Regions

Pertamina, Petronas aim to replace Shell in Masela project, Indonesia minister says

State energy firms Pertamina and Petronas plan to jointly take over Shell's participating interest in Indonesia's Masela gas project, the Indonesian energy minister said.

Yara postpones clean ammonia IPO after weak valuation

Norway's Yara has postponed a planned initial public offering of its Yara Clean Ammonia business by one or two years due to an unsatisfactory market valuation, the fertilizer maker said in a strategy update.

Wood and Centrica Storage explore low-carbon hydrogen production hub

Wood is working with Centrica Storage to evaluate the feasibility of transforming its Easington gas processing terminal to a low-carbon production hub.

Cheniere signs LNG supply deal with China's ENN

Cheniere Energy said it will supply 1.8 million tons of liquefied natural gas per annum to China's ENN Natural Gas for over 20 years.

Shell resumes maintenance at key Norway gas terminal

Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement.

U.S. natural gas falls 3% on lower demand forecast, drop in European prices

U.S. natural gas futures fell about 3% on forecasts for less demand next week than previously expected due in part to a drop in the amount of gas flowing to liquefied natural gas export plants and a drop in European gas prices.

Netherlands to end Groningen gas production by Oct 1

Gas production at the Netherlands' Groningen field will end by Oct. 1, the government said, as it kept its promise to rapidly cease already minimal extraction to limit seismic risks in the region.

U.S. Mountain Valley natgas pipe moving forward, capacity may be limited

The $6.6-B Mountain Valley natural gas pipeline from West Virginia to Virginia is on track to get final permits by Saturday, moving the long-delayed project closer to re-starting construction.

Eni sees synergies of up to $1 B from Neptune acquisition

Italian energy group Eni said that synergies from the $4.9-B acquisition of private-equity backed Neptune Energy could reach $1 B as the two groups integrate their operations across key geographies.

Netherlands increases subsidies for green hydrogen production

The Dutch government said it will increase subsidies for the production of hydrogen from renewable sources of energy, known as 'green hydrogen', by €1 B next year and another €3.9 B in the years after.

Venture Global LNG signs 20-year contract with German energy firm

U.S. liquefied natural gas developer Venture Global LNG said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 mpta of LNG.

Australia's Tamboran signs deals to supply LNG to bp and Shell

Australia's Tamboran Resources announced two non-binding agreements to supply 4.4 million tons of liquefied natural gas a year to bp and Shell from its proposed Northern Territory LNG project.

Energy Dept. refuses Energy Transfer's rehearing request for LNG project

The U.S. Department of Energy will not rehear pipeline operator Energy Transfer's request for a second extension of its Lake Charles liquefied natural gas export project.

Israel's gas reserves grew by 40% over past decade

Israel's natural gas reserves have grown by 40% over the past decade due to increased drilling and exploration activities, an industry report said, even as production soared.

Portugal's grid ready to transport 10% hydrogen this year

Portugal's REN has started adapting its high-pressure natural gas grid to allow it to carry an up to 10% share of green hydrogen as early this year, the company said.

U.S. natural gas eases 1% on lower demand forecasts, ahead of storage report

U.S. natural gas futures eased about 1% on forecasts for lower demand next week due in part to ongoing work at several U.S. liquefied natural gas export terminals that is keeping the amount of gas flowing to the plants low.

Germany builds up LNG import terminals

Deutsche ReGas has sub-chartered a second floating storage and reception unit for liquefied natural gas for the Mukran terminal project in the Baltic Sea, with its LNG to flow to onshore grids via the nearby port of Lubmin from next winter.

Russia gas flows through Ukraine could stop next year

Russia could shut off one of the last arteries carrying Russian gas to Europe by the end of next year when Ukraine's supply contract with Gazprom expires citing an interview with Ukraine energy minister German Galushchenko.

Engie bets on Korean demand with $7-B Oman green ammonia project

French energy company Engie was awarded a land parcel in Oman, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.

Cheniere signs LNG supply agreement with Equinor for Sabine Pass expansion

Cheniere Energy has entered into a long-term agreement with Norway's Equinor to supply 1.75 million tons of liquefied natural gas per annum, it said.

OMV Petrom greenlights Neptun Deep Black Sea gas project

Romania's OMV Petrom will develop the long-awaited Neptun Deep Black Sea gas project and expects first output by 2027, it said on Wednesday as it announced its final investment decision.

Japan's Mitsui says no plans to exit Russia's Sakhalin-2 LNG project

Japanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas project in Russia, a senior executive said, adding the operation was continuing super-chilled fuel exports to Japan.

Malaysia's MISC Group to develop ammonia engines for ships

Malaysian logistics company MISC Group has signed an agreement to develop ammonia engines for ships, marking a step towards zero-emission shipping operations, the company said.

South Africa partners with Dutch, Danish governments on green hydrogen fund

South Africa and the governments of the Netherlands and Denmark launched a $1-B green hydrogen fund to help kick-start an industry seen as critical to the country's decarbonization efforts.

Russia's Novatek seeks rights for gas export from planned Murmansk LNG plant

The head of Russia's largest liquefied natural gas producer Novatek said the company is pushing for changes to the gas export law so that its future Murmansk LNG plant will be able to sell LNG abroad, TASS news agency reported.

Norway May gas output declines more than expected

Norway's crude oil and gas output fell in May from the previous month, with gas production lagging official forecast while oil exceeded expectations, Norwegian Petroleum Directorate said.

Qatar strikes second big LNG supply deal with China

Qatar secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead in the race to secure gas supplies from Doha's massive production expansion project.

Asia thermal coal prices get the blues from Europe and LNG

Seaborne thermal coal prices in Asia have slumped to the lowest in two years as weakening demand in Europe and falling liquefied natural gas prices outweigh strong demand in the top-importing region.

Cyprus changes tack with plan for Mediterranean gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.

Cheniere liquified natural gas plant reduces feedgas intake

U.S. liquefied natural gas exporter Cheniere Energy Inc has reduced feedgas intake and LNG output at its Louisiana facility during maintenance, according to two people familiar with the matter.