Regions

EU launches third round of joint gas purchases

The European Commission launched a third round of joint gas purchases to secure supplies ahead of winter and help make up for Russia's slashing of deliveries.

Chevron accepts Australian labor tribunal's terms to end strike at LNG plants

Chevron said it has the accepted recommendations from Australia's labor regulator to end its dispute with unions at its LNG facilities in Western Australia.

Fugro provides geotechnical expertise for clean fuel project in Louisiana

St. Charles Clean Fuels, LLC has contracted with Fugro to provide geotechnical engineering services for an innovative 'blue' ammonia facility in southeastern Louisiana.

NextDecade secures $356-MM loan for Rio Grande LNG Phase 1

NextDecade said it has received a loan worth $356 MM from a group of lenders to finance a portion of the Phase 1 of its Rio Grande LNG export facility in Texas.

Berkshire Hathaway Maryland Cove Point LNG export plant shut

The amount of natural gas flowing to U.S. energy firm Berkshire Hathaway Energy's Cove Point LNG export plant in Maryland fell to near zero on Wednesday, a sign that the plant likely shut for work expected to start on Sept. 21.

Low demand could see 20% European gas price fall in summer 2024 compared to current projections

European gas prices are set to fall 20% by mid-2024, compared to the current forward price curve, despite the market recent tightening due to the extensions of gas field maintenance schedules in Norway and strikes at key Australian LNG fields.

German Mukran LNG import terminal seen ready by first quarter

A new floating reception terminal for LNG off the German Baltic Coast should be operational from the first quarter of 2024, gas pipeline operator Gascade, which is building its onshore connection.

Years of limited gas supply spell price spikes, Equinor says

A protracted lack of supply in the gas market means even minimal disruption will cause prices to spike, a senior executive at Equinor, Europe's largest supplier of natural gas.

Australia tribunal to rule on Chevron LNG strikes after talks fail

Fresh talks between Chevron and unions over strikes at two LNG facilities in Western Australia ended without a deal leaving it up to a workplace tribunal to map a way forward.

Why the volatile South Caucasus is important for gas and oil supplies

Azerbaijan is trying to take back control of Nagorno-Karabakh, a breakaway territory controlled by ethnic Armenians, in the latest escalation of a decades-old conflict.

Egypt approves GASCO project to increase capacity of Western Desert Gas Complex

Cabinet approves GASCO project to increase capacity of Western Desert Gas Complex with fourth production line of 600 MMcf/d.

Russia has produced 410 bcm of natural gas so far this year

Deputy Prime Minister Alexander Novak said that Russia had produced 410 bcm of natural gas so far this year.

U.S. President Joe Biden opposes bill to change natural gas procedures

U.S. President Joe Biden's administration strongly opposes passage of a bill in the House of Representatives that would change procedures for the import and export of natural gas.

Japan says it will ensure stable energy supply after U.S. sanctions related to Arctic LNG-2 project

Japan will ensure stable and steady energy supply to the country in the wake of fresh U.S. sanctions related to Russia's Arctic LNG 2 LNG project.

LNG crucial to German energy strategy

Germany must strengthen rather than abandon the LNG capability built last year to retain energy diversity in the face of continued fragility of supply.

U.S. natgas prices up 2% to two-week high on daily output drop

U.S. natural gas futures climbed about 2% to a two-week high with a drop in daily output and as the amount of gas flowing to the country's LNG export plants increases after Freeport LNG's facility in Texas returned to near full service over the past few days.

Chevron's strike-hit Australia LNG facility resumes full production

Chevron said full production had resumed at its strike-hit Wheatstone LNG facility in Western Australia after a fault last week cut production by about one-fifth.

Irish planning body rejects major LNG terminal, cites climate plan

Ireland's top planning body has refused permission for a major new LNG terminal, citing the government's greenhouse gas reduction targets, a possibly fatal blow to a project supporters say is essential to the country's energy security.

Chevron LNG strikes to have limited near-term impact on U.S. gas prices

The strikes at Chevron's LNG plants in Australia will likely have limited near-term impact on U.S. gas prices as domestic demand remains low.

Venture Global CEO says court battles are not slowing the company's LNG projects

Venture Global LNG's chief executive insisted recently that the company's development of U.S. LNG plants has not been slowed by international court battles over its failure to deliver cargoes to contract holders, including BP and Shell.

U.S. natgas prices edge up 1% on rising feedgas to Freeport LNG in Texas (U.S.)

U.S. natural gas futures edged up around 1% as the amount of gas flowing to the country's LNG export plants increases after Freeport LNG's facility in Texas returned to near full service over the past few days.

New FSRU arrives in France as Greenpeace blocks port

A new LNG FSRU arrived in western France morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.

ConocoPhillips signs 15-year LNG deal at Gate terminal in Netherlands

ConocoPhillips said it has signed a 15-year LNG throughput deal in the Netherlands, starting in 2031, to secure additional regasification capacity in Europe.

Russian gas exports to Europe via pipeline from Sept. 1-15 down 2% on August

Natural gas exports to Europe from Russia's Gazprom via pipeline edged down 2% in the first half of September compared to average levels in August when supplies were at their highest level this year.

Norway will deliver gas to Europe for as long as needed

Norway will continue to deliver natural gas to Europe for as long as needed while also working to decarbonize the continent's energy systems.

Italy's Eni wins second UK carbon storage license

Italian energy group Eni has won a second carbon dioxide storage license in Britain.

Asian spot LNG prices inch up as market eyes Australia strikes

Asian spot LNG prices inched up this week amid supply concerns as workers at Chevron's Australia LNG projects escalated industrial action and as feedgas intake at U.S. Freeport dropped below normal capacity.

Moldova's energy regulator fines Gazprom unit $1.9 MM

Moldova's energy regulator ANRE has fined a unit of Russia's Gazprom $1.9 MM for not complying with a requirement on the separation of gas transporting activities from those of a supplier.

Sener selected by Gate Terminal to design and build 4th LNG storage tank

Gate Terminal B.V. announces that it has selected VINCI Construction Grands Projets – Entrepose Contracting (tank), Sener (balance of plant) and Sacyr Proyecta (owner engineering services) to execute the expansion of the terminal with a 4th LNG storage tank of 180,000 cubic meters and an additional regasification capacity of 4 BMC per year.

Avenir LNG places LNG bunker trio with Wilhelmsen Ship Management

London-headquartered global energy supplier for small-scale LNG and gas carrier owner Avenir LNG Limited has awarded the management of three LNG bunker vessels to Wilhelmsen Ship Management.