the world's largest floating LNG platform.

EU watchdog sees concentration and liquidity risks in gas derivatives

Europe's $4.5-T natural gas derivatives market has become less transparent since Russia's invasion of Ukraine and faces risks due to a small number of market players and low liquidity.

U.S. permit crackdown poses new hurdles for proposed LNG projects

The U.S. Department of Energy's refusal to grant export permit extensions to LNG developers that fail to meet a construction deadline poses a new hurdle for greenfield plants.

Alberta producers restart oil and gas operations as wildfires temporarily ease

A number of oil and gas companies in Canada's main crude-producing province Alberta restarted shuttered production as wildfires that sparked widespread evacuations eased, although officials warned conditions could deteriorate.

ADNOC Gas reports Q1 2023 net income of $1.3 B, up 9% year-on-year

ADNOC Gas plc announces its first quarterly financial results since its formation and initial public offering, for the three months ended March 31, 2023.

Finland's Gasum not taking LNG from Russia's Kryogaz

Finnish energy provider Gasum has not been taking cargoes of liquefied natural gas for about a month from the Russian Kryogaz-Vysotsk plant controlled by Novatek citing data from analytics group Kpler.

Europe’s gas prices slide on swollen inventories

Europe has made a relatively slow start to rebuilding gas inventories but stocks were so high at the end of last winter that storage sites are still on course to be full well before summer ends, putting downward pressure on prices.

AXPC releases statement on EPA’s rule proposal on natural gas power plants

EPA released a new proposal that requires very aggressive emissions reductions and imposes requirements not only on new power plants, but also existing ones – making it significantly harder to rework an existing power plant and deterring investment in natural gas generating facilities.

Axens to provide tech for the complete gas treatment chain at CSV Albright Sour Gas Processing Plant in Canada

Axens has been selected to supply the technologies for the Acid Gas Removal unit and the Sulphur Recovery unit of the Albright Sour Gas Processing Plant to be constructed by CSV Midstream Solutions Corp. in Alberta, Canada.

UAE's ADNOC says 'business as usual' in Asia

Abu Dhabi National Oil Company sees no dip in demand from Asian customers as cheap Russian oil flows into the continent on the back of Western sanctions on Moscow, a senior executive said.

Texas Waha natural gas prices turn negative on low spring demand

Spot natural gas prices at the Waha hub in the Permian Shale in West Texas fell into negative territory as pipeline maintenance prevented some gas from leaving the basin and mild spring weather reduced demand for the fuel.

GAIL plans $4.9-B ethane cracker in West India

GAIL Ltd, the country's top gas supplier, plans to build a $4.89-B ethane cracker near its LNG import plant in Western India as it seeks to meet an expected surge in demand.

Indian court upholds tribunal ruling favoring Reliance in gas sale case

Delhi High Court has upheld the ruling of an arbitration panel favoring Reliance Industries and its foreign partners in a dispute over gas migration from fields operated by state-owned Oil and Natural Gas Corp Ltd , a court order shows.

Equinor and partners to invest $9 B in new gas field off Brazil

Equinor and its partners have decided to invest about $9 B to develop the BM-C-33 gas and condensate discovery off Brazil Norwegian company said.

Osaka Gas sees profit jump in FY23/24 after Freeport LNG restarts

Japan's Osaka Gas Co predicted that its net profit will double to ¥116 B in the current fiscal year to March 2024 after the restart of exports from the U.S. liquefied natural gas company Freeport LNG.

Denmark, Sweden sign solidarity agreement on gas supply

Denmark and Sweden have signed an agreement on mutual support in case of gas shortages, the energy authorities of the two countries said.

Norway plans wider gas transport nationalization including at Nyhamna

Norway's plan to nationalize gas pipelines owned by the Gassled company also includes an additional goal to take over other assets, including at the Nyhamna processing plant, a letter from the Norwegian energy ministry to the owners showed.

Equinor's Hammerfest LNG plant offline after outage

Equinor's Hammerfest LNG plant in Arctic Norway suffered a compressor failure and is expected to remain offline until May 19.

New Fortress Energy could install Fast LNG units onshore at Altamira, Mexico

U.S. energy company New Fortress Energy Inc said it could install the second and third of its Fast LNG production units onshore at Altamira in Mexico in the second half of 2024.