Asia-Pacific
Asia spot LNG prices retreats from 7-month high on tepid demand
Asian spot LNG prices retreated from a seven-month high as demand remained muted due to warmer weather and as market players did not envisage production losses from the possible return of strikes in Australia.
Vietnam sees no gas from Exxon, Gazprom projects for years
Vietnam expects further years-long delays before offshore blocks being developed by U.S. major Exxon Mobil and Russia's Gazprom will be producing gas.
Chevron, Australian unions hit snag in deal, workers to meet for possible strike vote
Efforts to finalize a pact to end strikes at Chevron's two Australian LNG plants hit a snag with unions accusing the U.S. energy major of reneging on commitments and potentially gearing up to resume stoppages.
MET Group sets up LNG trading office in Singapore
Switzerland-based energy trader MET Group said it has set up an office in Singapore to focus on LNG trading as well as asset investments in what will be its first office in Asia.
ADNOC top exec says oil and gas could remain relevant until 2050
Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.
Asia spot LNG prices hit 7-month high on rising demand, Europe supply worries
Asian spot LNG prices rose for a third week, gaining $1 to a seven-month high, amid increased demand in Asia and supply concerns in Europe.
Técnicas Reunidas and Sinopec Engineering Group sign a Strategic Alliance Cooperation Agreement
Técnicas Reunidas, S.A. and Sinopec Engineering Group Co. Ltd. have signed in Beijing a Strategic Alliance Cooperation Agreement for the joint execution of Refining, Petrochemicals, Natural Gas and Transition Projects worldwide.
Pakistan receives first shipment of Russian LPG, Russian embassy says
Pakistan has received its first shipment of LPG from Russia, Moscow's embassy in Islamabad said, marking Islamabad's second major Russian energy purchase.
Japan's industry ministry sees LNG stocks recovering towards winter
LNG stocks held by Japan's major electricity utilities will likely increase towards the peak winter demand season, the industry ministry said, after stocks fell to their lowest since early 2021.
QatarEnergy, Korea's HHI sign $3.9-B deal for 17 LNG carriers
QatarEnergy said it had signed a $3.90-B deal with HD Hyundai Heavy Industries for the South Korean firm to supply it with 17 LNG carriers.
Strikes end at Chevron's Australian LNG facilities
An Australian union alliance called off strikes at Chevron's two major local LNG projects, agreeing to resolve disputes that had threatened to disrupt around 7% of global LNG supplies.
Asia spot LNG prices notch up amid spot buys, easing Japan inventories
Asian spot LNG prices rose $1 this week due to buying activity by China and India, easing inventory levels in Japan and higher oil prices.
China gas demand seen up 8% on economic recovery, easing fuel cost
China's natural gas demand this year is expected to grow by 8% from 2022, an analyst from state-owned oil major CNOOC's research division said, a pace higher than analysts' forecasts on the back of cooling gas prices and China's economic recovery.
Chevron accepts Australian labor tribunal's terms to end strike at LNG plants
Chevron said it has the accepted recommendations from Australia's labor regulator to end its dispute with unions at its LNG facilities in Western Australia.
Australia tribunal to rule on Chevron LNG strikes after talks fail
Fresh talks between Chevron and unions over strikes at two LNG facilities in Western Australia ended without a deal leaving it up to a workplace tribunal to map a way forward.
Japan says it will ensure stable energy supply after U.S. sanctions related to Arctic LNG-2 project
Japan will ensure stable and steady energy supply to the country in the wake of fresh U.S. sanctions related to Russia's Arctic LNG 2 LNG project.
Chevron's strike-hit Australia LNG facility resumes full production
Chevron said full production had resumed at its strike-hit Wheatstone LNG facility in Western Australia after a fault last week cut production by about one-fifth.
Chevron LNG strikes to have limited near-term impact on U.S. gas prices
The strikes at Chevron's LNG plants in Australia will likely have limited near-term impact on U.S. gas prices as domestic demand remains low.
Asian spot LNG prices inch up as market eyes Australia strikes
Asian spot LNG prices inched up this week amid supply concerns as workers at Chevron's Australia LNG projects escalated industrial action and as feedgas intake at U.S. Freeport dropped below normal capacity.
SOCAR Trading starts LNG trading in Singapore to capture Asian demand
Azerbajian's SOCAR Trading has begun LNG trading in Singapore to capture growing demand in Asia.
India issues tender for gas-fired power to address unusually high power demand
India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November.
Chevron LNG workers escalate strike action; fault at Australia plant hits output
Unionized workers at Chevron's Australian facilities escalated strike action, when simultaneously a fault at the energy major's Wheatstone plant was discovered that halted about a quarter of its liquefied natural gas production.
Malaysia's Bumi Armada inks deal for LNG development in Indonesia
Malaysia's Bumi Armada said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of LNG.
Australia tribunal sets Sept 22 as date for Chevron LNG dispute hearing
The dispute between Chevron and workers at its two LNG in Australia will be heard by the industrial relations tribunal on Sept. 22, potentially offering a resolution to strikes which began last Friday.
Chevron gambles on untested laws to halt Australia LNG strike action
Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone LNG facilities as unions prepare for full scale strikes.
Strikes start at major Chevron Australia LNG projects, no talks planned
Workers at Chevron's LNG projects in Australia went on strike after talks broke down, potentially disrupting output from facilities that account for over 5% of global supply.
Asian spot LNG prices slip on tepid demand, Australia strike offers no support
Asian spot LNG prices inched down this week on tepid demand, even as supply concerns deepened after workers at Chevron's Australia LNG projects went on strike.
LNG suppliers pin hopes on China for long-term demand
Suppliers of LNG are betting on China to drive demand for the super-chilled fuel over the longer term despite last year's slowdown, as the country locks in multi-year supply deals.
JERA sees muted impact on LNG prices from potential strike in Australia
Japan's JERA, one of the world's biggest buyers of LNG, expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand.
Chevron LNG workers in Australia to further delay planned strikes
Workers at Chevron's liquefied natural gas facilities in Australia have agreed to further delay a planned strike to later on Friday.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Vanguard Renewables breaks ground on its first organics-to-renewable gas facility
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
