Regions

FERC approves TC Energy's US-Mexico North Baja natgas pipe expansion

Canadian energy company TC Energy Corp's North Baja Pipeline LLC unit has received permission from U.S. energy regulators to put the North Baja natural gas pipeline expansion in Arizona and California into service.

Equinor shuts Hammerfest LNG plant due to gas leak

Norway's Hammerfest LNG plant was shutting down due to a gas leak, a spokesperson for operator Equinor said, confirming an earlier police report.

Tanzania to review approval of $42-B LNG project in June

Tanzania's government said it had completed negotiations with the investors of its $42-B liquefied natural gas project, with the agreements set to be reviewed for approval next month.

U.S. natgas futures up 2% to 1-week high with warmer weather coming

U.S. natural gas futures rose about 2% to a one-week high on forecasts for warmer than normal weather in mid June that should boost air conditioning demand.

TotalEnergies and TES join forces to develop a large-scale e-NG production unit

Tree Energy Solutions is joining forces with TotalEnergies to study and develop a large-scale production unit in the United States for e-natural gas (e-NG), a synthetic gas produced from renewable hydrogen and CO2.

Eastward gas flows halt on Yamal-Europe pipeline

Eastward natural gas flows on the Yamal-Europe pipeline to Poland from Germany stopped after briefly resuming, data from operator Gascade showed.

Plug Power plans $6-B hydrogen projects in Finland

Plug Power Inc, a U.S. maker of hydrogen fuel systems, said it aims to build three plants in Finland costing some $6 B to produce green hydrogen and ammonia for the European market.

QatarEnergy to sign long-term LNG supply deal with Bangladesh

QatarEnergy will sign a long-term LNG supply deal with Bangladesh's state-owned gas company Petrobangla, the second Asian sales deal to be sealed for Qatar's North Field expansion project.

U.S. natgas futures drop 4% on record U.S. output, lower demand forecast

U.S. natural gas futures dropped about 4% on record U.S. output and forecasts for milder U.S. weather and lower demand over the next two weeks than previously expected.

Leadership changes announced at Gulf Energy Information

Gulf Energy Information (Gulf), a century-old provider of information to the global oil and gas and energy industries, has announced changes to its leadership structure, effective August 1, 2023.

Biden, McCarthy debt deal would speed up Mountain Valley gas pipeline

U.S. energy company Equitrans Midstream Corp's long-delayed $6.6-B Mountain Valley natural gas pipeline could win federal approval as part of Washington's debt limit deal.

Cyprus wants shipping corridor to export natgas

Cyprus wants to establish itself as a gateway from east Mediterranean gas resources to Europe via a shipping corridor of LNG carriers.

Iraq says Iran blames reduced gas exports on 'technical' matter

Iran's foreign minister told his Iraqi counterpart that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry statement said, as the two countries try to resolve Baghdad's huge unpaid bills.

Mexico energy regulator gives natural gas 'clean' label, drawing criticism

A move by Mexico's energy regulator to declare some natural gas-fired power as "clean" drew criticism from environmental groups that say the change will not help the country reach its clean energy targets.

Venezuela, Trinidad to meet again in June to discuss Dragon gas project

Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas.

MOL Group signs acquisition of Szarvas Biogas Plant

MOL Group has agreed on a deal with BayWa AG on the purchase of Szarvas Biogas Plant, a waste processing plant using organic wastes to produce electricity and heat through cogeneration with a peak electric power capacity of around 4 megawatts.

PetroChina, bp awarded 20 year access to Europe's Gate LNG terminal

PetroChina International and energy giant bp have won a tender that will allow each to handle 2 billion cubic meters of gas annually for 20 years at Rotterdam's Gate terminal, the Chinese state firm's first long-term access to a European gas terminal.

Dutch benchmark wholesale gas falls to two-year low

The Dutch wholesale natural gas price for the month ahead fell to a two-year low morning, which could offer some relief to consumers and some businesses who have been paying high energy bills over the past year.

Four bidders vie for stake in Exxon LNG terminal in Italy

Four international groups are competing to buy ExxonMobil Corp's majority stake in a liquefied natural gas terminal offshore Italy.

Asian spot LNG prices slide for fifth straight week on low demand

Asian spot liquefied natural gas prices have weakened for the fifth consecutive week on muted demand due to healthy stocks, remaining at their lowest level in two years.

U.S. natgas futures fall 4% to two-week low on lower demand forecast

U.S. natural gas futures fell about 4% to a two-week low on a collapse in global gas prices, record U.S. output, rising Canadian exports and forecasts for milder U.S. weather and lower than previously expected demand next week.

Air Products signs $1-B deal for processing facility in Uzbekistan

Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.

Higher inventories, output to weigh on U.S. natgas prices this summer

Ample storage levels, milder weather and a boost in production are likely to place downward pressure on US natural gas prices this summer, even as demand is seen reaching record levels.

Finland's LNG import terminal fully booked for Q2 and Q3

Finland’s floating storage and regasification unit is fully booked for liquefied natural gas imports in the second and third quarters this year.

Finland's Gasgrid, Sweden's Nordion plan 1,000 km hydrogen network

Finland’s Gasgrid aims to establish a hydrogen pipeline network around the Bothnian Bay measuring 1,000 km by 2030.

Saudi Aramco to develop 400 mcf per day Iraqi gas field

Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said.

German cabinet approves legal framework for hydrogen core network

The German cabinet on Wednesday passed a draft law to create a framework for a hydrogen core network scheduled to go into operation by 2032, as Berlin aims to move away from fossil fuels and become climate-neutral by 2045.

As gas reserves wane, Philippines faces rising costs in switch to LNG

With just four years before the Philippines' only gas field is set to run dry, the country has started importing liquefied natural gas, creating a fresh headache for a government struggling to curb high inflation.

China's main import gas pipelines

China, the world's third-largest gas buyer, imports the fuel in gaseous form via long-distance pipelines from three sources - central Asia, predominantly Turkmenistan, as well as Russia and Myanmar.

China prioritizing Turkmenistan over Russia in next big pipeline project

China is accelerating the building of a long-delayed Central Asian pipeline to source gas from Turkmenistan even as Russia pushes its own new Siberian connection, as Beijing juggles its energy security needs with diplomatic priorities.