Regions

Greensand begins construction on EU's first CO2 storage facility

Construction has begun on Greensand’s carbon dioxide transit terminal at Port Esbjerg in Denmark. Once operational, the liquefied CO₂ will be loaded onto a dedicated carrier and shipped to the INEOS Nini platform in the Danish North Sea.

Commonwealth LNG signs 20-yr sale and purchase agreement with major Asian buyer

Commonwealth LNG has signed a sale and purchase agreement (SPA) with a major Asian energy company. Under the agreement, the buyer will purchase 1 metric MMtpy of LNG for 20 yr from Commonwealth's 9.5-MMtpy facility currently under development in Cameron, Louisiana (U.S.).

ANALYSIS: EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts

Europe's aging power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid blackouts.

Sonatrach and Saudi Aramco cut May LPG prices by 1%–11%

Saudi Aramco and Algeria's Sonatrach have cut May's official selling prices for liquefied petroleum gas (LPG) by 0.8%–10.9% from the previous month due to rising global supply.

Indonesia's Bukit Asam eyes $3.1-B plant to convert coal to synthetic natural gas

Indonesian state coal miner Bukit Asam is studying a plan to invest $3.1 B into a plant to convert coal into synthetic natural gas.

Russia's LNG exports down 4.6% y/y in January–April

Russia's exports of liquefied natural gas (LNG) in the first four months of the year declined by 4.6% from a year earlier to 10.4 MM tonnes (t), LSEG preliminary data showed on Monday, amid sanctions.

EU seeks to cut remaining Russian gas ties, but legal options limited

The European Union will on Tuesday announce a roadmap to phase out the bloc's remaining gas ties with Moscow, but in the absence of sanctions it will be difficult for buyers to exit gas contracts using legal options such as force majeure.

Maire subsidiaries awarded various contracts worth approximately $1.1 B

MAIRE announced that its subsidiaries TECNIMONT and KT-Kinetics Technology have been granted new awards for a total amount of approximately $1.1 B for engineering, procurement and construction activities related to gas treatment infrastructures, as well as high-value added engineering services provided by NEXTCHEM's group companies for the development of biofuel facilities.

Linde to expand supply of industrial gases to Samsung in South Korea

Linde announced that it will increase its supply of ultra-high-purity atmospheric, process and specialty gases to Samsung’s world-class semiconductor manufacturing complex in Pyeongtaek, South Korea.

U.S. natgas prices climb 2% to 3-week high on lower output, higher demand

U.S. natural gas futures climbed about 2% to a three-week high on Friday on a drop in output over recent days and forecasts for more demand this week than previously expected.

Europe gas: Prices rise on cooler weather, LNG competition from Asia

Dutch and British wholesale gas prices rose in early trading on Friday morning amid forecasts of higher demand as temperatures cooled, and in order to remain competitive against Asian buyers of liquefied natural gas (LNG).

Argentina to bring in second LNG liquefaction vessel in 2028

Argentina's Southern Energy Project said on Friday it has agreed with Golar LNG to a contract for a second liquefaction vessel with a capacity of 3.5 metric MMtpy of liquefied natural gas (LNG).

Venture Global raises $3 B towards building CP2 Louisiana LNG plant

Venture Global has raised $3 B in debt finance towards the construction of its CP2 LNG plant in Louisiana, which would be the largest single liquefied natural gas plant in the U.S., the company said.

LNG traders divert four U.S. cargoes from Europe to Asia

Four cargoes of liquefied natural gas (LNG) headed for Europe changed course to Asia in the last two weeks, after European prices fell below the Asian benchmark and opened up an arbitrage for deliveries eastward.

India's BPCL eyes $20/t–$30/t gain from swap of Middle East LPG with cheaper U.S. supplies

Indian fuel retailer Bharat Petroleum Corp. Ltd. expects a net gain of $20 to $30 a tonne (t) on delivery of U.S. liquefied petroleum gas (LPG) through a swap deal with Middle Eastern suppliers.

Digital Feature: Unlocking untapped value: The pathway to a midstream pipeline virtual control room via human-centric industrial autonomy

Analysis indicates a compelling opportunity for vertically integrated midstream operators. By transitioning to advanced automation in pipeline control rooms, one can unlock significant value and drive margin expansion. This represents a substantial, often untapped, lever for profitability enhancement within the vertically integrated energy value chain.

S&P cuts Woodside's credit outlook to 'negative' after LNG investment decision

S&P Global Ratings has revised the credit outlook for Australia's Woodside to "negative" from "stable" on Thursday after the energy company reached a final investment decision (FID) of $17.5 B on its Louisiana (U.S.) liquefied natural gas (LNG) project.

QatarEnergy in talks with Japan on long-term LNG supply deal

One of the world's biggest liquefied natural gas suppliers, QatarEnergy, is in talks with Japanese firms for a long-term deal to supply LNG from its North Field expansion project.

U.S. LNG exports surge to new highs on strong buying by Europe

U.S. exports of LNG so far this year have surged by > 20% from the same period a year ago, driven mainly by purchases by European nations, which accounted for over three quarters of total U.S. orders.

First European built offshore CO₂ carrier to be christened and launched on May 14

The vessel is specifically designed to transport liquefied CO₂ from onshore capture sites to offshore storage in the Danish part of the North Sea, as part of Project Greensand.

Oman: TotalEnergies and OQEP lay the foundation stone for Marsa LNG

OQ Exploration & Production celebrated the laying of the foundation stone of the Marsa LNG plant at the port of Sohar, located in northern Oman, one year after the final investment decision.

Trillium acquires CNG stations from U.S. Energy

Trillium Energy Solutions, a member of the Love’s Family of Companies, announced today it has completed the acquisition of U.S. Energy’s compressed natural gas (CNG) dispensing network.

Snam completes commissioning of FSRU offshore Ravenna, Italy

The regasification unit BW Singapore, moored 8.5 kilometers offshore Ravenna, has successfully completed commissioning within the scheduled time.

ADNOC to supply U.S. LPG to India following China-US tariffs

Abu Dhabi National Oil Company (ADNOC) will start replacing some of the liquefied petroleum gas (LPG) it supplies to India with cheaper U.S. cargoes from June, as U.S.-China tariffs rejig global trade flows.

INEOS and Covestro agree to 8-yr LNG linked gas supply agreement

INEOS and Covestro have announced a significant long-term agreement for the supply of natural gas for up to eight years, starting 2027. The agreement builds on INEOS' newly established LNG supply chain, and both companies' commitment to support European industrial competitiveness.

Three killed, two injured in accident at LNG construction site in Texas (U.S.)

Three people were killed and two others injured in an accident at an LNG plant under construction in Texas on Tuesday.

German gas storage operators criticize plan to implement EU rules

A draft proposal to change Germany's gas storage law to align filling levels with anticipated European Union regulations could be unfair to some operators and even squeeze supplies, their industry lobby INES said on Tuesday.

Opinion: U.S. LNG exporters could lose out as AI gas demand booms

While America boasts some of the world’s largest gas reserves, a sharp increase in electricity demand over the coming years, driven by the rise of artificial intelligence (AI), could heavily strain the country’s creaky power systems and infrastructure, pushing natural gas prices higher and potentially undermining the economics of LNG plants.

Woodside approves $17.5-B U.S. LNG project, targets 2029 start

Australia's Woodside Energy has given final approval to build a $17.5-B liquefied natural gas (LNG) project in Louisiana (U.S.), confident a pro-fossil fuel U.S. administration and strong demand will give it competitive returns.

Viridi Energy begins operations at RNG facility in Alabama (U.S.)

Viridi Energy, a leading renewable natural gas (RNG) platform, has begun operations at its new RNG facility in Summerdale, Alabama (U.S.). Developed in partnership with the Solid Waste Disposal Authority of Baldwin County, the facility captures landfill gas from the county’s Magnolia Landfill and converts it into pipeline-quality RNG, delivering environmental and economic benefits to the local community.