Regions

Gas prices steady amid heavy Norway maintenance

Dutch and British wholesale gas prices were largely steady on Tuesday morning as the market was looking for any indication of potential extensions to Norwegian maintenance outages, which are at their heaviest this year so far.

Phillips 66 to buy Pinnacle Midland for $550 MM

Phillips 66 agreed to acquire Pinnacle Midland, a midstream company owned by private equity firm Energy Spectrum Capital, for $550 million in cash, expanding the U.S. refiner's natural gas gathering and processing footprint in the Midland Basin.

China LNG imports could hit record levels in 2024, says PetroChina

According to PetroChina, domestic LNG imports could reach between 78 MMtpy-80 MMtpy this year, with the industrial and commercial sectors driving demand.

Australia gas producers endorse govt strategy, warn of shortages this decade

Australia's energy producers endorsed a government strategy to boost natural gas development, but warned the country still faces new gas supply shortfalls this decade while markets remain volatile due to global conflicts.

Gulfstream LNG export terminal (U.S.) receives FERC approval

Gulfstream LNG, under development in Plaquemines Parish, Louisiana, announced that it has received the U.S. Federal Energy Regulatory Commission approval to commence the pre-filing permitting process, kicking off the regulatory review for its proposed 4-MMtpy modular export facility.

Johnson Matthey and thyssenkrupp Uhde join forces to offer an integrated solution for blue ammonia technology

Johnson Matthey and thyssenkrupp Uhde announced they have signed a Memorandum of Understanding to jointly offer a fully integrated low-carbon (blue) ammonia solution

ADNOC purchases stake/offtake from NextDecade LNG (U.S.)

ADNOC announced the acquisition of a 11.7% stake in Phase 1 of NextDecade's Rio Grande LNG, along with a 20-yr LNG offtake agreement from Train 4.

Chart Industries to supply key liquefaction equipment for Cedar LNG project

Chart Industries has been chosen to supply critical liquefaction equipment, including the natural gas liquefaction cold boxes and brazed aluminum heat exchangers, to the Cedar liquefied natural gas (LNG) project.

CoolCo, GAIL enter into long-term charter for newbuild LNG carrier

Cool Company Ltd. (CoolCo) has entered into a 14-yr time charter party with GAIL (India) Ltd. for one of the CoolCo’s two newbuild LNG carriers currently under construction. CoolCo will deliver the newbuild to GAIL in the Gulf of Mexico, with the 14-yr time charter commencing in early 2025.

Russia and China to sign Power of Siberia-2 gas pipeline contract 'in near future'

Russia and China expect to a sign a contract "in the near future" on the Power of Siberia-2 gas pipeline, which will carry Russian gas to China.

Natural gas flows to Freeport LNG in Texas (U.S.) at 5-month high

Natural gas flowing to Freeport LNG's export plant in Texas was on track to hit a five-month high, with a liquefaction train expected to return from a brief upset.

Asian spot LNG edges up as hot weather spurs demand

Asian spot liquefied natural gas (LNG) prices rose this week to their highest levels since January, as hot weather across the region spurred more demand for the super-chilled fuel, and as it tracked gains in European gas prices on the back of maintenance outages and lower wind output.

Shell says fire near Nigeria's Gbaran gas facility has been extinguished

Shell has confirmed a fire that broke out near its Gbaran Ubie gas facility in Nigeria's coastal Bayelsa state on Tuesday has been put out.

UAE's ADNOC planning US trading expansion

Abu Dhabi National Oil Company (ADNOC) is planning to set up a trading desk in the U.S. as part of the United Arab Emirates-backed oil and gas producer's global expansion efforts.

Waste manager WM explores $3 billion sale of renewable natural gas unit

Waste management firm WM is exploring a sale of its renewable natural gas business that could be worth about $3 B.

How Europe reduced its greenhouse gas emissions in 2023

The European Union's greenhouse gas (GHG) emissions fell by 5% last year, continuing a trend of declining emissions in Europe.

Japan's JERA to invest $32 B in LNG, renewables, new fuels over next decade

Japan's top power utility JERA said on Thursday it plans to invest 5 T yen ($32.4 B) over the coming decade into renewable energy and new fuels such as hydrogen and ammonia, as well as liquefied natural gas (LNG).

Italy's Snam eyes green opportunities

Italian gas grid distributor Snam is looking at green fuel opportunities. The €15-B group—which has Europe's largest gas transmission network and manages both storage assets and liquefied natural gas (LNG) terminals in Italy—is leading a European project to build a pipeline for green hydrogen (H2).

China LNG import capacity to grow to 250 MMtpy by 2028

PetroChina expects China's LNG import capacity to grow to 250 MMtpy by 2027-28 from about 140 MMtpy now, an official said.

U.S. Republican lawmakers urge FERC to approve LNG applications

Two influential U.S. Republican lawmakers have urged the head of the federal energy regulator to process applications for LNG projects.

Freeport LNG says all three trains in Texas facility are operational

Freeport LNG said that all three liquefaction trains in its Texas facility are in service after ending planned maintenance for the year.

Qatar to sign more long-term LNG contracts this year

Qatar has not had difficulty securing long-term liquefied natural gas (LNG) contracts and will sign more this year, according to QatarEnergy CEO and State Minister for Energy Saad al-Kaabi.

Indonesia's state utility PLN sees gas demand doubling by 2040

Indonesia's state power utility expects its natural gas demand to nearly double by 2040 as it aims to build 20 gigawatt (GW) of gas-fired power plants in the quest to reach net-zero emissions by 2060.

Shell investigates smoke near Gbaran oil facility in Nigeria

Shell is investigating reports of smoke early Tuesday near its Gbaran Ubie oil and gas facility in Nigeria's coastal Bayelsa state after residents reported hearing explosions and seeing smoke near the area.

U.S. natgas prices climb 2% to 15-week high on output drop, demand rise

U.S. natural gas futures climbed about 2% to a 15-week high on Wednesday on a drop in output and forecasts for warmer weather over the next two weeks that should boost the amount of gas power generators burn to produce electricity to keep air conditioners humming.

Nextchem completes acquisition of GasConTec, adding new low-carbon hydrogen/methanol to portfolio

Nextchem completed the acquisition of GasConTec, which will add new low-carbon hydrogen/methanol technologies to the company's portfolio.

Turkey signs LNG supply deal with ExxonMobil

Turkey's state pipeline company, BOTAS, and ExxonMobil signed an LNG supply agreement, as Turkey aims to diversify its energy sources.

Bulgaria starts operations on country's first hydrogen charging station

Funded through the Operational Program "Science and Education for Smart Growth" and the European Fund for Regional Development, the station is a testament to Bulgaria's inception of hydrogen electric mobility in the country.

EUROPE GAS: Prices mixed as warm weather supports softer demand

Dutch and British wholesale gas prices were mixed on Tuesday morning as warm weather continued to stay above seasonal averages, supporting softer demand.

Asahi Kasei opens new hydrogen pilot plant in Japan

Asahi Kasei celebrated the official opening of a new hydrogen pilot plant in Kawasaki, Japan.