Regions

Finland's Gasum terminates Gazprom pipeline gas contract

Finnish state-owned gas wholesaler Gasum said it had terminated a contract to buy natural gas from Gazprom Export via pipelines from Russia.

Spot LNG price drops to level that's not too hot, not too cold

The spot price of LNG in Asia is in the sweet spot of being low enough to boost buying interest, but not so low that it sparks a surge in demand.

Bosnian Serb leader Dodik and Putin may discuss gas prices, pipeline

Bosnian Serb leader Milorad Dodik may discuss gas prices and a new pipeline with Russian President Vladimir Putin during a visit to Moscow.

Johnson Matthey ties up with Hystar to boost green hydrogen output

Johnson Matthey said it has signed a three-year supply agreement with Norwegian firm Hystar AS to ramp up green hydrogen production as the British company shifts focus to a sector that is drawing big investments.

Global Syngas Technologies Council convened to address global syngas market

Situated in the beautiful natural surroundings of Colorado Springs with the backdrop of the Rocky Mountains, the Global Syngas Technologies Council (GSTC) convened for their Spring board meeting at the Broadmoor Resort and Hotel.

G7 draft communique: publicly supported gas sector investment can be temporarily appropriate

The Group of Seven rich nations believes that publicly supported investment in the gas sector can be temporarily appropriate while countries are accelerating the phasing-out of their dependency on Russia.

Asian spot LNG prices slip to 2-year low on tepid demand

Asian spot LNG prices slipped to their lowest level in two years on weak demand and high inventories, while European LNG prices also fell below the $10 mark amid healthy stock build and limited need for additional supply.

Lower gas prices to push up India's FY24 gas demand by 7%

Indian gas utility GAIL (India) Ltd sees local gas demand growing by 6%-7% in the fiscal year to March, driven by lower prices and the resumption of supply under a deal with the former unit of Russia's Gazprom.

Alberta wildfires hit gas flow out of Canada to U.S., spiking prices

Abnormally hot and dry weather is set to return to Alberta after a couple of cooler days helped calm wildfires that have slowed the flow of natural gas out of Canada into the United States and lifted gas prices.

Helleniq Energy says close to final decision on green hydrogen investment

Helleniq Energy, Greece's biggest oil refiner, said it is close to a final decision on a pilot green hydrogen investment at its Elefsina refinery.

Russia's Gazprom plans record domestic winter gas storage capacity

Russian energy giant Gazprom plans to boost natural gas reserves in domestic storage to a record-high next winter as its output and exports fall.

U.S. natural gas up 2% to two-month high as Canada wildfires keep exports low

U.S. natural gas futures rose about 2% to a two-month high as wildfires kept gas exports from Canada near a 25-month low.

U.S. natgas falls on bets for bigger-than-expected storage build

U.S. natural gas futures fell and were bound for their first daily decline in four days on expectations of a bigger-than-expected injection into gas inventories.

Chevron, Exxon seek state backing for Australia carbon capture, hydrogen projects

Chevron Corp and Exxon Mobil Corp, the two largest U.S. fossil fuel companies, are seeking Australia's backing for carbon capture and storage and hydrogen projects as they look to increase investment in a bid to slash intensity of carbon emissions.

Japan embraces G7's gas support but companies may face long-term problems

Japan's energy companies were quick to embrace the G7's support for natural gas investment in their statement last month but analysts caution that relying on the fossil fuel may open the companies up to long-term problems.

Philippines' First Gen seeks one LNG cargo for FSRU commissioning in Sept

Philippine power producer First Gen Corp will issue a tender probably in the next two weeks for one LNG cargo for delivery in September.

Vietnam bets big on LNG, South China Sea gas fields amid supply, security risks

Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported LNG and its reserves in the South China Sea, despite supply and geopolitical risks.

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.

Cheniere strikes LNG supply deal with Korea Southern Power

Cheniere Energy Inc said it has entered a long-term deal to supply LNG to Korea Southern Power Co Ltd.

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.

Ørsted awarded contract which will capture and store 430,000 tons of biogenic CO2

The Danish Energy Agency (DEA) has awarded Ørsted a 20-year contract for its carbon capture and storage project ‘Ørsted Kalundborg Hub’.