Regions

Indonesia's Pertamina starts carbon injection tests in Sukowati oil and gas field

Indonesia state energy firm Pertamina has started an underground carbon injection trial in Sukowati field, the second site the company is testing for carbon capture, utilization and storage.

Australia's Woodside, Santos in talks for $53-B oil-gas merger

Australia energy companies Woodside and Santos Ltd said that they are in preliminary merger talks, in what could be the latest big deal in a wave of global consolidation the in oil and gas sector.

EU to give member states authority to halt Russian gas imports

The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus.

Asia spot LNG prices fall on continued muted demand

Asian spot LNG prices slightly fell this week on continued lack of interest for spot supply from Northeast Asia players and forecast of weaker prompt gas demand in Europe.

Details of Canada's planned regulations to limit oil and gas emissions

Canada unveiled planned regulations to limit emissions from the oil and gas sector using a cap-and-trade system, fulfilling a promise by Prime Minister Justin Trudeau's government to cut emissions in its most polluting sector.

Four suitors offer more than €600 MM for Edison gas storage

Edison's gas storage assets have attracted offers from four Italian and international suitors, setting the stage for a transaction that could be worth more than €600 MM.

Woodside in talks with Santos to form $52-B Australian gas giant

Australia's Woodside Energy and Santos said they were in preliminary talks to create an $52-B global oil and gas giant, as consolidation among international energy firms intensifies.

Italy's Saipem has completed exit from Russia's Arctic-2 LNG project

Italian energy engineering and construction group Saipem is no longer involved in Arctic-2 LNG, a massive Russian project to build a LNG production site in the Arctic, which was targeted by U.S. sanctions last month.

Asia-Europe LNG spread at widest level in almost a year

The Asia-Europe LNG spread has hit its widest level in about a year, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.

Venture Global LNG expects extended start-up at second plant

A Venture Global LNG export plant due to begin operating in 2024 will undergo a lengthy startup similar to its Calcasieu Pass LNG facility, with customers likely to receive their first cargoes in 2026 at the earliest.

U.S. natural gas prices edge up on colder forecasts, record LNG feedgas

U.S. natural gas futures edged up about 1% on forecasts for colder weather and higher heating demand next week than previously expected and as record amounts of gas flowed to U.S. LNG export plants.

"Leave no stone unturned" in gas exploration, Norway tells industry

Norway still has vast proven natural gas resources without development plans urging exploration companies to find ways of producing it despite technological challenges.

Countries in the Middle East and North Africa supply about one-third of global LNG

Exporting countries in the Middle East and North Africa region supplied nearly one-third (29%) of global LNG exports in 2022, according to data from the International Group of Liquefied Natural Gas Importers.

Outokumpu and Alfa Laval join forces to reduce emissions in stainless steel production

Outokumpu and Alfa Laval have entered into a contract regarding the delivery of Outokumpu Circle Green stainless steel.

ADNOC and SOCAR to collaborate on hydrogen, carbon management and geothermal technologies

ADNOC and the State Oil Company of Azerbaijan Republic announced the signing of a strategic collaboration agreement that sets out their intention to collaborate on the potential development of low carbon energy technologies.

EnerMech’s fast track expertise safely supports progress of vital LNG projects

EnerMech, and its alliance partner Offshore Technical Services, have been instrumental in helping fast track the first phase of a major project to import LNG to Germany as the country races to reduce its dependence on Russian energy.

Russia's LNG supplies to Europe hit monthly record high in November

Supplies of Russian LNG to Europe reached a monthly high of 1.75 Mmt, while deliveries to China declined.

Australia Pacific LNG resumes production and cargo loading

Production of LNG and the loading of cargoes have resumed at Australia Pacific LNG after a loaded tanker that was stuck at the facility was moved.

Trinidad's Atlantic LNG restructuring to shrink Shell's stake, boost bp's

Shell's ownership in Trinidad and Tobago's Atlantic LNG facility will shrink, while bp and Trinidad's state-owned National Gas Co will increase their stakes in a restructuring agreement to be signed this week.

TES and Toho Gas sign agreement for close collaboration for the value chain of e-NG

TES and Toho Gas Co., Ltd. announce that both companies have signed a comprehensive agreement to explore the development of an e-NG supply chain in order to support Japan’s decarbonization goals.

Australia Pacific LNG deliveries disrupted due to tanker outage

Shipments of LNG from Australia Pacific LNG have come to a halt after a loaded tanker docked at the site lost power.

OMV and Cheniere sign long-term LNG supply agreement

OMV announced the signing of a long-term sale and purchase agreement with US-based company Cheniere Energy, Inc. covering the supply of up to 850,000 tpy of LNG beginning in late 2029.

U.S. natgas prices hold steady as surprise storage build offsets rising demand

U.S. natural gas futures were little changed as a surprise build in weekly storage and forecasts for less cold weather through mid-December than previously expected offset a drop in output over the past few days and forecasts for higher demand over the next two weeks.

Train 1 restarts after trip at Freeport LNG plant, Texas (U.S.)

Freeport LNG reported that during the operation of its liquefaction plant in Texas.

Russian pipeline gas exports to Europe down 4.3% in November

Average daily natural gas supplies to Europe by Russian energy giant Gazprom were down 4.3% in November from their October levels.

U.S. November LNG exports approach record levels amid higher output

U.S. LNG exports in November rose to the second highest monthly production level on record, 7.99 Mmt of the superchilled gas.

Asia spot LNG prices fall to 7-week low on tepid demand, improved supply

Asian spot LNG prices fell this week to a 7-week low despite cold weather, as demand remains muted and global supply conditions ease after recent maintenance and geopolitical tensions.

Venture Global seeks approval to start utilities systems at Calcasieu Pass LNG

Venture Global LNG sought permission from federal regulators to place utilities systems into service at its Calcasieu Pass export plant in Louisiana, in a filing with the U.S. Federal Energy Regulatory Commission.

Shell authorizes engineering, construction work on Manatee gas field

Shell PLC has authorized contractor McDermott International Ltd to start engineering work on its Manatee gas field development project off Trinidad and Tobago's east coast.

Kyiv proposes reversing Trans-Balkan gas pipeline flows through Ukraine

Ukraine's state gas transit operator proposed reversing gas flows through the Trans-Balkan pipeline, which would allow gas to be pumped from the Balkans to Central and Eastern European countries through Ukraine.