Regions

India mulls bilateral deals for green hydrogen-linked carbon credits

India is considering bilateral agreements with countries such as Japan to allow them to use carbon credits linked to green hydrogen production in India in exchange for investment and purchase deals, two government sources and one industry source said.

Weak gas prices worsen outlook for Gazprom's revenues from sales to Europe

Weak gas prices have lowered expectations for Gazprom's revenues, which the Kremlin-controlled energy giant generates from sales to Europe, according to analysts and Reuters calculations.

U.S. Dept of Energy grants export license to Gulfstream LNG

Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed liquefied natural gas export plant in Louisiana.

Venture Global LNG seeks approval to speed up plant construction

LNG developer Venture Global LNG asked U.S. regulators for expedited review of a request to add construction workers to its Plaquemines LNG export project and to allow work around the clock seven days per week.

Cheniere Energy returns Louisiana LNG export plant to full production

Cheniere Energy Inc's Sabine Pass LNG export facility returned to full production this week after undergoing maintenance.

MAN Energy Solutions and Shell join forces to drive decarbonization solutions

MAN Energy Solutions and Shell have agreed a Memorandum of Understanding to explore the potential of combining their individual competencies and technologies to achieve their climate goals and support their customers in their decarbonization efforts.

U.S. natural gas prices up 2% on rising LNG feedgas, lingering hot weather

U.S. natural gas futures climbed about 2% as the daily amount of gas flowing to liquefied natural gas export plants increases, rising prices in Europe, and on forecasts for hotter-than-normal U.S. weather to continue through mid-July, especially in Texas.

Greek gas grid says 27 companies interested in booking future capacity

Greece has received interest from 27 U.S. and European companies in booking future capacity at its gas grid, which would allow them to import and export gas to Europe via the country in the coming decades, says grid operator DESFA.

Sinopec's first green hydrogen plant starts production in Xinjiang

China's Sinopec has begun producing green hydrogen at a plant in the western region of Xinjiang, the company said.

Centrica boosts UK gas storage for next winter, warns against complacency

British energy firm Centrica said it had increased storage capacity at the UK's largest gas storage facility to 54 bcf to help boost resilience next winter, warning gas markets remain volatile.

Russian piped gas exports to Europe up 3.6% m/m in June

Pipeline natural gas exports to Europe by Russia's Gazprom in June rose by 3.6% from May despite repair work on the TurkStream pipeline, according to calculations based on volumes supplied via Ukraine and TurkStream.

Asia spot LNG prices flat as demand remains tepid

Asian spot liquefied natural gas prices remained flat as demand remains muted and inventories are high.

ADNOC awards Petrofac $700-mm EPC Project

Petrofac has been selected by the Abu Dhabi National Oil Company subsidiary, ADNOC Gas Processing, to undertake a significant new Engineering, Procurement and Construction project at its Habshan Complex.

TechnipFMC awarded significant iEPCI for OMV’s Berling gas development

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract by OMV AS for its Berling gas development project.

Malaysia's Petronas sees domestic oil, gas output peaking by 2024

Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said.

Norway approves more than $18 B in oil, gas investments

Norway's government said it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.

Japan's Mitsui OSK gets approval for liquefied CO2 vessel, floating storage unit

Japanese shipping company Mitsui O.S.K Lines has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit from the American Bureau of Shipping.

Spain raises bet on green hydrogen, biogas in draft plan

Spain will double its 2030 biogas production target and almost triple its green hydrogen goal as part of a broad upgrade of its energy and climate ambitions, a draft of the government's strategy showed.

BCCK offers Nitech-style IV nitrogen rejection units in West Texas, featuring innovative tech

BCCK, a leader in engineering, procurement, fabrication and field construction services, has expanded its footprint in the Permian Basin with its NiTech Style IV dual column nitrogen rejection unit project.

Chamber analysis highlights flaws with EPA powerplant proposal

A new analysis by the U.S. Chamber’s Global Energy Institute finds significant flaws with the methodology used in EPA’s new carbon pollution standards for coal and natural gas-fired power plants.

Italy energy minister sees LNG terminals covering 50% of gas needs

Italy's Environment and Energy Minister Gilberto Pichetto Fratin said that deliveries by ship of liquefied natural gas were a reliable source of energy that could cover 50% of the country's gas needs.

Montauk Renewables, Inc. to develop RNG facility in Orange County, California

Montauk Renewables, Inc., through its subsidiary, Bowerman Power LFG, LLC, announced its planned development of a renewable natural gas landfill gas project in Irvine, CA at the Frank R. Bowerman Landfill.

Gas delivery system sales to grow 8.6% CAGR, $45B market by 2033

The global gas delivery systems market value is estimated to reach $19.3 B in 2023.

Germany, South Africa agree to cooperate on green hydrogen projects

Germany and South Africa y agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa's huge renewable resource potential to meet 2050 net zero targets.

Israel reignites debate on how much natural gas to sell abroad

Israel should urgently examine how much natural gas the country should export to make sure it keeps enough for itself, a senior official at Israel's Finance Ministry said.

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas said it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd., to collaborate on a carbon capture and storage project in Malaysia.

LNG-exporting Gulf Coast states drove U.S. natural gas demand growth

U.S. natural gas demand, domestic consumption plus gross exports, increased 43%, or 34.5 bcf/d, from 2012 to 2022.

Copenhagen Infrastructure Partners and Wega form strategic partnership in Finland

Copenhagen Infrastructure Partners through its CI Advanced Bioenergy Fund I announced that it has signed an agreement with Wega Group OY to establish an advanced bioenergy platform in Finland

INEOS Energy charters two LNG carriers to create virtual LNG pipeline from the U.S. to Europe

INEOS Energy Trading has today signed agreements with Mitsui O.S.K. Lines for two new build LNG carriers, to be used for the import of LNG into Germany from the United States.

Renewables growth did not dent fossil fuel dominance in 2022

Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of World Energy report said