natural gas
Germany's Uniper rides gas price fall to quarterly net profit
German state-owned utility Uniper reported a first quarter net profit of €6.7 B after releasing significant provisions it previously made in the wake of Moscow's move to stop gas supplies.
European gas spike risk lingers says Equinor CEO
The risk of price spikes lingers on the European gas market, depending largely on weather during the peak demand heating season later this year and LNG supplies.
Global gas markets rebalancing and remains tight in 2023
Global gas markets are gradually rebalancing but are expected to remain tight in 2023 amid lower Russian pipeline gas deliveries to Europe.
India's top gas importer sees 'huge jump' in demand as prices ease
India's top gas importer Petronet LNG expects a 'huge jump' in local gas demand for at least six months due to a softening of global prices of liquefied natural gas.
Timor Gap CEO expects Great Sunrise gas project decision by November
The head of East Timor's national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export.
New York State bans natural gas in some new construction
New York has become the first U.S. state to pass legislation banning the use of natural gas for heating and cooking in some new buildings, a plan designed to reduce carbon emissions but opposed by industry groups as excessive and costly.
Fire breaks out at gas processing plant in Kazakhstan
A fire broke out at a gas processing plant on the Zhanazhol gas condensate field in Kazakhstan, local authorities and the company developing the field said.
Equitrans may still complete Mountain Valley natural gas pipeline by end of 2023
U.S. energy company Equitrans Midstream Corp said it expects federal agencies to issue the required authorizations for its $6.6-B Mountain Valley natural gas pipeline from West Virginia to Virginia by the early summer.
UAE's ADNOC swaps Fujairah for Ruwais as location for LNG export project
he UAE's state energy firm ADNOC said its planned LNG project would move forward in the Al Ruwais Industrial City in Abu Dhabi and not in the emirate of Fujairah.
Brazil's Petrobras to keep stake in Colombia's deepwater block Tayrona
Brazil's state-controlled oil company Petrobras has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol and now aims to rapidly develop the field.
Aramco in talks with Sinopec and TotalEnergies for $10-B gas deal
Saudi Arabian oil giant Aramco is in talks with refining giant Sinopec Corp and French oil major TotalEnergies for a gas deal of about $10 B.
Russia temporarily halts gas supply to Armenia for planned maintenance
Russia temporarily halted gas supplies to Armenia for four days to conduct planned maintenance on a major gas pipeline.
Enbridge acquires gas storage facility in British Columbia for $295 MM
Canadian pipeline operator Enbridge Inc said it would acquire Aitken Creek natural gas storage facility in British Columbia from FortisBC Holdings Inc for $294.68 MM.
US natgas futures slide 2% on record output due to milder weather
U.S. natural gas futures slid about 2% on record output and forecasts for milder weather and less heating demand next week than previously expected.
RWE has no interest in operating LNG infrastructure long-term
Germany's RWE said it had no interest in operating infrastructure for importing LNG in the long run, responding to a report saying it wanted to pull out of a controversial LNG project in the Baltic Sea.
Norway plans to nationalize gas pipelines when concessions expire
Norway plans to nationalize most of its gas pipeline network when many existing concessions expire in 2028 to tighten control over key infrastructure.
U.S. natural gas production and LNG exports will likely grow through 2050 in AEO2023
U.S. EIA projects U.S. natural gas production to increase 15% and LNG exports to increase 152% between 2022 and 2050.
Eni launches LNG production in Congo Republic
Italian energy group Eni and Congo Republic's government on Tuesday launched a $5-B gas liquefaction project expected to reach a production capacity of 3 million tpy in 2025.
Japan's Tokyo Gas reports record 2022/23 profit on LNG price boost
Tokyo Gas reported its highest ever yearly net profit for the 2022/23 fiscal year amid record LNG prices but warned that next year's profit may drop because of projected lower city gas and electricity sales.
TotalEnergies Marine Fuels and MSC Group complete first LNG bunkering operation in Marseille
TotalEnergies Marine Fuels and the Cruise Division of MSC Group have successfully completed the first LNG bunkering operation at the Port of Marseille Fos, Southern France, for MSC Cruises’ MSC World Europa.
EU opens joint gas buying with eye to winter energy security
The European Union launched a scheme for European companies to place orders to jointly buy gas, with the aim of ensuring Europe has enough fuel and avoiding a repeat of last year's record-high energy prices.
Dutch government confirms plan to halt gas production in Groningen
The Dutch government said that it will invest $24.24 B in the earthquake-stricken Groningen region while confirming plans to halt gas production there no later than 2024.
Glenfarne set to decide to build Texas LNG export plant in 2023
U.S. energy company Glenfarne Group LLC said it expects to make a final investment decision in 2023 to build its proposed Texas LNG export plant in Brownsville with first liquefied natural gas production expected in 2027.
Biden EPA to issue power plant rules that lean on carbon capture
The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions as President Joe Biden's administration enacts new rules to help decarbonize the power sector in 12 years.
Delfin to sell LNG to Hartree from proposed Louisiana export plant
U.S. liquefied natural gas company Delfin LNG said on Monday it had signed a binding 20-year sale and purchase agreement with a unit of energy and commodities firm Hartree Partners LP.
NextChem awarded a new advanced basic engineering study by Storengy for the production of 2nd gen biomethane in France
Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a new contract by Storengy to carry out a further advanced basic engineering study for the gasification of the waste wood and the purification system of the syngas to produce biomethane.
US settles air pollution cases with three natural gas processors
The Biden administration said it had agreed on separate settlements worth about $25 MM in total with three natural gas processors to reduce air pollution across 12 states, including in communities disproportionately hit by health-harming emissions.
Erdogan offers free gas pre-election after first Black Sea field shipment
President Tayyip Erdogan flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections.
Russia's Gazprom seeks to liberalize domestic gas market
Russian energy giant Gazprom has asked the government to liberalize wholesale gas prices for domestic industrial consumers in some regions as it faces a steep decline in exports.
Japan's Mitsui buys U.S. gas asset in 'pragmatic solution' for energy transition
Japan's Mitsui & Co Ltd has bought a 92% stake in an unconventional gas asset in Texas and plans to promote its gas business as a "pragmatic solution" for the energy transition.
- 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™
