Regions
China received 22 shipments of LNG from sanctioned Russian projects in 2025
One shipment was from Portovaya and the rest were from the Arctic LNG 2 project. The U.S. and EU have sanctioned the projects to curb revenue reaching Russia following its invasion of Ukraine.
UGI Energy Services commissions Pennsylvania (U.S.) LNG facility
The new Carlisle LNG storage and vaporization facility joins the company’s expanding network of LNG and peak shaving assets.
Russia's pipeline gas exports to Europe fall 44% to lowest in decades
The EU has said it will cease importing Russian gas by the end of 2027, as part of its effort to overcome the bloc's dependency on Russian energy and to withhold funds that could be used for its military campaign in Ukraine.
Australia's Woodside signs binding LNG supply deal with Turkey's BOTAS
Australia's Woodside Energy said it had signed a supply agreement with Turkish state-owned petroleum company BOTAS to deliver around 5.8 billion cubic meters of liquefied natural gas for up to nine years, starting in 2030. This deal converts the non-binding head of agreement signed by the two parti..
Asia spot LNG prices edge up on South Korean demand
Asian spot liquefied natural gas prices edged up last week as forecasts for colder weather boosted demand in South Korea, but overall weak buying in China left prices down 34% since the start of 2025.
Five energy market trends to track in 2026, the year of the glut
This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russia in its war against Ukraine, OPEC’s often perplexing production decisions and the recently threatened U.S. blockade of Venezuela.
Cheniere achieves substantial completion of Train 4 at CCL Stage 3
The CCL Stage 3 project, which, upon completion, will comprise seven mid-scale trains and more than 10 metric MMtpy of LNG capacity, continues to track ahead of schedule and on budget.
Trinity Gas Storage reaches FID on Phase II expansion
The additional capacity is expected to be placed into service on August 1, 2026.
Russia delays LNG output target of 100 MMtpy due to sanctions
Russia's long-term plans to gain a fifth of the global LNG market by 2030–2035, from 8% currently, have been challenged by sanctions imposed over the conflict in Ukraine, including against the new Arctic LNG 2 plant.
Russia almost doubles LPG exports to Central Asia, Afghanistan this year
Moscow has had to divert supplies of LPG, or propane and butane, from Europe, which introduced restrictions on LPG imports from Russia in December 2024 over the war in Ukraine.
Malaysia's Petronas signs LNG supply deal with China's CNOOC
Malaysian state-owned energy firm Petroliam Nasional, opens new tab said it would supply Chinese offshore oil and gas company CNOOC, opens new tab with 1 metric MMtpy of LNG.
Russia's pipeline gas exports to China seen up 25% this year
Russia has re-routed most of its oil to India and China since the start of the war in Ukraine in 2022 as Moscow and Europe - once its main commodity export market and source of revenue - severed ties.
SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM
SOCAR already owns the Petkim petrochemical complex and the STAR oil refinery in Turkey, and the acquisition further expands the company's footprint in the country's energy sector.
Iraq says gas supplies from Iran have been halted
The ministry reported that 4,000 MW–4,500 MW of power have been lost from the electrical system as a result of the halt to Iranian gas supplies.
Myanmar set to resume LNG imports after receiving cargo last month
This would mark the Southeast Asian nation's return to the LNG import market, after shipments were halted amid the civil war.
API releases new recommended practice for the safe transport of CO2 by pipeline
CO2 pipelines are an increasingly important part of the nation’s pipeline infrastructure as companies explore new systems and consider repurposing existing assets to transport CO2 for long-term storage or enhanced oil recovery.
LNG tanker Kunpeng loads cargo from Russian plant under sanctions
The Kunpeng arrived at the Portovaya LNG terminal, was unloaded on December 18 and departed with a cargo on December 21, according to ship-tracking data from analytics firm Kpler. LSEG data also shows the tanker arriving and leaving the terminal on the same dates.
Australia forces LNG exporters to keep a minimum amount for home market
Government proposes gas reservation of 15% to 25% of output Three east coast LNG export plants affected Scheme takes effect in 2027, impacting only new contracts Analysts say scheme could hurt LNG supply and push buyers away Australia will make exporters of liquefied natural gas from the..
U.S. natural gas futures climb 2% on near-record LNG export flows
LNG export flows near record highs Gas output remains at record levels in Lower 48 states, LSEG reports Energy Transfer suspends Lake Charles LNG plant development to focus on pipelines U.S. natural gas futures climbed about 2% on Friday on near-record gas flows to liquefied natural gas (..
Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project
Award from Technip Energies covers 6 mixed refrigerant turbomachinery trains for LNG production in Cameron, Louisiana LM9000 gas turbines paired with centrifugal compressors to deliver high efficiency, reliability, and lower carbon intensity Order builds on strategic agreement between Commonweal..
Israel approves natural gas deal with Egypt, Netanyahu said
Israel has approved a deal that will supply natural gas to Egypt, Israeli Prime Minister Benjamin Netanyahu said, describing it as the country's largest-ever gas deal.
Global LNG: Asia spot prices fall to 20-month low on weak demand
Asian spot liquefied natural gas (LNG) prices slipped to a fresh 20-month low this week, weighed by weak demand in the region and ample supplies.
Energy Transfer announces suspension of development of Lake Charles LNG export project
Energy Transfer LP announced that it is suspending development of the Lake Charles LNG project in order to focus on allocating capital to its significant backlog of natural gas pipeline infrastructure projects that Energy Transfer believes provides superior risk/return profiles. Energy Transfer mana..
U.S. allows oil sales from Russia's Sakhalin-2 project through June 18
The general license, issued by the U.S. Treasury Department, is important for U.S. ally Japan, which gets about 9% of its LNG from Russia.
Japan's JERA signs LNG sales deal with Hokkaido Gas
Under the agreement, JERA will supply about 130,000 metric tpy to 200,000 metric tpy of LNG on a delivered ex-ship basis from its global LNG portfolio.
Asia's imports of U.S. energy drop in 2025 despite Trump trade moves
The decline in imports from the United States is largely driven by China, the world's biggest buyer of commodities, which pulled back on purchases after Trump ramped up tariffs on U.S. imports of Chinese goods, with the current average rate around 47.5%.
KBR’s methanol technology selected by Fikrat Al-Tadweer for the first biomethanol plant in Saudi Arabia
KBR announced that it has been awarded a contract for its PureMSM green methanol technology by Fikrat Al-Tadweer for a pioneering biomethanol plant in Saudi Arabia for transforming landfill-gas into clean fuels. KBR’s PureM solution is designed for commercial-scale deployment with a low cost of ren..
Ovintiv enters into agreement for Cedar LNG capacity
Ovintiv Inc. and a subsidiary of Pembina Pipeline Corporation have announced the signing of a 12-yr agreement for 500,000 tpy of Pembina's liquefaction capacity at the Cedar LNG facility.
Freeport LNG export plant in Texas reports shutdown of liquefaction train
U.S. LNG company Freeport LNG said one of the three liquefaction trains at its LNG export plant in Texas shut on Tuesday, according to regulatory filings.
Sandpiper Chemicals selects Air Water Gas Solutions as ASU provider for blue methanol facility
Sandpiper Chemicals, LLC announced that it has selected Air Water Gas Solutions Inc. as its presumptive industrial gases supplier for its Texas City, Texas (U.S.) blue methanol facility. Air Water will design, build and operate a purpose-built air separation unit to provide oxygen, nitrogen and ins..
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Emerson’s new tank monitoring hub optimizes inventory management and operational efficiency
- Mitsubishi to inject $260 MM into Brunei LNG project
- Golden Pass LNG revises EPC contract for Trains 2 and 3
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
